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Researchers crack 11-year-old password, recover $3 million in bitcoin (arstechnica.com)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 18 points 5 months ago (11 children)

That's why you gotta laminate your seed phrase, at the very least. And put it somewhere where it will stay for a very long time and that you'll remember (maybe hidden in a certain book, or put a false bottom in a drawer, I dunno get creative). Doesn't matter what you have or don't have on a disk, the Bitcoin isn't on the disk, it was the words you should be protecting.

[–] [email protected] 34 points 5 months ago (3 children)

This was when BTC was like 5 cents and no one had learned this lesson yet.

[–] [email protected] 9 points 5 months ago (1 children)

There's an IDE drive in a landfill somewhere with 10BTC on it because I'm fuckwit.

[–] [email protected] 2 points 5 months ago

There is a guy fighting Newport council to let him dig through a landfill at the moment: https://www.bbc.co.uk/news/uk-wales-67297013

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