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07 The Drug Trader

May 26, 2022
Dive into the hidden world of underground economies, where a dollar takes unexpected turns. Explore the quirky intersection of creativity and cryptocurrency with a Brooklyn artist-turned-trader. Discover how digital currencies are revolutionizing the drug trade, offering freedom and anonymity. Navigate the challenges faced by those leaving illicit activities, seeking legitimate paths. Uncover the intricacies of Bitcoin transactions, from peer-to-peer deals to navigating regulatory hurdles, revealing a fascinating blend of risk and opportunity.
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ANECDOTE

Silver Coin Hustle

  • Jay used to travel and buy pre-1965 50-cent coins from banks.
  • These coins contained 90% silver, offering a profitable venture.
ANECDOTE

Missed Bitcoin Opportunity

  • Jay was offered 10 Bitcoin in 2012 as payment for a drug deal.
  • Bitcoin's price dropped, and he quickly sold it back, missing out on massive future gains.
ANECDOTE

Hooked on Crypto

  • In 2017, Jay bought Bitcoin during a price spike and got hooked on crypto.
  • He didn't sell at the peak, a common experience for many early investors.
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