Quote from: witcher_sense on Today at 05:45:06 AM

Quote from: Great atomGs on Today at 12:45:17 AM

If bitcoin was created in such a way that it could never be hacked does it mean most of the btc is lost forever cause from my research i found that 50% of btc have been lost and can never be recovered isn't that a scary prosect that majority of the btc goes untouched maybe for like a thousand years till maybe future generations finally access it but by then it would be worthless so in truth only a very few get to benefit from it just like most things that have value in this world.

You could benefit from the fact that Bitcoin is a robust system resistant to unauthorized access from undesirable individuals. For example, you could purchase a small amount of this decentralized asset and keep it until it becomes a widely-accepted currency for international trade. If you take all necessary precautions and will follow all security advice and guidance regarding how to protect your sensitive data properly, there is a high chance that others' lost bitcoin will make you a wealthy person. And for future reference, there is a distinct difference between lost bitcoin and bitcoin that was burned or destroyed provably; in the former case, it is still possible that it will be recovered in the future or "accidentally found" by its previous owners.

but I think bitcoins that are lost and found again by their owners have a smaller percentage than those lost because the owner died or lost access to his wallet. coupled with the fact that most people save bitcoin for long term investment. but in my opinion this is what is interesting because with increasing interest and a small number of bitcoins circulating in the market it will increase the price, because it seems as if bitcoins are getting scarcer. but we certainly don't know how it will develop in the future