The Chopping Block: FOMO's Co-Founder Defends the Memecoin Trenches, Hunter Biden's $LAPTOP, and AMC vs Robinhood

FOMO co-founder Paul Erlanger joins Haseeb, Tom, and Tarun to answer last week's unc takes on memecoins: why a fully transparent social graph beats copy trading, how FOMO became the biggest app on Robinhood Chain, Hunter Biden's LAPTOP token, the three-way launchpad war, AMC's fight with Robinhood over tokenized stock, and the AI race to solve Navier-Stokes.

Welcome to The Chopping Block, where crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra are joined by FOMO co-founder Paul Erlanger to chop it up about the latest in crypto.

After getting dunked on as uncs for last week's memecoin takes, the crew brings on the founder at the center of it. Paul lays out FOMO's case for a fully transparent trading social graph, Tarun reports back from a holiday weekend in the trenches, and Haseeb holds the line on where memecoin trading actually destroys value. Then: Hunter Biden's $LAPTOP token, the Pons versus Stonk.fun versus Pump launchpad war, AMC's CEO versus Robinhood's tokenized stocks, and the OpenAI versus Anthropic fight over who solved Navier-Stokes.

Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.

Show highlights

🔹 Paul explains why FOMO refuses to build copy trading and bets on full transparency instead: trade well and the feed follows you.

🔹 Tarun spent his holiday weekend trenching, finished up a respectable 10 percent thanks to Hunter Biden copycat coins, and says it felt more like a video game than trading.

🔹 FOMO had 94,000 active wallets on Robinhood Chain, three times the next largest app, and its users no longer know which chain they are on.

🔹 Haseeb draws the line: buying Doge is harmless, but the memecoin production function is where retail reliably loses money.

🔹 Paul and Haseeb converge on churn: an app that lets customers incinerate themselves flames out fast, so FOMO rewards holding and theses over launching.

🔹 Hunter Biden's LAPTOP token launches on Base with airdrops to Trump token losers and a scraped Channel 5 subscriber list.

🔹 Pons, Stonk.fun, and Pump fight over launchpad revenue while Paul stays agnostic and pitches Team Tags as the highest-intent distribution channel ever built.