I think (clearly I don’t really know) that you can exchange fractions of a coin. So the value of a whole coin should just keep going up as people trade smaller and smaller fractions of a coin.
The cloud is just a different landlord, it’s the same landfill.
In the docuseries “This Great Beast that is the Global Economy,” the seventh episode highlights a UK midlands bitcoin trader who lost his access code from a hardware failure. The drive the code was stored on was somehow mistakenly thrown out during a drive swap, and sent to the dump, where the owner cannot get permission to dig for it. It was also worth about $60M.
It is entirely possible that the fuz found out he had a bitcoin wallet and asked him for the key. He then concocted the tackle box story so they would not hold him in contempt in hopes to get at the money later.
Plus, data (e.g. a record of passwords) cannot really be said to exist unless it exists in two separate and independent places. See Schofield’s second law of computing.
Schofield’s 3 laws of computing: Schofield’s First Law: never put data into a program unless you can see exactly how to get it out. Schofield’s Second Law: data doesn’t really exist unless you have at least two copies of it. Schofield’s Third Law: the easier it is for you to access your data, the easier it is for someone else to access your data.*
“…workers at the dump told the Irish police force, the gardaí, they
remembered seeing discarded fishing gear.” Bribes at €100 per worker for 15 workers…€1500.
“Collins, 49, has apparently told the gardaí he has come to terms with the
loss…” Outright lie…€0.
“Authorities hope they may some day access them.” Priceless.
And now that they know what it’s worth, remember exactly where they saw the fishing gear, off to China to be destroyed, definitely not sitting there in the corner behind Sean’s desk, nowhere near those brochures about Panama or the Caymans, no, sir.
Um, even imagining getting ink on the bottom of my foot caused a psychosomatic weird jagged tickle / nerve shriek to wrack my right leg in an involuntary spasm of hell no. Just the idea of that electric tattoo gun bzzZZZzzZZZzz anywhere near the soles of my feet is enough to get my shit all twitchy and ready to reflexively kick a motherfucker in the face. On the one hand, thanks for helping me discover a sensation I didn’t know existed. On the other hand, this is knowledge I didn’t in any way need so my gratitude is necessarily somewhat limited.