Post
Topic
Board Beginners & Help
Re: What happens to lost bitcoins
by
haderach
on 11/04/2013, 20:17:02 UTC
Your simple solution doesn't work like bdamm outlined. The blockchain is a ledger and unless you have the private key of the account you can't initiate the transaction to reclaim those keys. It is a design intent of bitcoin that currency will be lost, just like our real commodities and currencies are never 100% recycled.