Topic: Stonks

1 chapters across the catalog

63: We Are People 1
1:23:35 - 1:27:05

63: We Are People 1

WAP as Fiat Currency and the Rise of Stonks

The hosts propose that "WAP" is being transitioned from a commodity to a "fiat currency" that is not backed by traditional values. They compare the enforcement of this new cultural value to "cancel culture" and military intervention, citing Muammar Gaddafi's attempt to create a gold dinar as a historical parallel. The "stonks" mentality is used to describe how young women are encouraged to monetize their image for quick wealth.