50 Bitcoins Move

On Security Now, Leo Laporte and Steve Gibson talk about the sudden movement of an old bitcoin wallet.
For the full episode, go to: twit.tv/sn/981
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TWiT.tv is a technology podcasting network located in the San Francisco Bay Area with the #1 ranked technology podcast This Week in Tech hosted by Leo Laporte. Every week we produce over 30 hours of content on a variety of programs including Tech News Weekly, MacBreak Weekly, This Week in Google, Windows Weekly, Security Now, and more.

[@clarencewiles963]

How many people have lost their passwords and their accounts? Leo?

[@Charlie-phlezk]

This is common.

[@jawi499]

10 years to break someone’s password. That is about right.

[@bubbles581]

I feel ya i had about $25 worth of bitcoin back in like 2010. On some long gone hard drive.

[@blahblahuserrandomnameblahb]

Steve is not the only person who lost bitcoin now worth millions of dollars, the majority of bitcoin more than a third of them are lost. So there was literally thousands of people who lost millions of dollars each World wide. The coins were worth almost nothing at the time and the current excessive valuation is only a testament to the bubble we're in.

[@Charlie-phlezk]

@1:57 July 14, 2010 "just months after the Bitcoin network launched." It launched in January of 2009. So yeah, I guess 16 months is "just months" 😂