In 20 16, a hundred 20 thousand bit coin was worth roughly 71 million dollars. In the year since, that 71 million of bit coin is now worth about four point five billion. The government just grabbed three point six billion of that. There will be some really interesting decisions that you have to make.
A tech investor and his rapper wife were busted for a multi-billion dollar bitcoin heist. They couldn’t really spend any of the money.
This episode was produced by Victoria Chamberlin edited by Matt Collette, engineered by Paul Mounsey, fact-checked by Laura Bullard and hosted by Sean Rameswaram.
Transcript at vox.com/todayexplained
Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts
Learn more about your ad choices. Visit podcastchoices.com/adchoices