Memes are Dead, Long Live the Memes | Nick Tomaino

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Feb 24, 2025

Nick Tomaino, Founder of One Confirmation and a crypto expert, dives into the evolving world of cryptocurrency. He sheds light on the recent launch of LIBRA and the increasing significance of stablecoins. The discussion explores the ethical dilemmas surrounding meme coins and the need for education in the crypto landscape. Tomaino also emphasizes long-term investment strategies for newcomers and the importance of supporting founders focused on sustainable development. Insights into app chains and the future of decentralized finance make this a must-listen for crypto enthusiasts.

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INSIGHT

Crypto Tipping Point?

Recent events reveal a tipping point for the crypto industry.
The unchecked "meme coin" hype might not be as beneficial as initially perceived.

INSIGHT

Open Ethos: Gift and Curse

Crypto's open nature allows for innovation but also attracts scammers.
Focusing on human behavior, rather than just tech, is key to investing wisely in this space.

INSIGHT

Ethics of Meme Coins

Meme coins are ethically acceptable, Bitcoin being the original.
However, manipulative pump-and-dump schemes harm the industry's reputation and retail investors.

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This week Nick Tomaino joins the show for a discussion on the current state of crypto. We deep dive into the recent LIBRA launch, investing in L1s vs apps, the rise of stablecoins, finding opportunities in crypto, advice for founders & more. Enjoy!

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Timestamps:

(00:00) Introduction

(00:46) Crypto's Tipping Point?

(04:25) The LIBRA Impact On Solana

(11:39) Uniswap Ad

(12:15) The Appchain Thesis

(15:48) Why Crypto Needs More Apps

(18:33) Does Crypto Need More L1s?

(22:24) Uniswap Ad

(23:02) Investing In Crypto

(30:50) The Rise Of Stablecoins

(35:48) Ads (Aptos, Bitwise, Arweave)

(38:06) Token Investing

(40:40) Advice For Founders

(46:14) The Ethereum Roadmap

(52:28) NFTs

(58:00) Finding Opportunities In Crypto

Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.