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Cryptoriking dead: Giant fortune can smoke

When the controversial cryptocurrency billionaire Mircea Popescu (41) died suddenly at the end of June, he left behind a gigantic fortune in bitcoin.

He is said to have been taken by the current when he was swimming, off the coast of Costa Rica, according to, among other things New York Post, which cites local media.

It is speculated that the huge bitcoin holdings left by the Romanian are one of the world’s largest held by an individual.

Now it is unclear what happens to the giant values.

– Eide 30 000 bitcoins

One bitcoin is currently worth just over 34,000 dollars. The digital currency has, as is well known, had a wild growth in recent years.

Popescu is described as a crypto-pioneer who put on tens of thousands of bitcoins when he passed away. Some claim it is said to have involved as much as 30,000 of the digital coin.

If the estimates are correct, his bitcoins may have been worth a staggering $ 2 billion, about $ 17 billion, around the peak in April.

However, the price has fallen somewhat since then. If Popescu had 30,000 of the digital coin, they are today worth 8.8 billion kroner.

Controversial

The billionaire is said to have held the cards close to his chest. Some wonder if he may have been sitting on much more.

Popescu is said to have made a name for himself in cryptocurrencies for his blogging about bitcoin and other cryptocurrencies on various platforms. However, he was a controversial figure, as several of his schemes are said to have been racist and sexist, according to Australian News.com.

Fortune at stake

What happens to Popescu’s giant fortune is now an open question.

“Access to Mircea Popescu’s alleged bitcoin billions would only be available via his private password, whether he stored them digitally or in a cold wallet as a physical Bitcoin wallet,” Voyager cryptocurrency chief Steve Ehrlich told Market Watch.

– It is unclear whether anyone other than Popescu has access to these wallets, he adds.

– Make others worth more

Although Popescu’s survivors are probably now tearing their hair out, some believe that the lost bitcoins may be good news for others who own bitcoins.

The loss could make existing bitcoins more valuable, because the total number of bitcoins will never exceed 21 million pieces, writes Market Watch.

According to Financial Times Investor Anthony Pompliano wrote this in a tweet which he later deleted:

– We may never know how many have been lost, or if they actually are, but let me remind you of what Satoshi (the founder of bitcoin) once said: «Lost coins only make everyone else’s worth a little more. Look at it as a donation to the rest ».

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