One More Thought: Lost Bitcoin Fortunes

The video discusses Bitcoin's significant rise in value, reaching over $40,000, and its growing acceptance by major companies like PayPal. Despite debates about its legitimacy, experts like Scott Minerd predict its value could reach $400,000. However, a major issue is the security of Bitcoin, as losing passwords can result in lost fortunes, with 20% of Bitcoin currently inaccessible. The video highlights stories of individuals who have lost access to millions due to forgotten passwords or misplaced hard drives.

What was the previous peak value of Bitcoin before its recent rise?

• $10,000

• $20,000

• $30,000

• $40,000

Which investor believes Bitcoin's value could reach $400,000?

• Scott Minerd

• Warren Buffett

• Elon Musk

• Kathy Wood

What is a major issue with Bitcoin that can lead to losing access to it?

• High transaction fees

• Volatile market value

• Forgetting the password

• Government regulations

What percentage of Bitcoin is estimated to be lost or misplaced?

• 20%

• 25%

• 15%

• 10%

How much is the lost or misplaced Bitcoin estimated to be worth?

• $120 billion

• $100 billion

• $140 billion

• $160 billion