Crypto Part 1: The Man Locked Out of 200 Million and The Successful Trans NFT Artist

Bad With Money With Gabe Dunn

Gabe Dunn | Diamond MPrint Productions

Business, Careers, Investing, Education

4.6 • 2.6K Ratings

🗓️ 25 May 2022

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

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Summary

After avoiding it for years, Gaby finally deep dives into cryptocurrency and NFTs. This week, they talk to programmer Stefan Thomas, a man made famous for being locked out of his crypto wallet worth 200 million dollars. Stefan breaks down the origins of crypto and why his problem is not a bug but a feature. Then, Gaby speaks to NFT artist Klara Vollstaedt about the hype market around digital art, the difference between Bored Apes and non-fungible token fine art, and how the money moves circularly within the NFT space. Who decided the Mona Lisa has value? Plus, the trans ideal of controlling your perception online, the young people making tons of money off natively digital art, and how all of that merges with the futurism of art and money. For a full transcript of this episode, visit: https://bit.ly/3xoxTAv Gaby Dunn Instagram: @GabyRoad BWM Instagram: @bwmpod BWM Facebook group: http://tinyurl.com/badwithmoneyfb The BWM Discord channel: https://discord.gg/dAdxj4JMER Find Gaby on Patreon: patreon.com/gabydunn Shop gabydunn.com/shop for merch! Bad with Money is produced, edited, sound engineered and mixed by Elif Geris. The theme song was performed by Sam Barbara and written by Myq Kaplan, Zach Sherwin, and Jack Dolgen. Additional music by Joey Salvia. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	You got problems that you oughta be concerned with, who are you?
0:04.0	You don't know how you're supposed to earn it or what to do with it or how to keep it.
0:08.0	You're a freak with a dark shankful secret, but you're not the only one
0:13.0	Creature in financial fears with a blast of sun.
0:16.0	Now your healing has begun.
0:19.0	It's back with money with Gabby.
0:22.0	Done.
0:23.0	Hello!
0:24.0	I'm Gabby Dunn.
0:25.0	Welcome to Bad With Money.
0:27.0	How about finances and feelings where we don't talk down to you?
0:31.0	Well y'all, we avoided it long enough.
0:35.0	The time has come for a series of episodes about crypto.
0:41.0	Wait! Don't go! Don't turn this off!
0:44.0	This is going to get very interesting and very intense, I promise.
0:48.0	For example, our first guest this week is Stefan Thomas, an entrepreneur and programmer
0:53.0	who became famous after he was locked out of his crypto wallet and lost access to about $200 million.
1:00.0	That's the big headline.
1:02.0	All the media was covering it.
1:04.0	Thomas has spent the last few years publicizing his plight.
1:08.0	He cannot take out or use $200 million, sitting there in a digital wallet he owns.
1:15.0	He lost the unique key and getting it back relies on him remembering the password
	...

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