The Bitcoin bungler – a salutary tale

“I looked at the Bitcoin exchange rate – now pushing towards $900 in the latest extraordinary bubble – and realised it had turned into a rather big investment.  But then I remembered what I’d done with the phone containing the currency. Wanting to make sure it was somewhere I could get easier access, I’d transferred almost my entire Bitcoin holding to a new wallet on another phone that I was testing back in the summer. Then, a few weeks ago, I offered this phone – supplied by the manufacturer – as a prize in a charity fundraising effort. And before handing it over to the winner I had of course restored it to factory settings, wiping all of my personal data and apps, including my Bitcoin Wallet.”

http://www.bbc.co.uk/news/technology-25120902

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