![Senior caucasian man holding blank empty banner while covering mouth with his hand, shocked and afraid of a mistake he made with a surprised expression on his face.](https://i0.wp.com/www.virtualpreacher.org/wp-content/uploads/2020/12/thumbnail-image-costly-mistakes-final.jpg?resize=629%2C419&ssl=1)
Introduction
Mistakes! How interesting? CNBC (Consumer News and Business Channel) once published the story of James Howells. Howells had mistakenly discarded a hard disk with a large sum of bitcoins in it. It was too late when he realized what happened. The hard disk ended up in a garbage dump getting buried underneath tons of waste. Retrieval was not only impossible but illegal. That mistake cost Howell a whopping 127 million dollars in bitcoins! He never saw the hard drive or his precious bitcoins again.