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Man who lost $780 million in Bitcoin in a landfill now wants to buy the entire dump before city closes the site (www.tomshardware.com)

submitted 16 hours ago by [email protected] to c/[email protected]

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[–] [email protected] 48 points 13 hours ago (3 children)

Sad story.

That's enough money to have a good life and provide a good life to your loved ones. If he never finds it, he is a crazy man. If he finds it he is a smart man. A normal person can't earn that much in a lifetime. Even a miniscule chance of finding it could drive someone to obsession.

For the sake of his sanity, and for a good story, I hope he finds it, but I doubt he will.

[–] [email protected] 20 points 11 hours ago (1 children)

It's spent like a decade in a rainy landfill in Wales.

Even if he finds it, it's fucked.

[–] [email protected] 5 points 7 hours ago (1 children)

Landfill design is really interesting, and hard drives are very well sealed and aluminum. It would be sitting in a fairly well drained spot, if the seal was not perforated during compaction there's a good chance the platters are readable.

[–] [email protected] 6 points 6 hours ago

Hard drives are not sealed, unless they're helium drives. They have breather holes to equalize pressure, and rubber seals around the data in interface that can degrade.

And that doesn't count being crushed in a garbage truck or other heavy equipment.

[–] [email protected] 25 points 12 hours ago

With his monkey paw luck, he'd find it just as Bitcoin crashes and loses nearly all value somehow

[–] [email protected] 11 points 11 hours ago (1 children)

Check out Rai stones.

Although the ownership of a particular stone might change, the stone itself is rarely moved due to its weight and risk of damage. Thus the physical location of a stone was often not significant: ownership was established by shared agreement and could be transferred even without physical access to the stone. Each large stone had an oral history that included the names of previous owners.

In one instance, a large rai being transported by canoe and outrigger was accidentally dropped and sank to the sea floor. Although it was never seen again, everyone agreed that the rai must still be there, so it continued to be transacted as any other stone.

[–] [email protected] 4 points 6 hours ago

My dad lives on Yap for a few years as a kid. My grandparents had a 2' diameter rai stone until they died. It's with my aunt now.