as these continues to flash, i'm christy i in today or diving deep into the world of main points from their meteoric rise to the controversy surrounding their legitimacy. the, the main point market cap stands at around $60000000000.00 out of the total crypto market cap. a $2.00 trillion dollars, which is a significant amount. a mean point is a term to refer to accept the currency class that has based on internet means most are supported by followers and are generally intended to be lighthearted and fun. while they are entertaining to some, they're highly risky investments and many hold little or even know intrinsic value . some famous ones, of course, include those coins. she but you knew bulk pets, a bunch loki baby, those dog with hats, etc. but while you may have heard of those famous ones,

there are more than 1300 other main points you probably have never heard of. most of these coins are not actively traded and are effectively worthless despite having once raise several $1000000.00 at the time of the project launch to summon media characterize main points as an elaborate pump and dump scheme. when in reality name coins often start off as a joke that quickly spirals into a snowball effect as users and followers jump on board. the main reason why main points have gain popularity is due to their humor, streak related to internet means. these mean coins are designed to go viral and are often heavily promoted on social media platforms, creating hype around the new project. once it gets popular and spikes and value, retail investors then jump on board and further boost the coin. additionally, mean coins are community driven and gain popularity overnight due to the online community is doors, mens and fomo mean clients frequently create

a sense of urgency and excitement causing fomo about missing out on prophets. people are compelled to invest because they're afraid of being left out or they want to be in on the joke. mean coins can also be linked to social proof or people being influenced by the actions of others as well as a sense of community which fosters a supportive environment for many investors. and one of the main drivers of a main point is internet culture. platforms like read it to score twitter and take talk, serve as catalyst for their vital marketing campaigns. and allow means to connect with a range of diverse users. humor can also foster innovation and novelty in the cut, the space, while also reducing the risk and seriousness of investing in an asset class as vala tile and speculative as mean criptos. viral marketing and emotional connections associated with main course can also influence investor behavior. and so by creating legitimate projects with benchmarks, goals, marketing,

and doing more work, main coins are actually putting themselves in the cross hairs of the fcc does. it is sometimes better to remain just in internet joke. and now today we welcome hon. g despond. professor of economics at nichols college. now, professor, what is the purpose behind mean claims and why did people choose to invest them? them was very interesting question and i'll start out with with saying that they can be very volatile and, and risky. having said that, as a college professor, i deal with a lot of young people, obviously on a regular basis. and for many years the students have been telling me, you know, to invest in crypto, which i have not because i don't trust it. had i done that several years ago, i would have made a fortune, or um, you know, the, the main coins now also there's,

there's hundreds of them now, but the ones that have done very well, you can do very, very well on. so people are investing these things i think primarily because um, because of the price of these online, you can re sell and make money. it's, i think it's that simple. now the question is whether or not there's some value behind a, you know, the, the price of them going up of your younger than me. but when you know, quite some time ago, there was what was called the beanie babies, which was a little stuffed animals. there was no extra value except for they were made scares by the company that produced these beanie babies. and you could literally purchase them, the price would go up and you could treat that as an investment. now at some point in time. so if i have the dates, right, i think 1990. so if i'm not the web,

the kind of fell on a fad, people must have had to add it, add it folds of a beanie babies that are now worth $0.75 rather than, you know, quite literally thousands of dollars in some instances. so these mean coins are, are a little bit like that, the value keeps going up until they don't. the difference between them in beanie babies is the potential that they can turn into a currency and understanding what money is and what a currency is, gives them their potential. now, how optimistic anybody is that they'll turn into that is, is a different question. what is the audience that name coins typically target? i think the primary demographic would be young to middle aged males. is, is what i think is, is kind of the, the primary audience that you're trying to target. so, you know, the level of the hype, of them comes from uh, social media and celebrities. so,

you know, it's typically the folks that will, you know, like one musk or something like this will be people that are following, we need want musk. so if you know that demographic falling, meanwhile musk obviously across as gender, it crosses race. but primarily probably that demographic from you know, 18 to 45 year old males. this is what i would say is, is the main target. but they want to generalize that. i think that these, the are the creators of these medium coins and crypto, you know, don't want to reduce it to that. but because the main point is more of a fad phenomenon at the moment, dose coined uh the, the, the largest largest market cap. and the 1st one created a started as a joke, you know, which is a very curious thing. and then it took off. and so what these creators of these

main coins are, are trying to do was, is create that next phenomena and you know, and they have primarily done it with, you know, the, the little staff they put on it. and that becomes very, very curious, because if we, if we start thinking about what money is in, in the very inception of crypto bit bit coined itself. but money is, you know, any money one a one class. so i guess there's probably no such thing. but even in the e con one, a one or i'm money, i'm banking higher level. of course when you go over what money is you start with the functions of money. and there's 4 functions of their a measure of value, a medium, medium of exchange. so the medium of exchange just means that it allows things to be exchanged. one thing for another, overcoming the double coincidence of wants of somebody having to check and then

somebody else wanting, you know, whatever particular, you know, a book. and then as a, as a measure of value, your, your, your monetary unit, you want to be able to compare all commodities and goods in terms of that unit. so again, currency does that mean in the remarkably nice way. i say, well, what's the comparison of a book and a check and just tell me what the price is and you, you've, you've got that, that measure value. and then there's 2 derivative functions of money that become extremely important. and this is primarily what's driving the mean right now. one of them that is which is a store value. so as a store of value that, that money needs you, you need to be able to keep it. and hopefully the value will go up, or at least not go down very, very quickly. so this is why we don't like inflation because that makes the value of the money go down. so it's got a function as a store, a value. mean money is

a functioning that way because the price of it keeps going up in this remarkably wonderful way. so it's the store value that's primarily motivating it. and then deferred payment, which turns it into to credit. so that's, that's one thing to, to, to keep in mind as we start talking about the potential. the other thing that i like to emphasize is that money emerges with a, that necessarily emerges because of a social distrust. and this is really important, especially when it comes to crypto and mean coins, because the, the anthropology economists got this wrong, they thought, oh, markets extended and then money use extended. now actually, money has always existed in very, very sophisticated ways. most the economies throughout human history have monetary systems, but they're monetary systems of,

of mine and ethics. so if we say, you know, i'll trade you for this, you, you hand that over and you'll just keep in mind. i gave you a check in. and then when i come to you and i say i would like something you, you keep in mind that checking, okay, so as a courtesy, we'll quantify that. but if we have trust like today with families or neighbors or something like that, you can just keep that monetary system in your mind and that accounting systems, they're so sophisticated version of money, although we call it, you know, antiquated, rolled, it actually is, it is a very important version now, so where do you see currency if that's the primary way throughout human history, the people would trade things through kind of a cognitive monetary process where we find money now it's everywhere but, but the vast majority of people would have never, you know, seen a coined level one,

let alone employed the use of money. we see him at ports of an early history, you know, from, you know, a $280.00 total, about $1580.00. the primary place would be ports. the reason why you need money is because not only do you, you're dealing with a stranger and you may not see the stranger for very long time. you may never see them again. so now you need something that you can exchange that has the store value and then this is where you see the gold coins begin to emerge, emerge as a, as a phenomenon to be traded in and so on, so forth. when you're given a coin, you want to know that it's value. that is say its weight is real. and so if it had the, the, the stamp of the king on it or the emperor or whatever the case may be, you have more faith than that coined. and especially if it's not gold, right? if it's not a metallic, you know it's, it's just, you know, something,

as long as you have the stamp of the king, you know, the value of that thing is more stable. okay? so that's so, so that, that stamp means something. and as we've already said in the means, more just kind of a joke, but at the same time it's the stamp that these mean creators are hoping will create that fact. thank you so much, professor hans. but please stick around. the professor hobbs will be right with us here after the break. and when we come back, mean close appeal extend beyond just to young head start investors. well explained everything, so don't go away the

acceptance and i'm going to plan with you whatever you do. do not watch my new show . seriously. why watch something that's so different opinions that he won't get anywhere else. welcome to please or do you have the state department c i a weapons, bankers, multi 1000000000 dollar corporations. choose your fax for you. go ahead. i changed and whatever you do, don't marshall state main street because i'm probably going to make you uncomfortable. my show is called stretching time. but again, it's not. we don't want to watch it because it might just change the way in 6. on march the 22nd 1943. during the great pantry, i'll take the shirts and munch fatality in 118. run down the battle, receiving village of cutting rod issue, but the person, if i did the new wish in las vegas, yes or no. this one,

most of the rooms to 40 you to you. $149.00 people died, including $75.00 children of age was practically wiped off the face of the law. new blue loves are a little bit live, arching kind of charlie was, you know, noisy and will you put as follows? oh, shoot. was hard really, i really usually don't you feeling, you know, so the infamous battalion responsible for the atrocity included over $100.00 ukrainian national is from west to new. right. because of the picture. all right, let's get them see what you guys as far as the new e phone. that's a lot of those to you just for assuming you're up. assume um i'm with them. us costs de classified criminal cases from the central archive of the k g. b, a better rules shed light on the atrocity announced

a numerous questions that have remained an onset for many years. watch on tv. the, the, the main coins with their catchy branding and name, inspire themes, tap into the culture of like guys, and appealed to a younger demographic of investors. however,

their appeal extends beyond mere entertainment. they offer a gateway to the world of crypto currency for many new commerce, driving adoption and market growth. main point started after means stocks like gain stopped, took off, and the community sold their prices pumped by as much as a 100 fold and a few months. retail investors caught fomo and started buying mean coins in the hopes of becoming overnight. millionaires sparking the main clean revolution. retail investors, especially the younger ones, find main point attractive because they typically only costs a few cents or even a fraction of a cent. does the don't need to invest much and everyone can participate in the hopes that it will rally thousands of percentages and gain a significant profit to well big when an east has economic use cases mean coins do not possess any real economic use other than trading, which is largely determined by how by role they've gone when eli and mosque and mark cuban provided those coin is value skyrocketed. but once the high died down,

it fell just as quickly. so now there are a slew of beam coins coming out that have some sort of value. one example is pop the area which uses a small tax on each transaction to help and will cherries blokey, you know, as another one that provides a metal verse game, an f t marketplace and a crypto education platform. but the ironic thing is that mean coins going legit is actually the worst thing for me and coins today there is not only a lot less but real institutions like avalanche foundation and franklin templeton, willing to say that main points are a legitimate use of block chain technology mean coined projects traditionally have no underlying value and worksheet to create and spin up. but today, creators are investing time and money into making their products stand out, building an entire eco system, the trends rise, swap, and even n s p is to go with their mean point. but now by advertising these projects,

it makes it more likely for court to find the investment to be a security. because marketing is a factor in the application of how we test. many of these mean coins are also led by team rather than being community driven, which would also classified as a security where a team is actively working to increase as value. mean coins operate in a largely unregulated space, raising concerns about investor protection, market manipulation and financial stability. the regulatory agencies worldwide are grappling with how to address the risks posed by main coins, including fraudulent schemes, pump and dumb schemes, and the lack of transparency and project governance. 8 by creating legitimate projects with benchmarks, goals, marketing, and doing more work, main coins are actually putting themselves in the cross hairs of the fcc. thus, it's sometimes better to just remain an internet joke. so for this and more,

let's bring it again professor hans dispatch. now, professor, what are the long term goals or aspirations, the main point project, and how do they aim to sustain their relevance and appeal and the crypto ecosystem? well, i think the, the most main points and even even the criptos i, i, you know, i've, i've given up on the crypto is a really, you know, trying to figure this out. i'm not sure why they have been to that because these were real anti monetary authority, zealous celts and, and i would have thought they would stay committed. but i'm not exactly sure why they've kind of abandoned that. um, it seems to me maybe they haven't and, and i'd be happy for somebody, send me an email and explain that they haven't to, you know, that i would stand corrected but, but it's, it hasn't manifest yet, you know? and so that technology is there. what we need to also be aware of our states are on

top of this central banks or on top of this. they want to tap into this technology . and they also want to control this technology. because once again it's, it's hard to keep finance here. it's very, very rich if they lose control of the monetary unit and how do investors perceive mean coins in terms of risk and reward compared to say more establish crypt, those like bitcoin or syria, the people that are into the main points in trading. the n f t's, you know, uh when they had a decent merge up i, i could not process why you would buy this picture. and i remember this, this, this young man is names dan, i won't share any more of his name. i don't think he would mind at all, but boy, he got so angry at me because he's he, he then we laughed about it, you know, later, but he was angry because he didn't think that i could understand. these are scarce,

there's only a 1000 of them that exist in the entire world. but i can recreate it on my computer today, but it doesn't have the stand up. it doesn't have the, you know, the, the end of the special code, you know, and so he's absolutely convinced that this is literally, it was a picture of a dog. you know, this cartoon drawing. there's only a 1000 of them and you know, he didn't spend very much on it but the, but he thought he was going to be a millionaire because this thing that keeps selling like a beanie babies. so i think that most of the buyers are not sophisticated with what's going to give this thing value and make them a lot of money. they're just hoping that there's turns into a fad the, you know, now at the same time, there's so much garbage on the internet of why this mean where that mean is going to replace the american dollar. you know, so you can find confirming, you know, the statements by random people on the internet of,

of whatever mean you're interested in confirming that's going to be, you know, successful. and that encourages these young people to, you know, to buy into it. and now what impact do mean coins have on the broader crypto cards, the eco system, including market sentiment, investor behavior, and regulatory scrutiny? yeah. they're, they're still doors. great. and still, the market cap is, is still significantly below the, you know, the, the, the leading, i don't know, 6 or 7 rates. i mean there's, it's a big drop off. but i do, and i, you know, i, i should be more careful. i'm predicting these things, but i do think a main point is going to surpass the market uh, valuation of, of, of the criptos. i think the crypt, those let the ship sail by just allowing it to sort of turn into a beanie baby phenomenal. and where the price of the thing just keeps going up and

they haven't turned it into something that you actually used to purchase goods. you not to turn it into something that purchases ordinary retail goods by the ordinary american. and then you're going to be on to something our main points seen as a positive or negative force within the accepted currency community. and do they contribute to innovation and grow? or do they actually pose a risk? no, it's the establish criptos, right? uh, see it as a, a, a, you know, parasite. um the, the, the creators of means i think see it as a way to attack the power of the criptos themselves and their own shortcomings. and i agree with the main point of contingent, i think the potential is there, you know, and uh, you know, and, you know, you, you could create it. the really, the only difference is, is how you're using that social media in, in your, your,

your little gimmicks. you know, to sell it, that's really the difference between these things. otherwise, you're just using the technology to block trends that are behind it. you know, so, um, but, you know, definitely, uh, just, just as their, you know, as capitalism emerges with the boost was the right the, the new rich. that's all that, that french term means in the futile rich. right? they're just 1st people, they're both just rich people, but they make a clear, absolutely unambiguous distinction between the new rich and the old rich, you know, in the, in the 1617 century. and i think the main coins in the crypt or something like that . and in much like the boost was the one out over the futile, i think the main point somebody is going to create a fad that is going to be used as, as a real currency. that that's what i would predict. thank you so much, professor for all your time today. for every trade, there's a winner and there's

a loser. the online forms are filled people who had made millions on mean coins and others who lost everything. when the prize plummeted and they were left holding the back, many investors are posting that they are so bothered by these mean coins. as people are 100 times more than other well research projects and coins this year alone, dog we've had is the big stand out. we're in january the coin was worth a mere $0.10 to today. it is trading out around $3.00. that is $830.00 times return, where if you put in $5000.00 in january and less than half a year, you would have a $150000.00. the returns are us down to. but so are the losses. pet bay was one of the worst boom bus coins were at the hive. it was worth point 0001 cents. and today it is worth about point 000007 cents. which

means that your $5000.00 would be worth nearly $350.00 today. i'm christy. i been a pleasure. thanks for watching. the cost of everything, the in the, by the middle of the 19th century, practically the whole of india had been under the rule of the british and by the colonial authorities at

a post that heavy depth bringing the people into poverty exporting natural resources. and moreover, these authorities absolutely had no consideration for the physicians of the local population, treating them like 2nd class citizens. the british were showing signs of disrespect even to those and cooperated with them. the facts of ignoring the religious beliefs of the hindus led to them you may have as the voice, mercenary soldiers serving under the british ground. 3000000000 began on the 10th of may 1857 in the garrison town of may river, north of india in the form of abuse. the rebels quickly took over daily that he rode. the resistance of the indian people lasted for one and a half years. however, the forces were not equal. the colonial authorities dealt with the rebels, cruel, late fee and slaves. the boys were tied to the mouth of the cannon and were shot right through their bodies for the amusement of the public. this type of execution was called the devil's with the obliteration of them,

you may result the death of 800000 inhabitants of india. however, the british empire never broke the free spirit of the indians and their will for research. oh, what else seemed wrong? just don't you have to shape house because of the advocates and engagement because the trails when so many find themselves will support, we choose to look so common ground the in the late 18 ninety's french soldiers led by general to boot. i arrived in asia with the goal of expanding french control in west africa to the territory of more than shot, no one or 3 to come on sunday. i mean,

you stuck up some new shows all the cars do and just shown the list to the content of who they on the east one of the most horrific campaigns of a trustees to have ever taken place in the history of the continent. liability getting hold of somebody. i know the question that you download the glass you followed there. do so they put the actual most likely multiple villages with devastated a numerous members of resistance groups with the headed home for us to get the young investigator in search of his own identity inbox on a journey through africa. peach races general with eyes, blood drenched groups in an effort to establish how your legacy still echoes throughout the confidence. so my name is penny, and i come from england and i've come really to find out more about the position of

willie and the history in the region the i don't want going to be able to sanchez, this is direct impact. and this is what we're going to be talking about. but if i knew what your view was, this is the largest, like what would the believe that that's a scene from ukraine. one that's repeated more and more with people being just taking off the streets and forced to go into the army by agents. i'm rick sanchez, get ready for a direct impact the the, you know, it's kind of amazing right now to think of what's happening in ukraine. right. that, that, that the vast majority of americans simply.