Current Events > Man accidentally threw away $79 million worth of Bitcoin

(+) Yeah! (+)

https://www.news.com.au/finance/economy/man-accidentally-threw-away-79-million-worth-of-bitcoin/news-story/1953c4fabb451cc4944fbd354ea588df

After Matthew Mellon, scion of the Mellon banking fortune, died on April 16 of a drug-related heart attack in Mexico, his family was unable to locate the pass code needed to retrieve his fortune said to have been worth as much as $1 billion in XRP cryptocurrency, according to the Daily Mail. Losing passwords is the kind of nightmare that haunts bitcoin investors. In fact, there are an estimated three million bitcoins totalling nearly $33 billion lost because the retrieval codes have gone missing or the currency owners died without passing the codes onto their next of kin. Just ask James Howells who lost a hard drive with the key to more than $79 million in bitcoin.
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this is a good reminder for me to back up my password thing for my bit coin. i have a printed version of the key saved in a fireproof safe, but i should have more.
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lol
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RIP Man accidently died throwing away $97 million dollars
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If I had that much crypto, I'd write down my passwords and store them in a bank safe deposit box. If I was super paranoid, I'd split the password and use two boxes or encrypt it with a simple key I'd memorize.
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I take back my previous post. After reading this I realize that it isn't funny....
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Open up a few boxes of Monopoly and use that fake money. That one may actually have more real world value anyway.
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That's a massive bummer

xrp the standard
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Really good system where forgetting your passcode means you potentially lost millions

And first of all wouldn't it take him forever to withdraw all the money and it keeps losing value no
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26_Sandman_39 posted...

This was the guy who OD'd and his selfish family was going to sell all his crypto because they thought he was a hack, and therefore would've completely tanked the XRP market?

Good fucking karma for that family then. He's laughing at them in his grave, those petty fucks.

Petty? How?

Are you saying his family is selfish for.....not letting that cash rot? What?
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Christian RULES posted...

RIP Man accidently died throwing away $97 million dollars

LMFAO!!
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26_Sandman_39 posted...

Jerry_Hellyeah posted...

26_Sandman_39 posted...

This was the guy who OD'd and his selfish family was going to sell all his crypto because they thought he was a hack, and therefore would've completely tanked the XRP market?

Good fucking karma for that family then. He's laughing at them in his grave, those petty fucks.

Petty? How?

Are you saying his family is selfish for.....not letting that cash rot? What?

They were fighting over his money after they wanted nothing to do with the crypto world. It's karma.

Sounds like a plot point of a short drama series
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26_Sandman_39 posted...

Jerry_Hellyeah posted...

26_Sandman_39 posted...

This was the guy who OD'd and his selfish family was going to sell all his crypto because they thought he was a hack, and therefore would've completely tanked the XRP market?

Good fucking karma for that family then. He's laughing at them in his grave, those petty fucks.

Petty? How?

Are you saying his family is selfish for.....not letting that cash rot? What?

They were fighting over his money after they wanted nothing to do with the crypto world. It's karma.

If your sibling spent thousands on Beanie Babies, youd just throw them in the trash if they passed away?
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This is a viable currency, guys!
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darkprince45 posted...

Really good system where forgetting your passcode means you potentially lost millions

And first of all wouldn't it take him forever to withdraw all the money and it keeps losing value no

You have no idea how crypto or stocks or anything works lmfao
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This is why you writ down your passwords multiple places, having a back up for important shit is vital.
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Not to mention why e-currency, including debit cards, are dangerous. Ever seen anyone get a stack of $100 bills hacked?

Or locked out of them, since safes nowadays are absolute shit compared to old safes, which were DAMN HEAVY and required a combination?

All that money is in the wind now. Might as well thrown $79,000,000 into the air.

You people just don't get it, do you?

No one ever stole my identity over paper money. You lost it, you were just SOL.
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also...with debit cards...

You can locked out of your own money if you forget exactly which PIN you use, which is today, oversaturated.

Or....it could just be used as credit instead, by anyone that isn't you.
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Except with traditional digital money, it's backed by a bank. There are ways to recover your money there.
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1337toothbrush posted...

Except with traditional digital money, it's backed by a bank. There are ways to recover your money there.

Jumping through hoops, of course. Like when I have to go through extortion just to get my maintenance meds that are "controlled" substances?

They'd sooner let me go through withdrawal on their own shit (which feels like being drunk) before I can get just enough to make it their appointment to actually get it "by law"

of course, my uncontrolled anti-depressants are basically rammed down my throat.
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MI4 REAL posted...

1337toothbrush posted...

Except with traditional digital money, it's backed by a bank. There are ways to recover your money there.

Jumping through hoops, of course. Like when I have to go through extortion just to get my maintenance meds that are "controlled" substances?

They'd sooner let me go through withdrawal on their own shit (which feels like being drunk) before I can get just enough to make it their appointment to actually get it "by law"

of course, my uncontrolled anti-depressants are basically rammed down my throat.

What does that have to do with the bank?
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Jerry_Hellyeah posted...

26_Sandman_39 posted...

Jerry_Hellyeah posted...

26_Sandman_39 posted...

This was the guy who OD'd and his selfish family was going to sell all his crypto because they thought he was a hack, and therefore would've completely tanked the XRP market?

Good fucking karma for that family then. He's laughing at them in his grave, those petty fucks.

Petty? How?

Are you saying his family is selfish for.....not letting that cash rot? What?

They were fighting over his money after they wanted nothing to do with the crypto world. It's karma.

If your sibling spent thousands on Beanie Babies, youd just throw them in the trash if they passed away?

If you're lucky they're sent to thrift stores. I saw a bunch of awards of some dude who ran marathons. On sale to anyone who was willing to pay their labeled price.
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1337toothbrush posted...

MI4 REAL posted...

1337toothbrush posted...

Except with traditional digital money, it's backed by a bank. There are ways to recover your money there.

Jumping through hoops, of course. Like when I have to go through extortion just to get my maintenance meds that are "controlled" substances?

They'd sooner let me go through withdrawal on their own shit (which feels like being drunk) before I can get just enough to make it their appointment to actually get it "by law"

of course, my uncontrolled anti-depressants are basically rammed down my throat.

What does that have to do with the bank?

That jumping through hoops part.
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I can't believe that guy threw away 4300 dollars.
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MI4 REAL posted...

1337toothbrush posted...

MI4 REAL posted...

1337toothbrush posted...

Except with traditional digital money, it's backed by a bank. There are ways to recover your money there.

Jumping through hoops, of course. Like when I have to go through extortion just to get my maintenance meds that are "controlled" substances?

They'd sooner let me go through withdrawal on their own shit (which feels like being drunk) before I can get just enough to make it their appointment to actually get it "by law"

of course, my uncontrolled anti-depressants are basically rammed down my throat.

What does that have to do with the bank?

That jumping through hoops part.

Get help.
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MI4 REAL posted...

also...with debit cards...

You can locked out of your own money if you forget exactly which PIN you use, which is today, oversaturated.

Or....it could just be used as credit instead, by anyone that isn't you.

Those two aren't even remotely comparable.
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Interesting how those posts are 8 seconds apart.
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Jerry_Hellyeah posted...

26_Sandman_39 posted...

Jerry_Hellyeah posted...

26_Sandman_39 posted...

This was the guy who OD'd and his selfish family was going to sell all his crypto because they thought he was a hack, and therefore would've completely tanked the XRP market?

Good fucking karma for that family then. He's laughing at them in his grave, those petty fucks.

Petty? How?

Are you saying his family is selfish for.....not letting that cash rot? What?

They were fighting over his money after they wanted nothing to do with the crypto world. It's karma.

If your sibling spent thousands on Beanie Babies, youd just throw them in the trash if they passed away?

Oh fuck yes beanie babies are stupid
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