I read on lost Bitcoin today on the coin telegram on the topic of lost Bitcoin and I stopped to wonder what benefits the lost Bitcoin are to every holder, there is no gainsaying how much Bitcoin we have all lost due to one reason or the other some to a wrong address I hard of a guy that lost the private key to a wallet holding about 13,000 Bitcoin and wants to ask should we take such accidents as a donation to Bitcoin holders?
Well, in a kind of way you are right, money that are lost in cryptocurrency can’t be recovered, as long as the owners don’t have access to it again or they don’t have their private keys, there will be no way for it to be recovered.
So, it’s best that we see it as a donation to the Bitcoin blockchain or market, because those money are now like an investment that the users have decided to invest and leave it there, and is now part of the market and just stays there in form of a fund that is there to support the Bitcoin market. So, you have really made a point. But I know that those who have lost their bitcoins would be happy if they are to get access back into it, and they wouldn’t waste anytime at all in selling it, that I know for sure.