Post
Topic
Board Bitcoin Discussion
Re: What about the lost BTC?
by
leonair
on 04/03/2024, 06:08:40 UTC

Quote
Compensation, like, how? Do you mean rewarding those who have lost their bitcoin or adding those back to the supply?

I mean adding it back to the supply to be available for mining again.

Giving it back to the owners would be impossible, or if possible, it would be ridiculous, as each owner should take care of their BTC.
You're losing bitcoins means you've lost your bitcoin wallet. so if you can't recover that wallet, those bitcoins will be completely lost, it's impossible for anyone to recover it. and what miners can't recover by mining it somehow.  So the hope of lost bitcoins should be abandoned. Such is the concept of Bitcoin. This is how Bitcoin's algorithm works and no one can break this algorithm