Post
Topic
Board Bitcoin Discussion
Re: Owner of 8K bitcoin lost in landfill threatens to bankrupt local council
by
LesterD
on 19/02/2024, 14:51:12 UTC
https://protos.com/owner-of-8k-bitcoin-lost-in-landfill-threatens-to-bankrupt-local-council/

I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.  Shocked
This has nothing to do with Bitcoin as it is entirely the person's fault. If the man had kept his keys in a well-protected place or at home, this would never have happened and he had completely forgotten about it. If he had kept his key/seed phrase stored in a safe place in his home, he would never have lost so much money. It's really stupid to forget the keys to a wallet with so much money, and it would be completely wrong for this person to blame or pressure the city council for this. Although he has lost a large amount of money, he may have suffered a lot for which he is blaming others. But it is not right to blame someone else for his own mistakes surely he will understand when he is in full health. He may be mentally broken because of losing a lot of money but later he will surely understand and then he will not blame anyone but he will realize his own fault.

Of course it would have been best if the keys were written down on a piece of paper or in a notebook, this would never have happened if the pictures were in a safe place. A sane normal person cannot live with a simple mind because he has lost bitcoins. And it's true that any person will go crazy after losing 8k bitcoins because the current value of bitcoins is huge. That's why it's best to keep the keys of any wallet in a safe place.

The owner of the lost Bitcoins most likely did not anticipate Bitcoin's current high value like everyone else. If they had purchased it 10 years ago, they may have considered its value too low to expect the significant increase we see today. Unfortunately, the owner did not take any safety measures to recover the lost Bitcoins, as they disposed of the hard wallet without any backup.