Post
Topic
Board Bitcoin Discussion
Re: Two guys that have lost their Bitcoins forever
by
hatshepsut93
on 02/10/2023, 22:44:10 UTC
People lost such huge value at today's price because back then those thousands of coins were only worth a few bucks. Would you setup a robust storing system for $5, or would you just write down the words and put the paper somewhere in your room?

But yes, it's a good cautionary tale to illustrate how easy it is to permanently lose coins. Everyone who owns Bitcoin should have many different backups that can't fail all at once.