I've heard that some bitcoins might have been lost over time. I'm curious if there's any truth to this. Have people actually lost their bitcoins, and if so, how did that happen? Are these lost bitcoins just gone forever?
6 answers
benjamin_cole_nurse
Thu Dec 19 2024
Bitcoin can be lost due to various reasons, one of which is forgotten passwords.
SapphireRider
Thu Dec 19 2024
Hardware failures also pose a significant threat to Bitcoin holders.
Martina
Thu Dec 19 2024
Incorrect transactions can lead to the loss of Bitcoin, where funds may be sent to the wrong address.
ZenHarmony
Thu Dec 19 2024
Another reason for Bitcoin loss is the death of the owner.
Lorenzo
Wed Dec 18 2024
If the owner does not pass on the necessary information to access the coins, the funds will be inaccessible.