Cryptocurrency Q&A
Are lost bitcoins lost forever?
Are lost bitcoins lost forever?
Chiara
Mon Dec 09 2024
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5 answers
1028
I'm wondering if bitcoins that are lost, like maybe through a forgotten password or a lost hard drive, are they gone forever? Can they be recovered or are they just sitting there, unaccessible in the digital world?
5 answers
Ilaria
Wed Dec 11 2024
Bitcoin can sometimes be intentionally lost or destroyed through a process known as "burning."
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BlockchainVisionary
Wed Dec 11 2024
This practice of burning Bitcoin renders the digital currency unusable and inaccessible forever.
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CryptoKnight
Tue Dec 10 2024
Once Bitcoin is burned, it is effectively removed from circulation, never to be spent or traded again.
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CryptoWizard
Tue Dec 10 2024
Bitcoin burning is carried out by sending the cryptocurrency to an address where it cannot be retrieved.
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Lucia
Tue Dec 10 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.
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