What Next: TBD | Tech, power, and the future · December 21, 2025 · 31 min

We Made a Memecoin | 2025 in Review

All this week, What Next and What Next: TBD are re-airing some of our favorite conversations from throughout the year and checking back with the people in those conversations to see how things have – or haven’t – changed. This episode originally aired in March. Memecoins are a niche type of cryptocurrency with no intrinsic value. But they remain a popular form of crypto, as seen earlier this year with President Trump’s own memecoin. And if it worked for him, then why not our little podcast? Guests: Azeem Khan , advisor to UNICEF’s crypto fund and cocreator of the blockchain Morph. Nitish Pahwa , Slate staff writer covering business and tech. If you want to support more of this reporting, in 2026 and beyond, consider signing up for Slate Plus. You’ll enjoy ad-free listening across the Slate network, early access to tickets for live events, and you’ll never hit the paywall on the site. We’re on a mission to get 100 people to join Slate Plus before the new year—and we’re even offering a 50-percent-off deal to folks who join us right now. Visit Slate.com/whatnextplus and use the code WHATNEXT50 to get a year of Slate Plus for $59. Need to set up your Slate Plus feed? If you subscribed through Slate.com, check out our FAQ at slate.com/podcastfaqs for easy instructions. Members subscribed via Apple Podcasts get automatic access—no setup required. Hosted on Acast. See acast.com/privacy for more information.