Using Ethereum as a benchmark, Bitcoin-native assets are a potential 100X opportunity.
BRC2.0 co-creator @0xBinari (+ CEO of @bestinslot) shares key stats with Bitcoin Rails host @isabelfoxenduke
BRC2.0 is officially live on Bitcoin mainnet.
Bitcoin L1 now has smart contracts, programmability, and 6-byte tickers. ⚡️
The road ahead is full of new products, features, and airdrops. Stay tuned! 🪂✨
What if there is no alt season? What if the crypto cycle is defined by attention & capital focusing on Bitcoin: Bitcoin treasury companies, Bitcoin ETFs, Bitcoin tokens, and Bitcoin-based digital art?
Ladies and gentlemen, allow me to present a truly remarkable piece from the "Black Eyes Edition" of the Ordinal Maxi Biz (OMB) collection, a pioneering ordinals project inscribed on the Bitcoin blockchain. This artwork serves as a profound bridge between the vibrant counterculture of the 1960s and the digital art revolution of the 2020s, masterfully marrying the iconic imagery of the Grateful Dead with the innovative spirit of Bitcoin ordinals. Here, we see the Grateful Dead’s "Lightning Skull"—also known as "Steal Your Face"—and the beloved "Dancing Bears," reimagined through OMB’s distinctive hand-drawn, one-of-a-kind profile picture style, a testament to the enduring power of art across mediums and eras.
The artwork draws deeply from the rich legacy of the Grateful Dead, a band formed in San Francisco in 1965, whose imagery has long symbolized the freedom and rebellion of the countercultural movement. The "Lightning Skull" was first conceptualized in 1969 by Owsley "Bear" Stanley, the Grateful Dead’s visionary sound engineer and a pivotal figure in the psychedelic era, in collaboration with artist Bob Thomas. Stanley’s inspiration emerged from an unexpected source—a freeway sign he glimpsed through the rain, a circle divided by a white bar with orange and blue halves. He reimagined this as a striking red and blue circle pierced by a 13-point lightning bolt, a design initially created for a practical purpose: to mark the band’s equipment during the chaotic festival tours of the era, ensuring their gear stood out amidst a sea of black road cases. Thomas later added a skull beneath the circle, and this emblem made its debut on the 1973 album *History of the Grateful Dead, Volume One (Bear’s Choice)*, a heartfelt tribute to the late Ron "Pigpen" McKernan, featuring recordings from February 13-14, 1970, at the Fillmore East in New York City. The name "Steal Your Face" emerged later, tied to the 1976 album of the same name, inspired by a poignant lyric from the song "He’s Gone," reflecting on loss and betrayal.
Complementing this electrifying symbol are the "Dancing Bears," also designed by Bob Thomas for *Bear’s Choice*. These whimsical figures were a nod to Stanley himself, affectionately nicknamed "Bear," and his deep ties to the psychedelic movement as a pioneering LSD producer. Stanley, ever the purist, insisted that the bears were not dancing but marching, their high-stepping poses inspired by a lead sort from an unknown font—a subtle nod to the era’s typographic artistry. Over time, these bears became an enduring symbol of the communal joy and unity of the Grateful Dead’s devoted fanbase, the Deadheads, who followed the band through over 2,300 live performances from 1965 to 1995. These shows included iconic moments in music history, from the Monterey Pop Festival in 1967 to Woodstock in 1969, and even a transcendent performance at the Great Pyramid of Giza in 1978, where the band played under a lunar eclipse, blending their music with the ancient energies of the site.
In this "Black Eyes Edition" piece, the fusion of these historic symbols with the cutting-edge medium of Bitcoin ordinals invites us to reflect on the evolution of art, community, and freedom itself. The Grateful Dead’s ethos of openness and resistance to centralized control finds a direct descendant in the digital age through John Perry Barlow, the band’s lyricist, who co-founded the Electronic Frontier Foundation in 1990. The EFF’s 1996 victory in establishing code as protected speech under the First Amendment laid the philosophical groundwork for Bitcoin’s decentralized, censorship-resistant architecture—a legacy of liberty that the Ordinal Maxi Biz collection proudly inherits. Thus, this artwork stands as a fitting tribute to the Grateful Dead’s timeless spirit of creativity and connection, now reimagined in the boundless frontier of the internet.
BITCOIN RAILS EPISODE #17: DOMO’S SIDE OF THE STORY & the HISTORY OF BRC20
A particularly special episode—@domodata sits down with me for his first video interview ever—to recount the unique history of the BRC20 protocol.
The first Bitcoin-native token standard ever created, BRC20 came into existence almost overnight and quickly emerged as a multibillion dollar asset class in 2024.
This episode covers the influences leading up to the birth of $ORDI, the roles of different players involved along the way, and how core maintainers are preparing for their next major update—affectionately dubbed “BRC 2.0” by Bitcoin educator @bobbodily
Additionally, Domo shares his memory of key moments in BRC20 history—including:
—the development of BRC20's canonical indexer and details of Domo's working relationship with @unisat_wallet
—Ordi's listing on OKX and Binance (+ what he believes triggered listing decisions by those exchanges)
—the creation of the Layer 1 Foundation and the responsibilities of its member organizations in maintaining the core protocol
—why Domo has never accepted funding (including advisory fees) from either of his lead maintainer companies @unisat_wallet or @bestinslotxyz
We also go into depth about what sparked the “BRC20 indexer wars” and how stakeholders are ensuring the integrity of its consensus going forward.
This episode includes special mentions of major influences in the evolution of BRC20—including @redphone@robertjfclarke@Bitcoin_Punks_@satsnames@bestinslot@unisat_wallet and others.
This episode can be viewed on YouTube or Spotify using the linktree in Isabel’s bio—YouTube episode is also in the comments.
As always, thanks to the show's sponsor @bestinslotxyz for making this episode possible— in addition to being a core maintainer of BRC20, Best In Slot maintains the leading API for Ordinals and BRC20 data aggregation and indexing.
TIMESTAMPS:
01:04 Domo, Ethereum, and how he found Bitcoin
05:04 Why Ordinals clicked for Domo
07:58 Ordinals going from underground to mainstream
11:13 Who helped Domo ideate around Ordinals? 16:21 How did Domo announce ORDI, the “first” BRC20?
20:02 Why did BRC20 blow up so fast?
22:25 How did UniSat get involved with BRC20?
25:12 Catalysts for the BRC20/ fungibles boom
26:35 When did BRC20 get good pricing data?
29:00 Domo’s stresses during the ORDI blowup
31:34 How involved was Domo with UniSat early on?
35:00 Exchanges instantly deciding to list ORDI
37:38 How did Best In Slot start indexing BRC20s?
41:48 Centralization of indexers
44:18 Coordinating indexers around Ordinals forks
47:25 Relaunching the Layer 1 Foundation
49:25 The relationship between Domo, UniSat, and Best In Slot
51:02 Upgrading BRC20: Swap and Programmability Module
54:55 How the programmability module came to be
57:00 “Standard Maxiness” is hurting the industry
59:00 Plugging BRC20 into everything else
01:00:50 Do programmable metaprotocols solve interoperability?
01:02:50 Metaprotocols and L2s: do they compete?
01:05:00 Does BRC20 have an advantage over the metaprotocols?
01:06:20 How should the community approach Bitcoin’s issues?
01:08:50 Competition rising in the BItcoin space
01:10:00 People are underestimating metaprotocols
01:11:55 Single step transfer for BRC20