Scarce City

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by Ivandf

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Capturing Bitcoin’s gritty past and glorious future, this original by MVDEX (MADEX) features the Saint and Economist, Saifedean Ammous, author of The Bitcoin Standard. Behind him, the sun and the moon blend together marking the passage of time, alluding to the NgU Moon Technology of Bitcoin and the time preference of Bitcoiners. Created using copies of The Bitcoin Standard, Atlas Shrugged, 1984 and the entire Bitcoin White Paper.

“Ideas are Bulletproof”, this is the most important attribute in the message of Bitcoin.

The Time Thieves who steal from honest men through the corruption of money and perversion of natural laws are represented throughout this original. They hide behind the likeness of The Founding Fathers on their useless bills, MVDEX reveals their true form. They are trying desperately to stop free men escaping FIAT slavery, however our signal can never be stopped. Many more messages and ideas from within the Bitcoin ethos are buried in multiple layers of craft throughout this original, to be discovered and understood by the worthy.

This original MVDEX is loaded with an Opendime physical Bitcoin wallet containing 615,000 sats sealed by MVDEX himself. If you wish to remove the coins from the art you will have to void the MVDEX seal and break the Opendime out. The status of the Opendime is monitored by If you value the money more than the art and the coins are moved, everyone will know that the owner of this original has cashed out and thus destroyed part of the original's value. When you buy this original, you are placing yourself in a time-preference experiment and first witness to an epic conflict between the value of the MVDEX art and the value of the Bitcoin on the Opendime.

The creation of this P(Physical)NFT is notarized using Bitcoin block 693623

This original is a totem of gratitude for Satoshi and Saifedean, sending a message from us all directly to them both: Thank you.

Materials: Mixed Media, Print Media, Acrylic, Oil, Resin on Wood board.

Size: 61cm x 87cm or 24” x 34”

Weight: 3.52 Kg or 7.76 Ib

Check out the behind-the-art livestreamed interview with MVDEX as we kickoff the auction and cover early bids.

Join the Scarce City Banter Telegram channel for auction updates, commentary, and sat giveaways.

Make Offer to Buy from Auction Winner

We will email you if the owner accepts your offer.

Buyer pays shipping (cost only).

Register or Login for lower bid deposits and the option to pay a 1-time deposit for unlimited and max bids.

500,000 sats ($0.00) minus your previous deposit(s)



Call the high bidder’s bluff by bidding below them. If they don’t pay the bid amount, you’ll win the auction.

Bidder NameAmount (in sats)Time & Date
IvandfVerified12,500,000 (0.125 BTC)August 8, 2021 7:07:39 PM UTC
NanaimoTraderVerified12,000,000 (0.12 BTC)August 8, 2021 7:01:12 PM UTC
IvandfVerified11,500,000 (0.115 BTC)August 8, 2021 7:00:37 PM UTC
NanaimoTraderVerified11,000,000 (0.11 BTC)August 8, 2021 7:00:29 PM UTC
IvandfVerified10,500,000 (0.105 BTC)August 8, 2021 7:00:14 PM UTC
NanaimoTraderVerified10,000,000 (0.1 BTC)August 8, 2021 7:00:01 PM UTC
IvandfVerified9,500,000 August 8, 2021 6:55:10 PM UTC
NanaimoTraderVerified9,000,000 August 8, 2021 6:54:59 PM UTC
IvandfVerified8,500,000 August 8, 2021 6:54:26 PM UTC
NanaimoTraderVerified8,000,000 August 8, 2021 6:53:34 PM UTC
IvandfVerified7,500,000 August 8, 2021 6:53:15 PM UTC
NanaimoTraderVerified7,000,000 August 8, 2021 6:52:44 PM UTC
IvandfVerified6,500,000 August 8, 2021 6:49:42 PM UTC
SneakyT6,000,000 August 8, 2021 3:00:35 PM UTC
NanaimoTraderVerified4,000,000 August 7, 2021 9:55:04 PM UTC
The Webmaster3,500,000 August 7, 2021 8:56:17 PM UTC
You wish3,000,000 August 7, 2021 7:02:44 PM UTC
The Webmaster2,500,000 August 6, 2021 8:57:10 PM UTC
cryptograffitiVerified2,200,000 August 6, 2021 8:44:56 PM UTC
ViziqueVerified2,100,000 August 6, 2021 8:43:18 PM UTC
cryptograffitiVerified1,800,000 August 6, 2021 8:39:53 PM UTC
ViziqueVerified1,500,000 August 6, 2021 8:32:07 PM UTC
ChiefmonkeyVerified1,400,000 August 6, 2021 7:46:51 PM UTC
The Webmaster1,300,000 August 6, 2021 7:13:54 PM UTC
cryptograffitiVerified1,000,000 August 6, 2021 7:07:39 PM UTC
The Webmaster800,000 August 6, 2021 7:07:36 PM UTC
EppoxyVerified500,000 August 6, 2021 7:05:28 PM UTC
The Webmaster400,000 August 6, 2021 7:02:20 PM UTC

How It Works


1. Deposit 1% of your bid as collateral

💥SATOSHI MODE💥 Login to unlock unlimited bids on this auctions with a single deposit of 500K sats

2. The winning bidder has 4 hours to pay their final bid. If they don't, they lose their deposit(s) and the next highest bidder has a chance to pay their high bid.

3. Once the item is paid for, deposits are refunded to the remaining participants. Please allow up to 24 hours from auction end.


  • Bids placed in the final 10 minutes of the auction reset the countdown to 10 minutes
  • Auction can't end with a pending bid
  • Onchain bid deposits no longer accepted


Shipping from Alberta, Canada. Estimated costs:

  • US: $100
  • Europe: $250
  • Asia: $300

A shipping deposit of $350 is added to the winning bidder's final balance. Once the item ships, the difference is returned to them along with the shipping receipt.




We recommend:

  • Breez Wallet: User-friendly non-custodial wallet. Requires TestFlight for iOS. Tutorial here.
  • Wallet of Satoshi: As easy as it gets custodial wallet with option to connect your own node. Get setup in minutes on Android & iOS. Tutorial here.
  • LN Strike: Pay Lightning invoices with fiat from your checking account. Install for Android, iOS, or Chrome in select regions.

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