Story and Wisdom:
Your digital wealth could disappear with a single signal... just like his wealth.
The story of James Howells will chill you to the bone. This ordinary Welshman saw €742 million worth of Bitcoin slip through his fingers due to a simple mistake. Twelve years of struggle. Mountains of waste. A harsh court decision summarizes all the risks of cryptocurrencies.
After 12 years of failed attempts, the man who lost his hard drive containing €742 million in Bitcoin had to finally give up.
In 2010, James Howells sensed the potential of Bitcoin before anyone else. He bought 8000 units for a few cents. A brilliant intuition... until the day his hard drive ended up in a landfill. One click too many while cleaning his desk. A second of inattention.
The value of these lost keys was $4 million in 2013. And $350 million in 2021.
Today, they are worth nearly three-quarters of a billion dollars. One expert says, "It's like throwing a safe full of gold into the sea." For his part, Howells compares it to "burning a Picasso painting without knowing it."
Buy and trade currencies here: $BTC