In this slightly off-topic episode, we discuss the recent headlines regarding Wall Street shorts, r/wallstreetbets, and the Gamestop ($GME) fiasco. While we don't cover much related to Bitcoin in this one, we thought listeners might be interested to learn the basics of what the hell is going on. What a time to be alive...
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0:36 - The Headlines: Gamestop, Shorts, and Reddit
1:50 - What is "shorting" the market?
6:30 - What is Gamestop? (+ hedge funds)
10:35 - What does Reddit have to do with it?
13:30 - What's a short squeeze?
16:15 - The Fallout: Robinhood, David vs Goliath (vs... Other Goliath?)
22:10 - What this means for the future (and the Davids)
Resources: