Cryptocurrencies and Controversies: Trump Coin, XRP, and the Market's Future

Old Men, New Money: The Trump Coin Controversy and Beyond In this episode of 'Old Men, New Money,' hosts Phil Larmon, Ali Davoudi, and Douglas Borthwick discuss the recent developments in the cryptocurrency world, especially focusing on Trump's involvement with the Trump Coin and its implications. They explore the significance of meme coins, the transparency of blockchain, and the role of prominent political figures in the crypto space. The conversation also covers various other crypto topics such as the potential impact of Elon Musk's X payments, the role of Dogecoin, and the strategic use of XRP. They delve into the increasing interest from central banks and governments in Bitcoin, highlighting how institutional participation influences market dynamics. Additionally, the discussion touches on tokenization of pre-IPO stocks and the future of crypto-friendly administration. Closing the episode, they tease an upcoming interview with Wendy Starland who will discuss blockchain's role in the music industry. 00:00 Introduction of the Full Crew 00:09 Trump Coin Controversy 06:05 Crypto Market Dynamics 10:09 Ripple and XRP Debate 13:30 Bitcoin's Institutional Adoption 18:48 Synthetic Contracts and Market Manipulation 21:37 Elon Musk and X Payments 21:58 Exploring the Super App Concept 23:05 Deep Seek: A New AI Competitor 24:06 Implications of AI Advancements 30:54 Tokenized Pre-IPO Stocks 36:00 MicroStrategy and Bitcoin Investments 40:37 Banks and Bitcoin Custody 44:45 Conclusion and Upcoming Interview Get full access to Old Men, New Money at oldmennewmoney.substack.com/subscribe (https://oldmennewmoney.substack.com/subscribe?utm_medium=podcast&utm_campaign=CTA_4)