Post
Topic
Board Bitcoin Discussion
Re: 22 Bitcoin interesting facts
by
ILuckyGuyI
on 20/09/2020, 21:17:08 UTC

9.If you lose your private key (Bitcoin wallet), you lose your Bitcoins.
You store your Bitcoins in a digital wallet. You can log in and check your balance. One thing, though, you have to be very careful when it comes to storing your password and key, which is what allows you to access your digital Bitcoin wallet. If you lose this access, you’ll lose access to your Bitcoin wallet and the amount you have inside.

It's thought that around 20% of the entire Bitcoin supply is 'lost', primarily due to misplaced or stolen keys, or laptops or computers that have been discarded.


This is one of the things that I don't like about Bitcoin. I think that a solution needs to be created for this situation. We should reach our wallets somehow when we accidentally lose our private key.