Peter Schiff reported he lost access to his Bitcoin wallet

in crypto •  5 years ago 

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Well-known Bitcoin critic Peter Schiff told that he had lost access to all his coins, as his wallet password is no longer valid.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

On Sunday, Schiff wrote on Twitter that at that moment he lost all the bitcoins he owned. As he suggests, his wallet was somehow compromised and the password was no longer valid. So now his bitcoins not only do not have any intrinsic value, they do not have market value either. He notes that he knew: having bitcoins was a bad idea, but never suspected it was so bad.

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