INCREDIBLE!!! He forgot the password to his wallet with over 🤑 7000 $BTC
Stefan Thomas is a German programmer known for losing access to a fortune in Bitcoin.
In 2011, he received 7,002 Bitcoins as payment for creating an explanatory video about this cryptocurrency. At that time, its value was low, so he stored the coins in a digital wallet protected by a password on a device called IronKey.
The problem arose because Stefan forgot the password to his device. IronKey only allows ten attempts before permanently locking access, and he has already failed in eight attempts. If he cannot remember the password, he will lose access to the Bitcoins, which have increased exponentially in value (estimated to be worth hundreds of millions of dollars).
Despite the potential loss, Thomas has stated that this experience helped him reflect on the value of non-material things and his relationship with money. His story has generated worldwide interest and underscores the risks of cryptocurrencies when not managed properly.