How The Guy Who Lost The Password To $220 Million Bitcoin Fortune Overcame A ‘Decade Of Regret’ To Find Peace

iStockphoto / Composite


In July of 2018, I left my polarized Ray Bans at Spumoni Gardens pizza joint in Brooklyn and a part of me still hates myself for it, among other mindless mistakes I’ve made in my pathetic excuse for a life.

Now, when I wallow in the depths of self-hatred, I will remind myself that Stefan Thomas exists.

Stefan, as I’m sure you’ve heard by now, lost the password to a thumb drive called IronKey that contains keys to 7,002 bitcoin worth $220 million.

The German-born programmer living in San Francisco has used 8 of the 10 password attempts allowed by the thumb drive, and has come up empty-handed every time: “I would just lay in bed and think about it,” Thomas told the New York Times. “Then I would go to the computer with some new strategy, and it wouldn’t work, and I would be desperate again.”

[Related: A Man Who Threw Away $275 Million In Bitcoin Is Offering To Give Away $70 Million If He Can Find The Hard Drive In A Landfill]

Now, as the last grains of potential riches slip through his helpless fingers, Thomas claims his desperation has morphed into serenity.

In an interview with KGO-TV, he said that the mere thought of losing that much money had previously made him “sort of question your own self-worth.” He has since “made peace” with the fact 7,002 bitcoin at $40,000 apiece will likely be forever locked behind a series of keystrokes.

“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.”

Thomas somehow managed to say this without breaking down in tears.

https://twitter.com/rgay/status/1349475191533944832?s=20

Thank you for the input, Roxane. Would you also like to kick him in the nuts with a steel-toed boot?

 

Matt Keohan Avatar
Matt’s love of writing was born during a sixth grade assembly when it was announced that his essay titled “Why Drugs Are Bad” had taken first prize in D.A.R.E.’s grade-wide contest. The anti-drug people gave him a $50 savings bond for his brave contribution to crime-fighting, and upon the bond’s maturity 10 years later, he used it to buy his very first bag of marijuana.