Post
Topic
Board Bitcoin Technical Support
Re: Re: Bitcoin-QT client question
by
Ron~Popeil
on 04/06/2014, 03:27:44 UTC
This has probably been discussed before but I want to raise it again...

can bitcoins be destroyed

You can burn fiat currency...so can you destroy a bitcoin? Is it possible? How would you go about it? How would it effect the economy and how would someone find about it if it occurred?

Discuss Smiley

It's possible for you to physically lose them, but it can't be DESTROYED completely.

That is the way I understand it. Even if you lose your private keys the coins will always be in the block chain.