It's Really Annoying When You Drop A Tenner Isn't It?

[ToraToraTora]

https://www.bbc.co.uk/news/articles/cgr0dyy152jo

spare a thought for this guy......

[Arksided]

I always thought Bit-Coin was a scam anyway.... he obviously plays too many on line games... that's all it were ever worth.

[ynnafymmi]

@18.10.Thats what i was thinking Alba,is this guy some sort of an eccentric millionaire?Is he the Northampton version of Bill Gates?

[Old_Geezer]

Some seem unclear. Bitcoins are initially earned by running stuff on a PC, and were much lower value at the start. He didn't spend £4M, he will have "mined" for them.

 

And, no, electronic money isn't physical, you can't put it in your pocket. Like you can't put your credit card money in your pocket. It's all figures on your screen that others are willing to trust. (So a bit like banknotes in that respect, it's all trust.)

[davebro3]

he was probly on drugs

[Arksided]

When I first heard of it, it was like old pyramid type scam... 

But he's lost so much money in investing in on line stuff, I'm not investesing in a bit-coin loser.

[albaqwerty]

Having just spoken with one of me sons, his opinion of the guy made me spltter, it was the same 3 words Arky used!

 

[Arksided]

Hi Alba, one of my Brothers is a computer programmer, I know the old joke... so pleased he almost fell for it.

[ynnafymmi]

"its all trust"...A massive bluudy con more like.

[Arksided]

Indeed !

[CrapatCryptics2]

I guess he never heard of backups.

[Canary42]

He claims." They [the council] are currently, in my opinion, withholding my property without my consent"

What a bloody idiot - he gave his consent when he put it in the bin for them to collect.  If he's telling the truth (which I have serious doubts about), then he really is an absolute plonker.

I am reminded of a verse from Lonnie Donnegan's old song from the Sixties, My Old Man's a Dustman  :-

Now, one day while in a hurry
He missed a lady's bin
He hadn't gone but a few yards
When she chased after him
"What game do you think you're playing"
She cried right from the heart
"You missed me, am I too late?"
"No, jump up on the cart!"

Perhaps this guy should follow suit 😀

 

 

[davebro3]

The guy's frustration is understandable but if it really was worth £4 million when he threw it away that's just stupidity.

(I'm not sure bitcoin can be classed as a scam. If something has limited availablity it acquires value. Most of the gold in the world just sits unused in vaults but still is valued.)

[barry1010]

This is reported every few years, probably the third time I've read his story.

[davebro3]

I'd not seen the £4 million valuation previously. I thought he got rid when bitcoin was very low.