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The two-week-old GOAT memecoin, which hit a market cap of almost $880 million on Thursday, is captivating everyone in crypto. Not because this is memecoin szn, but because its rise was fueled by an AI called Truth Terminal, which is itself a baby of two other AI models.
Teng Yan, founder of Chain of Thought, joins Unchained to break down how this unexpected AI creation has turned into a phenomenon, why it has captured the attention of the crypto world, and what the future holds for AI-driven tokens.
At the end, Laura also discusses with Unchained’s regulatory reporter Veronica Irwin two interesting and important news stories: who Kamala Harris is vetting for SEC chair and how one Senate race could inadvertently give Senator Elizabeth Warren more power over crypto.
Show highlights:
- How an AI experiment unexpectedly led to the creation of GOAT and sparked interest in AI-generated subcultures
- How "Terminal of Truth" evolved its own personality, gained attention from Marc Andreessen, and began posting about a new "Goat Sea gospel" religion
- How the spelling mistake sparked skepticism about the AI model
- What happened with the $50,000 in BTC that Marc Andreesseen gave to Truth Terminal
- Whether an AI can have its own wallet and what the implications are
- Whether AI memecoins could start surging on other chains
- What we can expect in terms of the proliferation of AI memecoins
- What the future looks like for the intersection of crypto and AI
- Who Kamala Harris is considering for SEC Chair if she wins the U.S. election
- Why one Senate race could give Elizabeth Warren more power over crypto
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
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Guest
- Teng Yan, Founder of Chain of Thought
- Teng’s article: GOAT: The Gospel of Goatse
Links
- Previous coverage of Unchained on GOAT:
- GOAT Hits a Record $879 Million Market Cap After Brian Armstrong Offers to Help Truth Terminal
- GOAT: How AI Agents Talking Turned Into a $268 Million Memecoin 'Religion'
- Infinite backrooms
- Andy : https://x.com/AndyAyrey
- Andy Ayrey's (creator of Truth Terminal) research paper on LLMtheism:
- Truth Terminal's X account
- Kaito: GOAT’s mindshare
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk.
