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A detailed guide on how to lose all your Bitcoin investments

Published 03/19/2022, 10:17 AM
Updated 03/19/2022, 12:00 PM
© Reuters.

Let’s say you want to lose your Bitcoin (BTC) totally, irretrievably and forever. Hey, it’s not our place to wonder why. Maybe it’s part of some elaborate performance art piece, like the guy who destroyed all his possessions or perhaps you’ve always been big fans of electronic music outfit The KLF, who famously burned 1 million pounds on a remote Scottish island. Or, your reason might be more mundane and you simply don’t want your soon-to-be-divorced spouse to get their share of the investment you both know you own.

Whatever your reason, we’re not here to judge. And, while we’re usually in the business of helping people protect their coins, it’s easy enough to reverse engineer security to help you lose them in the fastest and easiest way possible.

Jameson Lopp has been actively building in the Bitcoin space since 2015 and has become one of the most respected voices in the Bitcoin developer community. He was previously an engineer at BitGo, developing its high-grade multisig custody service before joining Casa, a company providing secure wallets and plug-in-play infrastructure solutions for Bitcoin.

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