Not Investment Advice

203: Libra $200M+ Rug, How We Use AI, OpenAI Deep Research & Vibe Coding

68 snips
Feb 19, 2025
Dive into the drama of a $200M rug pull in the meme coin world, revealing its political ties. Discover how AI is reshaping creativity, from writing to art, and the fascinating concept of 'vibe coding' that champions imaginative coding over traditional skills. Explore the challenges of authenticity in AI-generated art and the delicate balance between efficiency and personal expression. The discussion wraps up with insights into AI's role in our daily lives and the complexities surrounding data privacy in this tech-driven landscape.
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ANECDOTE

Libra Rug Pull

  • Argentinian president Javier Milei endorsed a memecoin called Libra.
  • The coin's market cap soared to $4.5 billion then crashed, causing massive losses.
INSIGHT

Memecoins as Political Tools

  • Memecoins reveal true support for politicians because people invest based on conviction, not public statements.
  • This makes them a powerful, albeit risky, tool for gauging public sentiment.
ADVICE

Maximize ChatGPT Context

  • Use ChatGPT for its ability to retain context across conversations, enabling connections between ideas.
  • Leverage this feature for nuanced writing and project development.
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