Bitcoin owner whose story went viral after he lost his wallet password says he has 'made peace' with potential $220 million loss
- As Insider earlier reported, Stefan Thomas had 7,002 bitcoins stored on a secure hard drive.
- The German programmer now says "time heals all wounds" and that he is at peace, reports KGO-TV.
- Thomas told previously told The New York Times he had been left questioning his self-worth.
German-born programmer Stefan Thomas made headlines this week after a lost password rendered his
A potential loss of that magnitude makes "you sort of question your own self-worth," he added. On Saturday, the stash was worth about $220 million, but as bitcoin prices surged this year, it had been valued above $240 million.Read more: Bitcoin slides back below $35,000 in volatile trading week
After his story went viral, he gave another interview to KGO-TV, telling the station "time heals all wounds" and that he had made peace with his potential loss.He added: "It was actually a really big milestone in my life where, like, I sort of realized how I was going to define my self-worth going forward. It wasn't going to be about how much money I have in my bank account."
Thomas, a programmer who now lives in San Francisco, is one of several bitcoin owners who have been locked out of their wallets. This has left a large amount of Bitcoins collectively worth $140 million unable to be retrieved. In another case, a Welsh man says he says he threw away a hard drive loaded with 7,500 bitcoin in 2013. He is offering his council $70 million to dig it up from the city dump.
Bitcoin recently surged back above $40,000, despite European Central Bank boss Christine Lagarde calls for more regulation the day before. On Friday, it slid below $35,000 at the end of a week of volatile trading.
- No offline exams up to Class 8 in Delhi govt schools
- CBSE board reduces syllabus for Class 10 social science exam
- 3rd Test: Axar Patel takes six wickets as India bowl out England for 112
- Promises made in Rajasthan govt budget will be fulfilled by robust financial management: CM Gehlot
- On his 100th test, Ishant Sharma is only next to Kapil Dev among Indian fast bowlers