Time heals all wounds : Stefan Thomas loses password to Bitcoin worth $220 million, makes peace with loss
Despite Thomas Bitcoin wealth, he forgot his password and he has already made eight unsuccessful attempts to unlock the encryption device.
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Updated: Jan 17, 2021, 11:22 PM IST
Stefan Thomas, a man who forgot the password needed to unlock his $220 million Bitcoin, said that he has made peace with the unfortunate situation.
He said that time heals all wounds , adding that in initial couple of weeks, he was desperate , and questioned his self-worth after the loss. It was actually a really big milestone in my life where, like, I sort of realized how I was going to define my self-worth going forward. It wasn t going to be about how much money I have in my bank account, he said.
»This Man Has Rs 1,800 Crore in Bitcoin, But Can t Get a Penny as He Lost His Password
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This Man Has Rs 1,800 Crore in Bitcoin, But Can t Get a Penny as He Lost His Password
Representative illustration of Bitcoin, one of the most lucrative and riskiest way to shore up your money today. (Image: Getty Images)
Imagine knowing that an insurmountable amount of wealth is lying inside a hard drive sitting right beside your bedside table, but the Bitcoin pitfalls mean you can’t touch any of it.
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Bitcoin has always been an enigma. While some have been major supporters of the decentralised digital currency that is built to be beyond any form of regulation, many have criticised it for its apparently clear lack of stability and the distinct security risks that it represents. As investing in Bitcoin today has grown into something very elaborate and worthy of long hours of strategising, early investors in the cryptocurrency did not have so much to fear. Today, thoug