
“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
Related posts:
‘Six Californias’ plan doable, could be on November ballot
A Surprising Health Insurance Option For Those Who Refuse ObamaCare
Gold Bears Pull $20.8 Billion as BlackRock Says Buy
First Midwest Bitcoin Kiosk to Be Installed in Spring?
Ontario slashes Samsung green energy deal by $3.7 billion
Cop's victim gets $795K after sexual assault in back seat of police car
When Unpaid Student Loan Bills Mean Being Banned From Working
Pennsylvania tax collector sold weed outside courthouse
Feats of Bridge-Building Bravura
Silent Circle's latest app democratizes encryption. Governments won't be happy.
U.S. Postal Service to cut Saturday delivery
The European Parliament Threatens To Break Up Google
Greek government loses track of, asks again for stolen Swiss account data
Swiss bank UBS pays $50 million to settle SEC charges from 2007 financial meltdown
Google’s Schmidt Sees Encryption Killing Censorship