Peter Schiff reported a loss of access to his Bitcoin wallet. Location of private keys unknown

Well-known Bitcoin critic Peter Schiff said that he lost access to all his coins because his password tothe wallet is no longer valid. For what reasons this happened, the financial expert was at a loss to give an answer, saying only that the wallet was compromised.

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“I just lost all the bitcoins thatowned. My wallet was somehow compromised and the password is no longer valid. So now my bitcoins not only do not have any intrinsic value, they do not have market value either. I knew that having bitcoins was a bad idea, but I never suspected it was so bad! ”&#8212; Schiff tweeted Sunday.

The economist's record has collected numerous retweetsand comments, among which the main idea was that it is impossible to lose access to bitcoins as long as the user has a backup of private keys stored in a safe place.

Anthony Pompliano, co-founder of Morgan Creek Digital investment company, also offered his help in regaining access to the wallet, but his dialogue with Schiff seems to have come to a standstill.

So, to the question of Pompliano about whether we are talking abouta forgotten password by analogy with e-mail, Schiff advised him to carefully read his original tweet again, adding that it was his “wallet forgot password”.

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Anthony Pompliano reasonably remarked that the software only executes the commands that a person gives him and cannot “forget” anything

In response, Peter Schiff added that the head of ShapeShift, Eric Vorhes, opened the wallet for him, and even he, according to him, can do nothing.

Schiff refused further discussion, but after a while wrote a new tweet:

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“Since all the bitcoins in this compromisedMy wallet was presented to me; their loss is not a big tragedy. God gave, God took, and this is especially applicable to Bitcoin. My plan was to walk and go with the flow. The difference is that my ship sank before Bitcoin, "&#8212; he added.

It’s not yet clear what kind of provider Peter Schiff says about the wallet, there is no answer to the question about where the copy of the private keys is located, there were no comments from Eric Vorhes either.

Recall Schiff repeatedly questionedthe value of bitcoin as a protective asset, stating that nothing in this context can be compared to traditional gold. Last summer, the aforementioned Anthony Pompliano decided to introduce him to the cryptocurrency closer by giving some bitcoins.