A San Francisco man has amassed a Bitcoin fortune worth over $240 million – if only he could remember his password.
Programmer Stefan Thomas has the Bitcoin stored on a hard drive ‘digital wallet’. But he lost the password years ago, and has already used 8 of his 10 login attempts before the hard drive seizes up permanently.
Thomas told the New York Times that he “would just lay in bed and think about it.”
A German programmer has 2 chances to guess the password to his hard drive correctly, or he'll lose $220 million https://t.co/cPW6AFedms
— Business Insider (@businessinsider) January 12, 2021
The price of Bitcoin has surged by more than 50 percent in just the last month – but some estimate that as much as 20% of the world’s Bitcoin holdings are inaccessible due to lost passwords.
Have you invested in Bitcoin or any other cryptocurrency? Do you trust it?
