What could be worse than having so much money in your possession and still finding yourself helpless when it comes to extracting it? Although cryptocurrencies are extremely convenient assets to keep, yet they tend to become a problem when it comes to remembering passwords.
Therefore, people tend to keep the passwords to their devices, wallets and accounts in the password managers to make their lives easier. The real problem comes in when a person in possession of the passwords ends up misplacing them or forgets the password to their system, causing even more problems.
A similar kind of case has taken place with a programmer that was born in Germany but currently lives in San Francisco. It seems that being too excited about the rise in the price of Bitcoin (BTC), the programmer has ended up forgetting the password to his Bitcoin (BTC) wallet.
The programmer recently shared his concern and worry about the lost password and is keeping the crypto-community up-to-date with the progress. He has confirmed that he has already used 8 out of 10 attempts for accessing the crypto-wallet. The programmer informed that it is not the wallet that he is unable to access, it is his computer hard drive he is unable to access.
The programmer confirmed that all the passwords for the wallets and the keys are stored in the hard drive and he has forgotten the password to it. Now he has only 2 attempts left before he gets completely locked out of the drive and loses his Bitcoin (BTC) forever.
The programmer informed the crypto-community that in the hard drive he has private keys for a large number of Bitcoin (BTC). He informed that he has a total of 7,002 BTC, which at the time of publishing translates into $267 million. But the real problem is that the programmer will only be able to translate them once he gains access to them.
According to the sources, the name of the programmer is Stefan Thomas who possesses a hard drive that is called an IronKey. Thomas has revealed that he has these Bitcoin (BTC) under his possession for a very long time. When he acquired the IronKey, he had the password for the drive written on a piece of paper, which according to him, he lost a year back.
The programmer has informed that if he provides the wrong password in the remaining attempts, it would turn into the unluckiest day of his life. If the remaining password attempts are wrong as well, then the drive will encrypt the content in it forever.
So far, all 8 attempts made by the programmer have gone to waste, and now the entire cryptocurrency community’s hopes are that he somehow manages to access his drive.