Rumi
Appearances
Planet Money
The Parable of Peanut the Memecoin
In the real world, I am a real estate agent, but in the meme coin world, I identify as Rumi.
Planet Money
The Parable of Peanut the Memecoin
I got in pretty much when it was created and I threw some dust at it.
Planet Money
The Parable of Peanut the Memecoin
And it was going so fast, it took me like three attempts to buy into it.
Planet Money
The Parable of Peanut the Memecoin
Most of these people are just getting involved in these projects to make money for the dream of making generational wealth and walking away from your 9 to 5 and never looking back, right? It's the world's biggest Ponzi scheme. Let's not get it twisted because whoever buys first makes money off of whoever buys next, right? And it goes up and up and up from there.
Planet Money
The Parable of Peanut the Memecoin
The energy of it was already used up, and that's the thing. It's all an attention economy. People moved on, and it's sad, but that works for everything that creates an uproar. It lasts for a week, two weeks, and people are already in peanut. They're not going to go to justice, right? Peanut was the thing that represented justice for peanut.