Posted on 11/26/2024 3:15:58 PM PST by nickcarraway
Could never be around a woman like that ever again. Always see her as the one who threw away 569 million dollars.
Sounds to me like it is his problem and not hers. Why would a reasonable person allow an ex-anything access to something of that value? Why wasn't it already in a safe deposit box?
He should have had that hard drive stored somewhere very safe with what he had on it.
If he had cleared out the stuff himself, this wouldn’t have happened but he begged her to do it for him.
His dumb move.
Do bit coins rely side on your hard disk?
You can have corporate stock sent to your home. The alternative is to keep it “in street name.” Essentially, your stockbroker has a record of your stock ownership. Buying and selling is much, much easier that way. I assumed it worked that way with bitcoin.
It was his fault for letting it out of his sight/control.
Perhaps her smart move.
I thin they were still together at the time, but obviously he should have been a lot more careful.
How is that bit coin working out for him? It is so simple to lose it forever. Where does it end up in the end. No one knows. Someone dies and their fortune can not be inherited if they don’t have “The Wallet”.
Don’t they go to a wallet or something ?
Nice forBitcoin, isn’t it.
They get to keep that money.
They exist as 0s and 1s on the Bitcoin blockchain.
Without the encryption keys to access them, they will remain there until the last Bitcoin server dies.
when this man bought his bitcoin - yes, the bitcoin simply resided on your hard-drive. It was the only way. In 2011, the FBI raided and arrested a man named Ross Ulbricht, a man who created a marketplace for goods, both legal and illegal, which used bitcoin as the currency. He still sits in jail today, and of course the FBI still holds the 28,000 bitcoins they seized.
Now Wall Street has bitcoin ETFs. It shows what the state will do to people who go against their power.
When this Welsh man lost his bitcoin in 2013, the average price was around $100 each.
Now there are many custodians who hold bitcoin for clients, much like stock certificates. while this business was developing, there were many shady actors who might steal or loan-out your bitcoin, or be hacked and have your bitcoin stolen.
Never trust a woman with a hyphenated last name.
Actually I think that converts to 715 million dollars.
Roman/ Viking/ English gold coins are commonly dug up, buried, some naked, for thousands of years. When found, they are worth $$$ millions. Bury your USD paper and Bitcoin, when unearthed years from now- they will be worth zero.
Think about what wealth is, has been, and will be….for 5,000 years. Bitcoin is nothing more than the Dutch tulips which were once considered “ money”.
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