May 14, 2024

This is why we write things down!

Stefan Thomas of San Francisco stands to lose access to $220 million of Bitcoin if he can’t come up to the password for his secured thumb drive.

The absent-minded investor has already exhausted eight of his 10 password attempts and now stands to permanently lose access to 7002 of the digital tokens which are worth nearly $40,000 a piece.



“There were sort of a couple (of) weeks where I was just desperate,” he told KGO Television.  “I don’t have any other word to describe it.  You sort of question your own self worth.  What kind of person loses something that important?”

Luckily, Thomas — who has been locked out of his account for nine years — says he has finally “made peace” with the situation.

According to the New York Times, he’s not alone.

Nearly $140 billion of Bitcoin is currently unaccessible to its rightful owners.

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