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ESPN Daily

Can NBA Top Shot Become Basketball’s Bitcoin?

ESPN Daily

ESPN

Sports

4.63.9K Ratings

🗓️ 18 February 2021

⏱️ 31 minutes

🧾️ Download transcript

Summary

Pelicans star Zion Williamson has starred in almost super-humanlike highlights in his young NBA career, but are they worth hundreds of thousands of dollars? It’s a concept that the NBA is banking on, with their newest digital memorabilia venture: NBA Top Shot, a marketplace that is something of a cross between trading cards and Bitcoin. ESPN’s Brian Windhorst explains what NBA Top Shot is, its value, and the risks involved when entering the volatile world of crypto. Then, a preview of Friday’s show: where Sam Borden takes us to Bergamo, Italy, a sports-crazed town devastated by the COVID-19 pandemic. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

So Brian, where does the story begin?

0:06.0

It starts with this 30-something-year-old guy named Jeremy Levine, who was in Lake Tahoe on a skiing trip on a Sunday in January.

0:17.0

He's getting ready to leave his Airbnb to hit the slopes, and he checks his phone because he's been watching for something and waiting for something.

0:25.1

And there it is, what he's been waiting for for days.

0:29.5

He's so excited that his fingers are shaking as he transfers over $100,000

0:35.5

to buy a 13-second video clip of Zion Williamson blocking a shot.

0:42.3

And what about that block?

0:44.3

Zion from the east side.

0:46.3

That'll get them up on their feet.

0:48.3

Hey, because somebody from the 15th row, throw that ball back on the court, please.

0:52.3

We gotta keep the game going. He sees the price, and he doesn't even think about the price,

0:57.0

because he's convinced that this thing is going to triple, quadruple five times, ten times within a year.

1:04.0

And he never made it skiing because his friends were so excited when he told them that he made the purchase,

1:11.3

that they couldn't do anything but talk about it for the next 12 hours.

1:18.9

If you're my age, you once dreamed of holding a Shaquille O'Neal rookie card

1:23.3

that would one day be worth millions, at which point you'd celebrate by Scrooge McDucking

1:29.1

into a pool of gold coins.

1:31.5

But in 2021, sports collectors are chasing completely digital pieces of memorabilia,

1:39.0

and your fortune now isn't backstroakable, isn't tangible either.

1:48.7

It's probably Bitcoin. Today, Brian Winhorst is our guide to the brave new world of crypto collectibles. So brace yourself. Because the present is an

1:56.5

even stranger future than you thought. I'm Pablo Torre. It's Thursday, February 18th.

2:04.6

This is ESPN Daily.

...

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