Episode Details

Quary, founder of Magisat, discusses the growing market for rare sats, unique satoshis with historical, aesthetic, or numerical significance. How does ordinal theory assign identities to satoshis? What are the technical challenges of procuring rare sats?

Despite current liquidity & market drawdown, Quary argues that rare sats represent an authentic, grifter-resistant asset class, poised to gain value as Bitcoin adoption grows.

Timestamps:

00:00 Intro

02:09 How Quary Discovered Rare Sats

04:43 What Are Ordinals and Rare Sats?

09:40 What Makes a Satoshi Rare?

15:21 The Unique Nature of Rare Sats

17:31 The Rare Sat Marketplace: How Sats Get Traded

24:31 Technical Challenges in Building a Rare Sat Marketplace

30:53 Market Valuation and Adoption of Rare Sats

39:03 The Bull Case for Rare Sats

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