Prison ID Sells for 11 BTC in Historic Crypto Auction

Using the Bitcoin-only marketplace Scarce City, Ross Ulbricht sold a variety of items tied to his life before and during prison. From a backpack and sleeping bag to notebooks, prison clothing, and paintings, collectors eagerly bid in BTC, driving the total proceeds past $1.8 million.

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The biggest draw? Ulbricht’s final prison ID card, which alone sold for 11 BTC (~$1.1 million). Ulbricht remarked on the photo, saying:

“The guard tried to stop me from smiling — but joy comes from within.”

Collaborative Prison Art and Collector Demand

A collaborative painting made with a fellow inmate named “Omega” sold for 1.01 BTC, while other items included hand-painted works, a prison lock, and handwritten notes.

Participants had to deposit 1% of their bid as collateral. Late bids reset the auction timer, keeping the process transparent and competitive. Bitcoin was the preferred payment method, though smaller bids via PayPal were also accepted. All payments are due by June 2.

Dormant Wallets Hold $47M in BTC

Beyond the auction, Ulbricht may still be linked to significant Bitcoin holdings. Coinbase exec Conor Grogan revealed that around 430 BTC (~$47M) across dormant wallets associated with Ulbricht were never seized by the U.S. government.

Arkham Intelligence backed the claim, identifying 14 wallet addresses linked to Silk Road, one holding over $9 million in BTC alone.

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Speaking on the April 23 episode of the Coin Stories podcast with Natalie Brunell, Miller explained, “It’s really hard to get people to study again after they graduate.” He stated that it takes an average of 50 hours to grasp the fundamentals of Bitcoin.

Hollywood Rewards Those Who “Do Not Think Differently”

Miller criticized the modern attention span, adding, “When you tell someone it’s going to take 50 hours to learn, they immediately back off. They can’t even watch a Netflix series; even watching ‘White Lotus’ takes seven hours and they can’t handle it,” he said.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

The celebrity also argued that the Hollywood system rewards people who conform rather than those who think differently. Therefore, embracing a radical financial shift like Bitcoin is especially difficult for many celebrities.

At a Bitcoin event hosted by Anthony Pompliano, Miller introduced himself as “probably the only celebrity who is a Bitcoiner,” stating, “I can’t really think of anyone else.”

A Hollywood Movie About the Bitcoin Revolution Is Coming

Although several celebrities, including Iggy Azalea, Caitlyn Jenner, and Hailey Welch, have launched their own memecoins in recent years, Miller has consistently advocated genuine Bitcoin education.

He mentioned telling his friends to invest “just 1,000$” in Bitcoin when it was trading between 8,000$ – 12,000$.

Miller is confident that a Bitcoin Revolution film will eventually be made in Hollywood. However, he notes that the story will be complex because “it didn’t happen all at once.” The gradual rise of Bitcoin over many years will make it interesting to see how the narrative is constructed.

TJ Miller hopes to become a trusted figure in the Bitcoin community and help raise greater cultural awareness about the importance of Bitcoin.

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