He's a libertarian radio personality who is a gold-bug and has been campaigning against bitcoin for years because he fears that it's convenience as digital gold will depress the demand for actual gold.
The surprise was that he owned any bitcoin at all. And then he was obviously trying the trope of "see how easy it is to lose bitcoin".
That's why he got so much publicity in the mainstream press.
I wonder whether he really lost/forgot the credentials he had to put in the password field or he did all this to intentionally place Bitcoin in a bad spot publicly but did not expect the entire community to negatively react against his statement.
Although the mistake was only his, he keeps blaming Bitcoin and its community response for his actions. The only thing I don't understand is.. is Peter so important that we should discuss everywhere on the forum about him? Like let's be serious, I care 0% about this guy.
-snip
and it is a total of less than $2000 which is not even an investment, but gifts.
Peter Schiff Net Worth is $70 million, and for those who want to see the bigger picture, I suggest reading the following
article.
Wait. Was it around $2000? The guy who set his wallet up said it was a $50 gift.