Posted on 07/02/2021 1:09:00 PM PDT by SeekAndFind
A major bitcoin investor has suddenly died, leaving behind a cryptocurrency fortune reportedly worth more than $2 billion.
Mircea Popescu, a Romanian national, drowned last week off the coast of Costa Rica, local reports said. He was 41.
Popescu drowned at Playa Hermosa, according to Teletica.com, which reported that Popescu was swept away by the current and died.
His death has prompted questions surrounding what will now happen to Popescu's enormous bitcoin fortune.
Popescu, a controversial figure sometimes referred to as "the father of bitcoin toxicity," is known for launching a "bitcoin securities exchange" called MPEx in 2012, according to Bitcoin magazine.
"The website was once an early breeding ground for early bitcoin IPOs, a practice that earned him the ire of the US Securities and Exchange Commission, an agency whose power he took no shortage of joy in openly undermining," the magazine said.
Popescu generated "an aggressive brand of unapologetic bitcoin evangelism that made his influence enduring despite documented instances of sexism, bigotry and anti-semitism," Bitcoin Magazine said.
He has claimed to hold 1 million bitcoins, though some have estimated that he had tens of thousands of coins.
(Excerpt) Read more at msn.com ...
Sounds like Arkancide to me.
That was Ted Bundy who got “swept away by the current” in old sparky.
Costa Rican rip tides are bad. A good friend of mine’s wife drown on Christmas Day in one — right in front of him and their two young daughters.
“Hope his heirs know where his private keys are, otherwise that wealth will evaporate into nothing.”
This may be the downfall of BTC. Over time, BTC is lost forever. Sometimes in big chunks. Sometimes in little. It has a fixed maximum amount of BTC.
Eventually there will be only one BTC left that the owner can get to.
So you can take it with you!
Yeh, thats the ticket. 😏
This is the OPPOSITE of stockholder dilution. Well, in theory.
Looking forward to what Babylon Bee can do with it.
Without the private keys to the wallets, the heirs got jack.
Most wallets lock out permanently after 1-n attempts to get in.
$2 billion in 0’s and 1’s. Should be easy to collect.
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