A crypto story a day until I reach 50 followers โ Day 2 ๐
In 2011, a man named Stefan Thomas received 7,002 Bitcoin for making an educational video.
At the time, it probably seemed like an interesting reward for his work.
But there was a problem: he stored his Bitcoin on an encrypted device and lost the password.
The device, called an IronKey, allowed only 10 attempts to enter the correct password. After that, it would permanently lock access.
Stefan had already used eight attempts.
He had two left.
When this story became public in 2021, those 7,002 BTC were worth tens of millions of dollars.
The most incredible thing is that the Bitcoin were still there. They hadnโt disappeared or been stolen.
Their owner simply couldnโt access them.
In the crypto world, you can have a fortune and still lose access to it.๐
#bitcoin.โ #BTC #HistoriaCripto
In 2011, a man named Stefan Thomas received 7,002 Bitcoin for making an educational video.
At the time, it probably seemed like an interesting reward for his work.
But there was a problem: he stored his Bitcoin on an encrypted device and lost the password.
The device, called an IronKey, allowed only 10 attempts to enter the correct password. After that, it would permanently lock access.
Stefan had already used eight attempts.
He had two left.
When this story became public in 2021, those 7,002 BTC were worth tens of millions of dollars.
The most incredible thing is that the Bitcoin were still there. They hadnโt disappeared or been stolen.
Their owner simply couldnโt access them.
In the crypto world, you can have a fortune and still lose access to it.๐
#bitcoin.โ #BTC #HistoriaCripto