#FedHODL
The lost fortune of 8,000 BTC
In 2013, James Howells, a computer engineer from Wales, accidentally threw away a hard drive containing 8,000 BTC. At that time, its value was insignificant, but over time it surpassed 500 million dollars. Desperate to recover it, Howells has attempted to excavate in the Newport landfill, but authorities have rejected him, citing environmental risks.
This case serves as a reminder that in Bitcoin, losing your keys means losing your money forever. It is estimated that 20% of the total supply of BTC is in inaccessible wallets. While some dream of finding these digital treasures, others see them as an effective reduction of supply, driving up the value of BTC in circulation.