Authored by Alex Cohen via CoinTelegraph.com,
On Jan. 19, famous crypto skeptic and gold bug Peter Schiff claimed on Twitter that he has lost access to his Bitcoin wallet and that his password is no longer valid.
Schiff added that his BTC is now intrinsically worthless and has no market value. He also added that:
“I knew owning Bitcoin was a bad idea, I just never realized it was this bad!”
Getting to the bottom of the issue
After Schiff tweeted about his loss, the crypto community was quick to jump to the rescue. For example, co-founder and partner at Morgan Creek Digital Anthony Pompliano responding by asking if he forgot his password, to which Schiff has responded that, “My wallet forgot my password.”
http://www.zerohedge.com/crypto/peter-schiff-i-just-lost-all-bitcoin-i-have-ever-owned?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29