Valuetainment
Valuetainment
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Meme Coins Are Dangerous And Most Americans Will Lose Money On Them

Posted

July 1, 2026

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Patrick Bet-David calls meme coins ethically dangerous, arguing they lose Americans huge amounts of money and are widely associated with scams and rug pulls. He says NFTs and meme coins feel like pure speculation and warns that Trump’s own coin fits that risky pattern.

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Valuetainment is the leading source for content on entrepreneurship, capitalism, and leadership. Founded by Patrick Bet-David, CEO, author, father, and host of the PBD Podcast. We deliver engaging conversations and debates on politics, business, current events, and pop culture, including interviews with today’s most influential leaders. Our mission is to enlighten, entertain, and educate current and future leaders around the world. The future looks bright!

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