Episode 171 of our week-daily virtual coffee, which takes place in Konktown’s discord server and Clubhouse’s Startup Club from 8-9am EST. It’s free and open to anyone from anywhere in the world.

On Marketing Monday, we discussed Gamestop 2.0 or rather the $GME Meme Coin’s introduction and volatile journey so far. Will this finally be “an idea whose time has come” to quote Victor Hugo or a strikeout for community and a third victory for the Dr Evil of our time, Citadel’s Ken Griffin 

Some of the key highlights from today’s show related to $GME/Gamestop included:

• A discussion of the original Gamestop stock surge and the controversy around Robinhood restricting trading
• My perspectives on the potential for the $GME coin to succeed due to factors like community support, meme culture, and media attention from being a “Gamestop 2.0”
• The risks the $GME coin faces from a lack of fundamentals, high volatility in the crypto market, and regulatory uncertainty
• My view that the positives for the $GME coin can be built upon while the negatives may be mitigated or dealt with

Show notes based on our discussion (as per Otter.ai’s beta tool):

Business, entrepreneurship, and collaboration in a virtual coffee shop. (0:04)

Virtual coffee experience and content creation. (1:44)

Gamestop saga, market manipulation, and NFTs. (5:58)

Stock market and history of Constitution auction. (11:29)

Wealth distribution and employee pay in a capitalist society. (16:48)

Tokenization, loyalty, and meme coins. (21:51)

GME meme coin’s potential for success and failure. (25:55)

Meme coin GME’s potential for success. (32:14)

The potential success and failure of a meme cryptocurrency. (36:40)

Crypto volatility, fundamentals, and regulatory risks. (42:56)

GME coin’s potential success factors and challenges. (47:51)

GME meme coin’s potential and risks. (53:37)

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