TLS12: Chris Tramount on Scarce City, Bitcoin Collectibles vs. NFTs, and Monetizing Internet Memes

Chris Tramount is the CEO of Scarce City, a Bitcoin marketplace for buying digital and physical art and collectibles on the Lightning Network.

Chris and I spoke about how Scarce City uses the Lightning Network for collateral payments, Bitcoin collectibles (called 'Rares') vs. NFTs on other chains, the history of Rare Pepes, and monetizing internet memes.

This episode also features the Lightning Round, where you can ask me or my future guests questions over the Lightning Network.

At the end of every show I answer any questions you send in, and announce my next guest for anyone who wants to ask my next guest a question.

To send a direct message or to support the show, download Fountain from the iOS or Google Play App Store and load your wallet with a few sats.

Fountain: https://www.fountain.fm/

Episode Chapters

00:00 - Intro

01:32 - What is Scarce City?

05:42 - How Scarce City uses the Lightning Network

22:32 - Bitcoin 'Rares' vs. Ethereum NFTs

30:58 - The History and Value of Rare Pepes

34:24 - Scarce City’s business model

43:13 - Trading vs. HODLing art on Scarce City

47:32 - What caused the Rare Pepe Resurgence?

55:10 - What's next for Scarce City?

1:04:01 - The Lightning Round