Imagine entering the correct password and becoming a multi-millionaire. But if you make a mistake twice, you lose money forever. This is the situation of a programmer named Stefan Thomas.
You’ve been hearing about Bitcoin lately. But maybe you didn’t know that virtual currency has been around since 2008. Which led to a really incredible situation. About 20% of the total existing Bitcoin is lost forever. Bitcoin worth $ 140 billion. This is because many users who bought Bitcoin in the beginning have lost access to the account.
One of the cases is that of Stefan Thomas. An American programmer of German origin who told his story for the New York Times. He bought 7,000 Bitcoin coins in 2011 when it was worth less than $ 100. He would now have $ 240 million. But he can’t sign in to withdraw the money. The password was written on a piece of paper that was lost years ago. He had 10 attempts to guess the password. The first 8 attempts were unsuccessful. And his case is not unique. A few years ago, a Welshman threw away a hard drive that gave him access to 7,500 virtual coins.
“All the files I thought I needed were already on the new computer. The moment I put it in the dumpster at home, I thought for a while. I was thinking, “You haven’t thrown away a hard drive before. Why start now? You shouldn’t do that.” There was a kind of demon in my mind. But I still threw it away, “said James Howells, an IT employee
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