Bitcoin Losers (Classic)

Planet Money

NPR

Business, News

4.6 • 30.5K Ratings

🗓️ 1 January 2021

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Bitcoin market is still crazy, but a lot of people can't even find their Bitcoins. We go looking for lost billions. | Subscribe to our weekly newsletter here.

Transcript

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0:00.0	This is Planet Money from NPR.
0:03.4	Hey there, everyone.
0:07.6	It's Amanda Arochek here.
0:09.0	Happy New Year to everybody.
0:11.2	So last month, the value of a single Bitcoin rose to over $20,000.
0:19.0	So a lot of money.
0:20.4	And that is more than twice what it was in 2018 when the following story first ran.
0:26.0	Hope you enjoy the episode.
0:28.8	One day around Thanksgiving of this year, Sil Turner noticed that it seemed like suddenly
0:33.5	everybody was talking about Bitcoin.
0:35.6	And he thinks to himself, huh, Bitcoin.
0:37.6	I haven't thought about that in forever.
0:40.0	I definitely used to have some of those.
0:42.8	And so he goes online and holy crap.
0:46.5	The price of Bitcoin was up to $10,000.
0:51.3	Hey, Sil.
0:52.3	Hey, is Tasnim there yet?
0:55.0	Not yet.
0:56.0	Okay, it's now three days later, a Saturday, and Sil is starting to get anxious because
1:00.6	the price of Bitcoin is now up to $11,000.
1:05.0	Sil wants to find his bitcoins.
1:06.8	And he says there's like a chance that maybe they're in his attic on an old hard drive in
	...

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