this post was submitted on 15 Mar 2024
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[โ€“] [email protected] 3 points 6 months ago (1 children)

I had 9 bitcoin in 2011. Still can't remember the password.

[โ€“] [email protected] 1 points 6 months ago

Hah. I stored mine in a password less local wallet; I honestly can't remember if encrypted wallets were available when I got mine - at the time, Satoshi was still giving out coins for free if you emailed them. Really, really lucky choice, because I then completely forgot I had any for 10 years until they popped up in the public news. I'd been copying ~ from computer to new computer reflexively for that entire time... it was utter luck that, when I went to check, sure enough ~/.bitcoin was there, with a positive wallet balance. Not enough to retire, but enough to be able to retire a couple of years early.

It's encrypted now, and I unlock it every once in a while to ensure I can, but I'm otherwise still ignoring it. As an investment, it's done far better than any other of my $ invested in the stock market, bond, IRA, or 401k... but I think as a get-rich-quick scheme, it's been over-rated.