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San Francisco based programmer Stefan Thomas has over $220 million in Bitcoin locked on an IronKey USB drive. He was paid 7,002 BTC in 2011 for making an educational video, back when it was worth just a few thousand dollars. He lost the password in 2012 and has used...

95,062 просмотров • 5 месяцев назад •via X (Twitter)

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A Norwegian student spent $26 on Bitcoin in 2009 and forgot the password. He cracked it 4 years later. His $26 was worth $886,000. – In 2009 Kristoffer Koch was a 22-year-old student in Norway writing his thesis on encryption and digital privacy. – He stumbled across Bitcoin while researching. Almost no one outside forums had heard of it. – He spent 150 Norwegian kroner about $26.60 and bought 5,000 Bitcoin at less than half a cent each. – Then he forgot about it entirely. – Four years passed. – In April 2013 Bitcoin was suddenly everywhere on the news. The price had exploded past $100. – He vaguely remembered buying some once. He could not find the password. – He spent weeks trying to crack it. – When he finally got in he stared at the screen for a long time. – His 5,000 Bitcoins were now worth $886,000. – He sold exactly one fifth of them 1,000 coins for around $177,000. – He used the money to buy an apartment in Toyen, one of Oslo's most sought-after neighbourhoods. – He kept the other 4,000 Bitcoin. – He told reporters: "It said I had 5,000 Bitcoin and I just thought oh wow." – He had written a university thesis on encryption. His reward for understanding it slightly earlier than everyone else was a free apartment. – The $26.60 he spent in 2009 would be worth over $450 million today. A Norwegian student forgot he owned Bitcoin. Cracked the password 4 years later, sold a fifth of it, and bought an apartment with the proceeds. He kept the rest.

Aisar

209,303 просмотров • 1 месяц назад

Michael Jackson died $500 MILLION in debt in 2009. His estate has earned $3.5 BILLION since and he is still the highest paid musician on earth. > When Jackson died in 2009 creditors were circling and banks were preparing to seize his assets. > His most valuable possession was not his music. It was a decision he made in 1985. > He paid $47.5 MILLION for the ATV Music catalog. > Inside it were the publishing rights to over 4,000 songs including most of The Beatles’ entire catalog. > Paul McCartney had introduced Jackson to the power of music publishing years earlier. > He then watched Jackson use that knowledge to outbid him for the Beatles catalog. > Jackson’s estate paid off every dollar of his $500 MILLION debt using that catalog as leverage. > In 2016 Sony paid the estate $750 MILLION for the ATV stake alone. > In 2024 Sony paid another $600 MILLION for half of his personal masters and publishing rights. > His own mother opposed the deal saying it went against his wishes. The estate sold it anyway. > In 2023 he earned $105 MILLION. More than any living musician in the United States that year. > MJ The Musical is running on Broadway. > Cirque du Soleil has been running a Michael Jackson show in Vegas since 2013. > A biopic starring his nephew premiered in 2026. > An estate lawyer told Forbes: “When it comes to estate earnings it’s MJ, then an enormous canyon, then everybody else.” > He paid $47.5 MILLION for the rights in 1985. Sony has paid $1.3 BILLION to get them back. He has been dead longer than most artists are famous and is still outearning all of them.

Jeremy

4,023,147 просмотров • 1 месяц назад