• @[email protected]
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    372 years ago

    The bitcoin isn’t stored on the harddrive, it’s on the bitcoin blockchain, but he stored the key needed to access it on only that one harddrive. Without that no-one can access it.

    • @[email protected]
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      82 years ago

      That makes a lot more sense. Presumably you can back up the key however you like to avoid situations like this?

      • @[email protected]
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        132 years ago

        Absolutely, but do mske sure the backups are secure, anyone with access to them can move those bitcoins.

      • @[email protected]
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        42 years ago

        You can. However, it’s easy to not bother, particularly when bit coin were a few pence each. Now the price is sky high, it’s suddenly worth millions.

    • @[email protected]
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      52 years ago

      So TLDR, he stored the password or an equivalent to the password on a hard drive, and this password is needed to access the Bitcoin