Is Charlie Shrem's new Digital Gold (DGD) Legit?

Show Notes

Recently, Bitcoin legend Charlie Shrem started promoting a new project called Digital Gold (DGD). It's a fork of Bitcoin that integrates BlackCoin Proof of Stake technology, with a 100% premine, a 5% allocation to the founders, no privacy, no smart contract features, no exchange listings, and no third party wallet support – at least not yet, as of Jan 15th 2025. Yet Digital Gold aspires to onboard millions of users and have a market cap that's on par with Bitcoin's. How can this happen and why would this project, out of all the altcoins out there, become the one to accomplish this feat?