Time heals all wounds

Programmer at peace with losing $300m Bitcoin fortune

A San Francisco programmer locked out of his $300 million Bitcoin fortune because he can't remember a password has been bombarded with advice since news of his misfortune went worldwide.

Stefan Thomas has only two of 10 password attempts left to crack the code or he will lose 7002 Bitcoins forever.

Appearing to have consigned himself to never recovering the $303 million stash, Mr Thomas said he had long ago "made peace" with his likely reality.

He has been unable to remember his password to a small hard drive, known as an IronKey, which contains the critical private keys to Mr Thomas' digital wallet.

If unlocked, the digital wallet is where the 7002 Bitcoin are stored.

After his story went viral last week, he has had advice on how to get the password from hackers and well-meaning public, some logical, some chemical, some mystical.

"One person suggested, have you tried the word 'password'?" he told US news outlet, KGO-TV.

"Some people have recommended various mediums, psychics, prophets that I could talk to. Some people are suggesting nootropic memory enhancing drugs."

He has not taken up any of the offers, including the help of hackers who claim they can break into the IronKey for a slice of the fortune.

Mr Thomas said "time heals all wounds", but it has taken some years to come to terms with his probable loss.

"There were sort of a couple weeks where I was just desperate, I don't have any other word to describe it," he said.

"You sort of question your own self-worth.

What kind of person loses something that important?"

Perhaps the best-known case of anyone losing their Bitcoin fortune was James Howells, a Welsh IT worker, who in 2013 unintentionally threw 7500 Bitcoin in a landfill.

Mr Howells' Bitcoin would also be worth more than a quarter-billion-dollars on today's rate.

He tossed his hard drive, where his Bitcoin private keys were stored, into a rubbish bin which was dumped at Newport, South Wales.

PS. In our blog pages we got hidden links where you can earn cryptocurrency for free.

Comments

Cryptocurrencies Adding to the Safety and Security in the UK Gambling Industry

These are exciting times for the UK gambling industry. The impact of internet technology is now being felt with online gambling now controlling the industry. The adoption of cutting-edge technology is reasonable for the boom in the industry. From live casinos, mobile apps to artificial intelligence, incredible trends continue shaping the gambling industry. However, it is the rise of cryptocurrency casinos that seeks to redefine UK gambling. Many operators now include crypto coins such as bitcoin, Ethereum and Litecoin as part of their banking methods. Others offer exclusive bitcoin payments and promotions based on digital tokens. This revolutionary trend has a huge impact due to enhanced safety and security on these platforms. Players looking for peace of mind when playing online now opt to use cryptocurrencies. This post looks at how cryptos guarantee the safety and security of players at online casinos. How Cryptocurrency Gambling Works There’s a lot of talk about cryptocurrency,

Will Solana (SOL) Be the Shining Star of the Bull Market?

About 250,000 to 700,000 SOL have been sold daily by FTX for the last three weeks. SOL’s price jumped above $60, as GSOL’s premium also increased. While the price may retrace, it may not take long before SOL hits $70. Despite being a notable casualty of the FTX contagion in 2022, Solana (SOL) has defied all odds in 2023, as the price continues to outshine its peers. In the last 30 days, the value of SOL has increased by 180%, rising as high as $62 on November 11. However, the rising price of SOL is not the only interesting thing the token has shown by the token. For a token that was once described as dead, it has shown tremendous strength. Coin Edition came to this conclusion because of a post by trader Bluntz Capital. The Big Players Are Here According to Bluntz, FTX, after getting the go-ahead to liquidate its assets, has been selling around 250,000 to 700,000 daily for the last three weeks. Regardless of the sales, SOL has failed to nosedive. Rather, the price has chosen the upside

Terra Classic Community Passes Major Constructive Proposal, LUNC And USTC To $1?

The Terra Luna Classic community has passed another key proposal as they prepare for a revival of Terra Luna Classic (LUNC) and repeg USTC stablecoin to $1. The proposal aimed at having a guideline for a pay-per-job approach on the Terra Classic chain as core developer L1TF goes into maintenance mode for Q4. Meanwhile, the community is also collaborating on other fronts to keep LUNC and USTC above key support levels as traders started booking profits amid the latest pullback in the crypto market. Terra Luna Classic Passes Pay Per Job Proposal Proposal 11889 “Pay-per-job and governance-ruled Job List” has passed successfully. The proposal deemed the monthly model of roadmap and payment planning as suboptimal and plans to switch to a pay-per-job model. The proposal has received 91.99% “Yes” votes, with others mostly voting “Abstain”. The community believes it will optimize compensation structure, provide flexibility and transparency, boost community engagement, and risk mitigation. A

Crypto Ethone

Search This Blog