Decentral Lens

Rare Sats Deep Dive with Quary from Magisat

Decentral Lens Season 2 Episode 62

In this special episode, the show welcomes @const_quary, the Founder of Magisat and an expert in rare sats. Quary shares his journey from Ethereum to Bitcoin, Ordinals, and Rare Sats, detailing his first experience with Rare Sats through the Hacker Ninjas project and the luck of having a large amount inscribed on Pizza Sats. This experience led Quary to dive deeper into the Rare Sat world and the thrill of treasure hunting.

The conversation then shifts to the origin of Magisat and its purpose, as well as its unique features, including the sorting mechanism. Quary explains the classification of Rare Sats, the theory behind it, and the total supply of sats, including uncommon, rare, epic, legendary, and mythic. It is also highlighted how the supply of sats and rare sats will continue to decrease due to havenings and how sats can fall into multiple categories, a unique aspect of Bitcoin.

The discussion turns to the Epic sats, with speculation about who owns them and who might have the Epic sat that is now sequestered. Quary outlines his plan for the Rare Sats cabal, which includes educating the market, fixing the market with charts and market information, creating a moonshot (possibly using Block 9 450X), and eventually moving to exchanges and other markets. The idea is also explored that rare sats could be a bridge for Bitcoin maxis and could even be considered the first meme coins.

The episode concludes with a call for listeners to investigate the potential of rare sats on their own and to be open to their relevance as the space continues to evolve.

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