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Here's an interesting question prompted by a thread on the Bitcoin forums: What happens if someone has a huge amount of Bitcoin (in this case, 370,000 BTC) and

by jarin 16y ago

Here's an interesting question prompted by a thread on the Bitcoin forums: What happens if someone has a huge amount of Bitcoin (in this case, 370,000 BTC) and they die or their hard drive crashes (with no backup)?

dustyleary 16y ago
Those bitcoins would be lost forever. It's covered in the FAQ. Eventually, the market would correct to account for these bitcoins no longer being available. You can think of it as a donation to all other holders of bitcoins.
- vessenes 16y ago
  That guy backs up constantly. At some point, you have a really nice bounty for finding a hash collision, though. : ).