Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin lost forever
by
xSkylarx
on 28/01/2023, 05:40:15 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.

Not sure where you got it, but 50% is huge and it is not possible. In my research, I discovered that it was only 3.7 million, so it was not 50% of Bitcoin circulation. The cause of this is that the investor or buyer misplaced or forgot the keys. But I was thinking that if bitcoin depreciated in the future, the possibility of hacking those addresses in the bitcoin that own Big Chuck is high for a test as the technology involved and they will try to penetrate it, but for now it is impossible; it's like building a time machine now is impossible, but there is a possibility in the future if we have the right technology.