this post was submitted on 18 Oct 2024
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[–] tofubl@discuss.tchncs.de 50 points 1 month ago (20 children)
[–] overload@sopuli.xyz 114 points 1 month ago* (last edited 1 month ago) (17 children)

This is such a monkeys paw. You have a drive with $500 million USD of Bitcoin, but the drive is somewhere in the local landfill.

Such a curse, I can't imagine the regret they feel every day getting up for work.

After 10 years though, isn't it just gone/destroyed? Rain/corrosion would have destroyed the drive by now.

[–] FlashMobOfOne@lemmy.world 14 points 1 month ago* (last edited 1 month ago) (3 children)

I have a friend in NY who lost a thumb drive with bitcoin on it in 2011. Every year or two he goes a little nuts and searches his entire apartment for it, but obviously has never found it. I think he threw it away and doesn't remember, but the exercise of searching helps him exorcise the demons.

I put about 10% of my investment portfolio in bitcoin, personally. It's way too volatile, at least for me, to go in big, but I can trust that every 3-4 years people are going to go insane buying it and the price will spike. If you're already invested you can benefit.

[–] dwindling7373@feddit.it 13 points 1 month ago (1 children)

10% of your portfolio is big.

[–] FlashMobOfOne@lemmy.world 7 points 1 month ago

I s'pose.

But compared to the silly geese who take an extra mortgage out to dump into crypto every time it hits an ATH, it's nothing.

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