The real tragedy here is not that he lost $40K, but that crypto is the controversy generator that is part of the bread and butter of mass media, which in turn is a large part of the reason why cryptocurrencies have value in the first place. The loss of $40K didn't just happen due to this developer's mistake, but also because he was able to store $40K in crypto in the first place, and that partially happened because of people like us, reading this news story.
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The real tragedy here is not that he lost $40K, but that crypto is the controversy generator that is part of the bread and butter of mass media, which in turn is a large part of the reason why cryptocurrencies have value in the first place. The loss of $40K didn't just happen due to this developer's mistake, but also because he was able to store $40K in crypto in the first place, and that partially happened because of people like us, reading this news story.