Computer programmer forgets password – gets locked out of $220m Bitcoin wallet
Stefan Thomas, a German computer programmer living in San Francisco, can’t remember his password. If he can, Thomas gain control of the 7,002 bitcoin on his IronKey hard drive. But he can’t. He has two attempts left before he reaches his quota of 10 password attempts before the drive locks him out permanently and encrypts the content – leaving his $220 million virtual fortune gone.
“There were sort of a couple weeks where I was just desperate – I don’t have any other word to describe it,” Thomas told KGO-TV. “You sort of question your own self-worth: ‘What kind of person loses something that important?'”
File under: cash is king.
Spotter: NYT
Previously: Newport man throws away £210m Bitcoin hard drive
Posted: 16th, January 2021 | In: Key Posts, Money, Technology Comment | TrackBack | Permalink
