No Password to Access $240M in Bitcoin

[Graybeard]

Ex-Ripple CTO Can’t Remember Password to Access $240M in Bitcoin

The former chief technology officer of a prominent blockchain company has forgotten the password to a fortune in bitcoin.

Ex-Ripple CTO Can't Remember Password to Access $240M in Bitcoin - CoinDesk

oops ...

 

[Honeybadger]

Ex-Ripple CTO Can’t Remember Password to Access $240M in Bitcoin The former chief technology officer of a prominent blockchain company has forgotten the password to a fortune in bitcoin. Ex-Ripple CTO Can't Remember Password to Access $240M in Bitcoin - CoinDesk oops ...

What a great technology
Forget your password and lose $240 million
There must be a way to verify people?

 

[Graybeard]

nope ... there is no central authority.
It's possible (maybe) with some custodial wallets --should be KYC ID.
In a non-custodial wallet --truly anonymous --nope

 

[randomcash]

No way! Outchhhhh. I mean it's not 10k here geeeee

 

[Honeybadger]

Can you have your own Bitcoin/crypto wallet?
I mean direct, not via 3rd party?