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Bitcoin => Bitcoin Discussion => Topic started by: KiaKia on March 13, 2025, 11:09:06 AM



Title: He saved himself, or BTC saved him??
Post by: KiaKia on March 13, 2025, 11:09:06 AM
I never thought I would witness something like this unfold in real life, especially close to home.

I have an uncle who has always loved technology. That's all I really knew about him when I was younger. He was a government worker at the time, and everything seemed fine. He was married with two kids, and life was going well until he had an accident.

The accident cost him both of his legs. Since then, his wife took over everything, and they moved far away from us, which caused our relationship to fade. Now, all we do is talk on the phone.

The last time I heard anything about him was when my mom told me that his wife had divorced him. He had no money or means to take care of his family which lead to the divorce but he did do something right.

In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.

A few days ago, he called my mom, saying he needed to speak to me. I later got in touch with him, and he asked me how to import his BTC private key. He said, "Do you remember that I mined Bitcoin with the 7970?" I replied yes, and he mentioned he didn't know how to import the key.

He was quite sure that he had something left in the wallet. After helping him out, I discovered he had 0.48 BTC in there. This has saved him, I believe. He wanted to send me something as a thank-you, but I refused because he needed the money more than I did.

His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.

Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.


Title: Re: He saved himself, or BTC saved him??
Post by: Reatim on March 13, 2025, 11:20:15 AM
In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.
is this 7970 a reference to Radeon 7970 HD that is a graphics card by AMD released back in 2011? is so, the story is plausible

we have seen many times here in the forum people sharing inspiring stories that sound a bit too good to be true but this one seems really legitimate
Quote
He was quite sure that he had something left in the wallet. After helping him out, I discovered he had 0.48 BTC in there. This has saved him, I believe. He wanted to send me something as a thank-you, but I refused because he needed the money more than I did.
yeah 0.48 back then would have been very cheap but now it is almost $40k usd with the price of bitcoin now it’s really fortunate that he was able to still access his bitcoin because a lot of people were not able to do so anymore due to carelessness and lack of technological knowledge


Title: Re: He saved himself, or BTC saved him??
Post by: Churchillvv on March 13, 2025, 11:24:58 AM
 I will say that "Bitcoin didn't save him" rather he saved him
self through Bitcoin"

The story only tells one thing which is "plan for your unforseen circumstances" Emergency funds, Reserved funds, Retirement plans etc you should have them ready to speak for you at every stance.

Also have it in mind that nobody owes you nothing, not even your kids, trying to put your life in their hands as your investment is only a matter of responsibility but your bank, your kids are not bank or investment that will save you from crashing situations.


Title: Re: He saved himself, or BTC saved him??
Post by: Catenaccio on March 13, 2025, 11:25:30 AM
In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.

A few days ago, he called my mom, saying he needed to speak to me. I later got in touch with him, and he asked me how to import his BTC private key. He said, "Do you remember that I mined Bitcoin with the 7970?" I replied yes, and he mentioned he didn't know how to import the key.
It can be this graphic card.
https://www.techpowerup.com/gpu-specs/radeon-hd-7970.c296

The time of its launch is quite fit with your uncle's early mining activity.
Quote
The Radeon HD 7970 was a high-end graphics card by AMD, launched on December 22nd, 2011

If he can mine bitcoin, I think he is technical enough to search on how to import Bitcoin private key, and do it by himself.

He can try with this guide.
Importing your private keys into Electrum. (https://bitcoinelectrum.com/importing-your-private-keys-into-electrum/)

Depends on script types, he has to use either one of three formats.
p2pkh:privatekey for address starts with 1
p2wpkh-p2sh:privatekey for address starts with 3
p2wpkh:privatekey for address starts with bc1

Because it is in 2011, the first format can be used as there was no 3 and bc1 address types in 2011.


Title: Re: He saved himself, or BTC saved him??
Post by: Frankolala on March 13, 2025, 11:43:54 AM

If he can mine bitcoin, I think he is technical enough to search on how to import Bitcoin private key, and do it by himself.
A lot has changed since 2011 till now in wallets. OP has already helped him out and that was why the man called his nephew the OP. This is another motivation for people to invest in bitcoin and hodli for long. You don't know what that your little $5,$10 and so on will accumulate to in future. It might be what will be your back bone when all hope is lost. Start investing in bitcoin, if you haven't.


Title: Re: He saved himself, or BTC saved him??
Post by: Despairo on March 13, 2025, 11:44:46 AM
He saved himself because he mined the coins and still have the seed phrase. I would say BTC saved him if someone donate him with Bitcoin.

Now look, that's why most people choose to not share their seed phrase to anyone.

It looks stupid and pointless to have a lot of money but you didn't inherit your money to anyone else, but what if you experience like the uncle from @OP story? his wife divorce him and there's no child looking back at him.

Imagine working for 20 years, have a big responsibility and get pressure by your wife everyday, even you've tried your best to reach your wife standard, once you failed and almost have no way to comeback, they can easily abandon you alone.

Who do you entrust your seeds to?
Family (parents, children, spouse, husband ...)    - 10 (35.7%)
a friend / friends    - 0 (0%)
administration (bank, notary, etc.)    - 2 (7.1%)
nobody    - 16 (57.1%)
   
Total Voters: 25


Title: Re: He saved himself, or BTC saved him??
Post by: Dr.Bitcoin_Strange on March 13, 2025, 11:50:15 AM
Sometimes too, it might not be that the children doesn't want to take care of their parents but the question is, are they themselves financially stable enough to be able to extend a helping hand to their parents or anyone else? Maybe the son doesn't have enough to sustain himself before thinking of the dad or perhaps the wife have turned them against him. Parents have needs to also plan for their own future after retirement or in case of any bad situation, so that they will still have something to fall back at.


Title: Re: He saved himself, or BTC saved him??
Post by: Marvelockg on March 13, 2025, 11:50:24 AM
i bet at the time of mining the bitcoin, he possibly did not know that a time as this will come when the little thing he did years back will turn out to become something really good and of high value like what he currently own now. his case might just be a case of investing without knowing that you have actually invested but it still has a valuable lesson in it, and it is that investing for the future can save you in a manner you least expect.

to have 0.48BTC you never thought is still available is something that is enough to change a lot about the way he lives the rest of his life regardless of his health condition. with that amount, the latter end of his life won't be as boring and devastating as it should have been even with the absent of his children. bitcoin in combination with fate actually saved him.


Title: Re: He saved himself, or BTC saved him??
Post by: JoyMarsha on March 13, 2025, 12:12:21 PM
This is a clear reminder that we should always have our future at heart in whatever we do. Don't let taking care of your family's needs and wants make you not think of your own self in the future. What will you hold onto for financial support when you're old. Those you labor for won't be there for you as always; they have their own life to live, as you have yours.

It is better to begin on time to have that thought in mind so that you won't be caught off-guard when unknown circumstances happen before or during old age. Because the investment you made for yourself is totally yours unless you choose to give away the ownership to someone else. Apart from that you are the sole owner of it. That will be what will save you when everyone leaves or you are no longer strong enough to provide for yourself


Title: Re: He saved himself, or BTC saved him??
Post by: Marvell1 on March 13, 2025, 12:25:26 PM
Sometimes too, it might not be that the children doesn't want to take care of their parents but the question is, are they themselves financially stable enough to be able to extend a helping hand to their parents or anyone else? Maybe the son doesn't have enough to sustain himself before thinking of the dad or perhaps the wife have turned them against him. Parents have needs to also plan for their own future after retirement or in case of any bad situation, so that they will still have something to fall back at.



If you think that only when you are financially stable or rich, you will think about repaying your parents. I bet you will never repay your parents because you can't be sure when you will be rich and whether your parents will wait for you until then. To me, personal finances are not a reason or barrier that prevents us from showing filial piety to our parents. Because parents don't need you to give them a lot of money, what they need is for you to be there for them no matter what happens.

Through this story, we are reminded that we should always have a backup plan for ourselves instead of thinking that we can rely on our loved ones. But I will not lose faith or doubt my loved ones because of this story. The world will have this person and that person and the man in this story is just the unlucky one.

In my village and those 3 people are my close friends. Their father is sick and bedridden but his wife and 3 children have taken care of him for more than 15 years without a single complaint. They were willing to sacrifice their youth to take care of their sick father, which shows that not everyone is as cruel and heartless as the wife and children in OP's story.


Title: Re: He saved himself, or BTC saved him??
Post by: 348Judah on March 13, 2025, 12:40:24 PM
Just know that everyone cannot be in the same condition of your brother, all women cannot be the same as well, we don't know what the wife has already planted in the heart of the children against their Dad, also, not everything is about money, we need affection, love, care and have to be compassionate, but it's a pity that not all the people have all these on their minds, she thinks she's a smart, but if the man could proof them all wrong, then he should decide to marry another woman and then invest heavily on her, make her reputable and also teach her about bitcoin, this could change the entire story around till the news got to the family and they feels bad and intimidated.


Title: Re: He saved himself, or BTC saved him??
Post by: GideonGono on March 13, 2025, 12:49:16 PM
I will say that "Bitcoin didn't save him" rather he saved him
self through Bitcoin"

The story only tells one thing which is "plan for your unforseen circumstances" Emergency funds, Reserved funds, Retirement plans etc you should have them ready to speak for you at every stance.
Yes it is important to secure your future, save as much as you can, invest as much as you can while you can earning.
Always have a back up plan when it comes to financial matters, don't settle for single income, have as much as you can handle.

Also have it in mind that nobody owes you nothing, not even your kids, trying to put your life in their hands as your investment is only a matter of responsibility but your bank, your kids are not bank or investment that will save you from crashing situations.
Many parents have done this or still doing it, making their kids as an investment or retirement funds.
This tradition should be cut down, cause parents are responsible for their kids future and it isn't an investment that should give them ROI when their kids started to earn.


Title: Re: He saved himself, or BTC saved him??
Post by: Davidvictorson on March 13, 2025, 01:52:10 PM
The moral of the story for me is to start early. You may not understand it then but just start. In the early days of bitcoin mining bitcoin wasn't so popular in my country. And at the time it became popular, the cost of kicking it off was discouraging because aside the purchase of the equipment, you have to factor in the operation cost that would be incurred. In those day, a better option was buying bitcoin. Those who bought it then bought them cheap and held for a long time without getting distracted with getting into trading or hold. It was simply buy and hold. It paid off. They became rich.


Title: Re: He saved himself, or BTC saved him??
Post by: Majestic-milf on March 13, 2025, 02:15:32 PM
The moral of the story for me is to start early. You may not understand it then but just start. In the early days of bitcoin mining bitcoin wasn't so popular in my country. And at the time it became popular, the cost of kicking it off was discouraging because aside the purchase of the equipment, you have to factor in the operation cost that would be incurred. In those day, a better option was buying bitcoin. Those who bought it then bought them cheap and held for a long time without getting distracted with getting into trading or hold. It was simply buy and hold. It paid off. They became rich.
You're right. Who knew if the uncle had started mining Bitcoin as a hobby back then and may have been told to leave it but good thing he continued on with this. It's sad that the wife had to wait for a bad situation to hit him before she left him which just went on to tell us that she had been with him just because things were all rosy and sweet.
 I also believe that the uncle saved himself by thinking ahead by venturing into Bitcoin mining as I'm sure it wasn't that costly during his time unlike now where to get a good mining equipment will cost a lot.


Title: Re: He saved himself, or BTC saved him??
Post by: KiaKia on March 13, 2025, 02:27:14 PM
He saved himself because he mined the coins and still have the seed phrase. I would say BTC saved him if someone donate him with Bitcoin.

Now look, that's why most people choose to not share their seed phrase to anyone.

It looks stupid and pointless to have a lot of money but you didn't inherit your money to anyone else, but what if you experience like the uncle from @OP story? his wife divorce him and there's no child looking back at him.

Imagine working for 20 years, have a big responsibility and get pressure by your wife everyday, even you've tried your best to reach your wife standard, once you failed and almost have no way to comeback, they can easily abandon you alone.

Who do you entrust your seeds to?
Family (parents, children, spouse, husband ...)    - 10 (35.7%)
a friend / friends    - 0 (0%)
administration (bank, notary, etc.)    - 2 (7.1%)
nobody    - 16 (57.1%)
   
Total Voters: 25

The comments I've seen here are making me feel even sadder; reality hits differently, brother.

You can never predict what the end will be. Men are facing a lot in this world, and it would be wise for them to look deep before making decisions. I believe my uncle must have seen some warning signs but chose to ignore them.

This is why my father used to say it's sometimes better to act as if you're really down for your family—so you can see who truly cares. Most people don't genuinely care; they only pretend to because of what they can still gain from you.

Men are often valued based on what they provide, and I’m tired of this mentality. This is why I’ve chosen to help men; they need support more than women do. Society often shows pity for women while telling men to "man up," as if they don't realize that men face many challenges too.

What happened to my uncle opened my eyes. Some family members revealed their true colors after the incident too, he is just lucky that he mined the BTC and still have his key, many lost theirs as years go by.


Title: Re: He saved himself, or BTC saved him??
Post by: Tungbulu on March 13, 2025, 02:38:32 PM
That’s one crazy story. I hear stuffs like this happening everyday, this is one of the reasons I’m always of the opinion that, if not for unforeseen circumstances and the fact that no one knows what tomorrow holds, that’s it’s best to have an emergency fund somewhere that only you know, even if you’ll have other investments that your wife or family will be aware, one should still have a locked up savings or investment somewhere only he knows. Things happen everyday, and sometimes we don’t even know who to trust, even with our finances. So the best thing I believe is to prepare for the best as well as the worst possible scenarios. Now just imagine what would’ve happened to your uncle if he didn’t have that BTC locked up somewhere, and I can bet that his wife before divorcing him, didn’t know about the BTC.


Title: Re: He saved himself, or BTC saved him??
Post by: YOSHIE on March 13, 2025, 02:45:14 PM
He saved himself, or BTC saved him??
It's a life lesson that cannot be said in words, I am sad to hear the story of your uncle's life, hopefully he is given fortitude and patience in living his daily life with physical limitations due to accidents.

Life is indeed full of challenges, wife is not a definite hope for us, what else is the wife who loves us because of money, not my love, but your uncle is bitcoin saved He is where he is difficult from the economic side, especially for his daily needs now he already has more and less ($39,365) in Bitcoin, he never imagined before, I thought Good personal key Walled he was found when his wife left him, maybe another story if he found when he was with his wife.

This means that with the money in Bitcoin as long as he trades bitcoin, it has saved her child and your uncle covering her needs, I am sure if Money of ($39,365) is made for business, maybe the future will be better from the economic side, it is signed by God that has saved your uncle through Bitcoin.


Title: Re: He saved himself, or BTC saved him??
Post by: noviesol on March 13, 2025, 02:45:33 PM
It’s a tough situation, and while 0.48 BTC might not fix everything, it’s comforting to have a little extra, especially when things seem to be falling apart. It won’t bring back what’s been lost, but at least it gives you one less thing to worry about.


Title: Re: He saved himself, or BTC saved him??
Post by: AprilioMP on March 13, 2025, 02:57:57 PM
I always read happily every story related to Bitcoin. The more stories for me it gives me an idea of ​​how people are with their bitcoin.
Maybe this OP story is the umpteenth time that I read. For me the lesson I got was to make Bitcoin as savings from the beginning was an important action because this would be the main cause of help or solution when the situation beyond control came over.


Title: Re: He saved himself, or BTC saved him??
Post by: Zaguru12 on March 13, 2025, 02:59:13 PM

 I also believe that the uncle saved himself by thinking ahead by venturing into Bitcoin mining as I'm sure it wasn't that costly during his time unlike now where to get a good mining equipment will cost a lot.

Definitely agree with you that he got saved by his past actions but sincerely this wasn’t part of his plan ahead in future. For me he got redemption through bitcoin but was never planned. It was mercy that made him forgot this wallet if not he might h have withdraw those bitcoin long term ago.

Personally the lessons I learn from this story is do what others are doing in terms of new technology even if you don’t see the need to do it and always keep valuable things save,

Another big lesson is know who has access to your bitcoin back ups because imagine a scenario here where the man in question had actually giving the back up to his wife, in real scenario it would have been sensible but stories like this actually gives one reasons to doubt who you trust most of the times. I have seen people leaning towards not making their wives the access to their inheritance in case of divorce and stories like this. This story preaches need for multi sig wallet and taking of other decisions


Title: Re: He saved himself, or BTC saved him??
Post by: Hazink on March 13, 2025, 04:16:10 PM
I will not say Bitcoin saved him; rather, this is the power of being an early hodler and believing in what you hodl. Just imagine if he had sold that out when the price was worth nothing; that could not have been the case today.

The man saved himself through the help of what he was able to gather during his early days of contact with Bitcoin, and the good part is that he was able to know how and where the key of the wallet was saved.


Title: Re: He saved himself, or BTC saved him??
Post by: WeedGoW on March 13, 2025, 04:42:57 PM
I completely analyzed your cut story with time. And I’ve been a lot of things from this story. See how unsure and unexpected life can be understood in this story. So it’s important to save yourself if you need that which can actually use any danger later on. It’s been clear that there has been a terrible change in his life after the accident that sometimes we are not ready for the future, some preparation or savings can help us ensure the safety of our lives. Everyone should save some earned money for the future. It’s an educational thing to me that it’s very important to keep ourselves ready for some unexpected situations all the time so that any danger can go ahead with confidence and deal with such situations.


Title: Re: He saved himself, or BTC saved him??
Post by: maydna on March 13, 2025, 04:43:42 PM
Bitcoin saved his lives because he still saved his Bitcoin in his wallet. You did the right thing by helping him and not wanting anything from him because you know how hard he survive and he really needed that money.

Bitcoin can help our live especially in the financial matter because when we keep our Bitcoin for some time or years, we prepare our life better. That story give a lesson to us that we can not leave what we did before because who knows that will save our life.

We must prepare our life from anything even if that is the worst thing. He must be glad that he can give that money to his family and live without a problem of finances.


Title: Re: He saved himself, or BTC saved him??
Post by: Becassine on March 13, 2025, 05:01:01 PM
Good for your uncle. He should have no regrets: wife, children or friends, there are no regrets to be had when we lose people who are with us out of interest. It's in difficult circumstances that we know who our true friends are and, above all, who we can count on.

If you can't count on your own children, it's sad, but too bad.


Title: Re: He saved himself, or BTC saved him??
Post by: gunhell16 on March 13, 2025, 05:31:00 PM
In my assessment of your friend's story, although what he went through is sad, from the accident of both his legs to the divorce of his relationship with his wife. Now, the only good thing is that when he decided to mine bitcoin, it is possible that at that time he only thought about saving bitcoin.

If he had not decided to mine bitcoin, he would not have 0.4btc now, and it is good that you are there to support him in that matter and to help as well to do what is the proper
way to withdraw it, and it is also good that he has kept his private key properly, so that is a big thing for him to start over somehow.


Title: Re: He saved himself, or BTC saved him??
Post by: Bitcoin Smith on March 13, 2025, 06:12:20 PM
I am just remembering what Gustavo Fring told, what men do for their family, we provide for them "Even when it's not appreciated".

But are you sure you're story is accurate? If he mined Bitcoin from pool then it must be in account not a wallet unless he withdrew it already. And also if he had an idea of what is wallet then he also might have an understanding about importing wallet assuming he kept the private keys safe...


Title: Re: He saved himself, or BTC saved him??
Post by: Mrbluntzy on March 13, 2025, 06:47:08 PM
I don't know why some women can be heartless like that, she divorced the man when he needed her the most, what happened to the early time in their marriage when the man was still on his feet and was providing and taking care of the family. Well, what interested me more in this story is to see that at last the man did not live to suffer because with that amount of Bitcoin he has which is around $33k, he can sustain himself for many years and can even invest some into any passive income asset to be receiving his interest on monthly or weekly basis.


Title: Re: He saved himself, or BTC saved him??
Post by: Natalim on March 13, 2025, 06:50:18 PM
This is a clear testimony that bitcoin can be a lot useful if the person itself knows how to maximize its advantage, thus in this experience, he saved himself first before bitcoin saved him. Without his passion with bitcoin before, he will never make it in the future most especially that his finances has been struggling all throughout the past years.

So it’s actually an edge if you are naturally tech-savvy wise and smart because that will definitely make a big difference when future comes.


Title: Re: He saved himself, or BTC saved him??
Post by: Becassine on March 13, 2025, 08:10:23 PM
I don't know why some women can be heartless like that, she divorced the man when he needed her the most, what happened to the early time in their marriage when the man was still on his feet and was providing and taking care of the family. Well, what interested me more in this story is to see that at last the man did not live to suffer because with that amount of Bitcoin he has which is around $33k, he can sustain himself for many years and can even invest some into any passive income asset to be receiving his interest on monthly or weekly basis.

There are good and bad people, regardless of gender. Sons who kill their parents for money also exist, for example.



Title: Re: He saved himself, or BTC saved him??
Post by: Majestic-milf on March 13, 2025, 08:19:41 PM

Definitely agree with you that he got saved by his past actions but sincerely this wasn’t part of his plan ahead in future. For me he got redemption through bitcoin but was never planned. It was mercy that made him forgot this wallet if not he might h have withdraw those bitcoin long term ago.
True. No one plans for a spouse to become a thorn in their side during marriage and imagine if he had withdrawn the Bitcoin, maybe out of curiosity to see the product of what he has mined.

Quote
Another big lesson is know who has access to your bitcoin back ups because imagine a scenario here where the man in question had actually giving the back up to his wife, in real scenario it would have been sensible but stories like this actually gives one reasons to doubt who you trust most of the times. I have seen people leaning towards not making their wives the access to their inheritance in case of divorce and stories like this. This story preaches need for multi sig wallet and taking of other decisions
This is very true  because he would have been utterly finished being that the wife and kids will take the money without having the man in mind. I think matters like this are why questions such as "can you trust your spouse with your keys" and what not comes up. Good initiative taken by the man, I have to admit.
This is a good example of minor something becoming the lifesaver.


Title: Re: He saved himself, or BTC saved him??
Post by: The Cryptovator on March 13, 2025, 08:24:58 PM
I will say this is an incredible, eye-opening story because we must take a lesson from this story. It's just not a story; we really need to think about our future, no matter how long we live. To me, he saved his life himself, because unless he mined Bitcoin, he couldn't get an advantage right now. Definitely Bitcoin is helping him, but it's surprising still he has been holding it and discovered the wallet when really he needed it in an emergency situation. The story would be a reminder to us that anything unexpected would happen in our lives, so we need to prepare for that mentally and financially. So Bitcoin would be a better option for us, those of us who are familiar with it. Following the DCA strategy, we can accumulate slowly and hold till we really need it.


Title: Re: He saved himself, or BTC saved him??
Post by: coolcoinz on March 13, 2025, 08:31:36 PM
I had a 7950, but at the time I didn't know about bitcoin. I used it to play battlefield. Oh the nostalgia...

IMO he saved himself by mining, being smart and tech savvy. In the early years only very smart people who loved the technology were into bitcoin. Most people did not care, especially that the coins you mined would barely pay for stuff. Those who mined to sell right away were able to afford a new graphics card, or a phone. They didn't know that holding would mean 10x profit per year.

It's good you helped your uncle and I hope he lives a long life despite his disability.


Title: Re: He saved himself, or BTC saved him??
Post by: Felicity_Tide on March 13, 2025, 09:29:33 PM
I'm really touched by what I just read. This story clearly reminds us, how left things can go when unplanned circumstances strikes. 0.48 BTC is definitely not a small amount for someone who have no work, but trying to survive. I think he saved himself, and at the same time, Bitcoin saved him. When he mined that fraction that wasn't valued as at that time, that was when he planted a seed. And after so many years, that seed came to his rescue at a very crucial moment.

I just hope the whole story stays between you and those who have been in touch with him for long. His family might start having a second thought after finding out, but that's clearly a family/personal issue to sort out.


Title: Re: He saved himself, or BTC saved him??
Post by: Alone055 on March 13, 2025, 09:41:12 PM
I always think that there's no shame in secretly saving some money without telling anyone about it, even your spouse, because somewhere in life you might need something that can help you stay afloat and not becoming completely broke because this is real life and things happen, and they happen at times you might least expect them to. Such stories make my beliefs stronger, and I feel no shame in saying that I actually do the same and I feel I'm doing the right thing.

You are not always supposed to disclose everything with your family, especially when it comes to finances and how much money you make and how you make it. Always keep some things to yourself and be the only one who knows you have that thing. As long as you are taking good care of your family, they won't care about anything else, but whatever you can do to earn something extra and save it for the future can go a long way.

So, folks, it's right, despite being a family man, you gotta think about these things too, because the way you care about others and their futures and whatnot, no one is doing that for you now when you are a grown up. :)


Title: Re: He saved himself, or BTC saved him??
Post by: Questat on March 13, 2025, 09:54:01 PM
I will not say Bitcoin saved him; rather, this is the power of being an early hodler and believing in what you hodl. Just imagine if he had sold that out when the price was worth nothing; that could not have been the case today.

The man saved himself through the help of what he was able to gather during his early days of contact with Bitcoin, and the good part is that he was able to know how and where the key of the wallet was saved.
Bitcoin can save us, only if we are doing something that we could be beneficial in the future. If you buy and hold before the rest have been rushing to buy and hold bitcoin, obviously you made an edge over others. But if you have been doubting bitcoin from the start till now, you will never experience how valuable bitcoin to our lives. Let bitcoin save you, but save yourself first.


Title: Re: He saved himself, or BTC saved him??
Post by: DanWalker on March 14, 2025, 04:12:32 AM
I always think that there's no shame in secretly saving some money without telling anyone about it, even your spouse, because somewhere in life you might need something that can help you stay afloat and not becoming completely broke because this is real life and things happen, and they happen at times you might least expect them to. Such stories make my beliefs stronger, and I feel no shame in saying that I actually do the same and I feel I'm doing the right thing.

You are not always supposed to disclose everything with your family, especially when it comes to finances and how much money you make and how you make it. Always keep some things to yourself and be the only one who knows you have that thing. As long as you are taking good care of your family, they won't care about anything else, but whatever you can do to earn something extra and save it for the future can go a long way.

So, folks, it's right, despite being a family man, you gotta think about these things too, because the way you care about others and their futures and whatnot, no one is doing that for you now when you are a grown up. :)


There is nothing wrong or shameful about secretly saving money without telling anyone, including our wives or parents. But on the contrary, we should also respect and accept if our wife or relatives do the same thing.
One thing I see is that many people do not like to reveal their assets or share their secrets with their relatives but they always want their relatives to always reveal everything to them and not hide anything. Is that fair? That just shows their selfishness, greed and living only for themselves and not for everyone as they claim.

If we are distrustful and always suspicious of others, we should not be sad or disappointed if others do the same to us. If we want to receive good things, we must first give good things, we cannot be greedy when we only want to receive good things while the things we give are only bad things.


Title: Re: He saved himself, or BTC saved him??
Post by: Tmoonz on March 14, 2025, 06:58:46 AM
i bet at the time of mining the bitcoin, he possibly did not know that a time as this will come when the little thing he did years back will turn out to become something really good and of high value like what he currently own now. his case might just be a case of investing without knowing that you have actually invested but it still has a valuable lesson in it, and it is that investing for the future can save you in a manner you least expect.

to have 0.48BTC you never thought is still available is something that is enough to change a lot about the way he lives the rest of his life regardless of his health condition. with that amount, the latter end of his life won't be as boring and devastating as it should have been even with the absent of his children. bitcoin in combination with fate actually saved him.

Exactly, he saved himself and Bitcoin also saved him. However, there are lessons to learn in that story which includes what we may not place much value today can be our tuning points tomorrow indeed it was a surprise and goes along to say that no knowledge is a waste because he invested his time and energy to have mined Bitcoin back then and today he has his rewards even when he least expected it, on the hand the storyline is also telling us not to completely rely on any one for anything even our wife and children family members, friends they can disappointed at one point or the other.


Title: Re: He saved himself, or BTC saved him??
Post by: KiaKia on March 14, 2025, 07:51:43 AM
I always think that there's no shame in secretly saving some money without telling anyone about it, even your spouse, because somewhere in life you might need something that can help you stay afloat and not becoming completely broke because this is real life and things happen, and they happen at times you might least expect them to. Such stories make my beliefs stronger, and I feel no shame in saying that I actually do the same and I feel I'm doing the right thing.

You are not always supposed to disclose everything with your family, especially when it comes to finances and how much money you make and how you make it. Always keep some things to yourself and be the only one who knows you have that thing. As long as you are taking good care of your family, they won't care about anything else, but whatever you can do to earn something extra and save it for the future can go a long way.

So, folks, it's right, despite being a family man, you gotta think about these things too, because the way you care about others and their futures and whatnot, no one is doing that for you now when you are a grown up. :)


There is nothing wrong or shameful about secretly saving money without telling anyone, including our wives or parents. But on the contrary, we should also respect and accept if our wife or relatives do the same thing.
One thing I see is that many people do not like to reveal their assets or share their secrets with their relatives but they always want their relatives to always reveal everything to them and not hide anything. Is that fair? That just shows their selfishness, greed and living only for themselves and not for everyone as they claim.

If we are distrustful and always suspicious of others, we should not be sad or disappointed if others do the same to us. If we want to receive good things, we must first give good things, we cannot be greedy when we only want to receive good things while the things we give are only bad things.

I understand your perspective, but from a man's point of view, I believe you are mistaken. Men are often defined by their ability to provide; if a man cannot provide, he may be perceived as less of a man. In contrast, if a woman is unable to provide, she is still seen as a woman, and society often feels pity for her.

If a woman asks for help from ten different people, I am confident that seven of them will offer assistance. However, a man who cannot solve his own problems faces judgment simply for being a man. This societal pressure has led to many men suffering in silence, unable to share their struggles for fear of how they will be perceived. Unfortunately, some would rather keep their pain to themselves than risk being judged by others.

As a man, you don't have to share every detail about your finances with your wife. This doesn’t mean you are being unfaithful, as you might have suggested. Traditionally, a woman's role is to support her husband; God created Eve as a helper for Adam, not the other way around. Men are meant to lead, and women are meant to follow.

The story of Eve giving Adam the forbidden fruit serves as an example of why men may choose not to disclose their entire income to their wives. Simply be responsible and fulfill your duties as a partner. Staying faithful in your marriage is what truly matters, it has nothing to do with your worth or the money you have in the bank.


Title: Re: He saved himself, or BTC saved him??
Post by: FinneysTrueVision on March 14, 2025, 08:08:45 AM
It is really more of a random fortunate circumstance rather than this uncle mining Bitcoin with the intent of improving his harsh reality many years in the future. Nevertheless, it was still a very positive outcome that can be used as a lesson to teach others the value of hodling. We don’t know if someday we will be in an unfavorable situation, so it would be wise to prepare by setting some BTC aside. I am used to seeing the opposite situation where people don’t have anything saved up when they face adversity, which only makes their problems worse.


Title: Re: He saved himself, or BTC saved him??
Post by: Die_empty on March 14, 2025, 08:40:51 AM
I will say this is an incredible, eye-opening story because we must take a lesson from this story. It's just not a story; we really need to think about our future, no matter how long we live. To me, he saved his life himself, because unless he mined Bitcoin, he couldn't get an advantage right now. Definitely Bitcoin is helping him, but it's surprising still he has been holding it and discovered the wallet when really he needed it in an emergency situation. The story would be a reminder to us that anything unexpected would happen in our lives, so we need to prepare for that mentally and financially. So Bitcoin would be a better option for us, those of us who are familiar with it. Following the DCA strategy, we can accumulate slowly and hold till we really need it.
In a society where people with physical disability are not cared for by the government, it is very difficult for them to survive. Many of them are out there on the streets begging to survive. The man in the OP is just fortunate that he was able to mine Bitcoin and kept it for a long time.

It is an eye opener that we shouldn't trust anyone because people can be selfish. After years of caring for his wife and children, he has now been abandoned by his wife and children. I know some fathers in my country who sell all they have and even borrow money to give their children a good education. In the end, they are left to suffer.

We would have to prepare for the future because a time will come when we might not have the strength or opportunity to earn enough to survive. And Bitcoin seems to be a good asset to invest in for retirement preparations. I would also agree that Bitcoin saved this man.


Title: Re: He saved himself, or BTC saved him??
Post by: Luzin on March 14, 2025, 09:16:44 AM
Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.

He was lucky to have known Bitcoin. But he is also smart because he mines Bitcoin even though he left because the price is too cheap and may focus on his work with the government. But we can't know the future, we can only prepare with a plan that may fail as well. I thought his wife was not a true life partner, so God separated them.

About Bitcoin he owns, it doesn't seem to be a plan for the future, but because of the circumstances he remembers what is valuable and has been done. So that is very helpful, hopefully he will be able to take advantage of Bitcoin. At least he can manage it so that it doesn't run out and continues to grow to finance his life.

Regarding children, it is bad that he should understand his family. He without a father would not be able to be in the position he is in today. So the best thing is to repay the father's kindness by taking care of him like he did to his children when he was a child. The things we must understand are to provide a future plan starting from you being healthy.


Title: Re: He saved himself, or BTC saved him??
Post by: Agbamoni on March 14, 2025, 09:48:25 AM
Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.
True facts. I can relate to this experience because i have had similar experience to this. I dated a girl for 4 years, everything was moving smoothly. We planned dour future together, she never spend on anything i was the only who spent on things we need, housing, clothing, feeding and everything. I had in mind i planned for our future together not until she left me at a time when things were indifferent. Lucky for me those few years i invested in a tech startup and it was growing now i am a founder of the startup and things becoming to fall in place.

Life continues as long as we are still breathing. In the end, it is just us that will be left alone if things dont go as planned it. Everyone can leave but you can never leave yourself. I am happy for your uncle as well i am happy for anyone who might have been in this kind of situation before. We always come out strong. 


Title: Re: He saved himself, or BTC saved him??
Post by: SatoPrincess on March 14, 2025, 10:16:33 AM
Bitcoin didn’t “save” him, your uncle was saved by the decisions he made in the past. If he hadn’t mined bitoin back then, there would be no “bitcoin saving” story, let’s not pretend that Bitcoin is a superhero that’s flying around saving lives. Bitcoin is exactly what the Bitcoin whitepaper says it is. It’s okay to accept that Bitcoin has evolved over the last decade but let’s not deviate from reality.


Title: Re: He saved himself, or BTC saved him??
Post by: As-Soon-As on March 14, 2025, 10:37:00 AM
Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.

Life cycle is very difficult because no one knows what happens to each person at the end of the day. That is why it is necessary to keep some of the Bitcoin as a secret treasure, it is most important to save for the future by having a strong wallet and some money in reserve. Because Bitcoin alone protects the most privacy and helps to meet the shortage of money in the future.
Especially everyone should have savings, such as those who work in the government and buy Bitcoin with their future savings and save it for a long time, it will definitely play the most important role in protecting privacy. And the price of Bitcoin will go up from the present time to the future, so Bitcoin should definitely be ensured for the future.


Title: Re: He saved himself, or BTC saved him??
Post by: Lida93 on March 14, 2025, 10:52:41 AM
yeah 0.48 back then would have been very cheap but now it is almost $40k usd with the price of bitcoin now it’s really fortunate that he was able to still access his bitcoin because a lot of people were not able to do so anymore due to carelessness and lack of technological knowledge
Just while I finished reading the OP it in a way pricked me with the thought that sometimes it's a good thing to have to forget about certain valuable assets of ours somewhere to later recall about it in the future, for by then it would have grown in much value and a better gain for us. Because am very sure the man would have sold those mined BTC the very first period it grew in value to use the money to handle a pressing family needs as a husband without him thinking what the future of the asset could be today.

It reminds me of a thread in the forum that talks about how people should go dead on their bitcoin investment as it's one way to avoid FUD and panic,  so as to be able to reap great profit in the long term.


Title: Re: He saved himself, or BTC saved him??
Post by: Woodie on March 14, 2025, 10:58:37 AM
Quite a touching story,  but just to add my 2cents..
Firstly, I think the accident that happened that left him physically challenged is the reason that the wife left because people of our generation think everything will be rosy not until life happens.

Secondly,  I think the bad relationship between Uncle and the kids could be that they feel he didn't fight for them to be with family, but I know for sure there must be some other reason...probably cheating Husband when he was okay and kids knew about it to the point of feeling betrayed.

As of the find from the "7970" mining rig it's a start but being a working person I expected benefits came after the accident   ??? And from that find on his old Bitcoin address let him invest in learning how to trade things will get better for him financially.


Title: Re: He saved himself, or BTC saved him??
Post by: Zanab247 on March 14, 2025, 11:07:51 AM
He saved himself through his BTC op, assume he didn't have the knowledge of mining BTC would he think about some BTC he mined some years ago, that is why we keep spreading the advise to people not to depend on only one source of income because it will not going to help you in case there is an emergency.

If not that your uncle have the knowledge of mining BTC, his life would have be useless with that condition op because what is life without two legs, no wife and children around you, I guess many people will learn lesson from this your uncle experience.


Title: Re: He saved himself, or BTC saved him??
Post by: alastantiger on March 14, 2025, 11:21:11 AM
His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.

I don't like to get into family matters because I don't have the true story of what happened that made the family to fall apart. There's always two sides to the story and then the truth of what happened hence unless the truth is opened to the public, I don't like to get involved but what I want to say is that, when the parents treat their children rights, the children won't turn their back against them. It's always the situation of the parents being bad first to the children that makes the children turn their back against them in their old age.

Bitcoin saved him and he also saved himself because without him mining some Bitcoin when nobody believe in Bitcoin, he won't be receiving the money he just got and also if Bitcoin hadn't become successful, it would had being a waste of his efforts hence he saved himself and Bitcoin also saved him, it was a joint effort.


Title: Re: He saved himself, or BTC saved him??
Post by: Iranus on March 14, 2025, 12:03:25 PM
Just while I finished reading the OP it in a way pricked me with the thought that sometimes it's a good thing to have to forget about certain valuable assets of ours somewhere to later recall about it in the future, for by then it would have grown in much value and a better gain for us. Because am very sure the man would have sold those mined BTC the very first period it grew in value to use the money to handle a pressing family needs as a husband without him thinking what the future of the asset could be today.

It reminds me of a thread in the forum that talks about how people should go dead on their bitcoin investment as it's one way to avoid FUD and panic,  so as to be able to reap great profit in the long term.

Once we call it forgetting, it means we accidentally do not remember it and trying to forget something that has no value is quite easy. But planning and intentionally forgetting something worth hundreds of thousands of dollars is not easy. How can we stop caring and thinking about our investments when we have put so much money into them and many people even consider it the only way for them to become rich? This idea sounds great and easy to say, but I bet no one will do it.


Title: Re: He saved himself, or BTC saved him??
Post by: Plaguedeath on March 14, 2025, 12:56:08 PM
I don't like to get into family matters because I don't have the true story of what happened that made the family to fall apart. There's always two sides to the story and then the truth of what happened hence unless the truth is opened to the public, I don't like to get involved but what I want to say is that, when the parents treat their children rights, the children won't turn their back against them. It's always the situation of the parents being bad first to the children that makes the children turn their back against them in their old age.
You have a good point, but don't forget his wife can play like a victim by acting like his dad is a bad person or she threaten his son to not looking back/help his father, otherwise all benefit given by his wife would be stopped. Let's say, you as a son, will you choose to become poor just because you want to stay with your father? assuming you know your father is really a good man, however your mother also a good person too.

Your mother looks bad on your father's story, not on your story.


Title: Re: He saved himself, or BTC saved him??
Post by: justinlamode on March 14, 2025, 01:41:06 PM
In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.
is this 7970 a reference to Radeon 7970 HD that is a graphics card by AMD released back in 2011? is so, the story is plausible

we have seen many times here in the forum people sharing inspiring stories that sound a bit too good to be true but this one seems really legitimate
The legitimacy of the story should not really be your problem rather the lesson conveyed in the story should. After reading reading the entire story, I got inspired and the same time convinced that I did the right thing getting involved in Bitcoin because I know that in the future, what I'm doing now might just be the best thing I could do for myself. Although I was not too happy with the aspect of the family ditching him when he needed them mots but my consolation is the fact that the man have something to survive on and will be living the rest of his life in comfort and who knows, the children may come back to him when they notice that he is living comfortably.

If this were in my country, 0.48 BTC is a big amount to keep him comfortable for more than a decade. If he even hold some of those funds in Bitcoin, he might realize more money upon the rising of Bitcoin which is something we anticipate. 



Title: Re: He saved himself, or BTC saved him??
Post by: john_egbert on March 14, 2025, 01:50:53 PM
Bitcoin didn’t “save” him, your uncle was saved by the decisions he made in the past. If he hadn’t mined bitoin back then, there would be no “bitcoin saving” story, let’s not pretend that Bitcoin is a superhero that’s flying around saving lives. Bitcoin is exactly what the Bitcoin whitepaper says it is. It’s okay to accept that Bitcoin has evolved over the last decade but let’s not deviate from reality.

Agreed.
He is still the champ for doing so and remembering what he did in the past  8)


Title: Re: He saved himself, or BTC saved him??
Post by: Wexnident on March 14, 2025, 02:28:28 PM
~
He saved himself. I mean it was his decision to mine Bitcoin after all. While I know Bitcoin was the one that went up, we HAVE to stop thinking of Bitcoin as some sort of an omnipotent, omniscient god that would save the world from destruction. Exaggeration aside, I feel that's how people see Bitcoin and that's how they introduce it to others, leading them to this stupidly blind belief that they just have to buy Bitcoin and they're set for life lol.

Anyway, a prenup is probably something that'd prevent this. Guessing they didn't have one for some reason.


Title: Re: He saved himself, or BTC saved him??
Post by: hero_the_bossman on March 14, 2025, 03:11:50 PM
He saved himself. I mean it was his decision to mine Bitcoin after all. While I know Bitcoin was the one that went up, we HAVE to stop thinking of Bitcoin as some sort of an omnipotent, omniscient god that would save the world from destruction. Exaggeration aside, I feel that's how people see Bitcoin and that's how they introduce it to others, leading them to this stupidly blind belief that they just have to buy Bitcoin and they're set for life lol.

Anyway, a prenup is probably something that'd prevent this. Guessing they didn't have one for some reason.

He is the hero of his own story.

And, truly, BTC is no magic wand or stone.
It's a tool to be learned , cherished and used, just like the rest.


Title: Re: He saved himself, or BTC saved him??
Post by: Donneski on March 14, 2025, 03:53:18 PM
His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.

Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.

I read it second to the last paragraph of this post by the OP and because very emotional. Life can decide to take a toll on anyone but in situations like this, it's one's investments can aid his/her when family and friends decides to turn their back — that's the big big lesson I've learnt from this topic. I'm happy the man finally found help from you and his investments. I hope he spends the money wisely or better still make more money from the money.

This is a wake up call for everyone here to invest their earnings today as we can't decide what happens tomorrow and also to be kind to everyone around us just like the op was to the affected man


Title: Re: He saved himself, or BTC saved him??
Post by: moneystery on March 14, 2025, 03:54:58 PM
i said that he saved himself by using bitcoin. just imagine if at that time he did not think of mining bitcoin, surely today he would not have 40k usd which is still quite a lot of money. and luckily he still had the mind to secure his old wallet and did not share it with his wife who left him. man, this man is really lucky, i can say that god really protected him and gave him help when he was in such a difficult condition.


Title: Re: He saved himself, or BTC saved him??
Post by: Outhue on March 14, 2025, 03:59:59 PM
Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.
True facts. I can relate to this experience because i have had similar experience to this. I dated a girl for 4 years, everything was moving smoothly. We planned dour future together, she never spend on anything i was the only who spent on things we need, housing, clothing, feeding and everything. I had in mind i planned for our future together not until she left me at a time when things were indifferent. Lucky for me those few years i invested in a tech startup and it was growing now i am a founder of the startup and things becoming to fall in place.

Life continues as long as we are still breathing. In the end, it is just us that will be left alone if things dont go as planned it. Everyone can leave but you can never leave yourself. I am happy for your uncle as well i am happy for anyone who might have been in this kind of situation before. We always come out strong. 

I am sorry something similar happened to you, I've never seen this happened around me maybe because I was just lucky? My parents never for once have a bad dispute even when my father was down badly in his business, my mother was there through and through, and she never complained.

Hard times reveal fake people around us sometimes, which is why I don't look down on life challenges, if you are smart you will be thankful because you will never know what you will learn and what will be revealed, like I've said, hard times reveal fake people.

OP's uncle is the OG, master of his own game, he saved himself, I am sure that he believed so much in the future of BTC for holding that long, or maybe he just forgot for a while and the present life challenge made him remember.

I will keep holding and scoping up some BTC for the future sake, I don't know what the future might thrown at me either, let's just be prepared.


Title: Re: He saved himself, or BTC saved him??
Post by: sokani on March 14, 2025, 04:25:08 PM
He saved himself by investing in Bitcoin and not the other way round and I can only imagine how things has been for him as a result of his predicament. This story is a lesson to us all to make hay while the sun shines because there may come a time in a man's life when you may find yourself at rock bottom and that good decision you made way back may just be your life saver.


Title: Re: He saved himself, or BTC saved him??
Post by: Patikno on March 14, 2025, 06:47:55 PM
There are so many lessons that can be learned from the story, the first is the importance of doing things that can help us in the future, which means that whatever we do for the future is not in vain and must have meaning. Second, from the story we can learn the importance of having assets or finances personally, and I think your uncle is lucky to still have some Bitcoin from the mining that was done in the past, and I hope it can help him now and for the future. The last is, we can't rely entirely on humans, and we have to think more about ourselves, because it is clear that if our closest people just leave us, then we can still survive. So the overall point of the story is I think he is the one who saves himself, while Bitcoin is the driving force for him to survive, because I think it's all about internal factors at his will so the results come from him.


Title: Re: He saved himself, or BTC saved him??
Post by: promise444c5 on March 14, 2025, 07:15:30 PM

Personally the lessons I learn from this story is do what others are doing in terms of new technology even if you don’t see the need to do it and always keep valuable things save,
Well it could be  a good practice but not everything is worth doing, it could just endup been a total waste of time and money but for sure there are other ones that might endup been fruitful ,yet crowd could be wrong sometimes.. and with the way technology is going there are even some you might want to completely avoid as they could ruin you.. but generally you can have knowledge about it that could be very useful..


Title: Re: He saved himself, or BTC saved him??
Post by: nakamura12 on March 14, 2025, 07:25:29 PM
He was saved by himself by mining bitcoin and also he was also saved by bitcoin since he can sell his mined bitcoin for money. I think the lesson that a person will learn is try different things that let you earn money when there's a chance or opportunity to do it like what your uncle did when he heard or know about bitcoin which he did start to mine which I assume he wanted to try since as you have said that he is a technology guy or loves technology. Anyway, there are really people like that where they didn't even care about their parents when they are old or got into accident like what happened to your uncle.


Title: Re: He saved himself, or BTC saved him??
Post by: john_egbert on March 14, 2025, 07:39:47 PM
He was saved by himself by mining bitcoin and also he was also saved by bitcoin since he can sell his mined bitcoin for money. I think the lesson that a person will learn is try different things that let you earn money when there's a chance or opportunity to do it like what your uncle did when he heard or know about bitcoin which he did start to mine which I assume he wanted to try since as you have said that he is a technology guy or loves technology. Anyway, there are really people like that where they didn't even care about their parents when they are old or got into accident like what happened to your uncle.

Unfortunately, that's true.

But the uncle himself is a legend for remembering such info and asking out about it in the end.
He was rewarded when he needed it most.


Title: Re: He saved himself, or BTC saved him??
Post by: Zoomic on March 14, 2025, 08:17:46 PM
What a story! The man unconsciously held Bitcoin in his wallet from 2011 until 2025. He likely dumped those Bitcoins only because he never truly believed in Bitcoin at that time. If he had known Bitcoin would be worth more, he would have sold long ago instead of waiting until now.

He is a smart man. You can never go wrong with Bitcoin if you know what you are doing. He saved himself using Bitcoin. This is just another reason to believe in Bitcoin because there is always an opportunity with it.


Title: Re: He saved himself, or BTC saved him??
Post by: GbitG on March 14, 2025, 09:08:26 PM
Hmmm, that sounds awesome!!!
From this story, I just got two lessons, which are literally the motives of everyone of us. One is Bitcoin and another is staying independent in an entire life.

Elaborating on this context...I will tell you everyone that Bitcoin is just the best thing ever to invest in. Because similarly just like OP's relative, you too can make the tough moments of life pleasant through Bitcoin investment. Apart from this, the most important lesson we get from this thread is that people in this world just live for their own sake. Whatever has to be done has to be done by yourself. No one can be someone's well wisher rather than a loyal memeber. So value your families.

And Stay connected with BTC....


Title: Re: He saved himself, or BTC saved him??
Post by: katanic97 on March 14, 2025, 09:44:09 PM
I never thought I would witness something like this unfold in real life, especially close to home.

I have an uncle who has always loved technology. That's all I really knew about him when I was younger. He was a government worker at the time, and everything seemed fine. He was married with two kids, and life was going well until he had an accident.

The accident cost him both of his legs. Since then, his wife took over everything, and they moved far away from us, which caused our relationship to fade. Now, all we do is talk on the phone.

The last time I heard anything about him was when my mom told me that his wife had divorced him. He had no money or means to take care of his family which lead to the divorce but he did do something right.

In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.

A few days ago, he called my mom, saying he needed to speak to me. I later got in touch with him, and he asked me how to import his BTC private key. He said, "Do you remember that I mined Bitcoin with the 7970?" I replied yes, and he mentioned he didn't know how to import the key.

He was quite sure that he had something left in the wallet. After helping him out, I discovered he had 0.48 BTC in there. This has saved him, I believe. He wanted to send me something as a thank-you, but I refused because he needed the money more than I did.

His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.

Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.

A touching story, my friend. I wish that man all the best,his accident literally cost him his family. I have nothing good to say about his ex-wife and his child who doesn’t care about their father in such a difficult situation.

But even in such hardship, something "good" emerged,this money will certainly help him, but know that it won’t bring him happiness. That’s why you should keep in touch with your uncle as much as possible that will be what he needs the most in such a tough time!

Stay well!


Title: Re: He saved himself, or BTC saved him??
Post by: Sanitough on March 14, 2025, 09:55:03 PM
Bitcoin didn’t “save” him, your uncle was saved by the decisions he made in the past. If he hadn’t mined bitoin back then, there would be no “bitcoin saving” story, let’s not pretend that Bitcoin is a superhero that’s flying around saving lives. Bitcoin is exactly what the Bitcoin whitepaper says it is. It’s okay to accept that Bitcoin has evolved over the last decade but let’s not deviate from reality.
Bitcoin isn’t actually a savior, or any investment there is. It’s the investor or the miner itself who makes the decision and motivate himself to put his plans into actions, so clearly all the credits only go to the person. Bitcoin can save us if we do our part, but there’s no way that bitcoin acts as a savior when we don’t even create initial plans or actions to realize bitcoin in our lives.


Title: Re: He saved himself, or BTC saved him??
Post by: Alone055 on March 14, 2025, 10:03:35 PM
Well it could be  a good practice but not everything is worth doing, it could just endup been a total waste of time and money but for sure there are other ones that might endup been fruitful ,yet crowd could be wrong sometimes.. and with the way technology is going there are even some you might want to completely avoid as they could ruin you.. but generally you can have knowledge about it that could be very useful..

I somehow agree with you on that subject. We can even take Bitcoin mining as an example of this. Currently, solo mining is almost useless because you will barely get any profit from it since you won't be able to mine a block due to the difficulty level of Bitcoin mining that keeps increasing over time, and someone trying to mine Bitcoin as an individual will most probably only lose money in electricity bills and hardware expenses and get nothing at the end.

The story in OP indicates that the person in question mined Bitcoin in the past, when mining difficulty wasn't as high as it is right now, and the price of Bitcoin was also not as high as it is right now, so the coins he mined were kept for a few years and the price of Bitcoin went up recently, so he got good profits out of it because of this reason.


Title: Re: He saved himself, or BTC saved him??
Post by: suzanne5223 on March 14, 2025, 10:25:17 PM
He was quite sure that he had something left in the wallet. After helping him out, I discovered he had 0.48 BTC in there. This has saved him, I believe. He wanted to send me something as a thank-you, but I refused because he needed the money more than I did.
I am happy for the man after everything he has been through, including losing his legs and being divorced by his wife during the time he needed her the most. I hope you also help him to get all the Bitcoin fork coins.
I believe he saved himself by being an innovative technology enthusiast and also by keeping the wallet that contains the BTC private information very well. Although BTC has a huge potential,but it can only help those that help themself through its innovative benefit.

His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.
The kids that don't care or look back on their father is the man ex-wife doing. She has made the kids see their father as an enemy. Any kids that love or hate their Dad is the mother doing because the mother has a high chance to poison or turn the kids against their father, and she also has a high chance to make the kids love their father.


Title: Re: He saved himself, or BTC saved him??
Post by: KiaKia on March 15, 2025, 08:28:55 AM
What a story! The man unconsciously held Bitcoin in his wallet from 2011 until 2025. He likely dumped those Bitcoins only because he never truly believed in Bitcoin at that time. If he had known Bitcoin would be worth more, he would have sold long ago instead of waiting until now.

He is a smart man. You can never go wrong with Bitcoin if you know what you are doing. He saved himself using Bitcoin. This is just another reason to believe in Bitcoin because there is always an opportunity with it.

He mined more that 0.48 BTC at the time, I guessed he sold many for few dollars and this 0.48 BTC was a leftover, I still believe he was just lucky, we had a chat again yesterday and he revealed this to him, I wanted to ask him more but I don't want to bother too much. I am currently on the same plan, as much as I love my partner I still believe that anything can happen, the only love that's eternal is God's love.

Maybe someday BTC will be pricing at 500k per one, even 0.1BTC at the time will be a lot of money, it seem too late right now because BTC is a bit over 100k but it will look like another opportunity lost.


Title: Re: He saved himself, or BTC saved him??
Post by: fuguebtc on March 15, 2025, 08:58:06 AM
Bitcoin didn’t “save” him, your uncle was saved by the decisions he made in the past. If he hadn’t mined bitoin back then, there would be no “bitcoin saving” story, let’s not pretend that Bitcoin is a superhero that’s flying around saving lives. Bitcoin is exactly what the Bitcoin whitepaper says it is. It’s okay to accept that Bitcoin has evolved over the last decade but let’s not deviate from reality.
Bitcoin isn’t actually a savior, or any investment there is. It’s the investor or the miner itself who makes the decision and motivate himself to put his plans into actions, so clearly all the credits only go to the person. Bitcoin can save us if we do our part, but there’s no way that bitcoin acts as a savior when we don’t even create initial plans or actions to realize bitcoin in our lives.

Right from the beginning when we spent time learning about bitcoin and decided to invest in it even though there were no guarantees. That alone shows that the choice, the effort to hold on for the long term...are all our decisions. How can we say that bitcoin has helped us when all the decisions are made by us? That man saved himself thanks to his knowledge, his choice and his decision at that time to believe in bitcoin, to believe in his choice.

If we say Bitcoin is the superhero that saved OP's uncle's life. So people who invested in bitcoin lost money or even went bankrupt. Is Bitcoin still a superhero and savior? Losing money when investing in Bitcoin, Bitcoin's fault or the investor's fault?


Title: Re: He saved himself, or BTC saved him??
Post by: tabas on March 15, 2025, 09:15:19 AM
He has saved Bitcoin, so he's saved by the value of Bitcoin that it has now. It is a good thing for your uncle and those people close to him that have abandoned himthat they  will face the karma of life. It's sad that when even our loved ones think that we're useless, it's so easy for them to abandon us. I guess this is the fate of men, when we're hardworking not thinking of anything but to be a good provider to our family. They get to enjoy life while us, we're always thinking of uncertain future. Credits also to his 7970, that also saved him.  :)


Title: Re: He saved himself, or BTC saved him??
Post by: SmartGold01 on March 15, 2025, 09:40:53 AM
Lot of things happens in real life but most times people around here do not like sharing their real life stories so it wouldn't look as if they are begging for favor or help especially if they aren't a reputable member, other people who are here might think that they are begging for favor but realistically they are facing through difficulties over their past/present. There are people who has invested so much time on their partners, children or even families but at the ends they are being left alone causing so much pains in their lives, that is why it's that very much important to always have a backup funds or a something as reserve to us whenever we might be facing some difficulties or felt as if everything around us is gone then we can use that to sustain ourselves and bounces back our life and make things more better for our living.

Good lesson have I have ever learnt from this your post is to;
1. Have a back up funds
2. Do not spend all we have in our friends and families
3. Do not live a life depending on either our children or our Husband.
4. People can fail you at anytime, but our investment would get us covered.


Title: Re: He saved himself, or BTC saved him??
Post by: Z390 on March 15, 2025, 04:27:38 PM
Money can't buy happiness, that much is clear. It's important to check in on your uncle because what he needs right now is more than just financial support. While money is significant, communication is key.

People often commit suicide because of loneliness. Problems related to money can feel overwhelming, but they become even more burdensome when there’s no one close by to support you. I’ve experienced this myself, during my most challenging times, I felt alone, and that isolation changed me.

I've learned that while planning for your family is essential, you must also take care of yourself. I have a neighbor who always says he saves 70% of his income for himself and allocates only 30% for his family. I suppose he understands the importance of self-care, especially in light of situations like this.


Title: Re: He saved himself, or BTC saved him??
Post by: Donneski on March 15, 2025, 08:06:29 PM
What a story! The man unconsciously held Bitcoin in his wallet from 2011 until 2025. He likely dumped those Bitcoins only because he never truly believed in Bitcoin at that time. If he had known Bitcoin would be worth more, he would have sold long ago instead of waiting until now.

He is a smart man. You can never go wrong with Bitcoin if you know what you are doing. He saved himself using Bitcoin. This is just another reason to believe in Bitcoin because there is always an opportunity with it.
Exactly. With investing in Bitcoin, there's no way you're gonna go wrong and that's because on the long run, it'll definitely be beneficial to you even when in most times, doesn't have an immediate positive effect. A friend once told me that why I should invest in Bitcoin is because it doesn't disappoint, and even went on to tell me that friends, relatives and professional colleagues might fail me but Bitcoin will never fail me.

According to the story, every human the man invested his time and resources in failed him when he needed them most but Bitcoin came to the rescue. This is a strong message for everyone to embrace Bitcoin today before it becomes to late.


Title: Re: He saved himself, or BTC saved him??
Post by: Mr Reporter on March 15, 2025, 08:23:06 PM
4. People can fail you at anytime, but our investment would get us covered.
Well i will say it a solid mindset of thinking that people can fail you but your investment can not fail you if investment is been done wisely it can provide financial security when people try to let you down, unlike depending on others your investment can grow in a long term and acn act as a safety net from people.
Well the both and quit not trustworthy investment to can fail in it own part to most the market do fluctuate and also bad decisions can lead to lost in investment most time


Title: Re: He saved himself, or BTC saved him??
Post by: Ever-young on March 15, 2025, 08:39:18 PM
Bitcoin didn’t “save” him, your uncle was saved by the decisions he made in the past. If he hadn’t mined bitoin back then, there would be no “bitcoin saving” story, let’s not pretend that Bitcoin is a superhero that’s flying around saving lives. Bitcoin is exactly what the Bitcoin whitepaper says it is. It’s okay to accept that Bitcoin has evolved over the last decade but let’s not deviate from reality.
Some people tells story and describe Bitcoin to be some kind of God or a life saver of humanity, when the best way we should see it is to be a tool to what we use in saving our self, the best player here is you as either being a minner who decided to save all you have got or an investors who bought when price was low and decided to live as if you got nothing left somewhere, the man’s decisions like you have pointed out is what saved him when he needed financial help and not Bitcoin, Bitcoin was just like the tool in play here.


Title: Re: He saved himself, or BTC saved him??
Post by: NotATether on March 15, 2025, 09:24:56 PM
I'm sorry to hear about your uncle.

Especially what happened to his legs.

Any chance they sell prosthetics in your country somewhere?

With the newly found BTC stash, it should be quite affordable in your country, even at Western prices.

Your health >>>> money.


Title: Re: He saved himself, or BTC saved him??
Post by: Hazink on March 15, 2025, 11:39:08 PM
Well i will say it a solid mindset of thinking that people can fail you but your investment can not fail you if investment is been done wisely it can provide financial security when people try to let you down, unlike depending on others your investment can grow in a long term and acn act as a safety net from people.
Well the both and quit not trustworthy investment to can fail in it own part to most the market do fluctuate and also bad decisions can lead to lost in investment most time
If you succeed in making the right decision in picking good assets to invest in, you will be on the right track and won't have anything to worry about even in terms of price fluctuations that shouldn't be considered a problem, as with time it will go back to normal, and most times not just the price will go back to normal, it will rank up to a profiting side; you will only be worrying about it if you invest in something you don't trust very much, which could mean that your investment is not safe as it could collapse anytime.


Title: Re: He saved himself, or BTC saved him??
Post by: DanWalker on March 16, 2025, 11:19:09 AM
~snip~

~snip~ Traditionally, a woman's role is to support her husband; God created Eve as a helper for Adam, not the other way around. Men are meant to lead, and women are meant to follow.

The story of Eve giving Adam the forbidden fruit serves as an example of why men may choose not to disclose their entire income to their wives. Simply be responsible and fulfill your duties as a partner. Staying faithful in your marriage is what truly matters, it has nothing to do with your worth or the money you have in the bank.


Eve and Adam? Mate, We are living in the 21st century where a man can become president, a woman who is smart enough and capable enough can also become president. Gone are the days of feudalism, gender discrimination and women always having to sit lower than men.
If you still have the mindset of the feudal generation, you will be the biggest obstacle for your daughter in the future if you have a daughter.

Also, if you really want someone to obey and submit to you, you need to make a lot of money and provide everything they need, not just give them a little money to cover their daily living expenses and force them to obey you.

I don't know if you are married and what the culture is like in your country. But in my country, if women do not sacrifice for their families, do not give up their dreams and ambitions, and accept taking care of their families to create opportunities for men to go out and earn money. They have enough potential to make money and can even make more money than you.

Actually, whether or not you should disclose your income to your wife is not important and will depend on a number of factors. It is important that if we are to believe ourselves to be exemplary and brave men, we must have an open heart, especially with our loved ones. Don't be competitive, calculating and selfish with those who sacrificed their youth to be with us and take care of our children.

For me, what I worry about more is that my loved ones will disappear because even if I had billions of dollars, I wouldn't be able to bring them back to me. Money? If I lose it, as long as I'm alive, I can earn it back. Money or bitcoin is always available in the world, they are not like our relatives. So just for a little money, I will not let my family happiness break up or my children be unhappy.


Title: Re: He saved himself, or BTC saved him??
Post by: beerlover on March 16, 2025, 08:29:41 PM
Some people tells story and describe Bitcoin to be some kind of God or a life saver of humanity, when the best way we should see it is to be a tool to what we use in saving our self, the best player here is you as either being a minner who decided to save all you have got or an investors who bought when price was low and decided to live as if you got nothing left somewhere, the man’s decisions like you have pointed out is what saved him when he needed financial help and not Bitcoin, Bitcoin was just like the tool in play here.
Don't you think the tool also deserves some appreciation for appreciating in value over time instead of depreciating? The man made the decision of not selling or using the stash, true, but would he get the same result if the asset, or tool as you say it, wasn't Bitcoin but something else? Something less volatile, or maybe something that had lost value during this course.

The point is, that your decisions do matter, but the tools that you use have a play in them as well because making the right decision while using the wrong tool can make the results different at the end, and that's why it won't be wrong to say that it was both, his decisions and Bitcoin, that saved him from a lot more problems that he could face in his life from this point onwards.

We should give credit to both in this case.


Title: Re: He saved himself, or BTC saved him??
Post by: Ultegra134 on March 16, 2025, 09:38:14 PM
That was a really touching story. At first, I'm sorry about your uncle's condition; his life must have turned upside-down due to the accident, while the divorce was the icing on the cake. Although I was expecting a much higher amount in Bitcoin (due to the anticipation building up throughout the story), 0.48 BTC is still a large amount of money in our day and age. It's safe to say that your uncle's actions in 2011 saved him through Bitcoin, so you could easily claim that Bitcoin did save him.

I'm also delighted to hear that you helped unconditionally, without accepting any money as a reward even when it was offered. As @NotATether already mentioned, perhaps he should look into prosthetics; they could radically improve his life.


Title: Re: He saved himself, or BTC saved him??
Post by: topbitcoin on March 16, 2025, 10:04:57 PM
Something very good that can indeed be shared because maybe in the past 0.48 btc was not something to be proud of but with the current price clearly 0.48 btc is a blessing in itself especially with the current increase in value. Luckily he still remembers it because if not more than $ 30k just floated away.

This is a good story as a form of motivation but I will not say this is luck but it is indeed a result of what was done even though maybe previously this was done on the basis of unintentional or just want to try something but it is precisely with things like this that make unexpected and unexpected situations happen just like that.

What is certain is that it is a good thing and very happy to hear this story at this time where nothing is in vain when we want to try something even though it is on the basis of a whim where we just want to try and forget about it.


Title: Re: He saved himself, or BTC saved him??
Post by: hafiztalha on March 16, 2025, 10:59:38 PM
Well i will say it a solid mindset of thinking that people can fail you but your investment can not fail you if investment is been done wisely it can provide financial security when people try to let you down, unlike depending on others your investment can grow in a long term and acn act as a safety net from people.
Well the both and quit not trustworthy investment to can fail in it own part to most the market do fluctuate and also bad decisions can lead to lost in investment most time
If you succeed in making the right decision in picking good assets to invest in, you will be on the right track and won't have anything to worry about even in terms of price fluctuations that shouldn't be considered a problem, as with time it will go back to normal, and most times not just the price will go back to normal, it will rank up to a profiting side; you will only be worrying about it if you invest in something you don't trust very much, which could mean that your investment is not safe as it could collapse anytime.
That's a fair point, but the right asset class is very important. In the long run, a strong investment backed by solid fundamentals almost always recovers from price movements. But even with this, good investments still require quite a bit of patience and strong risk management, Market cycles are volatile, It can be tricky sometimes to stay in the sync and while most long term cycles have a bullish trend for quality assets, it makes sense to keep and eye on different asset classes and stay educated. Having faith in your investment is beneficial, but that trust should be backed by analysis and comprehension of the parameters at hand, not just self confidence. That's where the strategy come into play.


Title: Re: He saved himself, or BTC saved him??
Post by: Despairo on March 17, 2025, 06:07:44 AM
Gone are the days of feudalism, gender discrimination and women always having to sit lower than men.
If you still have the mindset of the feudal generation, you will be the biggest obstacle for your daughter in the future if you have a daughter.
Feudalism still exist, not all job vacancies are opened for public, if you knew or have a relationship with big people, they can offer the job to you.

Gender discrimination is still exist, in the past women are getting discriminated, now men are getting discriminated. Companies mostly prefer with women to work, except it's blue collar jobs, they will give priority for men.

But, white collar jobs is better than blue collar jobs, that's why men got discrimination to work below women.

Quote
Also, if you really want someone to obey and submit to you, you need to make a lot of money and provide everything they need, not just give them a little money to cover their daily living expenses and force them to obey you.
That's why love is bullshit, love is money and marriage is a business/transactional relationship.

Also that's why people don't mind to do illegal thing to make money, as long as they have a lot money, they're fine.

Quote
They have enough potential to make money and can even make more money than you.
Because they can sell their boobs and booty to make more money than men. It's not about prostitution, but if women intentionally wear tight clothes in order to show their boobs or booty, they already sell their body indirectly.

Quote
Actually, whether or not you should disclose your income to your wife is not important and will depend on a number of factors. It is important that if we are to believe ourselves to be exemplary and brave men, we must have an open heart, especially with our loved ones. Don't be competitive, calculating and selfish with those who sacrificed their youth to be with us and take care of our children.
If a woman choose to live with you, she didn't sacrifice her youth, instead she get money from her husband to live.

If you think relationship make woman sacrifice her life, man sacrifices more, he need to pick up his girl in dating, pay everything, drive back to her home, buy gift, talk/discuss about stupid thing etc. While he can take his time to make more money and invest the money he spent to make more money.

Quote
For me, what I worry about more is that my loved ones will disappear because even if I had billions of dollars, I wouldn't be able to bring them back to me. Money? If I lose it, as long as I'm alive, I can earn it back. Money or bitcoin is always available in the world, they are not like our relatives. So just for a little money, I will not let my family happiness break up or my children be unhappy.
Lol lol lol.

If I had billions of dollars, I can just pick other woman, moreover I can have many than just one.


Title: Re: He saved himself, or BTC saved him??
Post by: davis196 on March 17, 2025, 06:53:44 AM
That's a sad story(I'm assuming that the story is true), but I don't think that money(or crypto) can save anyone.
This guy doesn't have legs, got divorced and his kids don't care about him. Yes, Bitcoin probably saved him financially, but I'm sure that his life is miserable and it will continue to be miserable. 0.48 BTC is around 41K USD. It's a decent amount of money, but nothing ground breaking.
I don't know where does your uncle live, but 41K USD can be enough to cover his expenses for several years. He's lucky that he kept his private key safe for more than 10 years. Other early BTC miners simply don't have his luck.


Title: Re: He saved himself, or BTC saved him??
Post by: LogitechMouse on March 17, 2025, 07:30:27 AM
---
In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.

A few days ago, he called my mom, saying he needed to speak to me. I later got in touch with him, and he asked me how to import his BTC private key. He said, "Do you remember that I mined Bitcoin with the 7970?" I replied yes, and he mentioned he didn't know how to import the key.

He was quite sure that he had something left in the wallet. After helping him out, I discovered he had 0.48 BTC in there. This has saved him, I believe. He wanted to send me something as a thank-you, but I refused because he needed the money more than I did.
I'm not familiar with the "7970" that you're saying, but what I just know is that, it's a form of maybe a GPU or a mining equipment. I don't care about how he got it, but I'm into the fact that Bitcoin really saved him at the best time possible. I mean just imagine if his wife knew this before they got divorced. There's a huge chance that the wife will got a portion of it as well hence, that will make things difficult for your uncle at least financially.

It's good that you didn't get the compensation because looking at the story, your uncle surely needs those Bitcoins. At it's current price, that 0.48 BTC is worth $39,840. That's enough for your uncle to sustain his monthly needs in months or even years depending on the cost of living in the country where you're living. Bitcoin saved him I guess.

His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.
I hate seeing parents being alone because their children chooses to go away from them, but you can't blame them because at the end of the day, those children will have their own family. This is the reason why we are investing in our early stages of life so that when the time comes that our children will never look back and take care of us, we still have some funds that could sustain our lives at least for years to come.

Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.
Your children will leave you when he/she grows up that's for sure, but your wife/husband will never leave you (unless something bad happens of course). I'm leaning towards the mindset where I need to save up some assets that will help me and my family sustain our monthly expenses, and the way that I'll be doing it is through dividends that's why I'm investing towards assets that are giving away dividends as well. Of course, I'm still invested into crypto as well, but I believe there will be a time where I'll make a transition where I'll invest more in dividend paying assets rather than cryptocurrencies.


Title: Re: He saved himself, or BTC saved him??
Post by: Slimzeee on March 17, 2025, 09:35:34 AM
He saved himself by saving the Access to the wallet which can now in turn save him. He’s definitely one of the lucky people on earth cos I believe there are some persons that might have mined around same period but either didn’t do so or ended up losing their access.
I really hope he gets a rebound from the current ongoing situation. A deeper acknowledgement to this story will be investing in long-term projects because we never can tell when they will come in handy


Title: Re: He saved himself, or BTC saved him??
Post by: KiaKia on March 19, 2025, 06:37:03 AM
That's a sad story(I'm assuming that the story is true), but I don't think that money(or crypto) can save anyone.
This guy doesn't have legs, got divorced and his kids don't care about him. Yes, Bitcoin probably saved him financially, but I'm sure that his life is miserable and it will continue to be miserable. 0.48 BTC is around 41K USD. It's a decent amount of money, but nothing ground breaking.
I don't know where does your uncle live, but 41K USD can be enough to cover his expenses for several years. He's lucky that he kept his private key safe for more than 10 years. Other early BTC miners simply don't have his luck.

Why did you say that his life will continue to be miserable? While the amount of money he has may not be substantial, it is enough to build three houses in my country, so he will be fine, thank you.

There are many options available to him at this stage. He could hire a maid, invest some of his money, or even start working online with a laptop. Since both his hands and eyes are in good condition, there are various avenues he can explore.

He still breathes, and that's all that matters now. Miserable? Only if he hasn't accepted what happened to him. There is no going back now; what has happened has happened.


Title: Re: He saved himself, or BTC saved him??
Post by: knowngunman on May 23, 2025, 04:41:23 PM
Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.

Aside that the story is heart touching, it has a lot of lessons one can learn from in the aspect of investment for future and also in the aspect of family affairs. The good thing here is that the man did not share that secret with his wife otherwise, he would have lost that too.

Women are dangerous creatures (sorry to say but that's just the truth) they turned children against their father especially when they are not in good term with each other. Very unfortunate that the children took after their mother and forsaken their own father.

This story, whether real or fabricated has shown the importance of saving for future as that's the only good thing you can do to help yourself.


Title: Re: He saved himself, or BTC saved him??
Post by: m2017 on May 23, 2025, 05:04:01 PM
Your partner can leave you, your child can become indifferent, so always have something set aside just in case.
But only bitcoin remains your loyal assistant in any difficult moment (In any point of the world. This is a unique phenomenon, which has no analogues). Even after many years. Especially, after many years. Only bitcoin remains a real "loyal" friend. :) As ironic as it may sound, but that's exactly how it turns out. All you can rely on is bitcoin. Not a bank account, not a pension, not your wife or children. Just don't forget the seed phrase, because it can be your "lifeline" at the last moment, when there is no help left to come from.




Title: Re: He saved himself, or BTC saved him??
Post by: Mahiyammahi on May 23, 2025, 05:09:09 PM
Reading this really brought tears to my eyes, brother. We never understand how unpredictable life can be.
Your uncle's story is actually a life lesson for all of us. He loved technology, and Bitcoin mined out of that love saved him today. But back then, these coins were nothing. When life closes all doors, an old wallet becomes the last hope.
We have to learn from this. You have to keep something for yourself, whether you have family or not.
Because times change, people change too.

If you don't have your own safety net, no one may be around.
That old 7970 GPU, which may have mined a very little BTC, are a blessing for him today. It's worth $50k now
It's better to start thinking a little about your future from today.


Title: Re: He saved himself, or BTC saved him??
Post by: eb66 on May 23, 2025, 05:16:29 PM
Sometimes too, it might not be that the children doesn't want to take care of their parents but the question is, are they themselves financially stable enough to be able to extend a helping hand to their parents or anyone else? Maybe the son doesn't have enough to sustain himself before thinking of the dad or perhaps the wife have turned them against him. Parents have needs to also plan for their own future after retirement or in case of any bad situation, so that they will still have something to fall back at.



If you think that only when you are financially stable or rich, you will think about repaying your parents. I bet you will never repay your parents because you can't be sure when you will be rich and whether your parents will wait for you until then. To me, personal finances are not a reason or barrier that prevents us from showing filial piety to our parents. Because parents don't need you to give them a lot of money, what they need is for you to be there for them no matter what happens.

Through this story, we are reminded that we should always have a backup plan for ourselves instead of thinking that we can rely on our loved ones. But I will not lose faith or doubt my loved ones because of this story. The world will have this person and that person and the man in this story is just the unlucky one.

In my village and those 3 people are my close friends. Their father is sick and bedridden but his wife and 3 children have taken care of him for more than 15 years without a single complaint. They were willing to sacrifice their youth to take care of their sick father, which shows that not everyone is as cruel and heartless as the wife and children in OP's story.


So like - the debt to parents can never be repaid. Bitcoin doesn’t replace the human obligation to care for one another, especially for our parents. It's true that many in the world struggle just to support themselves. Yet I’ve seen people with very little still do everything they can to care for their parents —sometimes just with time, words, or just like being there. That’s more meaningful than money.


Title: Re: He saved himself, or BTC saved him??
Post by: Botnake on May 23, 2025, 10:36:52 PM
Reading this really brought tears to my eyes, brother. We never understand how unpredictable life can be.
Your uncle's story is actually a life lesson for all of us. He loved technology, and Bitcoin mined out of that love saved him today. But back then, these coins were nothing. When life closes all doors, an old wallet becomes the last hope.
We have to learn from this. You have to keep something for yourself, whether you have family or not.
Because times change, people change too.

If you don't have your own safety net, no one may be around.
That old 7970 GPU, which may have mined a very little BTC, are a blessing for him today. It's worth $50k now
It's better to start thinking a little about your future from today.
I guess it also depends on what kind of family you have. If they’re just good only for money, surely they will leave you when you have nothing to give. But that’s not a real family is.

However, it’s really a must not just to rely on your job or a single source of income. Take the risk to invest, or gain some side hustles that will bring additional profits to your main income. That way, if ever you lose your job, at least you have your passive income that will continue to bring money for you. And your family at least will never be left suffering from financial crisis.


Title: Re: He saved himself, or BTC saved him??
Post by: Ever-young on May 23, 2025, 11:03:58 PM
But only bitcoin remains your loyal assistant in any difficult moment (In any point of the world. This is a unique phenomenon, which has no analogues). Even after many years. Especially, after many years. Only bitcoin remains a real "loyal" friend. :) As ironic as it may sound, but that's exactly how it turns out. All you can rely on is bitcoin. Not a bank account, not a pension, not your wife or children. Just don't forget the seed phrase, because it can be your "lifeline" at the last moment, when there is no help left to come from.
Your wife can disappoint and betray you when you need her the most, your children can choose their new family over you when you might need them the most, your friends might get tired of you and move on if they consider you to be a problem to them, your bank can decide not to give you your money when you want to make use of it as they can come up with any excuse, but as long as you store your bitcoin in a self custody wallet and have access to your private key you don’t have anything to worry about, with internet access you can save yourself from any financial situation which the money you have their can solve.


Title: Re: He saved himself, or BTC saved him??
Post by: rodskee on May 23, 2025, 11:46:10 PM
But only bitcoin remains your loyal assistant in any difficult moment (In any point of the world. This is a unique phenomenon, which has no analogues). Even after many years. Especially, after many years. Only bitcoin remains a real "loyal" friend. :) As ironic as it may sound, but that's exactly how it turns out. All you can rely on is bitcoin. Not a bank account, not a pension, not your wife or children. Just don't forget the seed phrase, because it can be your "lifeline" at the last moment, when there is no help left to come from.
Your wife can disappoint and betray you when you need her the most, your children can choose their new family over you when you might need them the most, your friends might get tired of you and move on if they consider you to be a problem to them, your bank can decide not to give you your money when you want to make use of it as they can come up with any excuse, but as long as you store your bitcoin in a self custody wallet and have access to your private key you don’t have anything to worry about, with internet access you can save yourself from any financial situation which the money you have their can solve.
you can only have yourself until you die of course but if you don’t trust your family then i am guessing that even after you pass you wouldn’t want to leave your bitcoin to them? so no need to worry about how will you pass on your wealth to your kids

a lot of us are earning money for our families we are using bitcoin to improve the lives of our family i believe that if we treat our family right they would never leave us


Title: Re: He saved himself, or BTC saved him??
Post by: tread93 on May 24, 2025, 12:19:47 AM
I never thought I would witness something like this unfold in real life, especially close to home.

I have an uncle who has always loved technology. That's all I really knew about him when I was younger. He was a government worker at the time, and everything seemed fine. He was married with two kids, and life was going well until he had an accident.

The accident cost him both of his legs. Since then, his wife took over everything, and they moved far away from us, which caused our relationship to fade. Now, all we do is talk on the phone.

The last time I heard anything about him was when my mom told me that his wife had divorced him. He had no money or means to take care of his family which lead to the divorce but he did do something right.

In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.

A few days ago, he called my mom, saying he needed to speak to me. I later got in touch with him, and he asked me how to import his BTC private key. He said, "Do you remember that I mined Bitcoin with the 7970?" I replied yes, and he mentioned he didn't know how to import the key.

He was quite sure that he had something left in the wallet. After helping him out, I discovered he had 0.48 BTC in there. This has saved him, I believe. He wanted to send me something as a thank-you, but I refused because he needed the money more than I did.

His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.

Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.

Wow, even after losing his legs due to an accident his wife left him alone with no way to support himself? Thats petty. What an awful wife. Terrible thing when your own family won't care for you in your time of need. Makes me question how the man treated his family also you have to look at both ends of the stick but still. I mean losing one leg is a lot but both legs? I mean holy hell thats life changing and awful at the same time. Feel bad for the guy, thank God he mined that bitcoin way back when.


Title: Re: He saved himself, or BTC saved him??
Post by: X-ray on May 24, 2025, 03:26:08 AM
That was a really sad story to read but hopefully he can fully take advantage of the BTC he is having right now and start a new life.

I always knew this kind of thing does happen and still feeling sad if it happened for real.


Title: Re: He saved himself, or BTC saved him??
Post by: DanWalker on May 24, 2025, 07:43:19 AM


Aside that the story is heart touching, it has a lot of lessons one can learn from in the aspect of investment for future and also in the aspect of family affairs. The good thing here is that the man did not share that secret with his wife otherwise, he would have lost that too.

Women are dangerous creatures (sorry to say but that's just the truth) they turned children against their father especially when they are not in good term with each other. Very unfortunate that the children took after their mother and forsaken their own father.

This story, whether real or fabricated has shown the importance of saving for future as that's the only good thing you can do to help yourself.

To be more precise, humans are dangerous and unpredictable creatures, not only are women bad people and all men in the world are gentle and kind creatures. There are many cases of sons abandoning/killing their elderly parents just for money, or drug-addicted/gambling fathers selling their children...and according to reports, social evils are mostly caused by men. So to be fair, it's not a gender issue, everyone has their own personality and it depends on the person, there will be good people and bad people in any gender.

But yes, this story teaches us a lesson that anything can happen and we should have a backup plan and save for the future.


Title: Re: He saved himself, or BTC saved him??
Post by: michellee on May 24, 2025, 09:05:52 AM
I never thought I would witness something like this unfold in real life, especially close to home.

I have an uncle who has always loved technology. That's all I really knew about him when I was younger. He was a government worker at the time, and everything seemed fine. He was married with two kids, and life was going well until he had an accident.

The accident cost him both of his legs. Since then, his wife took over everything, and they moved far away from us, which caused our relationship to fade. Now, all we do is talk on the phone.

The last time I heard anything about him was when my mom told me that his wife had divorced him. He had no money or means to take care of his family which lead to the divorce but he did do something right.

In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.

A few days ago, he called my mom, saying he needed to speak to me. I later got in touch with him, and he asked me how to import his BTC private key. He said, "Do you remember that I mined Bitcoin with the 7970?" I replied yes, and he mentioned he didn't know how to import the key.

He was quite sure that he had something left in the wallet. After helping him out, I discovered he had 0.48 BTC in there. This has saved him, I believe. He wanted to send me something as a thank-you, but I refused because he needed the money more than I did.

His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.

Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.

Wow, even after losing his legs due to an accident his wife left him alone with no way to support himself? Thats petty. What an awful wife. Terrible thing when your own family won't care for you in your time of need. Makes me question how the man treated his family also you have to look at both ends of the stick but still. I mean losing one leg is a lot but both legs? I mean holy hell thats life changing and awful at the same time. Feel bad for the guy, thank God he mined that bitcoin way back when.
That can happen in family so we should prepare for the worst thing that may happen. That guy really luck saved his Bitcoin from the old time so he can use Bitcoin and sell it if he want. That will change his life because with the money he had, he can start a new life with or without his family.

Well, he saved himself and Bitcoin saved him by giving a chance to have a better life than before. You, @OP are part of that guy so you should happy seeing him can survive in his hard situation. It is sad story but there is something good behind this story and make him survive. Now, he can enjoy the money and do something for himself so he can earn money.


Title: Re: He saved himself, or BTC saved him??
Post by: tread93 on May 25, 2025, 01:46:33 AM
I never thought I would witness something like this unfold in real life, especially close to home.

I have an uncle who has always loved technology. That's all I really knew about him when I was younger. He was a government worker at the time, and everything seemed fine. He was married with two kids, and life was going well until he had an accident.

The accident cost him both of his legs. Since then, his wife took over everything, and they moved far away from us, which caused our relationship to fade. Now, all we do is talk on the phone.

The last time I heard anything about him was when my mom told me that his wife had divorced him. He had no money or means to take care of his family which lead to the divorce but he did do something right.

In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.

A few days ago, he called my mom, saying he needed to speak to me. I later got in touch with him, and he asked me how to import his BTC private key. He said, "Do you remember that I mined Bitcoin with the 7970?" I replied yes, and he mentioned he didn't know how to import the key.

He was quite sure that he had something left in the wallet. After helping him out, I discovered he had 0.48 BTC in there. This has saved him, I believe. He wanted to send me something as a thank-you, but I refused because he needed the money more than I did.

His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.

Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.

Wow, even after losing his legs due to an accident his wife left him alone with no way to support himself? Thats petty. What an awful wife. Terrible thing when your own family won't care for you in your time of need. Makes me question how the man treated his family also you have to look at both ends of the stick but still. I mean losing one leg is a lot but both legs? I mean holy hell thats life changing and awful at the same time. Feel bad for the guy, thank God he mined that bitcoin way back when.
That can happen in family so we should prepare for the worst thing that may happen. That guy really luck saved his Bitcoin from the old time so he can use Bitcoin and sell it if he want. That will change his life because with the money he had, he can start a new life with or without his family.

Well, he saved himself and Bitcoin saved him by giving a chance to have a better life than before. You, @OP are part of that guy so you should happy seeing him can survive in his hard situation. It is sad story but there is something good behind this story and make him survive. Now, he can enjoy the money and do something for himself so he can earn money.

He can certainly now afford to upgrade his lifestyle with some high tech machinery for better mobility. Hopefully he can find a way to make that little easter egg last and he can build upon it. It truly is a sad story and I do hope that OP can and will do everything in his power to help this poor man. Anyways, good thing to have Bitcoin always! Whether for a rainy day or just in case your legs fly off!!!! Too soon? I am so sorry. I couldn't resist a little funny joke, lets kick it off to the next topic. I know some people can't stand that. I didn't mean to get off on the wrong foot. Why don't you just dip your toe in the water and see it from my heel side hahahhahhahhhahah. Okay okay anyhow gotta run!!!! Lmfao I am so imature sometimes.


Title: Re: He saved himself, or BTC saved him??
Post by: Swordsoffreedom on May 25, 2025, 02:26:41 AM
But only bitcoin remains your loyal assistant in any difficult moment (In any point of the world. This is a unique phenomenon, which has no analogues). Even after many years. Especially, after many years. Only bitcoin remains a real "loyal" friend. :) As ironic as it may sound, but that's exactly how it turns out. All you can rely on is bitcoin. Not a bank account, not a pension, not your wife or children. Just don't forget the seed phrase, because it can be your "lifeline" at the last moment, when there is no help left to come from.
Your wife can disappoint and betray you when you need her the most, your children can choose their new family over you when you might need them the most, your friends might get tired of you and move on if they consider you to be a problem to them, your bank can decide not to give you your money when you want to make use of it as they can come up with any excuse, but as long as you store your bitcoin in a self custody wallet and have access to your private key you don’t have anything to worry about, with internet access you can save yourself from any financial situation which the money you have their can solve.

What you two are saying sounds like bitcoin is the only savior in this world and there is no one more trustworthy. Should we give up everything in life like religion, relatives, banks, friends...and put our trust only in bitcoin? LOL

In this case, it was he who saved himself, not bitcoin. Because if he doesn't hold bitcoins but instead has some money in the bank or any valuable asset, that could save him too.

After all: bitcoin is just a financial instrument and we can only own it if we have money, Bitcoin is not free. Meanwhile, parents, wife, children or friends will be ready to help even when we are in dire straits. We can't assume that everyone in the world is as bad as this guy's relatives , this is just a rare case.


Title: Re: He saved himself, or BTC saved him??
Post by: Hanadawa on May 25, 2025, 04:20:19 AM
But only bitcoin remains your loyal assistant in any difficult moment (In any point of the world. This is a unique phenomenon, which has no analogues). Even after many years. Especially, after many years. Only bitcoin remains a real "loyal" friend. :) As ironic as it may sound, but that's exactly how it turns out. All you can rely on is bitcoin. Not a bank account, not a pension, not your wife or children. Just don't forget the seed phrase, because it can be your "lifeline" at the last moment, when there is no help left to come from.
Your wife can disappoint and betray you when you need her the most, your children can choose their new family over you when you might need them the most, your friends might get tired of you and move on if they consider you to be a problem to them, your bank can decide not to give you your money when you want to make use of it as they can come up with any excuse, but as long as you store your bitcoin in a self custody wallet and have access to your private key you don’t have anything to worry about, with internet access you can save yourself from any financial situation which the money you have their can solve.
What you two are saying sounds like bitcoin is the only savior in this world and there is no one more trustworthy. Should we give up everything in life like religion, relatives, banks, friends...and put our trust only in bitcoin? LOL
In this case, it was he who saved himself, not bitcoin. Because if he doesn't hold bitcoins but instead has some money in the bank or any valuable asset, that could save him too.
After all: bitcoin is just a financial instrument and we can only own it if we have money, Bitcoin is not free. Meanwhile, parents, wife, children or friends will be ready to help even when we are in dire straits. We can't assume that everyone in the world is as bad as this guy's relatives , this is just a rare case.
I think talking about assets and relationships is a different story. I agree with the fact that our closest ones can still leave us. Your wife can leave you if she no longer has an emotional bond. Your daughter can leave you because she has a partner. And your son can leave you because he has his own life. But that is in the scope of social relationships. I mean a person can choose to be an individualist or get into a relationship with someone else and start a family. And talking about assets I think the important point here is that you should have your own assets or money that can help you when you are in a difficult situation. And it doesn't have to be Bitcoin. But you should make sure that it is not a joint property with your wife (in the case mentioned by OP). And yes Bitcoin is one of the options. If we talk about blocked bank accounts or stolen property I think it is very unlikely. But still provide a place in your finances to store your assets in the form of Bitcoin in a cold wallet because it cannot be intervened by anyone.


Title: Re: He saved himself, or BTC saved him??
Post by: Mastercon on May 25, 2025, 04:30:51 AM
Reality is in this current time and for foreseeable future if you store a meaningful amount of wealth in bitcoin it’s better off with multiple custodians that self custody.
People buying bitcoin ETF aren't looking to use it as money and neither are most Bitcoiners. Bitcoin smiles upon those who help themselves. Decentralization is faster in practice... if you're really trying to move large amounts of money, then you can remove the process of vetting trusted third parties with Bitcoin, thereby saving loads of time, days, weeks, even. Wild isn't it? How they will adopt crazy ideas about Bitcoin that are blatantly not how it functions because they wish it functioned like that to make the cool stuff they want to do easier. I suspect a lot of this comes from traditional development environment norms where you can dictate the software users are using. One aspect to the trilemma is that we can build the new financial system on top of Bitcoin. On chain does not necessarily need to scale to achieve that. The LN shows us that we can achieve speed and security at the cost of some centralization and that this is an acceptable trade-off. The base layer needs to be decentralized and secure.
 


Title: Re: He saved himself, or BTC saved him??
Post by: eb66 on September 08, 2025, 01:19:18 PM
But only bitcoin remains your loyal assistant in any difficult moment (In any point of the world. This is a unique phenomenon, which has no analogues). Even after many years. Especially, after many years. Only bitcoin remains a real "loyal" friend. :) As ironic as it may sound, but that's exactly how it turns out. All you can rely on is bitcoin. Not a bank account, not a pension, not your wife or children. Just don't forget the seed phrase, because it can be your "lifeline" at the last moment, when there is no help left to come from.
Your wife can disappoint and betray you when you need her the most, your children can choose their new family over you when you might need them the most, your friends might get tired of you and move on if they consider you to be a problem to them, your bank can decide not to give you your money when you want to make use of it as they can come up with any excuse, but as long as you store your bitcoin in a self custody wallet and have access to your private key you don’t have anything to worry about, with internet access you can save yourself from any financial situation which the money you have their can solve.
What you two are saying sounds like bitcoin is the only savior in this world and there is no one more trustworthy. Should we give up everything in life like religion, relatives, banks, friends...and put our trust only in bitcoin? LOL
In this case, it was he who saved himself, not bitcoin. Because if he doesn't hold bitcoins but instead has some money in the bank or any valuable asset, that could save him too.
After all: bitcoin is just a financial instrument and we can only own it if we have money, Bitcoin is not free. Meanwhile, parents, wife, children or friends will be ready to help even when we are in dire straits. We can't assume that everyone in the world is as bad as this guy's relatives , this is just a rare case.
I think talking about assets and relationships is a different story. I agree with the fact that our closest ones can still leave us. Your wife can leave you if she no longer has an emotional bond. Your daughter can leave you because she has a partner. And your son can leave you because he has his own life. But that is in the scope of social relationships. I mean a person can choose to be an individualist or get into a relationship with someone else and start a family. And talking about assets I think the important point here is that you should have your own assets or money that can help you when you are in a difficult situation. And it doesn't have to be Bitcoin. But you should make sure that it is not a joint property with your wife (in the case mentioned by OP). And yes Bitcoin is one of the options. If we talk about blocked bank accounts or stolen property I think it is very unlikely. But still provide a place in your finances to store your assets in the form of Bitcoin in a cold wallet because it cannot be intervened by anyone.

I think "all you can rely on is bitcoin" is a step too far.

You have your self, your intelligence, your talents. Remember Matthew 6:21, "where your treasure is, there your heart will be also", and prioritize accordingly. There will be rough patches, sure, but bitcoin is simply a tool.


Title: Re: He saved himself, or BTC saved him??
Post by: betswift on September 08, 2025, 01:23:53 PM
Reality is in this current time and for foreseeable future if you store a meaningful amount of wealth in bitcoin it’s better off with multiple custodians that self custody.
People buying bitcoin ETF aren't looking to use it as money and neither are most Bitcoiners. Bitcoin smiles upon those who help themselves. Decentralization is faster in practice... if you're really trying to move large amounts of money, then you can remove the process of vetting trusted third parties with Bitcoin, thereby saving loads of time, days, weeks, even. Wild isn't it? How they will adopt crazy ideas about Bitcoin that are blatantly not how it functions because they wish it functioned like that to make the cool stuff they want to do easier. I suspect a lot of this comes from traditional development environment norms where you can dictate the software users are using. One aspect to the trilemma is that we can build the new financial system on top of Bitcoin. On chain does not necessarily need to scale to achieve that. The LN shows us that we can achieve speed and security at the cost of some centralization and that this is an acceptable trade-off. The base layer needs to be decentralized and secure.

They want everything centralized..And the more opportunities they see, the better for them.

Unfortunately, if we want BTC to flourish, we will need them to allow it to become mainstream and used, otherwise, there will be loopholes, but no real usage of BTC as an alternative.


Title: Re: He saved himself, or BTC saved him??
Post by: eb66 on September 08, 2025, 02:01:31 PM
Reality is in this current time and for foreseeable future if you store a meaningful amount of wealth in bitcoin it’s better off with multiple custodians that self custody.
People buying bitcoin ETF aren't looking to use it as money and neither are most Bitcoiners. Bitcoin smiles upon those who help themselves. Decentralization is faster in practice... if you're really trying to move large amounts of money, then you can remove the process of vetting trusted third parties with Bitcoin, thereby saving loads of time, days, weeks, even. Wild isn't it? How they will adopt crazy ideas about Bitcoin that are blatantly not how it functions because they wish it functioned like that to make the cool stuff they want to do easier. I suspect a lot of this comes from traditional development environment norms where you can dictate the software users are using. One aspect to the trilemma is that we can build the new financial system on top of Bitcoin. On chain does not necessarily need to scale to achieve that. The LN shows us that we can achieve speed and security at the cost of some centralization and that this is an acceptable trade-off. The base layer needs to be decentralized and secure.

They want everything centralized..And the more opportunities they see, the better for them.

Unfortunately, if we want BTC to flourish, we will need them to allow it to become mainstream and used, otherwise, there will be loopholes, but no real usage of BTC as an alternative.

"They" may prefer to see bitcoin centralized, however decentralization is necessary for bitcoin to be used as medium-of-exchange.

It's a balance of dependencies.  Store-of-value is a necessary pre-requisite for medium-of-exchange, and likewise store-of-value depends on usage as medium-of-exchange.

Why is this?

b/c value isn’t created in a vacuum:

- If bitcoin is only a medium of exchange but nobody wants to hold it long term, then it won’t store value—people will only pass it on and dump it (Monero here as an example)
- On the other hand, if it’s only treated as a store-of-value without meaningful usage in exchange, then its value is fragile, because markets are thin and demand depends on pure speculation

The two reinforce each other. Store of value is naturally centralizing imo, but decentralization is what gives bitcoin value as medium of exchange.


Title: Re: He saved himself, or BTC saved him??
Post by: OsaiEmma on September 10, 2025, 01:55:49 AM
I never thought I would witness something like this unfold in real life, especially close to home.

I have an uncle who has always loved technology. That's all I really knew about him when I was younger. He was a government worker at the time, and everything seemed fine. He was married with two kids, and life was going well until he had an accident.

The accident cost him both of his legs. Since then, his wife took over everything, and they moved far away from us, which caused our relationship to fade. Now, all we do is talk on the phone.

The last time I heard anything about him was when my mom told me that his wife had divorced him. He had no money or means to take care of his family which lead to the divorce but he did do something right.

In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.

A few days ago, he called my mom, saying he needed to speak to me. I later got in touch with him, and he asked me how to import his BTC private key. He said, "Do you remember that I mined Bitcoin with the 7970?" I replied yes, and he mentioned he didn't know how to import the key.

He was quite sure that he had something left in the wallet. After helping him out, I discovered he had 0.48 BTC in there. This has saved him, I believe. He wanted to send me something as a thank-you, but I refused because he needed the money more than I did.

His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.

Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.
All I can hear here is, marriage and love is not what they told us it is, or how we thought it is, and besides, initially, ur partner was a stranger, the only sad thing here are his children, God bless ur Uncle.


Title: Re: He saved himself, or BTC saved him??
Post by: tread93 on September 12, 2025, 03:51:38 AM
I never thought I would witness something like this unfold in real life, especially close to home.

I have an uncle who has always loved technology. That's all I really knew about him when I was younger. He was a government worker at the time, and everything seemed fine. He was married with two kids, and life was going well until he had an accident.

The accident cost him both of his legs. Since then, his wife took over everything, and they moved far away from us, which caused our relationship to fade. Now, all we do is talk on the phone.

The last time I heard anything about him was when my mom told me that his wife had divorced him. He had no money or means to take care of his family which lead to the divorce but he did do something right.

In those days when we used to discuss technology, he mined Bitcoin (BTC) in an old pool. He referred to his mining rig as the "7970." However, since the value of Bitcoin wasn't very high at the time, he just left it in an old wallet.

A few days ago, he called my mom, saying he needed to speak to me. I later got in touch with him, and he asked me how to import his BTC private key. He said, "Do you remember that I mined Bitcoin with the 7970?" I replied yes, and he mentioned he didn't know how to import the key.

He was quite sure that he had something left in the wallet. After helping him out, I discovered he had 0.48 BTC in there. This has saved him, I believe. He wanted to send me something as a thank-you, but I refused because he needed the money more than I did.

His son doesn't look back, the daughter married to another man and they are out of the country. I hope we don’t end up having children who will never look back and take care of us in the future.

Please understand that I don’t like discussing my family online, but this experience has been surprising and provided a valuable lesson. It's a reminder for those who are taking care of their families without planning for their own futures. Your partner can leave you, your child can become indifferent, so always have something set aside just in case.

You know this is not bad advice at all OP, youre not the first person who I've heard something like this from. People can change, lets just hope that they change in a reasonable way and make sure to pray that things will work out in your favor and to have strong relationships


Title: Re: He saved himself, or BTC saved him??
Post by: boyptc on September 12, 2025, 04:36:59 AM
You know this is not bad advice at all OP, youre not the first person who I've heard something like this from. People can change, lets just hope that they change in a reasonable way and make sure to pray that things will work out in your favor and to have strong relationships
We want things to work for them but with the looks on his uncle, I don't think a reconciliation is going to happen.

It's nice that he's there to help and Bitcoin really saves a lot of people in different situation. Those wallets that have some balance that have been forgotten for so long and woke up in the right time.

We love to see more of these stories because that's how it should be when someone who's in bad situation and yet saved Bitcoin and by that time, that's his resort to make his life at least recover in that bad timing.