Today's Rare Pepe Lore Lesson™️ is Series 1, Card 11 - PEPECASH by Project creator Mike. This is a 1/1B divisible card with a circulating supply of 691,393,208.57 after 308,606,791.43 has been burned and destroyed.
A single PEPECASH costs 12 sats ($0.01 USD).
7,857 wallets hold a copy of the card (9 known burn addresses excluded).
There are 94 PEPECASH Millionaires (holders of at least 1M PEPECASH). At least 2 of those are exchange wallets such as Zaif and TUXExchange.
PEPECASH is unique in that it is a card in the Rare Pepe collection and also De facto currency of the project. By using the Counterparty DEX users can trade PEPECASH for other Rare Pepes, XCP, and even cards from other projects.
Remarkably, PEPECASH appeared on Japan's regulatory “white list” of cryptocurrencies that could legally be handled by a registered exchange. On September 29, 2017 Japan's Financial Services Agency (FSA) registered 11 cryptocurrency exchange operators under the new regulatory regime.
The photo of the house and cars can be traced back to an August 7, 2008 photoshoot in Calabasas California. One of the photographers present at the shoot posted a shot he took from the event with the information "this was at a photoshoot I did in Calabasas. The cars there were a Lamborghini Diablo, Lamborghini Superleggera, Lamborghini LP640 Versace Roadster (only one ever made!), Ferrari Enzo, and Porsche Carrera GT." The photo has 27,988 views. This and similar images taken the same day have since appeared on various blogs and sites across the internet.
To that photo, Mike added a smug Pepe, added some cool shades, and a pimp hat. He then proclaimed "The Pepe Cash card is useful for buying houses, fast cars and yachts."
Countless songs and videos have been made about PEPECASH since 2016. A page of them is below.
The "PEPECASH shades" were featured in several later Rare Pepe cards such as BTFDPEPE, KILLARYPEPE, and PEPEJONES.
Further reading/viewing:
Spotlight.soy article Pepecash ~The extraordinary story of a single frog~ -
spotlight.soy/detail?article…
@Coin_and_Peace Medium article, History of Vintage Bitcoin NFTs in Japan: The Almost Forgotten Part of NFT History -
medium.com/@coin_and_peace/h…
Flickr album for Noah Gillard -
flickr.com/photos/noahgillar…
PEPECASH Image -
flickr.com/photos/noahgillar…
Rare Pepes YouTube page -
piped.video/@rarepepes4587