They called bitcoin as,
The world’s most popular digital currency really is nothing more than an abstraction. So we’re destroying the private key used by our Bitcon wallet.
https://web.archive.org/web/20170223144508/https://www.wired.com/2013/05/butterfly_live/Damn, it's now worth almost
$550 million at the current price:
Bitcoin address:
1BYsmmrrfTQ1qm7KcrSLxnX7SaKQREPYFP
They have deleted the articles already, but its good that it has been archived.
Just include this to the millions of bitcoins that has been lost already, making the supply really that scarce. And we can only speculate what's going on their mind seeing the latest bull run.

Was only worth 550 thousand at that time.
It's still there. 13.34690781 BTC
https://www.blockchain.com/explorer/addresses/btc/1BYsmmrrfTQ1qm7KcrSLxnX7SaKQREPYFPNow worth about 1.4 million.
Such a waste to just delete the key. They should have donated the bitcoin like they suggested to keep it in circulation.