Downvoters: Ok so how should he correctly remember that huge password that unlocks his $240m (7,500 BTC) wallet with in 2 attempts? Pen and paper? All from memory?
Next time use a password manager. Period.
Downvoters: Ok so how should he correctly remember that huge password that unlocks his $240m (7,500 BTC) wallet with in 2 attempts? Pen and paper? All from memory?
Next time use a password manager. Period.
It sucks that people are learning the hard way of their incredibly secure but unrecoverable methods. It's also a shame that there are probably countless instances of this and so a considerable amount of bitcoin is just totally lost and out of circulation, permanently.
Unless you own a bunch of btc, then it's deflation.
Though yeah, very sad.
Password managers are good advice for 99% of use cases. Protecting an asset worth hundreds of millions is a bit of a special case and you shouldn't follow the same advice as if you were trying to protect your hacker news login credentials.