🧨 "Lost the password for 7,000 Bitcoins!" – The story of Stefan Thomas 💻🔒
Stefan Thomas, a German programmer living in California, received a reward for work he did in 2011, which was 7,002 Bitcoins.
At that time, it was worth only a few hundred dollars, so he stored it in a digital wallet protected by a password on an encrypted disk called "IronKey."
But the disaster?
Stefan forgot the password, and he only has 10 attempts before the disk is locked forever!
He has already used 8 attempts... and he only has 2 attempts left 😰
Today, these 7,002 Bitcoins are worth over 400 million dollars!
Stefan said in a press interview:
> "I lie in bed and think: what do I do? Then I go for another attempt... and fail, and get frustrated again."
🎓 Lessons from the story:
Keep your private keys and passwords in a safe place (and consider a smart storage system).
Do not underestimate any small amount or currency.
The digital market does not forgive those who forget!
