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20% of All Bitcoins Are Gone Forever
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#bitcoin #cryptocurrency #investing
20% of all Bitcoins are gone forever. With currencies like the US Dollar, it's hard to actually lose any entirely. If your bank messes up they will give you your money back. If you drop a dollar on the ground, with Bitcoin it's different.
When stored securely Bitcoin cannot be accessed by anyone without private keys. This makes Bitcoin one of the most secure ways to store wealth because no one can access it without private keys. This also means anyone who loses their private keys can no longer access their money.
Subscribe if you want to see more Bitcoin and Crypto related content:
20% of all Bitcoins are gone forever. With currencies like the US Dollar, it's hard to actually lose any entirely. If your bank messes up they will give you your money back. If you drop a dollar on the ground, with Bitcoin it's different.
When stored securely Bitcoin cannot be accessed by anyone without private keys. This makes Bitcoin one of the most secure ways to store wealth because no one can access it without private keys. This also means anyone who loses their private keys can no longer access their money.
Subscribe if you want to see more Bitcoin and Crypto related content:
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