186. TBR - Why Ordinals Are Better Than NFTs | Interview w/ Danny Yang of Metagood OnChainMonkeys

In this episode of TBR 1 hr Podcasts, hosts Iman and Will are joined by guest Danny Yang to delve into the world of Bitcoin and cryptocurrency. They discuss recent developments in the Ordinals ecosystem, including the increasing fees and potential issues with Bitcoin. Danny shares his background in Bitcoin and cryptocurrency ventures, highlighting his current company, Metagood. The conversation also touches on crypto art, the background in cryptography when getting into Bitcoin, early use cases, and the transition of crypto punks to on-chain art. The discussion further delves into the Ordinals protocol and its capabilities for securing digital assets on the Bitcoin blockchain. They touch on the importance of fees in supporting the security of Bitcoin and the push towards Layer 2 solutions. The conversation also goes into how On Chain Monkeys, Metagood’s flagship PFP project, plans to convert all of their Ethereum NFTs into Bitcoin Ordinals.

Topics:

1. First up, Danny goes over his origin story on how he got into web3
2. Next, Danny discusses recent developments in the Ordinals ecosystem, including the increasing fees and potential issues with Bitcoin
3. Then, we ask what Metagood is up to
4. and Finally, Danny reveals his feelings on the future of web3

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