How you can loose all you bitcoins from real people stories

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Hi guys, in this article i will try to show you how easy is to loose all your bitcoins and a way to protect them.

1st story https://www.businessinsider.com/bitcoin-owner-who-lost-password-made-peace-potentially-huge-loss-2021-1

The programmer which his name is Stefan Tomas (German who lives in San Francisco) lost 7002 bitcoins a value about 220 million dollars (it had reached 240 million dollars) that the bitcoins were stored at a secure hard disk (Iron Key device) that gives you 10 tries to find the password before encrypting the content.

2nd story https://www.businessinsider.com/man-offers-council-70-million-dig-up-bitcoin-hard-drive-2021-1

In 2013 the programmer James Howell threw away a hard disk that had 7500 bitcoins.

He has offered at  the Newport's ( Wales) local council has offered 70 millions f it allows him to excavate a landfill in the place he believes he can find the hard disk. But the local council has not accepted this solution.

 

So for me opinion another choice, that it is also a lesser risky is to have your coins at on line exchanges like COINBASE etc.

 

PS the photo was taken from https://fortune.com/2017/11/25/lost-bitcoins/

 

 

 

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