A lot of people posting that they successfully recover their funds for along time but how about those who have lost their Bitcoin?
For starters, People that manage to recover their coins either use passwords that could be brute forced or have a few words to complete a mnemonic and find the missing piece... otherwise not everyone gets lucky and if you have no private key to a wallet these coins will be lost forever unless the key is found/used.
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?
Brute forcing is one such technology but success rates are still low, but either way I don't see such a technology which will be used to crack open people's wallets at will as this could make crypto unattractive to many and hope this doesn't happen.
But on the other side Bitcoin holder are in trouble too as their funds might also be vulnerable and be compromise.
Please more answer to do this please.
If someone will be considering holding coins for a long time,proper backup solutions need to be used so as not to be locked out or be in trouble as you have put it .