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Reflecting on Six Years of Bad Crypto 🥳

Reflecting on Six Years of Bad Crypto 🥳

Released Wednesday, 26th July 2023
 1 person rated this episode
Reflecting on Six Years of Bad Crypto 🥳

Reflecting on Six Years of Bad Crypto 🥳

Reflecting on Six Years of Bad Crypto 🥳

Reflecting on Six Years of Bad Crypto 🥳

Wednesday, 26th July 2023
 1 person rated this episode
Rate Episode

Episode Transcript

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0:00

Hey, before we get started today, make sure you

0:02

check out the new podcast that Travis

0:04

and myself are doing all about artificial

0:06

intelligence. It's called what else the

0:08

bad AI show and you can go listen

0:11

now at bad AI dot show.

0:15

Six years. It's a long

0:17

time. Well, unless you're talking in

0:19

light of eternity, in which case it's

0:22

just six years. But six years

0:24

ago, Sir Lord Travis, right? And myself

0:26

had a wild idea to start

0:28

a podcast talking about crypto

0:30

and blockchain and Bitcoin that

0:33

would appeal to regular people kind

0:35

of like us. And here we are six

0:38

years later and we have some retrospective

0:41

thoughts

0:42

on the past six years on this episode

0:46

of the bad crypto podcast. Five,

0:49

four, three, two,

0:53

one. Ignition.

0:56

Who's bad? Welcome

1:06

to the crypto podcast. We're on

1:08

budget cuts here. The markets

1:10

are lean and we can't

1:12

pay our licensing fees. Well, finally, YouTube

1:14

will stop copyright Every

1:16

time we upload a video, it's like, oh,

1:19

yeah, every time we paid

1:21

for it. Like literally it was it was

1:22

copyright free when we bought it. Somebody

1:25

bought the copyrights, I think. And then they said, screw

1:27

you guys. It's one of those weird things that

1:30

that they did. So we've never made any money

1:32

ever from YouTube. Well,

1:35

that's fine. I mean, you

1:37

know, it's been a great ride. If you were

1:39

Mr. Beast, it would be sad, but we're not. We're not.

1:41

We're not prolific content creators. We just do it for a

1:43

long time. It doesn't mean that the content's any good.

1:46

We're not even beastie boys. It's clearly bad.

1:48

It is. So, you know, we

1:50

thought we would just visit. Travis is actually visiting

1:53

me right now at my place in

1:55

Puerto Rico. And his dog, Tuki,

1:58

is here. She's laying on the sofa and we.

1:59

We thought we'd just have a little convo here,

2:02

a little mano a mano, and

2:04

talk about what the last six years

2:06

has been like, maybe what we've learned, what

2:09

we haven't learned, and where

2:12

we think all this is going. Mano

2:14

y mano in Spanish would be

2:16

monkey and monkey. Yeah, that's exactly what

2:18

we're doing. That's

2:21

exactly what we're doing. So

2:23

before we get started

2:26

with the content for today, I want to remind

2:28

you guys that we are getting

2:29

ready to airdrop in celebration

2:33

of our sixth anniversary

2:36

and the two episodes that we just did

2:38

on the quantum Bitcoin. If

2:40

you haven't listened to those yet, episodes 688 and 689, you

2:42

want to give those a listen. And

2:46

Travis has come up with six

2:49

brand new animated Bitcoin

2:51

NFTs.

2:52

They look amazing. Thank you, Scott. Yeah,

2:55

basically I took it in and used

2:57

a bunch of different words, was playing with mid

3:00

journey, and then came with

3:02

a pretty good style. They all have a good feel. They

3:04

look similar. You can tell they're part

3:06

of the same collection. But

3:09

then I went in and I animated them and did

3:11

some stuff that so each one has its own unique

3:14

animation. And there's only 50 of

3:16

each one. That's right. We're

3:18

minting 50 of each one. And if you are

3:20

in the bad crypto nifty club,

3:22

then you're going to get airdropped one

3:24

of them randomly. Now as

3:27

of this recording, there are 280 people

3:31

that own a bad crypto nifty

3:33

club membership NFT.

3:35

And so that means there's room

3:37

for 20 more of you. If you hurry

3:40

to go to bad crypto dot

3:43

uncut dot network and

3:45

pick up the spinny red bad

3:48

crypto nifty club NFT. It's

3:50

something like three bucks. And

3:52

in case you want to even you can buy it with a, with a, with a, with a, with a, with a

3:54

theorem or with the credit card. It's not, it's not

3:57

a challenge anymore. When we first started it, you could

3:59

only buy with a theorem.

3:59

And it was a challenge because

4:02

the app was not very good then,

4:04

but uncut has gotten really good. Yeah,

4:07

in fact, there's going to be some surprises that

4:09

you guys are going to be excited about for uncut. I

4:12

think it's going to be a big deal, not financial advice, but

4:14

we do advise you to go drop the three

4:16

bucks. It's only three bucks so that bots

4:19

would not take them as freebies. We want

4:21

real people to have them, and bots are not going to go

4:23

spend $3 on an NFT. So

4:25

go to badcrypto.uncut.network,

4:28

get the Bad Crypto

4:29

Nifty Club membership NFT,

4:32

and entitles you to airdrops. And if you

4:34

get one in time, you could get ... I mean,

4:36

when you see these Bitcoin NFTs, you're

4:38

going to lose it. They are amazing. Thank

4:40

you. Yeah, I think they're on

4:43

par to the five Ethereum

4:45

ones that we made earlier in the year when

4:47

we interviewed one of the Ethereum co-founders.

4:51

And I put together that. And so this is

4:53

the complementary collection to

4:55

that Ethereum collection that you might

4:58

not have if you

4:59

weren't a member then, then you didn't get an

5:02

airdrop of that and you don't get any

5:04

of them retroactively. Nope. And

5:07

yeah, if you miss them, you miss them. We cap out the

5:09

numbers. So these are according to uncut

5:11

with a cap of 50 each, the

5:13

Epic variation.

5:15

And so if you want something epic, go do

5:18

that. So it was July

5:21

16th, 2017 that you sent me a

5:23

message after our many discussions about crypto

5:26

said, when are we going to start the Joel and TW Crypto

5:28

Show? I said, I'm calling you right now. We

5:31

spoke two days. No, you said, I

5:33

have an idea. I'm calling you right now. And

5:36

my joke is always, oh, the idea that I just

5:38

mentioned? Yeah, that one. Well,

5:41

I don't know what you were thinking at the time. You

5:45

weren't ... I was like the Joel and TW

5:47

Crypto Show. And you're like, wait a second. I got an idea.

5:50

We're going to do the Joel and TW Crypto Show.

5:51

No, I had the

5:53

name picked up. That's what I was thinking. It's

5:55

like I already had the theme of the

5:58

idea because I had been listening.

5:59

to the Bad Christian podcast and

6:03

this was a preacher and two Christian

6:05

rockers that had an irreverent

6:08

approach to spirituality

6:11

that questioned everything. They

6:13

didn't pretend to be experts but they'd

6:15

like to you know make their

6:18

faith accessible

6:19

for regular people as it should be and

6:22

here we are just learning about this

6:24

stuff and curious. Just two sinners. Yeah that's

6:27

right just two sinners that

6:30

didn't know squat about blockchain

6:32

and crypto and we thought you know what let's figure this

6:34

out. Let's learn about it and let's teach people what

6:36

we learn. We're figure outters. Yeah like

6:38

we're going to learn how this stuff works and instead

6:40

of pretending like we're experts that was a

6:42

thing at the time it really did seem

6:45

like everybody who had a show it

6:47

was hard to listen to a lot of those folks because

6:49

they were and then they went down to 256 and

6:51

then I go what

6:54

this was pointy headed this it was it

6:56

was over people's heads. There was not one

6:58

person that had any irreverent humor at all

7:00

in any of the crypto content. No and we're under

7:02

people's heads. They were they were

7:05

over the heads. We're like under the ball. Yeah we're like

7:07

right by just just

7:11

under these nuts and we said let's just let's

7:13

have this conversation and so we learned and

7:15

we began teaching and then

7:17

we realized you know we kind of hit the wall

7:19

here. We need to talk to other people who

7:21

know more than what we're picking up on

7:23

and start doing interviews and start looking at projects

7:26

and talking to experts and

7:28

real experts right and we

7:30

need to talk to some people who are building some shit coins

7:33

because this ICO craze is going to be

7:36

insane

7:37

and we were so fortunate with our

7:39

timing right it was a perfect storm

7:41

right everything about the show is a perfect storm and that

7:43

happens when we were seeing it we were talking about

7:46

it like because that's that's around the time that

7:48

you know the 2016 election

7:50

was happening and then all the craziness with that

7:52

so we're having conversations on that and then we

7:54

were just we were you know even

7:56

in like February and even

7:59

I think.

7:59

maybe even as early as December

8:02

of 2016 we were talking about, oh

8:04

man, look at it there. He wasn't Bitcoin. Oh, look at

8:06

this one. And then I remember having a

8:08

conversation with you about ant shares, which became

8:10

new, which was the Chinese

8:12

Ethereum essentially. And I didn't know. I'm like,

8:15

how do I get this? And I bought some at $2. Yeah. And

8:17

then it went to 15 bucks like that.

8:19

And I think that's like, Oh, this

8:21

could be me like the ants

8:23

and shares. This is making money out of thin

8:26

air using algorithms. I

8:28

like algorithms. Uh-huh.

8:29

And so we started figuring

8:32

out some of the stuff and talking to people who figured

8:34

stuff out. And, um,

8:37

we have interviewed so many

8:39

people, well over a thousand people. Yeah,

8:42

I guess so with the ICO, um,

8:44

spotlights and all that probably, you know, some of

8:46

the bigger names, uh, Ron Paul,

8:49

John McAfee, what? Five

8:51

times. Five times John McAfee, Brad

8:54

Garlinghouse, Charlie Shrem,

8:57

you know, those are some really Charlie Sheen, uh,

8:59

CZ we've interviewed him Vitalik.

9:02

We interviewed, we interviewed,

9:05

uh, we

9:07

interviewed Mashinsky. Yep. Who has been

9:12

arrested now? Not our fault.

9:15

I can't find the picture. I was scrolling through

9:17

my photos just this week,

9:19

uh, under selfies to see what,

9:21

who I take pictures with. And I ran across a

9:23

picture of me with him and he's got his mouth open. Like,

9:26

you know, one of those conference photos probably

9:28

one from like a Paris, uh, maybe

9:30

that's the only time we met him in person.

9:33

I think it was in Paris and

9:35

that, you know, it was so crazy about when we were in

9:37

Paris was we were there

9:40

at, we went to a soccer, a

9:43

stadium because it was all the people from the,

9:45

from the, uh, the Paris blockchain week. That

9:47

was the night that was the night. You

9:49

took a photo of the guy? No, that was the night. No, true

9:51

Dom. No true Dom. Yeah. So I was going to say no true

9:53

Dom, no true Dom bombed or whatever

9:55

happened to Notre Dame.

9:57

So I'm actually going to pull up

9:59

the the website here why you continue

10:01

saying words and and find

10:04

some of the other guests. Yeah.

10:07

So I mean I was looking at this looking

10:09

at this today. I mean a con we interviewed

10:11

a freaking a con had a great conversation. We

10:14

sat down with Vitalik in

10:16

Denver

10:17

had like a 45 minute conversation.

10:19

I don't know what episode that we did that

10:21

one on but that was spectacular

10:24

and pretty much everybody in

10:26

the space that we wanted to interview except

10:29

Nick Zabo because he got mad that we interviewed

10:32

Craig Wright and he goes oh you're gonna interview Craig

10:35

Wright well then I don't have any I don't have any zero

10:37

I have zero percent

10:39

want to do an interview with you and then we never chatted

10:42

with any of the Winklevie

10:43

and then Satoshi Nakamoto we didn't

10:45

chat with him either. Well we did chat with

10:48

some people that claim to

10:50

tell us who Satoshi was and

10:53

back in the day one of the regulars on the show

10:55

was Ronnie Moess. I think he's

10:57

been on more than anybody and then he kind of got himself

11:00

banned.

11:01

That's true. Self banning. He

11:03

was a hater. Yeah he you know what

11:05

I'd welcome him back.

11:07

I would I'd have a conversation with him. You're gonna

11:10

have a conversation with him? Well we could. You

11:12

would. I mean I don't dislike

11:14

the guy I think he's a little misled and you

11:16

know one of the biggest interviews

11:19

on YouTube views was the Richard Hart

11:22

interview. Yeah that thing the hexagons

11:24

the hexagons or whatever they're called. Do they come out

11:27

in droves dude. Oh my God. And

11:29

if somebody says what like if you

11:31

if you interview Richard Hart and you give him one

11:33

little half of a stink eye. Oh my

11:35

God they all come out and leave so many comments. We got

11:37

over 500 600 comments on that post and like 30 40 thousand views

11:40

on that one

11:44

which was pretty big for crypto content for

11:46

our YouTube because you know really early on YouTube

11:48

banned us right. So we were

11:51

in that first wave of crypto

11:53

content creators but we didn't get a

11:56

big huge boom like a lot of these

11:58

other ones like Wendy Oh and right.

11:59

and uh, Bitcoin Ben,

12:02

um, whatever his name is, was

12:04

his, uh, Bitcoin, boy, BitBoy. Yeah.

12:06

And some of these other ones, because they never got banned.

12:08

Like YouTube banned us for 26 months,

12:10

man. We were not available. It was a

12:12

year and a half. Was it a year and a half? I

12:15

don't know. Yeah. Dude, it

12:17

was 37 months. Yeah. We were, we were still not

12:19

back on YouTube that well, we're on, but

12:21

we don't really, we don't really work it. Was it a

12:23

year and a half? Yeah. It was a year and a half. We were, we just

12:25

gave up 20 months. Was it 20 months? We were like, screw

12:28

you, YouTube. We don't care. And

12:29

we still really don't, we put some content up.

12:32

There's no, this isn't on YouTube. There's no video

12:34

of this being shots. Just two dudes sitting around talking

12:36

crypto. There's nothing, no screenshots

12:38

to share. I mean, if we want, if we wanted to be,

12:40

you know, plan this a little better, we would have done

12:42

online and we would have showed you some

12:45

stuff that I'm looking at right now. Um,

12:47

like I'm scrolling through. It should probably be more interesting. Uh, but

12:49

you guys just get to hear it, but you know what? I have been

12:52

doing more videos. I've been learning

12:54

the tricks of, you know, I like

12:56

doing vertical videos and doing those one

12:59

minute shorts.

12:59

So I've been trying to get more and more. So if you do,

13:02

uh, if you are on YouTube, check

13:04

us out at bad crypto podcast, go subscribe

13:06

to the channel and you'll see I'm

13:08

putting up a lot of different shorts where there's me and

13:10

a little hexagon down on the bottom.

13:13

Not that I'm a hexagon because I'm not,

13:15

but I do have some pulse chain. So

13:18

as I'm scrolling through, like if you go

13:20

to the podcast player on Apple, it

13:23

goes all the way back. You

13:25

can see every single show, all of

13:27

them. There's Charlie Lee. Um,

13:29

there's

13:29

crypto, critty, kitty craziness.

13:32

You know, we, I think that we were the first

13:35

podcast, not, not video

13:37

channel first podcast to cover NFTs.

13:40

And that was on December 5th, 2017.

13:44

The Pokemon of crypto has been unleashed

13:46

and we're completely sucked in and we thought it was hilarious.

13:50

And who knew the NFT rabbit

13:52

hole that that would eventually lead us down. It

13:55

did. It created a lot of different opportunities

13:57

cause we saw, cause at first it's funny.

13:59

Oh, these two JPEGs are

14:02

having sex and then baby JPEGs are Oh,

14:06

that is genius. Yeah, it actually makes

14:08

a lot of sense now. Wow. These

14:10

digital assets are going to be so cool. Now I

14:12

didn't foresee silly PFPs

14:15

that was going to happen. Like I didn't

14:17

like Ethereum at that time because

14:20

of all the gas fees. They were so stupid.

14:22

Like, uh, you know, I look at it and I go,

14:24

Oh yeah. Like we were way earlier

14:26

than, uh, than board apes, right?

14:29

Even, even crypto punks were

14:32

right there with crypto punks. Yeah. So

14:34

we just didn't jump in on it because it's Ethereum and

14:36

I just kind of had a disdain for it. So

14:38

let's see. I'm going to try and bring us back to chronologically

14:41

before the NFTs hit, we

14:43

started doing events. So the perfect

14:46

storm, that's what I was talking about. The perfect storm. We

14:48

started the show in July, 2017. Bitcoin

14:51

was about 1500 when we started and

14:54

it's just starting to get out in the media, right?

14:58

And we told our audiences on

14:59

social that we were doing the show. So people

15:02

are like, what is this Bitcoin thing? And

15:04

immediately the show took off. I mean, immediately

15:07

we just got thousands of listeners

15:10

and, um, it was crazy. There's not

15:12

at that point. There's not a lot of crypto content

15:15

out there, right? We're one of the few

15:17

that regular people can understand, which

15:19

I think irregular people, you don't,

15:21

you don't have to be regular to understand. Right. Well,

15:24

yeah, you know what? That is true. A lot

15:26

of the ones that were out there

15:28

were just, we talked about it earlier.

15:30

Just, it was just hard to comprehend for

15:32

a lot of people. So we were coming in there with crazy dad

15:34

jokes and then teaching people along

15:36

the way as we're learning. And I think that resonated pretty

15:38

well. Yeah. We made parody songs. We

15:41

talked about corn, you know, we're just being who

15:43

we are. We're just trying to find that song today. And I was making

15:45

that one video. I wanted to find that one was welcome

15:48

to my crypto. Oh, I bet I have it somewhere.

15:50

But I couldn't find the video on YouTube at all.

15:52

I don't think that one video is on YouTube. Cause

15:55

it was like, maybe that was when we were banned, but I was

15:57

like, cause it had all those

15:58

different people's Right.

15:59

I was like, oh yeah, that'd have been perfect. But

16:02

I found another one for when we did the virtual blockchain

16:04

week and I used those speakers. Okay, well

16:06

I'll see if I can locate that for you. We had parody

16:09

songs that were written for us. We recorded

16:11

our own parody songs. Not that were written for us, we had

16:13

ones that we wrote ourselves. Bye, bye, bye.

16:15

Dude, we said, ha, ha, ha. We

16:18

said, I remember our very first event we went to

16:20

was I think I drove from Kansas

16:23

City over to Denver and then you

16:25

and I drove up to Aspen,

16:28

to the Aspen Institute. Nexus

16:31

Earth had an event going on. We met Ron

16:33

Paul. We met that dude from

16:36

overstock.com. Jesse Ventura,

16:39

right, wasn't he there? He did meet Jesse Ventura. Patrick

16:41

Byrne. Patrick Byrne. We met G.

16:43

Edward Griffin. That's right. We met Roger

16:45

Ver. So that right there was like, dude,

16:47

we're in with these people now. And we had,

16:50

oh, Max Kaiser. Right. That

16:52

was all. Stack sets. That was the funnest

16:55

thing about all of this was like really early on.

16:58

When we were just learning about it

16:59

and then meeting all these awesome people who

17:02

were like already doing awesome stuff. I'm

17:04

like, dude, this is gonna be great. And we got invited to

17:06

go to host other conferences

17:08

like World Crypticon in Vegas. We did that

17:10

twice with those guys. Davos. We went

17:13

to Davos. We went to Davos. World Economic Forum.

17:15

In 10 feet of snow. Which is a crypto side of things. Dude,

17:17

that was, so that was the craziest thing. So

17:19

I went on this cruise to Coins Bank. This

17:22

was right at the peak of the Bitcoin

17:24

and crypto market. So January 2018,

17:26

right? And the markets

17:29

are like, but boom. So I don't have access. A

17:31

lot of my stuff is sitting back at my house

17:33

on my ledger as I'm taking my stuff

17:35

off. So crypto markets at its all time

17:37

high. I'm on this Coins Bank cruise

17:40

that goes from Singapore to

17:42

Malaysia to

17:43

Thailand. I

17:46

sit in the ocean all day in Thailand at

17:48

this crypto beach conference thing that

17:50

had. I got sunburned as F.

17:53

Oh my God. I was like

17:55

Lobster McGee. And I was,

17:58

I had not been in the ocean.

17:59

time and I'm like, yeah, this is so great. And

18:02

then we took the cruise back to Singapore.

18:04

I immediately fly from Singapore

18:07

to Switzerland to meet

18:09

up with you. So we go to Davos and

18:11

do get to Davos the day before I'm

18:13

in, I'm in a beach getting sunburned

18:16

the next day. We're literally in six

18:18

and a half feet of snow. The snow is over

18:20

our heads. That's like the rate.

18:23

That's not even drifts, dude. That was so

18:25

dangerous. People were going into

18:27

the various stores to find the grips for their

18:29

shoes to be able to walk on the

18:32

ice because it was, it was so dangerous.

18:34

But that was, it was epic to be there

18:36

and, and

18:37

be a part of it. And, and there were so many other

18:39

events, you know, so many other

18:41

events we hosted. And then of course, when the NFT

18:43

world came around, we started, you know, we're

18:46

with our friend Jody at, at cred

18:48

and NFT NYC and we started speaking

18:50

there and then MCing at radio

18:52

city music hall. Like dude,

18:55

we've craziness. Mike

18:57

cheers right there.

18:58

What

19:02

a trip. And now it's like people ask us to go do

19:04

stuff and now I don't want to go anywhere. I don't

19:06

like it here on the island.

19:10

You know, what's crazy is like hanging out with you is the first

19:12

time I've hung out with anybody in like six weeks.

19:14

I mean, I'll go to the gym, but I don't really talk to anyone.

19:17

I'm not hanging out with any, that's what's so

19:19

weird. It's like, I am so isolated in my

19:21

own little place. It's like, I am super

19:23

hermit Travis now. I'm looking

19:26

at the front. I'm looking

19:28

at some of the other guests we had on your Scott Adams,

19:31

you know, of Dilbert fame was that

19:33

was on our show. He had a shit coin there for a while.

19:35

John Stossel, who is one of the greatest

19:38

living journalists, right? Who was

19:40

the remaining few? Yep. Who puts great

19:42

content. Tim Draper,

19:44

you know, was on the show. Rockwell

19:46

love her. We haven't shared with her forever. We should

19:48

definitely connect with her. Hey, now

19:51

Bitcoin girl, right? Yeah. Yeah. A

19:53

VESA, you know, an artist friend that,

19:55

uh, that we've gotten close

19:57

to 140 bad code out. I am forward slash one 40.

19:59

the blood on the

20:02

podcast floor thing that he created.

20:04

He made this amazing painting and

20:06

he got over 50 top

20:09

crypto personalities to literally

20:11

sign that thing. That thing is so

20:14

awesome. Like,

20:15

and so he's got a million dollar

20:17

price tag on it still and one day somebody's

20:19

going to buy it and all the money's gonna go to his

20:22

charity. Yeah. The charity of choice.

20:24

I just ran across this one from

20:26

July 10th, 2018.

20:27

Talking tokens

20:30

with Travis and Joe's. That

20:33

right there is hilarious. And that's actually right before

20:36

we had our first party in Denver. Remember

20:39

that party was so awesome. Yeah, the anniversary show. We

20:41

had the cake and it said, happy

20:43

bad kritto. It's the bad kritto

20:45

podcast. It's so perfect for us, right?

20:48

Remember, talk about the talking tokens with

20:50

Travis and Joe's story. What happened with that? Well,

20:52

basically I got on Fiverr and I

20:55

wanted to get some jingles and stuff made. And

20:57

so they had different

20:57

things that were said and then it was just so

21:00

hilarious. Cause the guy couldn't say

21:02

Travis and Joe's. So every time it was up there. Travis

21:05

and Joe's. Travis and Joe's.

21:08

Talking tokens.

21:10

I should go back

21:12

and see if I can find those original.

21:14

I bet we have them. Those are so funny. There

21:16

is a folder somewhere in the drop box that

21:19

has all of the old. We

21:21

should pull back some of those just as a hilarious

21:23

thing. So 2020. That's 2018. We

21:26

did talking tokens. Yeah. Oh my God. In 2020,

21:30

it's when we discovered POAP.

21:32

Proof of attendance protocol. We

21:36

met Patricia Wirthholder. I

21:38

mean, he's this young guy. He's a hustler.

21:40

Like he's out there. In Denver. Yeah, he's out

21:42

there. I mean, should we show you this? I

21:44

got here and you scan it and you get a good NFT.

21:47

And it was the idea was you scan this QR

21:50

code and you get to claim an NFT

21:52

that proves you are at the event. It's

21:54

kind of a one of one. The QR code is a one

21:56

of one QR code. So once it's scanned,

21:59

that NFT is claimed.

22:00

Nobody else can claim it. So we thought this

22:02

was cool and at the Washington elite

22:05

conference in January of 2020 Bruce Porter

22:07

Yeah, huh. We released one of

22:09

the first po-apps I mean the number the mint

22:11

number is very low and I think we

22:14

gave away nine or ten of them and then the

22:16

week After that that was that

22:18

was ground zero that was po-app And

22:22

then 001 was the Bitcoin conference,

22:24

which was like two or three days later So

22:26

I then I then go to you and I

22:29

say hey Travis Why don't

22:30

we do the first proof of listening

22:32

protocol NFT? And

22:35

so, you know, that's cool. I think it was Peter

22:37

McCormick I think that was the first one we did and we

22:39

told you our listeners if you were listening

22:41

back then hey We want to give you proof that you

22:44

listen to the show We've got an NFT for

22:46

you within 72 hours of

22:48

this show going out You need to fill out this form

22:50

and we'll air drop it to you or in that those days

22:53

Patricio You

22:54

know, he manually did right for us

22:57

and that was when the gas fees were not unreasonable,

23:00

right? That's what happened was, you know,

23:02

we did about 10 po-apps and then it

23:04

started to cost like Several

23:06

dollars per each NFT to send out that's

23:08

just cost prohibitive And so it's like

23:11

alright, well, there'll be some additional technologies

23:13

that'll pop up down the road And now po-app

23:15

is built on top of polygon. Yeah and Tons

23:18

of people use po-app. So Polygon

23:20

or immutable one of the two one of the

23:22

two. Yeah, mutable actually

23:24

whatever it is I'm excited about it.

23:26

I'm happy for Patricio that it's it's working

23:28

out so well So and then

23:31

in March of that year We

23:34

discovered or no before discovering

23:36

this I thought, you know, why don't we create our own

23:38

NFTs? Mm-hmm, and I came here with

23:40

this idea. So what if we had these blockchain

23:43

buddies? what if they were NFTs that

23:45

were basically trading cards

23:48

of Famous people in

23:50

blockchain. Yeah, and I was laughing

23:52

I said no dude, we can't call it buddies There's this

23:54

hilarious gay bar in Kansas City

23:56

called buddies and you drive down this

23:58

one main street and it's like it's a big Big rainbow

24:00

flag with two beer bottles clinking and

24:03

beer mugs. And then right beside it, nearby

24:05

is Missy B's. And I was just laughing, I was like, dude, there's

24:08

no way we can call blockchain

24:10

buddies. Blockchain buddies! So

24:12

then we started talking about maybe blockchain

24:14

rock stars or something, some other ideas.

24:17

And I remember I said this, I go, I go, oh, kinda

24:19

like what, kinda like garbage pail kids? Or

24:21

like, yeah, something like that? Yes, you did, you said kinda

24:23

like garbage pail kids. And a week later, a

24:26

week later on this blockchain

24:28

that we had heard of but didn't know was doing NFTs

24:30

called WACS, TOPS, the

24:33

legendary

24:34

trading card company, released

24:36

or announced that they were releasing

24:39

the very first edition from what, 1980? Of

24:42

garbage pail kids, 85. As

24:45

digital, only some of them, there'd be different

24:47

rarities and the rarest ones would have some animation

24:50

to them. We're like, oh, crap, this is so cool. I

24:52

still have one of the rarest Atomic

24:54

Adams. That's pretty amazing. So

24:57

I've got some unopened packs. Totally should've sold it. Right,

24:59

well, should've sold everything

25:03

in the beginning of 2021, everything. If

25:07

you had liquidated, everybody would've.

25:08

Well, not 20, not quite yet because

25:11

board apes hadn't come out until like, I'm sorry, 2022.

25:14

The beginning of 2022, if you had sold everything,

25:16

you would have significantly more, I mean, everybody.

25:19

But live and learn. So we

25:22

were then looking at, oh, how

25:24

do we use WACS to create this thing

25:26

where we've got collectibles that are in this pack of

25:28

cards? And then we kind of stopped and we

25:30

go, this is an interesting idea, maybe we'll think

25:32

about it. Because then instead, what

25:35

happened was the world shut down. So we had

25:37

all these conferences that we were gonna go to and now

25:39

we couldn't go to. And then we had that bright

25:41

idea to do virtual blockchain

25:43

week from idea to

25:46

execution within 30 days. Within 30 frickin'

25:49

days. We were like, you know what,

25:51

everything's going virtual. People aren't

25:53

gonna be able to have these conferences in person

25:56

and we could act. We could pivot

25:58

and do this faster. Then

26:00

anybody bit faster than any

26:02

of the conferences could because they got big teams

26:04

It's gonna take time we could just do what we wanted

26:06

to and with producer Aaron at

26:09

the helm and many friends We

26:13

put this together we did a seven-day event

26:16

it was amazing it was exhausting We just about

26:18

wanted to kill each other, but we got through it and

26:21

after that Well, I think I only said fuck

26:23

you do you like probably two or three times probably more

26:25

than that Thinking

26:30

I had a little counter on my belt

26:32

that every time you said it I hit the little thing

26:36

There's another one Realistically

26:39

though think about it like for six years of us

26:41

like

26:42

working together. There's only been four or five

26:44

like Arguments of like grump like super

26:46

grumpy Travis. It's usually you're never you're

26:49

never you're you get grumpy me once

26:51

or twice But not I get grumpy

26:53

about double that but Realistically

26:55

about once a year about four times that

26:57

You get douchey you get douchey

27:00

and I got a deal with your doucheyness, but

27:02

I love you. So it's it's fine It's

27:05

fun. So I prefer douche tastic

27:09

Super douche tastic sounds like

27:11

a new brand Now

27:14

it's EBS super do tech Now

27:19

double the douche So

27:22

it's going downhill really really so

27:24

watch it so we did virtual So we did virtual

27:26

blockchain week and

27:27

then are like tops. Let's let's let's

27:30

Figure out this NFT thing. I said what about

27:33

blockchain heroes? What if we did the

27:35

set of digital collecting cards? They're they're Inspired

27:39

by real personalities because we were going

27:41

back and forth were like should we do? We

27:44

were thinking blockchain rock stars, and

27:46

then I came up with rock fierce Yep,

27:48

and it was like oh that was great And then

27:51

because it was kind of cool because we could make each one of them

27:53

rock stars and that morphed into I

27:55

kind of Forced it I was like no no if they need to be

27:57

heroes because it's a people like superhero

27:59

universe

27:59

Versus right right so I kind of like no we're

28:02

not doing that. I think you said eat a bag of dicks

28:04

I think something like that yeah, and

28:06

so we and we this is what was

28:08

Really fun about it is that we

28:10

pulled in our sons

28:12

my son Zach You know your

28:14

son Jarek They both worked

28:16

with us and of course Zach has been responsible

28:18

for just creating the universe like

28:21

the stories and these characters behind

28:23

it all and you you know

28:25

are a design master and you learned how

28:27

to Take these images

28:30

that we had designers that we hired on up

28:32

work create and you made all these cool

28:34

variations You would like show me stuff.

28:36

What do you think of this one? Oh, that's what do you think is a whoa

28:39

look at that the first time I saw a legendary card

28:42

with the boom the big explosion Behind I was like

28:44

shock way was bad. Yes. I

28:46

was like that and we know it was always a

28:48

challenge It was like okay. How do I get

28:50

better? How do I do one better than that one

28:53

and I was like oh, okay? So the

28:55

mythic ones I thought were pretty good Yeah, because

28:57

then they had the little stars But then I was able to

29:00

then I was able to figure out how

29:02

to take that mythic style And

29:04

then whenever we would create the additional sort

29:06

of ancillary ones later on down the road

29:08

after we did Blockchain heroes the first

29:11

edition and then we wanted to keep having

29:13

fun So we would just add additional activities

29:15

on top of it right and I created the one little hexagon

29:18

ones like the one Genesis that Genesis

29:21

number one Genesis of that hexagon.

29:23

That's the third highest priced

29:25

Blockchain heroes card

29:27

that ever sold I noticed that today it sold for a

29:29

hundred and forty five thousand wax Wow

29:32

Wow crazy the heyday

29:34

the heyday of wax so Summing

29:38

up on blockchain heroes that first set

29:41

sold out in about 30 minutes And

29:44

then we did a second set

29:45

with multiple sales And

29:48

we did the stonk or set that sold out in 35 seconds 35

29:50

seconds, dude You

29:53

know and that's how quick and nimble you can be whenever

29:55

it's like oh Look at this stuff.

29:57

That's going on with GameStop and what's going

29:59

on?

29:59

with AMC and all

30:02

of you know and what's going on with the with

30:04

Citadel and all this stuff that's going on

30:06

and Robin Hood and blah blah blah

30:09

and and we were like let's just let's

30:11

go and so we already had these artists on

30:14

on retainer essentially that we've been working

30:16

with they churn them out we create new

30:18

things and then those those animated

30:20

ones those animate that animated

30:23

Elon dusk yeah is a flamethrower

30:25

and I think that's actually one of the very first Elon

30:28

Musk NFTs actually it's Elon

30:30

dusk inspired by inspired

30:32

by your copyrights so

30:34

in one of the favorite things that we

30:37

did you know all this

30:39

around bad crypto is

30:41

community has always been important to us you guys are important

30:44

those of you that are listening and with us

30:46

on this ride you're the reason that we're here

30:48

doing this if nobody listened then Travis

30:50

and I would just sit around we turn off the recorder and

30:53

we just talk you're the few remaining

30:55

but yeah you two guys out there

30:57

we really appreciate Jimmy this is Jimmy

30:59

I know Jimmy's it's Jimmy and Jimmy

31:03

we started the nifty show when we

31:05

got fascinated with NFTs before blockchain

31:07

heroes came out so it's one of the law

31:09

it is probably the longest running NFT

31:11

podcast contiguous I think there's been

31:14

others may have 20 20 that since may of 2020 and

31:16

we started doing weekly meetings

31:18

the hero report yeah community

31:20

and they would come in and we'd talk about

31:23

it you built a presentation deck every single

31:25

week oh my gosh I was so passionate about it

31:27

I loved it and people I created the first we had

31:29

one like kind of created the template for the first one

31:31

you're like oh yes boom and you just built

31:34

these huge decks every single week I'm like

31:36

what in the good god and it was

31:38

fun and it was

31:39

great we did the pack openings so great that that

31:42

hero was funny about that the

31:44

group of people who were part of the hero report is

31:47

like some of them went off and started working

31:49

on this project and so it's like the

31:51

inspiration that blockchain heroes

31:54

inspired others to do was really

31:56

cool there's a lot of we've

31:58

gone to conferences and people have been like

31:59

Oh my God, you guys inspired us to do this.

32:02

I know it feels good and we're just doing what

32:04

we're doing, right? We're we're not we're

32:06

not as I'm not a smart man. Jenny I mean

32:09

we're you know We just we I always

32:11

tell people one of the secrets to my

32:13

success and I think you can attribute this as well

32:15

Is I just like to play with the toys. I

32:18

like to play with the toys and the new technologies

32:21

and and see oh What can I do with this and?

32:24

Some of the things I never do anything with

32:26

they never go anywhere but the ones that I really enjoy

32:28

I keep playing with them and

32:29

When you do that you learn to master

32:32

it and invariably what happens is people

32:34

come to you and say how did you do that? Yeah,

32:36

and that's what leads to speaking

32:39

engagements. That's what leads to books. It's

32:41

what leads to podcast interviews It

32:43

was all very organic and

32:45

not contrived and now here we are We're

32:48

still that way man. AI is taken

32:50

over right like dude I spent

32:52

so much time in mid-journey and Chad GPT

32:54

for just and I Like

32:57

even that when you guys see these Bitcoin

32:59

these quantum

32:59

Bitcoin NFTs. They are really

33:02

freaking cool like I Bet

33:04

I spent 10 hours yesterday and the day

33:06

before coming up with those different ones Getting

33:09

them to where I wanted them and using the right words

33:11

and then like no I want this and I And

33:13

then I would go in a Photoshop polish it up

33:15

a little bit and then take it into another app and do Because

33:18

it's like because for one I get I think

33:20

it's that same thing that exploration and tinkering

33:22

of new fun technologies I like to

33:24

make things look cool. I like to make you

33:26

know, it's like and so you saw some That's

33:29

what's interesting

33:29

too is looking back at some of those freaking

33:32

NFTs from blockchain heroes Some of those

33:34

NFTs are so beautiful

33:36

I think even ones that were I wasn't even

33:38

a part of that I didn't build the ones from retro rebellion

33:41

that that that Zach had His

33:44

team animators. Golly some

33:46

of those NFTs are the most still

33:48

to this day Then they came out in 2021

33:51

some of the coolest freaking NFTs. They're cinematics

33:54

They are cinematics a lot of people.

33:57

I wasn't part of those we just born one we

33:59

That was the first failure we had because we released

34:02

a lot of stuff. We released. Was it 2022

34:04

we released that? It was 2021. It

34:06

was 2021. What was it? December 2021.

34:10

And it was the... No, no. No,

34:12

you're right. Bitcoin

34:14

was crumbling. The markets were crumbling. It was

34:16

a horrible week to do a sale. And

34:20

people were losing interest

34:22

in collectibles for the sake of collectibles.

34:25

They were demanding that their NFTs do

34:28

something. They wanted utility

34:30

for their NFTs. And this was not

34:32

that. And so the sale was far

34:35

less than what we wanted. Because

34:37

we spent almost more money on that collection

34:40

than... Because working with the artists and

34:42

whatnot, then we received back.

34:44

It cost more than any other collection we did. And

34:46

I'll tell you, you could probably get Hero

34:48

packs and Titan packs on Atomic

34:51

Hub or Nifty Blocks, the secondary market

34:53

unopened for

34:55

under 10 bucks for a Titan pack, I'm guessing.

34:57

Of what series? Retro Rebellion. Dude,

35:00

and you get some of those in there. I

35:02

would just say this, is that if you go on Atomic

35:05

Hub and look at the official Hero collection,

35:08

and then go in there and you can sort

35:10

them by the collections, series one,

35:12

series two, which was series

35:16

two, the Stonk Wars, and then

35:19

Retro Rebellion, first strike would

35:21

be the second series. But I think it

35:23

says series one, series two,

35:25

Stonk Wars, and then Retro Rebellion. It

35:27

doesn't say series three. But go in and look at

35:29

those and then sort those by rarities

35:31

and go in and look at some of

35:34

those cards. And turn on the audio. That Ether

35:37

Beast. So good. That Ether

35:39

Beast, it's a 30 second little cinematic

35:42

movie where this Ether Beast, it

35:44

talks about, it's basically a reference to the gas

35:46

fees on Ethereum. And this thing is

35:48

this big purple sort of Godzilla thing,

35:50

wraps around this thing, and this building,

35:52

and there's this fog that rolls in, and

35:54

then it parts,

35:55

and there's Godzilla's eating.

35:58

Unbelievable. Like, what? Like

36:00

if you got that in a pack like it'd be like

36:02

oh my god It's one of the coolest things

36:05

you could possibly get out of it it

36:07

Yeah, they're still amazing if you don't

36:09

have any you can go grab them off the

36:11

secondary market and check it out So

36:14

you know watch it by the way utility

36:16

is coming. I'll just leave that right there.

36:19

We we never promised Anything

36:22

other than collectibles for any of the

36:24

things we created we never we never promised you a

36:26

rose garden But we're working

36:28

on things. We're still working on things and

36:31

Zach Has been working on Draco

36:33

dice the game is almost ready the

36:36

long-awaited game boy I'll tell you trying

36:38

to build during

36:39

a bear market

36:41

when the value of what you

36:43

took in for the sale goes way

36:47

down and finding you

36:49

know developers that don't Betray

36:52

you or Disappear ghost

36:55

you it's it's really challenging

36:57

and it's been a core of

36:59

you know his values that he's like damn I

37:01

am going to deliver. I don't care what

37:04

it takes and we're really close to

37:06

that and you and I You

37:09

know we're still we're still delivering here.

37:11

Nobody's paying us to do this. We don't really take sponsors

37:13

I get we get emails all the time

37:16

from people like hey you send us your rate card

37:18

And you know we want to sponsor

37:20

and I'm like I just

37:22

I don't know Well we need to make you not

37:24

be the one in charge of the email that because we do I

37:26

would it's YouTube

37:29

doesn't pay us and if nobody pays us then

37:31

we're like Crypto

37:33

crypto goes up and then crypto goes down, and

37:36

then you want crypto to go back up again Yeah, I feel

37:38

like this is a really interesting time right now. It's

37:40

interesting time in the world of course

37:42

on the show we talk all the time about the

37:45

the dangers of fiat currency

37:47

and Governments that

37:49

are pushing towards totalitarianism

37:52

and how important you know people being

37:54

hacked and scammed and

37:56

we just you know we want to help people be smart

37:59

with

37:59

money to the degree that not financial

38:02

advisors can do. By the way, I think we probably

38:04

hold the record

38:06

for saying not financial advisors. I think

38:08

we kind of coined that in the beginning when other people

38:10

weren't even saying it so much yet. We were like, we

38:12

probably ought to protect our ass because we don't want

38:15

to be claiming that we know anything we don't know. And

38:17

I think that's where there's a lot of podcasts

38:19

out there that will be like, oh, you need to get

38:21

on this token right here. It's going to go, doop doop doop. And like,

38:23

we, if you listen to our show and I think that's probably

38:26

a detriment to audience

38:28

growth potential because people want to tune

38:30

in and hear that, but like it's not good for

38:33

us to be telling you what to go spend your money

38:35

on when we don't even know. Right? It's like

38:37

this market is so tumultuous. Sometimes

38:40

something pops. Like, you know, we had

38:42

conversations early on about Omi, OMI,

38:45

right? The VV token. We're like, oh dude,

38:47

this thing could be ridiculous because

38:49

look, they're doing it. We are VR NFT

38:52

things. This could be huge. And that thing went

38:54

up 250 X actually like,

38:58

uh, like $1 became $250. Like

39:00

it's so crazy when that happens. Right?

39:02

And so, you know, and that is, that's the definition

39:04

of an X. Yeah. One of 250, 245 X.

39:07

I think that thing went up from when we talked about it. So

39:10

there's been some big ones that we had conversations on,

39:12

but we never tell you what to do

39:14

to spend your own money on. We will give

39:16

you great ideas on how to do your own

39:18

research around things. Cause we're big on that

39:21

do critical thinking. You know, you're listening.

39:23

Here's some cool stuff. Go check it out. And if you

39:26

find some cool stuff, tell us. We want to do research

39:28

on it. Absolutely. We appreciate

39:30

you guys. And by the way, while we were talking,

39:32

I went and renewed our license for that

39:35

music. So you can probably hear it coming up

39:37

right now as we thank you for

39:39

listening to the show. We're glad you're here for the

39:41

ride. Make sure you get the, the bad crypto

39:44

nifty club NFT from bad crypto

39:46

dot uncut dot network. Oh, I just

39:48

got another email from a YouTube copyright

39:51

violation. There it is. And then I

39:54

think I'm going to throw a little Easter egg on

39:56

this one after the pending disclaimer

39:58

that's coming your way.

39:59

will revisit the song we

40:02

recorded by Bye Bye. Oh man. Dude, I

40:04

actually saw that today, which is funny. Just for

40:06

Shiites and Gizzles. Yeah. And maybe

40:08

we need to do both of them, the other one that you welcome to

40:10

the fact that we can find it. See what

40:12

you can find. Okay, we'll catch you soon

40:15

again, like next week. We're just

40:17

two dudes talking crypto.

40:18

Yeah, just two dudes talking crypto. Who's

40:30

bad?

40:35

The Bad Crypto Podcast is a production

40:37

of Bad Crypto LLC. The content

40:39

of the show, the videos, and the website

40:41

is provided for educational, informational,

40:44

and entertainment purposes only. It's not

40:46

intended to be and does not constitute

40:48

financial, investment, or trading

40:50

advice of any kind. You shouldn't make

40:52

any decisions as to finances, investing,

40:54

trading, or anything else based on this information

40:57

without undertaking independent due diligence

41:00

and consultation with a professional financial

41:02

advisor. Please understand that the trading

41:04

of Bitcoins and alternative cryptocurrencies

41:07

have potential risks involved. Anyone

41:09

wishing to invest in any of the currencies or tokens

41:11

mentioned on this podcast should first

41:14

seek their own independent professional financial

41:16

advisor.

41:18

Hey, hey, hey. Bye,

41:25

bye, bye.

41:28

Bye, bye, bye.

41:33

Bye, bye, bye. Uh

41:40

oh, heard about

41:42

Bitcoin tonight. I'm

41:45

not sure if I got it right. Should

41:48

I buy? Well, I just might. Bitcoin

41:51

days come on. I

41:53

want to make money. Maybe

41:56

this could be for me. I

41:59

guess we'll just. I just have to see, oh,

42:02

I can make some I

42:05

heard it all the bad crypto,

42:07

I don't think they lie I

42:10

wanna see some

42:11

profits, or should I buy,

42:13

buy, buy Don't wanna

42:16

be let down no more, because I'm

42:18

really tired of being poor It

42:21

sounds risky, but I've got

42:23

to try, Bitcoin, buy, buy, buy The

42:27

crypto's kinda tough, but the US

42:29

dollar's really had enough My

42:32

wife may leave me and I

42:34

just might cry, but I'll buy, buy,

42:36

buy

42:39

Uh oh,

42:40

I think this work needs

42:43

proof The open ledger

42:45

shows the truth Show

42:47

me some consensus

42:49

with blockchain, come on Now

42:53

I can look and see, with a

42:55

little transaction fee The

42:58

coin is finally in my

43:01

wallet, I got

43:02

some I hope it

43:04

goes up more and more, way up

43:07

to the sky I'm counting

43:10

up the crypto

43:11

score, time to buy, buy, buy

43:14

Bitcoin and Ethereum,

43:16

it's my new addiction and I'm having fun I'm

43:20

obsessed with this and I am not

43:23

shy, I'd like to buy, buy, buy Maybe

43:26

I'll get like coin too, it's a

43:28

great investment, I should hope it's true I

43:31

can't stop now, cause I've got

43:34

to try, I wanna buy, buy, buy

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