Post
Topic
Board Bitcoin Discussion
Re: again a Bitcoin millionaire who forgot his password
by
Nikole Fischer
on 13/01/2021, 03:35:52 UTC
Quote
German-born programmer Stefan Thomas told the Times he forgot the password to IronKey, an secure flash drive has access to 7,002 Bitcoin - $220 million worth. IronKey gives users 10 guesses for their passwords before seizing its contents.
"I would just lay in bed and think about it," Thomas told the New York Times Nathaniel Popper. "Then I would go to the computer with some new strategy, and it wouldn't work, and I would be desperate again."

quite surprised by this news because his Bitcoin trapped in his hardware wallet is very much.  Don't underestimate your private key and password, if you haven't prepared the best place (easy to remember and reach) to store your private key and password then do it right now..


https://markets.businessinsider.com/currencies/news/programmer-locked-out-220-million-in-bitcoin-forgotten-password-2021-1-1029961378
This person is very irresponsible. I really don't understand how you could forget to write your private key and password...  Shocked It's such a fail! I think next time he'll remember that he needs to take his password and key seriously...
Ahahaha well, he'll definitely remember to write down the password and key

But guys, be more careful! I absolutely agree with Olivia about being cautious about your private key and password (and other personal data) because such a little thing might create a big problem!!