The Parable of Peanut the Memecoin

花生加密货币的寓言

Planet Money

商务

2025-03-05

34 分钟
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单集简介 ...

Memecoins are having a moment. Everyone from Hawk Tuah to President Donald Trump to animal influencers like Moo Deng the pygmy hippo have been turned into cryptocurrency. But what are the costs of all the hype? On today's show — a modern parable. How an orphaned baby rodent became a world famous animal influencer, became a political martyr, and was finally transmuted into a billion dollar cryptocurrency. It's a tale about how a chance encounter can lead to fame and fortune. But also how all that can spin wildly out of control in this brave, new – kind of terrifying – attention economy we're all living in. This episode was hosted by Alexi Horowitz-Ghazi and Nic Neves. This episode was produced by James Sneed. It was edited by Jess Jiang. Fact-checked by Sierra Juarez. And engineered by Jimmy Keeley. Alex Goldmark is Planet Money's executive producer. Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter. Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts. Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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  • On the morning of October 30, 2024, Mark Longo was doing what he does most mornings.

  • He was at his animal sanctuary on a farm in upstate New York, feeding the several hundred horses and goats and pygmy donkeys he's rescued, many of which he and his wife have saved from the slaughterhouse.

  • So where were you when the raid began?

  • So I was at the end of the driveway in the beginning, that is.

  • When Mark saw something strange and menacing approaching the property.

  • A convoy of SUVs with New York State government decals on the door.

  • They're from an agency called the dec.

  • What does DEC stand for?

  • Department of Environmental Conservation.

  • One of these Department of Environmental Conservation officers gets out of the car and tells Mark they'd come to his farm in order to take somebody into custody.

  • And then he produced a search warrant.

  • But the warrant wasn't for Mark or his wife or any of the people on the farm.