SOB: The Sure Thing, the Force Multiplier, and the Underdoge
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 16 October 2021
⏱️ 16 minutes
🧾️ Download transcript
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| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. |
| 0:49.7 | This episode of Speaking of Bitcoin on the Coin Desk Podcast Network is brought to you by crystal |
| 0:54.5 | blockchain.com. |
| 1:00.1 | Hello there. I'm George Franklin, and I'm going to take a look at how even the best and brightest |
| 1:04.7 | people can make truly stupid decisions and terrible predictions. And what we can learn from them. |
| 1:12.3 | This is Dare to Be Stupid. |
| 1:19.1 | This time on Dare to Be Stupid, force multipliers, or the sure thing versus the underdodge. |
| 1:25.5 | In 2013, two men told a joke that never quite landed. In fact, the joke is still soaring sky high as we speak. That joke is Dogecoin, a parody cryptocurrency founded on the twin economic principles of memes and comic sands. |
| 1:33.3 | A financial powerhouse, this was not. |
| 1:35.3 | Yet now, eight years later, Dogecoin is a financial powerhouse, easily more than ever intended. |
| 1:41.3 | It's a competitive cryptocurrency that has made many people wealthy thanks to the dumbest of dumb money. Dogecoin was set up for failure. On paper it had nothing |
| 1:49.5 | going for it, and yet now it's an explosive success. It was destined to be the underdog, |
| 1:54.0 | or under Doge, and now it's the mouse that roared. But back in 1982, a lion roared and a squeak came out. |
... |
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