Yikes!

[yyz]

https://www.cnn.com/2025/02/14/uk/james-howells-landfill-bitcoin-gbr-intl-scli/index.html

 

[kickserv]

 

[MadJack]

Hard to believe that nobody connected to the dump hasn't searched for it over the last 10+ years. They have a description of what to look for. Whoever is footing the bill for $70 million must be nuts.

 

[Snafu]

Good luck finding that hard drive and even better luck getting that info out of the hard drive that has been years and years under acid/alkaline water and chemicals...

 

[MadJack]

better luck getting that info out of the hard drive that has been years and years under acid/alkaline water and chemicals

That's another thing. Good luck!

 

[Snafu]

I think this guy tries to scam people to join him with £££ and share the possible profit...

 

[yyz]

Where does the $800m go?

 

[MadJack]

Where does the $800m go?

Nowhere. It's just out there in space.

 

[MadJack]

They estimate that about 13% is lost and will never be recovered That's like $270 billion.

 

[yyz]

Nowhere. It's just out there in space.

Bullshit. SOMEONE has to get it. It doesn't just evaporate!

 

[MadJack]

Bullshit. SOMEONE has to get it. It doesn't just evaporate!

It’s gone.

 

[yyz]

It’s gone.

Ok. How about this. Every person gets locked out of their bitcoin. Effectively no bit coin exists anymore. Who controls the money that bought all that bitcoin?

 

[MadJack]

Ok. How about this. Every person gets locked out of their bitcoin. Effectively no bit coin exists anymore. Who controls the money that bought all that bitcoin?

Then I guess about $3 trillion disappears into thin air. I'd be fuked.

 

[MadJack]

What would happen if the internet went down permanently?