WARNING: Why I’m Investing in Bitcoin!

3 months ago
11

Tesla's invested $1.5 Billion in Bitcoin... I've invested a little less. Here's why.

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From Business Insider:

"German-born programmer Stefan Thomas made headlines this week after a lost password rendered his bitcoin stash worth $220 million inaccessible.

As Insider earlier reported, the secure hard drive, on which 7,002 bitcoins were stored, was an IronKey device. It gives owners 10 chances to guess their password before encrypting the contents. Thomas only had two attempts left to guess correctly before this situation occurred.

The New York Times initially reported Thomas' plight and quoted him as saying: "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."

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#investing #Bitcoin #crypto

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