# Cracking a $2 million crypto wallet - The Verge

<https://www.theverge.com/2022/1/24/22898712/crypto-hardware-wallet-hacking-lost-bitcoin-ethereum-nft>

- Host: [theverge.com](https://links.thingelstad.xyz/hosts/theverge.com/)
- Saved: January 26, 2022 (2022-01-27T03:15:58Z)
- Record: https://links.thingelstad.xyz/links/b154672b8310/
- JSON: https://links.thingelstad.xyz/links/b154672b8310.json

## What Jamie wrote

The issue of "lost coins" is a real one. Knowing how hard it is for people to even keep digital photos around, I worry that self-custody of digital money is just too difficult. Relying on "crypto banks" may be a much better answer for most people.

It also raises one issue with Bitcoin that I don't have a good answer for… over time more and more Bitcoin will be lost. The keys will be irretrievably gone. How do you handle this loss in a mathematically finite system like Bitcoin. Over time, the coins get more valuable just because of the lost coins. But it is also very hard to identify a lost coin…

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT209: Weekly Thing #209 / PGP, Soulbound, Mosey](https://weekly.thingelstad.com/archive/209/), Notable

## Same host

- [Netflix Games starts global rollout on Android, with iOS ‘on the way’ - The Verge](https://links.thingelstad.xyz/links/e918ac28cce8/) (theverge.com, November 4, 2021)
- [Watch these Excel pros duke it out in a financial modeling competition - The Verge](https://links.thingelstad.xyz/links/d13a0b34e312/) (theverge.com, December 15, 2021)
- [Twitter brings NFTs to the timeline as hexagon-shaped profile pictures - The Verge](https://links.thingelstad.xyz/links/4568bf0010a8/) (theverge.com, January 20, 2022)
- [Twitter is launching a Tor-friendly version of its site - The Verge](https://links.thingelstad.xyz/links/72c12b8859e3/) (theverge.com, March 8, 2022)
- [Stephen Wilhite, creator of the GIF, has died - The Verge](https://links.thingelstad.xyz/links/570e0138ef92/) (theverge.com, March 24, 2022)

## Saved the same week

- [Better Results in your Home Gym, 22](https://links.thingelstad.xyz/links/6ca52fae97bd/) (blog.strategicedge.co.uk, January 26, 2022)
- [Google kills FLoC, unveils new plan to replace tracking cookies — here's how it works | Tom's Guide](https://links.thingelstad.xyz/links/3f3c80c558bb/) (tomsguide.com, January 26, 2022)
- [systemd by example - the systemd playground](https://links.thingelstad.xyz/links/beb0efc639a4/) (systemd-by-example.com, January 26, 2022)
- [Soulbound](https://links.thingelstad.xyz/links/0bed041245c5/) (vitalik.ca, January 26, 2022)
- [My new job at Hearst](https://links.thingelstad.xyz/links/4cfc2296b881/) (rajiv.com, January 26, 2022)

## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://www.theverge.com/2022/1/24/22898712/crypto-hardware-wallet-hacking-lost-bitcoin-ethereum-nft