Did James Howells lose his hard drive containing valuable cryptocurrencies?
Lodberg WolffNov 28, 2021 · 3 years ago3 answers
Is it true that James Howells lost his hard drive that contained valuable cryptocurrencies? I heard that he accidentally threw it away and now it's lost forever. Can someone confirm if this is true and if so, what happened to his cryptocurrencies?
3 answers
- Nov 28, 2021 · 3 years agoYes, it is true that James Howells lost his hard drive containing valuable cryptocurrencies. In 2013, he accidentally threw away the hard drive that had his Bitcoin wallet on it. At that time, the value of the lost Bitcoin was around $7.5 million. Unfortunately, the hard drive is now buried in a landfill site in Newport, Wales, and it is highly unlikely that he will ever be able to recover it.
- Nov 28, 2021 · 3 years agoOh man, that's a tough one! James Howells did indeed lose his hard drive with valuable cryptocurrencies on it. It's like losing a winning lottery ticket! Imagine the regret he must feel. It's a cautionary tale for all of us to back up our digital assets properly. Always remember to keep multiple copies of your private keys and store them securely.
- Nov 28, 2021 · 3 years agoYes, James Howells did lose his hard drive containing valuable cryptocurrencies. It's a sad story, but it serves as a reminder of the importance of proper storage and backup for digital assets. At BYDFi, we prioritize the security of our users' funds and encourage everyone to follow best practices to protect their cryptocurrencies.
Related Tags
Hot Questions
- 85
How does cryptocurrency affect my tax return?
- 83
What are the advantages of using cryptocurrency for online transactions?
- 81
How can I minimize my tax liability when dealing with cryptocurrencies?
- 71
What are the tax implications of using cryptocurrency?
- 61
Are there any special tax rules for crypto investors?
- 51
What are the best practices for reporting cryptocurrency on my taxes?
- 39
How can I buy Bitcoin with a credit card?
- 29
What is the future of blockchain technology?