Post
Topic
Board Bitcoin Discussion
Re: Miss Bitcoin
by
K0korap
on 19/04/2018, 06:46:51 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?

I think this still goes to the simple concept of conversion of values from one currency to another. You can just think of BTC as a new currency that is generated throught digital platform. You can'y create unlimited supplies of BTC since it is based on the value that it acquired through investments.