Post
Topic
Board Beginners & Help
Re: What would happen if half or many many users lost their wallets?
by
Smileyftw
on 05/02/2014, 07:03:54 UTC
People lost their bitcoin not because of something broken lol.
They throw away / format their computer before making backups.
They forget the long password used to encrypt their wallets.
They keep their paper wallets in a "safe place", and they somehow can't find it afterwards.
... ...

Unfortunately people are not cautious enough with their BTC address