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A young man forgets the password to his bitcoin wallet, which may contain as much as $ 60,000

Colombia, Distrito Capital de Bogotá, Bogotá
Published 2 years ago
ID #1047
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A young man forgets the password to his bitcoin wallet, which may contain as much as $ 60,000
Colombia, Distrito Capital de Bogotá, Bogotá,
Published 2 years ago

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"I've done my best, I can't get the password, that's all," the man lamented.

A 27-year-old paralegal named Dylan forgot the password he put 9 years ago on his bitcoin wallet, which can now hold between $ 50,000 and $ 60,000, the young man confessed to Vice.

Dylan acquired his first cryptocurrencies in 2013 because he wanted to make some purchases on the 'darknet', the hidden part of the web, not indexed by search engines. The user had several digital wallets that he "literally forgot" after spending a certain time. Only "six years later, when the first cryptocurrency boom happened," the young man decided to get back the bitcoins he had.

"I lost the password for one of my wallets, but then I found the password for the other. The sum increased by 10,000%. There wasn't much [money] there, but it was significant growth," Dylan said. "Also, I had some dogecoins. I'm not a fan of Elon Musk, really, but I saw that he had posted something on Twitter [about dogecoins], that's why I bought them. They also went off."

Dylan admitted to making about $ 8,500 after investing just $ 60 years ago. He had no special strategy on investing him, he just left it there.

When addressing the issue of his winnings in the other wallet of the lost password, the man assures that for now the sum can reach between 50,000 and 60,000 dollars. "I've done my best, I can't get the password, that's all," Dylan lamented.

On his possible return to the virtual currency market, Dylan was strongly against during the interview. "It is too volatile and horrible for the environment considering all the mining [of cryptocurrencies] that takes place. It is not my interest. At this point, this all seems like a collective fraud," confesses the young man.

To conclude, Dylan stressed that, in his opinion, digital currencies could never replace conventional money. The business world would not accept a virtual currency as a form of income, although he did not rule out the possibility that small businesses could turn to cryptocurrency transactions from time to time.


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    Colombia, Distrito Capital de Bogotá, Bogotá
    Bogota Cl 34 Megacali