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