A San Francisco man who can’t figure out his password to access his $240 million worth of bitcoin says he’s “made peace” with the loss, believing he will never gain access to his fortune.
Stefan Thomas has tried 8 of the maximum 10 attempts allowed to unlock a small hard drive that contains the private keys to a digital wallet that holds his 7,002 Bitcoins without success.
In an initial interview with The New York Times when the story went viral last week, Thomas said “I would just lay in bed and think about it. “Then I would go to the computer with some new strategy, and it wouldn’t work, and I would be desperate again.”
“The whole idea of being your own bank – let me put it this way, do you make your own shoes?”, he said.
But in a new interview with KGO-TV, the German-born computer programmer said he used to be “desperate” to get into his thumb drive.
“There were sort of a couple weeks where I was just desperate, I don’t have any other word to describe it,” Thomas said, recalling how he felt when he first learned he couldn’t find his password years ago. “You sort of question your own self-worth. What kind of person loses something that important?”
But he has “made peace” with the loss, despite bitcoin’s value flying like a rocket each day since last year. Bitcoin reached $40,000 per dollar on Thursday. “Time heals all wounds,” Thomas said.
“It was actually a really big milestone in my life where, like, I sort of realized how I was going to define my self-worth going forward,” he said. “It wasn’t going to be about how much money I have in my bank account,” he said.
Thomas said since his first interview with The New York Times, hundreds of people around the world have reached out to him with advice — some serious and others silly.
“One person suggested, have you tried the word ‘password’?” he joked. “Some people have recommended various mediums, psychics, prophets that I could talk to. Some people are suggesting nootropic memory enhancing drugs.”
So far, he has not done any of the above or taken anyone up on it.
Thomas is now advising everyone to avoid making the same mistake he made. He said if you do get a digital wallet make sure you have a plan to secure and remember your password!
Read our previous story about this here