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This man is worth $480 MILLION and can’t access a single dollar on his wallet
He is an early Bitcoin dev who worked on some of the first tools in the space
Back in 2011, he got paid 7,002 BTC for making a simple “What is Bitcoin?” video
At the time, it was only worth $2000-$3000
He stored the bitcoin on a super secure USB called an IronKey, Wrote the password down on paper and then later lost it
To make the matter worse, he deleted his backup copies, The drive only gives you 10 tries before it locks forever and already used 8
So now he has 2 guesses left to unlock $480 MILLION+💀
The Bitcoin is still sitting there untouched locked away in a Swiss bank vault for safekeeping
A company even offered to crack it for him, He said no, basically over $480 MILLION+ is sitting there idle
He’s two password away from life changing money or permanent loss
Perfect example of how one small mistake in crypto can cost everything