Joe McCann on Why Bitcoin Is the King and Memecoins Are Over—For Now - Ep. 801
Episode publishedPodcast: UnchainedUnchained
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I'm not stoked with February. Trust me. I was dead wrong. I thought we were going to to rip to new all time highs this quarter. Dead wrong. First one to admit it. But I still don't think fundamentally anything has really changed beyond this mechanistic unwinding of crowded positions and the way that the the kind of inner workings of the of the equity markets and ultimately, you know, affecting things like crypto actually work.
Hi, everyone. Welcome to Unchained, your no hype resource for all things crypto. I'm your host, Laura Shin. We are now featuring quotes from listeners on the show. Today, we have one from Han p eight on YouTube responding to the interviews with Tushar Jain about Solana's failed SIMD 2 to eight proposal. Han P eight says, quote, inflation was part of the reason why ETH dumped hard to below 2,000. After the Dunkoon upgrade, it went to lower gas fees, which meant less ethers burned, which meant inflation. Since ETH stakers still get two to 3% of yield, it will be harder for Solana to appreciate i
for having me, Lauren.
So listeners may know you as a cohost of our crypto and macro show Bits and Bips, but they may not be aware of your full background, how it is that you became so knowledgeable about both crypto and macro. So So why don't you tell us that story and how you got into crypto?
Yeah. Sure. So, yeah, I I actually studied philosophy in university a long time ago. So I'm actually So
did I. Oh,
cool. Yeah. And, you know, I was actually having this conversation with some friends the other day about, like, the university system currently and AI and the impact of it. And I'm like, I mean, maybe I'm biased, but really all you should study is philosophy anyway because it teaches you how to think. So, you know, I've been doing trading and and, you know, software developer technologist for twenty five years, self taught in both. And I've kind of my career has flip flopped between the two. But I've always been kind of interested in what is coming next. So emerging technology and then things
I mean, this is, yeah, just such an interesting way that you kind of pulled all the different strands together, and it's reflected in asymmetric where, you know, as you mentioned, so you have these two hedge funds, the liquid alpha fund, a high volatility fund. You have the different venture funds that you mentioned. However, you are also well known for meme coins and the bond trade. That's
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