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SF man who can't remember Bitcoin password says he's 'made peace' with $220M loss

[abc7news.com]

StarvingArtist 7 Jan 14
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7 comments

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0

I would go insane . 🙂

0

What’s $220 mil when you’re having fun! Bitcoin, like the stock market, is a gamble to start with. As with any other form of gambling, loss is part of the game. If I lost the PIN to a $5 gift card, I’d be tearing the house apart trying to find the paper I wrote it on. But that’s just me.

0

Write the damn password on the bottom of your bowling trophy or ice cube tray in freezer any unusual place to protect 220 million so called bitcoin dollars .... if I got all that "money" selling dope there is real karma. CHEECH&CHONG

0

Hmmmm. I use a service to assign and remember most if my passwords. I don't even know them myself. I should definitely back-up those passwords some place in case that service ever becomes unavailable.

4

When I joined the Navy in 1976 I had a huge comic book collection that was a storage hog.
Two years in I gave in and told my parents they were quite valuable and that my younger brother could have them.
I expected him to make significant money, he sold them all at once to a comic store for $50.
I had an inventory and a price book.
If you take your time you can get so much more.
The book said it was worth $135,000 in 1978.
Not that you get full price, but $50!

1

Write it down dummy

1

There have been more stories like this one. There was a dead man with $119 million in Bitcoins which could not be retrieved. I did not lose in multi millions but I have made peace with huge losses in 2000 and 2008.

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