Chapter

A Once Idealistic Entrepreneur Turned into a Cryptocurrency Scammer
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28:46 - 34:24 (05:37)

A young entrepreneur, Dokhwan, went from an idealistic guy to an egomaniac as he promised a high interest rate for anyone who deposited their stable coins while disregarding any criticism towards his plan.

Clips
The podcast discusses the ups and downs of savings accounts for stable coins and how it affects the crypto community's behavior.
28:46 - 30:01 (01:14)
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Crypto Savings Accounts
Summary

The podcast discusses the ups and downs of savings accounts for stable coins and how it affects the crypto community's behavior.

Chapter
A Once Idealistic Entrepreneur Turned into a Cryptocurrency Scammer
Episode
"The Real Life Ted Lasso," Martin Shkreli, Liver King, and Other Cult Leaders
Podcast
My First Million
Podcast hosts discuss the concept of creating currency and how it is done by countries and even the show "It's Always Sunny" with their fictional currency.
30:01 - 30:28 (00:27)
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Currency
Summary

Podcast hosts discuss the concept of creating currency and how it is done by countries and even the show "It's Always Sunny" with their fictional currency.

Chapter
A Once Idealistic Entrepreneur Turned into a Cryptocurrency Scammer
Episode
"The Real Life Ted Lasso," Martin Shkreli, Liver King, and Other Cult Leaders
Podcast
My First Million
In this episode, the speaker discusses the unsustainable growth of fintech companies as an example of the digitization of the economy, which is often mistaken as being efficient.
30:28 - 31:57 (01:28)
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Fintech
Summary

In this episode, the speaker discusses the unsustainable growth of fintech companies as an example of the digitization of the economy, which is often mistaken as being efficient.

Chapter
A Once Idealistic Entrepreneur Turned into a Cryptocurrency Scammer
Episode
"The Real Life Ted Lasso," Martin Shkreli, Liver King, and Other Cult Leaders
Podcast
My First Million
Stable coins like USC may experience a death spiral if their demand falls, causing the price of other cryptocurrencies, such as Luna, to plummet, and ultimately causing a loss of confidence in the entire project.
31:57 - 32:55 (00:57)
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Stablecoins
Summary

Stable coins like USC may experience a death spiral if their demand falls, causing the price of other cryptocurrencies, such as Luna, to plummet, and ultimately causing a loss of confidence in the entire project. Dokhwan, the founder of the stable coin, was once seen as a change-the-world type of person but has come across as an egomaniac, according to reports.

Chapter
A Once Idealistic Entrepreneur Turned into a Cryptocurrency Scammer
Episode
"The Real Life Ted Lasso," Martin Shkreli, Liver King, and Other Cult Leaders
Podcast
My First Million
In this podcast, the speaker talks about the Twitter feud between two individuals where one laid out a 15 step plan and even threatened to "shit" on the other person.
32:55 - 34:24 (01:28)
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Twitter
Summary

In this podcast, the speaker talks about the Twitter feud between two individuals where one laid out a 15 step plan and even threatened to "shit" on the other person.

Chapter
A Once Idealistic Entrepreneur Turned into a Cryptocurrency Scammer
Episode
"The Real Life Ted Lasso," Martin Shkreli, Liver King, and Other Cult Leaders
Podcast
My First Million