Bitcoin NFTs represent Bitcoin culture.
This is a powerful emerging trend.
Tweet thread👇
This is a powerful emerging trend.
Tweet thread👇
1/ Humans are social animals. We thrive in communities.
Every community has its own culture represented in stories, art, symbols, and values.
Every community has its own culture represented in stories, art, symbols, and values.
2/ Digital communities have their shared culture going beyond physical borders.
In an increasingly digital world, digital communities become increasingly more important than geographic ones.
In an increasingly digital world, digital communities become increasingly more important than geographic ones.
3/ Cryptocurrencies take digital communities to the next level.
Now, people have a shared financial interest and a passion for seeing a change happen in the world.
Bitcoin is the largest crypto community connected through a shared purpose of bringing sound money to the world.
Now, people have a shared financial interest and a passion for seeing a change happen in the world.
Bitcoin is the largest crypto community connected through a shared purpose of bringing sound money to the world.
4/ Even though NFTs originated on Bitcoin (e.g., Rare Pepe), the Bitcoin community is disconnected from the modern NFT platforms and activity.
However, modern Bitcoin NFTs recently see a revival on Bitcoin through Stacks, smart contracts for Bitcoin.
However, modern Bitcoin NFTs recently see a revival on Bitcoin through Stacks, smart contracts for Bitcoin.
5/ In the past few weeks, artists and community who love Bitcoin have started representing various stories and symbols of Bitcoin culture as NFTs.
This movement is organic, like culture itself. Let’s dive into some examples!
This movement is organic, like culture itself. Let’s dive into some examples!
6/ Bitcoin community celebrates the Bitcoin Pizza day to celebrate the first pizza bought by 10,000 BTC in 2010 (worth $600M today).
There is a Bitcoin NFT series about Bitcoin Pizzas.
There is a Bitcoin NFT series about Bitcoin Pizzas.
7/ Snow Crash (1992) predicted digital currencies like Bitcoin.
The community is eagerly awaiting the release of Crash Punks.
The community is eagerly awaiting the release of Crash Punks.
8/ The Bitcoin Citadel is a dystopian post on Reddit (2013) that paints a picture of Bitcoin’s success from the perspective of a time traveler.
The community has created Bitcoin Citadels as NFTs.
The community has created Bitcoin Citadels as NFTs.
9/ No one knows who Satoshi Nakamoto is or they are male or female.
The community has algorithmically created faces of Satoshi using elements from different cultures & genders.
The community has algorithmically created faces of Satoshi using elements from different cultures & genders.
10/ The above Bitcoin NFTs are just a few examples. Aspects of Bitcoin culture (honey badgers, bulls, symbols) are getting expressed as Bitcoin NFTs.
These NFTs are minted at Bitcoin blocks; their ownership & transfers are defined by hashes on Bitcoin, through Stacks contracts.
These NFTs are minted at Bitcoin blocks; their ownership & transfers are defined by hashes on Bitcoin, through Stacks contracts.
11/ There is something beautiful about owning a little piece of internet culture.
With Bitcoin NFTs, I can now own a little piece of Bitcoin culture.
NFTs makes my connection to this community stronger and our shared stories and symbols more meaningful.
With Bitcoin NFTs, I can now own a little piece of Bitcoin culture.
NFTs makes my connection to this community stronger and our shared stories and symbols more meaningful.
P.S: Your JPEGs will be highly illiquid; so I play around for the fun and culture and not for just making a profit 🙂
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