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A Conversation With a Dogecoin Millionaire: An Update

This week, The Daily is revisiting some of our favorite episodes of the year and checking in on what has happened in the time since they first ran. This episode contains strong language. Dogecoin started out as a kind of inside joke in the world of cryptocurrency. However, earlier this year, it quickly became, for some, a very serious path to wealth. Today, we return to the unlikely story of a 33-year-old who bought the cryptocurrency and became a millionaire in the process, to see what he has lost or gained in the time since. Guest: Kevin Roose, a technology columnist for The New York Times.
Duration
36m
Broadcast on
29 Dec 2021
Audio Format
other

This week, The Daily is revisiting some of our favorite episodes of the year and checking in on what has happened in the time since they first ran.

This episode contains strong language.

Dogecoin started out as a kind of inside joke in the world of cryptocurrency. However, earlier this year, it quickly became, for some, a very serious path to wealth.

Today, we return to the unlikely story of a 33-year-old who bought the cryptocurrency and became a millionaire in the process, to see what he has lost or gained in the time since.

Guest: Kevin Roose, a technology columnist for The New York Times. 

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For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. 

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

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This podcast is supported by TikTok. Sometimes the most interesting discoveries are the ones you weren't looking for. That happens every day on TikTok. A science experiment can spark a whole new interest. A recipe you stumble upon can become a meal you make for the people you love. And a restaurant you've never heard of might become your new favorite spot. That's the thing about TikTok. Follow your curiosity and see where it leads. Your next discovery is waiting on TikTok. Hey, it's Michael. This week, the Daily is revisiting some of our favorite episodes of the year and hearing what's happened in the time since they first ran. Today, we return to the unlikely story of a 33-year-old who bought a cryptocurrency and tended to be a meme and became a millionaire in the process to find out what he's lost or gained in the time since. It's Wednesday, December 29th. ♪♪♪ So, Kevin, the last time we spoke with you, you had quite improbably made $750,000 by selling a picture of your column in the form of a non-fungible token. So, what have you been up to since then? Well, quick update. The value of cryptocurrency has skyrocketed in the time since that episode. So, the NFT that I sold is actually now worth about $1.4 million. Show off. Again, I don't get to keep it. I am a fake cryptocurrency millionaire, but there you go. So, I've kind of moved on from NFTs, but I've stayed very interested in the world of cryptocurrency. And for the last few weeks, there's been one giant story in the world of cryptocurrency. And that is the story of Dogecoin. ♪♪♪ A positively dogged rise that says here in the price of Dogecoin. Dogecoin has been everywhere. It's total value. It stands at $86 billion more than FedEx. Every time I open my TikTok feed, there's like a video about Dogecoin. ♪♪♪ Every time I go on Twitter, there are people talking about it. I have friends that I haven't talked to in years, like texting me about whether or not they should invest in it.

Transcription truncated.

This week, The Daily is revisiting some of our favorite episodes of the year and checking in on what has happened in the time since they first ran. This episode contains strong language. Dogecoin started out as a kind of inside joke in the world of cryptocurrency. However, earlier this year, it quickly became, for some, a very serious path to wealth. Today, we return to the unlikely story of a 33-year-old who bought the cryptocurrency and became a millionaire in the process, to see what he has lost or gained in the time since. Guest: Kevin Roose, a technology columnist for The New York Times.