Post
Topic
Board Bitcoin Discussion
Re: People still losing their coins?
by
Koadharber
on 08/03/2025, 09:28:47 UTC
On the occasion of what a colleague of the local forum said, and that I translate to you:

I mentioned not long ago how a friend of mine lost half a Bitcoin by saving it in a wallet on his cell phone, and since he opened it with his fingerprint, he didn't think it was necessary to copy the seed, not even the wallet's password. Until some update asked him for the password and he is still looking for a way to find it out.

I wanted to ask you if you know of similar cases in recent years.

We all know that in the early years a lot of bitcoins were lost because they were worth pennies, most people didn't even imagine where this could go, there was no HW and things like that. But even though the bitcoin loss rate has been reduced in the last years I am sure there will still be human errors like the one in the quote that will end up with bitcoin loss, which is not bad for the rest because as Satoshi said they are like a donation.

Do you know of similar cases?


This is why its really that important that you should really be that knowledgeable about on how to handle yourself when it comes to wallet creation specially on crypto world. Not your keys not your coins or those coins will lost forever on which this is indeed the basic stuff or thing that you do need up to consider once you do step your foot into this space.