There’s roughly 0 billion of inaccessible bitcoin in the world right now. Here’s what could happen to it. | Currency News | Financial and Business News

There’s roughly $140 billion of inaccessible bitcoin in the world right now. Here’s what could happen to it. | Currency News | Financial and Business News




  • Bitcoin’s decentralized nature has been one of its biggest selling points, but imperfect storage methods have made millions of the tokens inaccessible.
  • About 20% of the 18.5 million bitcoin in existence – worth about $140 billion – is estimated to be lost or stuck in locked-off digital wallets, The New York Times reported on Tuesday.
  • For now, those coins are effectively trapped behind incredibly complex encryption and forgotten passwords.
  • Solutions can…

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