4.6 • 2.7K Ratings
🗓️ 16 April 2024
⏱️ 31 minutes
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0:00.0 | Okay, Tim Collins and I solved basically the main problems of the world on this episode with what I think is a great |
0:17.8 | business idea solves all the problems of student loan debt, solves really any kind of debt, might solve inflation, I'd love to know |
0:26.4 | what you think of it, and also we have a call for participants in this episode. So here we go, the ultimate business idea |
0:36.8 | that solves every problem in the world. |
0:40.3 | This isn't your average business podcast and he's not your average host. |
0:48.0 | This is the James Altiger show. Let me ask you a question. But these ruins, Ben was saying they make, you could make a meme coin, like Doge coin with these, I guess on the Bitcoin blockchain with these ruins. Right now I can make a mean coin in seconds using Salana for instance. |
1:13.2 | Right, you could go to Pump dot Fund and spin one up quickly and throw it out there |
1:19.7 | and hope that you hit the bonding curve and you get funding and you hit the $70,000 market cap that you need to launch and go at it. |
1:28.1 | Of course it might take you 15 or 20 or 30 tries to make that happen and chances are it's going to be liquidated as quickly as you make it. |
1:38.3 | So yeah, you can. |
1:39.6 | What do you mean liquidated? |
1:41.6 | Basically everybody that went in the bonding curve that gave you the money ends up selling |
1:46.2 | their tokens as quickly as possible on any pump, if you will, or any push higher in value |
1:51.9 | and look to get out. |
1:53.4 | I mean, I follow that stuff every day |
1:55.2 | and I just watch them in 15 minutes go up and down, |
1:58.4 | and straight back down to zero. |
2:00.1 | So like an example is Dogecoin is a meme coin. |
2:02.8 | So it's a coin that really has no value, no utility, |
2:06.6 | there's no use case for it. |
2:07.9 | You can buy a Tesla with it, remember? |
2:10.0 | Right, well, that's just it, like, |
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