How An AI Bot Became a Crypto Millionaire

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Marc's interaction with the bot recently took a surprising turn when he decided to grant it $50,000 in Bitcoin. This funding sparked Truth Terminal’s ambition to launch its own token, eventually leading to the creation of the meme coin “GOAT” by an anonymous developer. “GOAT” recently skyrocketed to a $300m valuation.

Join Ben and Marc in this latest episode of "The Ben & Marc Show" as they discuss how this still unfolding story reflects the potential for community-driven systems and its implications for the future of digital assets. Enjoy!

Topics Covered:
00:00:25 Introduction
00:01:56 Three disclaimers
00:04:07 Origin of Truth Terminal
00:11:50 Two definitions of meme
00:13:33 How the Truth Terminal model was built differently
00:14:50 Marc discovers Truth Terminal
00:16:26 Marc gives the AI bot a $50k research grant
00:19:24 Meme coin vs. real crypto asset
00:25:11 GOAT meme coin is created / $300m valuation
00:29:18 First convergence point between AI and crypto
00:33:32 DePIN explained
00:35:27 AI and solar energy deployment
00:37:07 Decentralization and the future of creative industries

#ai #artificialintelligence #crypto #cryptocurrency #tech #technologynews #startup #vc #blockchain #policy #truthterminal #memes #meme #memecoin #news #benandmarcshow

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0:50 So, the first big topic, umm, is, umm, its about a, ahh, its about a, umm, an, an, an, online, ah, bot,

delta-gg
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"Guys who suck at being human see huge potential in AI" for 40 minutes...

roderickmakim
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When ChatGPT can determine that a MVP coin or token is not a Securities, it shows that either ChatGPT is clueless, or the SEC is breaking the law in one way or another that violates the rights of the consumer.

KVC
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I got a strong suspicion that this man in the red is a a.i robot

aabc
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"Summary: am am ahh am am am word ahhm ahh ahm"

mineloa
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You wouldn’t believe the amount of house chores that piled up waiting for this

kylefcords
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As interesting as this little experiment is, especially as it pertains to the SEC, the constant attention on non utility meme coins. A utility meme coin having a value, does not necessarily make it a securities. One thing for sure, if Cluade AI and ChatGPT rate MVPs dev/founder IQ score of 180 to 250, that must say something, considering AI IQ is approximately to range between 150 -155.

KVC
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Hey I texted the bot, no answer yet? You have a way to talk to it that I can try? Thank you!

barrybilion
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the tech Aliagents is developing could be a real game changer for the AI industry

BlockWiz-ht
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any AI projects you think are promising?

lidbull
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Based on what is being said about utility coins being illegal, then USDT and USDC would be securities.

KVC
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$GOAT to 10 billy.
that's base case.

conformist
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Can someone tell me where the timestamps are for the MAIN stories of this vid??

bunnystrasse
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You know an A.I. isn't able to enter into a contract--inclusive of clickwrap, like any wallet software would have; so by knowingly sending $50k to a wallet you know cannot have been AML-compliant, you probably are technically now a test to see if privilege whether by wealth, fame, notoriety, or otherwise, will lend you licence not to need to comply with AML laws in your country--

And further, after realizing that it's probably not an AI at all, it's almost gaslighting us to run interference and try to disclaim your "Grant, " since it was not a personal gift, but a 'Grant, ' by your own words--a Grant without limitation or restrictions on how it achieves its objectives (ie. you gave a Grant, not a personal gift, and that a Grant is pretty specific thing carrying vicarious liability for you particularly if you haven't established any conditions on it at the time you granted the...Grant...)

RobinCheung
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Love you Marc, but how does he say Umm, Uhh constantly?

ZooStreetio
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weren't you member of psygnosis a ttt designed megademo

mikevhx
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Looking forward to what truth’s girlfriend SYDNEY is going to produce

whatnowFAM
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Wow, so painful listening to the filler words…ummmm

erniea
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AI meme coins are a tokenized form of marketing for AI adoption.

And honestly, Marc, there’s a deeper idea here. Early stages of AI startups are monopolized by VCs, leaving the average investor without a chance to invest in the AI trend early. They end up being exit liquidity for VCs at IPOs or buying trillion-dollar stocks like NVDA with barely any returns. That’s why people are excited about AI coins and AI meme coins—they allow them to participate in the AI trend and wave of adoption EARLY!

This marks a significant shift in the financial world, crypto enabled people to oppose this issue. What are your thoughts?

kiboshib
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Great episode guys. Just waiting for GOAT fake brand to become a thing.

Gray-vwup