Post
Topic
Board Bitcoin Discussion
Re: Lost Bitcoin
by
GeorgeJohn
on 19/02/2024, 21:34:44 UTC
Yo,

So apparently there's like 4-6 million bitcoin that are lost and gone? Just curious if there was any ideas or plans to update the protocol to replace the lost bitcoins if there was a consensus, if that is even possible.
What you should ask yourself us that in what protocol or conditions people who misplaced their bitcoin misplaced it, if you loss your bitcoin it depends on the kind of something you may engage yourself that warrant you to loss your bitcoin,  their is some certain things that we have to know towards bitcoin and it's misplacement, if you don't invest your bitcoin into a ponzi scheme I don't think you can loss your coin, secondly if you don't make your seed phrase to be known to public you can't loss your bitcoin, if you make use of a custodial wallet to save your bitcoin you would not loss your coins. So it depends the aspect you use for bitcoin investment.