In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.
is this 7970 a reference to Radeon 7970 HD that is a graphics card by AMD released back in 2011? is so, the story is plausible
we have seen many times here in the forum people sharing inspiring stories that sound a bit too good to be true but this one seems really legitimate
The legitimacy of the story should not really be your problem rather the lesson conveyed in the story should. After reading reading the entire story, I got inspired and the same time convinced that I did the right thing getting involved in Bitcoin because I know that in the future, what I'm doing now might just be the best thing I could do for myself. Although I was not too happy with the aspect of the family ditching him when he needed them mots but my consolation is the fact that the man have something to survive on and will be living the rest of his life in comfort and who knows, the children may come back to him when they notice that he is living comfortably.
If this were in my country, 0.48 BTC is a big amount to keep him comfortable for more than a decade. If he even hold some of those funds in Bitcoin, he might realize more money upon the rising of Bitcoin which is something we anticipate.