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Charlie Shrem, founder of Bitcoin–the electronic currency intended to operate under a strictly deregulated free market–was placed under house arrest for charges of laundering at least $1 million worth of criminals’ Bitcoins on the Silk Road. So what does a genius entrepreneurial mind do while “locked up” in his parent’s house in New York? Naturally, he’s been getting wasted and binging on Netflix.
Jim Edwards of Business Insider interviewed Shrem about his time in the three-bedroom slammer. Shrem’s responses didn’t sound like those of the CEO of BitInstant, but rather more like an average, depressed PGP reader who had a free weekend to whatever he pleased:
“My friends are here a lot and I’m getting a lot of free stuff. People are sending me a lot of alcohol gifts, which is good. I’m trying to make the best of it–I’m learning some new languages, I’m working out a lot every day and watching Netflix–a lot. Just trying to keeping my spirits up.”
The first question that popped into your mind while reading this was, “Alcohol gifts? Please explain, Nard Dawg.” Well, apparently, friends and colleagues of Shrem have dropped by the house to get honest feedback on business operations and plans. He didn’t mention anyone stopping in just to say hello or catch up on old times, but if anyone needs business advice, Shrem says:
“Just bring me a six-pack and I’m yours for an hour.”
Sounds good to me. Shrem maintains his innocence as this reporter speculates he is currently flying through season two of “House of Cards” for the second time.
[via Business Insider]
Respond
“What’s a bitcoin?” – Every person in my office over the age of 30
Shrem founded BitInstant, an exchange to buy (and sell maybe?) Bitcoins with MoneyGram cash transfers. Satoshi Nakamoto founded Bitcoin as a currency, Charlie Shrem just founded one of the many exchanges that have now disintegrated.
You are correct, sir. That’s my bad.