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Bitcoin Takeover Podcast

S10 E3: Christian Moss, Shaban Shaame & Koji Higashi on Legendary Bitcoin NFTs

125 min • 8 januari 2022
If you spend more than 10 minutes in the Bitcoin Counterparty NFT realm, you're gonna hear about Spells of Genesis, Rare Pepes & SaruTobi. Well, this episode's guests are the OGs who created them & envisioned using blockchain assets as video game items. Christian Moss, Shaban Shaame, and Koji Higashi (enumerated in order of appearance) talk about creating some of the first NFT series on Counterparty and pioneering video game assets before Ubisoft, Square Enix and Konami made it cool. This episode is sponsored by Vaultoro (the place where you buy gold with bitcoin), Wasabi wallet (the best desktop privacy wallet) and Bitcoin Reserve (the exchange were Europeans buy their BTC). Time stamps: 00:00 – Introductions 11:33 – Spells of Genesis cards have always had monetary value 12:44 – How Christian lost the Nakamoto Card to Shaban 18:18 – Rare Pepes used to be considered expensive at $10 20:20 – The rising Bitcoin fees have stalled Counterparty NFT expansion 22:15 – Why Spells of Genesis stayed on Bitcoin 24:55 – Why Counterparty is different from ICO protocols and chains, but still got attacked and received hate from the Bitcoin community 28:30 – Pieter Wuille’s criticism of Counterparty 31:00 – Counterparty used to have the best wallets and user interfaces 34:08 – What changed about Counterparty when Ethereum’s ERC20 tokens launched? 36:26 – Spells of Genesis and Rare Pepes depict moments from Bitcoin history 41:20 – The Bitcoin blockchain only stores tokens and their related data, not jpegs or gifs 44:00 – NFTs vs ICOs (nobody ever collected ICOs) 49:30 – Counterparty assets need to be high-value 52:56 – Not your node, not your NFTs 59:30 – Will NFT valuation crash? 01:07:15 – Views on FakeRares 01:15:28 – What makes an NFT valuable? 01:18:30 – Computer-generated NFTs aren’t very interesting 01:20:30 – Jordan Peterson, frogs, and Pepes 01:21:20 – Why Rare Pepes failed on Ethereum 01:22:20 – NFTs used to be called just “tokens” 01:23:30 – Rare Pepes reflect a lot of our pop culture 01:25:15 – Satoshi’s Games minting NFTs on Liquid 01:28:00 – RGB on Lightning? 01:36:30 – Are you really spamming the Bitcoin network if you’re paying your fair fee? 01:42:10 – Royalties for your NFTs 01:48:46 – NFTs in video games 01:53:20 – Video gamers hate NFTs because they boil the oceans
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