The episode features a discussion about Bitclout, an addictive and lucrative social network that is taking the world by storm. The guest, Ryan Begelman, co-founder of the media company Summit and now an advisor to Bitclout, shares his insights into the platform and what makes it so compelling.
Big Cloud is a stock market for people where individuals like the founders of Creative Social Media can be invested in and bought using Bitcoin. It is still new and unfamiliar, but individuals can own a portion of someone's stock if they believe it will become increasingly more popular.
The speaker discusses speculations around a secretive startup and the potential for unethical behavior or hacking. However, they note that the founders have credible backgrounds in the tech scene.
A man invested $2000 into the app Sandpar on Big Cloud and made $5000-6000 overnight. They discuss a coin trading on the platform and its market cap, though the site was down at the time.