What is the current percentage of bitcoin that is permanently lost?

3 answers

• Dec 16, 2021 · 3 years ago
  The current percentage of bitcoin that is permanently lost is estimated to be around 20%. This means that out of the total supply of bitcoins, approximately 20% are inaccessible and cannot be recovered. These lost bitcoins are a result of various reasons such as forgotten passwords, lost hardware wallets, and accidental deletion of private keys. It's important to note that this percentage is an estimate and can vary over time as more data becomes available.
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• Dec 16, 2021 · 3 years ago
  Believe it or not, but around 20% of all bitcoins are considered to be permanently lost. This is due to the nature of cryptocurrencies and the fact that they are decentralized and rely on individual ownership and control of private keys. Many people have lost access to their bitcoins due to forgotten passwords, misplaced hardware wallets, or simply losing their private keys. It's a reminder of the importance of keeping your digital assets secure and taking necessary precautions to avoid losing them.
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• Dec 16, 2021 · 3 years ago
  According to recent estimates, approximately 20% of all bitcoins are permanently lost. This means that these bitcoins are no longer accessible and are effectively out of circulation. The reasons for these losses can vary, ranging from accidental deletion of private keys to hardware failures and even deliberate destruction of wallets. It's a sobering reminder of the need for proper security measures and backup strategies when dealing with cryptocurrencies. However, it's worth noting that this percentage is not set in stone and can change as more data becomes available.
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