Post
Topic
Board Bitcoin Discussion
Re: Miss Bitcoin
by
Sweetbtc
on 18/04/2018, 16:14:29 UTC
What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?

There's no way to recover it. It will lost forever and won't be re-create again. In return the demand of bitocin increase and supply decrease which case increase the price. So its better to save your private keys somewhere or tell someone closest you know about your key. Private key is the only way to get access to your precious coins.