The idea of forgeting bitcoin passwords and all of that just helps in reducing the total circulation, as that can be said to be a burn just as the guy whose girlsfriend threw away his harddrive containing a 7500 bitcoin. you never really can tell but all these acts of misplacement positively drives the price of bitcoin higher. Although, it isn't a good one for the owner but if he finlly can't get access to his bitcoin then there is definately nothing anyone can do excpet the iron monkey decides to help out.
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