Death, Sex & Money - A Bitcoin Mogul Goes Broke
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Slate Podcasts
4.2 • 2K Ratings
🗓️ 1 November 2017
⏱️ 27 minutes
🔗️ Recording | iTunes | RSS
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Summary
Charlie Shrem made a fortune on cryptocurrency, lost it all, and spent a year in prison for a federal crime—all before turning 30.Â
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Transcript
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| 0:00.0 | In prison, the more of a celebrity you are, the less respect you get. |
| 0:05.7 | You're judged on who you are as a person. |
| 0:08.8 | And I like being judged like that because I feel like I'm a pretty okay person. |
| 0:13.3 | People liked me. |
| 0:14.1 | And I was judged on that, not on the Bitcoin stuff. |
| 0:21.1 | This is death, sex, and money. |
| 0:24.4 | He died doing what he loved. |
| 0:25.8 | The show from WNYC about the things we think about a lot. |
| 0:29.1 | Sometimes I don't know if I really, really love him or I have to love him. |
| 0:33.4 | I need to talk about more. |
| 0:35.5 | These people work very hard for their money. |
| 0:38.5 | I'm in a sale. |
| 0:41.6 | Charlie Shrem was a millionaire by the time he was 22 years old. |
| 0:46.4 | Within a few years, he'd lost it all. |
| 0:49.4 | I recently talked to him live on stage in Los Angeles. |
| 0:52.7 | Charlie was an early Bitcoin entrepreneur. |
| 0:55.5 | He co-founded a company called Bit Instant, which helped users convert dollars into Bitcoin. |
| 1:01.5 | Then someone started using that Bitcoin to do illegal things on the internet. |
| 1:06.6 | And Charlie knew about it. |
| 1:08.2 | He was arrested and served a little over a year in prison after a plea deal. |
| 1:12.9 | Now Charlie is 27, and he's rebuilding, not just his bank account. He's left the Orthodox Jewish |
| 1:20.1 | community he grew up in and lives in Florida with his now wife, Courtney. She met him when he was |
... |
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