Post
Topic
Board Bitcoin Discussion
Merits 4 from 1 user
Re: Do you guys think that there will be a new technology to recover lost of Bitcoin
by
Z-tight
on 08/03/2023, 11:18:22 UTC
⭐ Merited by The Sceptical Chymist (4)
A lot of people posting that they successfully recover their funds for along time
BTC recovery services are scams, there is no service that can help you recover your stolen money. BTC transactions are irreversible, and if the hacker or thief is smart, they would not send the funds to a centralized exchange that is linked to them, but even if your stolen money is sent to a KYC exchange, you still need the help of the police and government to recover it, which is so hard to obtain.
but how about those who have lost their Bitcoin? Is it possible in the future that there will be a technology that is specialized in recovering lost in just a matter of minutes or an hour? But on the other side Bitcoin holder are in trouble too as their funds might also be vulnerable and be compromise.
If there is a technology that can guess correctly the keys to lost BTC, then the technology would also be able to steal people's BTC even when they have the keys to the funds, how then would the technology benefit bitcoiners in the network.