The Breakdown With NLW Episode

Is This the End of the Reddit Retail Investor Dream?

As GME plummets and traditional financial media turns its attention elsewhere, where does the retail trading insurgency go from here?

Listen or watch all the new CoinDesk podcast episodes wherever you want.
Cast BoxiHeartiTunesPocket CastsRSSRadio PublicSpotify

ABOUT

[@portabletext/react] Unknown block type "iframe", specify a component for it in the `components.types` prop

As GME plummets and traditional financial media turns its attention elsewhere, where does the retail trading insurgency go from here?

This episode is sponsored by Nexo.io.

Download this episode

WallStreetBets is having a rough day. Its stocks are crashing. Champions from as recently as last week are selling out. More brokerage apps are turning off buying.

In this episode, NLW explores what it means for this set of assets and the larger shift in power from institutional to retail investors.

He argues, ultimately, that over the last year retail traders of the type led by WSB have established themselves as too powerful a force for the market to simply turn away from now.

See also: Have the Hedge Funds Infiltrated Reddit’s WallStreetBets?

Image credit: Brent Lewin/Bloomberg via Getty Images

Intro song credit: https://www.reddit.com/r/wallstreetbets/comments/l0dfrp/the_tendieman_lyrics_and_video_by_uquigonshin

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore