My First Million

From Coder to Cartel Boss - The Jeff Bezos of Organized Crime

23 snips
Apr 14, 2022
Explore the intriguing life of Paul Le Roux, a coder turned drug lord, who capitalized on the online drug trade. Discover his connections to Bitcoin and the early skepticism surrounding digital currency. The discussion also highlights Peter Thiel's thoughts on cryptocurrency and the allure of crime in media. Delve into the lessons from the PayPal mafia on risk-taking and company culture, plus innovative travel solutions and social media's impact on real estate investing.
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ANECDOTE

From Coder to Criminal Mastermind

  • Paul Le Roux, a computer whiz, built a massive online pharmaceutical empire, RX Limited, netting hundreds of millions.
  • He later became an arms dealer, worked with drug lords, and aspired to rule a nation, before being imprisoned.
INSIGHT

Digital Footprints of Criminals

  • Online criminal records, like emails and blog posts, offer fascinating insights into their minds and operations.
  • Studying these records, like Satoshi Nakamoto's blog, reveals early Bitcoin adopters' thoughts and beliefs.
INSIGHT

Peter Thiel's Bitcoin Prediction

  • Peter Thiel's 1999 prediction of a decentralized currency on cell phones, years before Bitcoin or widespread smartphone adoption, demonstrates remarkable foresight.
  • This emphasizes the importance of recognizing potential in seemingly niche or early-stage technologies.
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