Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin lost forever
by
serjent05
on 28/01/2023, 22:20:06 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

Care to share your sources here that make you think or make you come to the conclusion that 50% of BTC has been lost forever?  Holders may find it unnecessary to move their bitcoin holdings since they are not yet selling them.  Bitcoin being idle does not mean that it is already lost in circulation.


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.

I do not think it is scary because whether our BTC will get lost or not depends on how we secure our bitcoins.  If you are well versed in securing cryptocurrency then it wouldn't scared you away but rather make you more interesting because of the possibilities of income.