So a lot of bitcoin has been lost due to incorrect wallet addresses and human errors..
I however think that at this point of technological advancement, there should be a way to recover lost bitcoins. Not just bitcoins but other cryptocurrencies too. Now this may not be possibly done by the careless user, but it could be found by miners.
Lost bitcoins should have a way to be mined back into the market and Recovered..
Is there a project about this already?? What is your opinion and do you think it's is possible
Lost bitcoins even as odd as it may sound are actually beneficial to the bitcoin network. The Bitcoin network has a supply cap of 21 million and what that basically means is the total or rather maximum number of bitcoins that can ever be mined is 21 million now lost bitcoins reduce the circulating amount but doesn't affect the supply cap.
Is basically just the simple economics of demand and supply lesser coins means they will have more value add more value means each coin is what more than if they were excess.