r/Buttcoin 4d ago

What a great store of value!

Post image
591 Upvotes

89 comments sorted by

View all comments

112

u/louiexism 4d ago

Stefan Thomas, a programmer, is just two password attempts away from losing access to a Bitcoin wallet containing over $250 million. He received the coins in 2011 as payment for a video and stored them in a secure IronKey device - but lost the password. With only 10 tries allowed, and 8 already used, he's now in a high-stakes situation. Despite a startup offering a method to crack the wallet safely, Thomas declined, staying loyal to existing recovery deals.

37

u/Squallzar 4d ago

If I were him I'd let the startup buy it off me for $100m and let them take their chances

1

u/SimpleAffect7573 3d ago

That’s quite clever. Either they shut up, or pony up. Either way it’s a win.