Post
Topic
Board Bitcoin Discussion
Re: If bitcoin owner die. It means bitcoin also lost forever?
by
alfs75
on 05/05/2018, 14:39:59 UTC
I just got this question in my mind. What will happen if no one knows about the pasword of his/her acount will it posibly deduct to the main supply of bitcoin? Example bitcoin was 21million supply and one man got 1 million bitcoin he was holding and suddenly he died no one can open his wallet is it posible that the remaining 20 million bitcoin forever?

Supposedly thats all been  happen in my own perception, if those bitcoin owners die and  the property of bitcoin in his own would die also,if  he cannot inherit the bitcoin into his family or sibling everything also would diminished,because no one could know the private key of all his own portfolio wallet only herself,even he can put into the exchange trading market.unless there is member of his  family  that he could teach about the cryptocurrency and how to used it in the exchange market.