Follow the Money: The Memecoin Economy
About this episode
The episode explores the memecoin economy, highlighting the risks and rewards of investing in cryptocurrencies.
Search for "memecoin" on social media and you'll find plenty of videos offering advice on how to invest and grow your money, with some claiming they can help you make a million. But you don't have to look far to find people who have lost money, and lots of it. So where does the money actually go? Sam Fenwick explores the cryptocurrency phenomenon that almost anyone can launch, including presidents. Presenter: Sam Fenwick Producers: Matt Lines and Gideon Long You can email the team: businessdaily@bbc.co.uk (Picture: A representation of cryptocurrency dogecoin is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022. Credit: Reuters/Dado Ruvic/Illustration/File Photo)
People in this episode
Host: Sam Fenwick
Topics covered
- memecoin
- cryptocurrency
- investment
- financial loss
- social media
- economic phenomenon
Keywords
- memecoin
- cryptocurrency
- investment advice
- financial loss
- social media trends
- dogecoin
Mentioned in this episode
Organizations: BBC World Service
Products: memecoin, dogecoin
Places: U.S.
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