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The original was posted on /r/cryptocurrency by /u/theteenysyntax on 2023-08-11 14:41:27.

US journalist Mark Frauenfelder (now 62yo) lost access to his wallet containing btcs purchased in early 2016 for 3k dollars, a little more than seven bitcoins in total (yes 7).

When he saw BTC going up and up non stop, he happily purchased the Trezor hardware wallet. He wrote the 24-word password on a piece of paper and placed a desk in a secluded drawer.

Because of his work, he had to fly to Japan with his wife. Since he was smart (obviously not), he decided to put his seed phrase under the pillow of his daughter in case something happens to the spouses, then let the bitcoins go to the children.

Upon returning home, he didn’t find the seed and realized that the houses were cleaned, and the note was thrown into the trash. No matter how hard he tried, he couldn’t remember the words.

Doing the maths, he would have over 220k dollars.

He got an Instagram, just look for his name.

I can see many wrong things with his actions: * why write one a single piece of paper and not more? * of all places in a house, under his daughter’s pillow? Really?