Post
Topic
Board Bitcoin Discussion
Re: Bitcoin out of circulation
by
skorupi17
on 03/10/2017, 02:20:03 UTC
If some people has lots of bitcoin in their offline wallets and they die or lose memory.

Then those coins will be out of circulation right? Or is there any way to recover them?

They will be lost forever, unfortunately and fortunately. Unfortunately because it would be a disappointment to lose some Bitcoin isn't it and fortunately because it will add to the scarcity of Bitcoin in the market that would make the price increase. There is no way to recover these Bitcoins unless there is someone that can crack or know your private key.