Reddit is an economy without a currency, right? You get to extract some of the value that you created by creating. It's not true for 99% of other NFT collections where the floor drops below a certain price and it's gone forever. That's why it's going to work for Starbucks, why it worked for Reddit. In the context of Reddit, I think it's different because it's, you will go back to Reddit regardless of whether or not the NFT appreciates or depreciates.
Timestamps:
- (00:00:00) - Intro + Meme Of The Week
- (00:02:27) - Rishi Sunak: UK Prime Minister
- (00:21:52) - UK Economy
- (00:26:02) - UK Population Is Shrinking
- (00:27:27) - Generative AI
- (00:32:56) - Will AI Replace Creative Jobs?
- (00:44:18) - AI Tweet Generator
- (00:46:38) - Rob Joins: Reddit NFTs
- (01:05:03) - Web3 Promise + Difference From Opensea
- (01:14:58) - Is This Another Hype Cycle?
- (01:21:28) - What Makes Something Viral?
- (01:23:58) - Best Subreddits
- (01:27:24) - Motivation As Reddit Moderator
What Is Not Investment Advice?
Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.
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