Caducus

BAYC, Hirst - The Currency, CoolCats

[Caducus @Caducusx]

@VitalikButerin @ezraklein

[Caducus @Caducusx]

@VitalikButerin This was basically Ezra Klein’s take on his latest podcast and NYT op-Ed. Worth checking out. He’s got some solid point.

[Caducus @Caducusx]

@Debussy100 I’m 39 (soon to be 40) and class of 2000. Those class numbers don’t line up.

[Caducus @Caducusx]

@balajis Caducus.eth

[Caducus @Caducusx]

@PartyRound Caducus.eth

[Caducus @Caducusx]

@CryptoCobain On that note it’s weird that the gen 0 crypto kitties are so undervalued

[Allan @niemerg]

It’s not a currency unless it comes from the Currensaié region of France, everything else is just sparkling medium of exchange

[Caducus @Caducusx]

@kevwuzy Damien hirst backgrounds too

[Caducus @Caducusx]

@NoKapRich Buy it back.

[Caducus @Caducusx]

@Debussy100 Any thoughts about nfts tied to meat space art from established artists? Tom Sachs rockets and Damien hirts dots? Those feel blue chip to me. Not punk blue chip, but pretty strong

[Caducus @Caducusx]

@naval https://t.co/Wi7Xx6WYXv

Opportunity for another type of avatar flex

[Balaji @balajis]

You could mint provable NFTs based on order-of-magnitude holdings of BTC. And use them to set up the 1, 10, 100, 1k, and 10k BTC clubs, for example: must hold this much coin to join.

You'd want that fully pseudonymous. But could be interesting to see the mood in those rooms.

[Caducus @Caducusx]

@naval https://t.co/OpeZHs9vvu

[Caducus @Caducusx]

@balajis Put another way, you can't really put in your avatar that you own one of the 21 million bitcoin. You can put a punk.

[Caducus @Caducusx]

@farokh Was there any talk of Damien Hirst’s NFTs hitting the auction block down the road?

[Caducus @Caducusx]

@bergealex4 @balajis Sure. And there may be a case there. See @balajis 's idea about that. But a btc address doesn't have personality. Avatars matter. Shoes, cars, brands... identity matters. So a BTC-like asset with identity, like an ape, has value that can eat into BTC's

[Caducus @Caducusx]

@Debussy100 making me rethink pepes

[Caducus @Caducusx]

@AdamSinger gotta be in the jpegs

[Caducus @Caducusx]

@bergealex4 @balajis How do I know those are real Jordans? Or that's a real Damien Hirst painting on your wall? It's an old problem and one that hasn't diminished the market for the real thing. But if we so desire to build out the tech you actually can prove it now.

[Caducus @Caducusx]

@HAGToday @balajis Also, it's possible that twitter, games, and whatever else the metaverse comes to include actually implements verification statuses for ownership of digital products. A blue check for your punk, so to speak.

[Caducus @Caducusx]

@HAGToday @balajis Nothing. And nothing is stopping people from buying knockoff products. But people still buy the real thing because it still somehow matters. You know the flex is real. Your friends probably do. There's markets for both.

[Caducus @Caducusx]

@balajis Put another way, you can't really put in your avatar that you own one of the 21 million bitcoin. You can put a punk.

[Caducus @Caducusx]

@balajis I could see NFTs sucking up a lot of BTC utility and value. It's basically digital gold but with personality and flex. Cars, shoes, etc all depreciate. These collectibles don't. At least not because of time and use.