Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin lost forever
by
davis196
on 27/01/2023, 07:06:07 UTC
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.

If you ever lose some paper cash, is there a chance to find it? In most cases there's no chance to return the lost cash.
Why do you think that Bitcoin should be different than paper cash? Just because Bitcoin is an electronic form of payment(digital currency) doesn't mean that all the people, who lost Bitcoins due to making mistakes, would have an easy way to get them back.
If you are complaining about this "feature" of Bitcoin, just don't use it and pick some altcoin. The same problem remains in all altcoins.
What happens when you lose your Ethereum, Monero or Cardano? Is there a chance to recover the lost altcoins? I don't think so.