3 ms·
I didn't follow the case in details but private keys can get lost or stolen so you might own particular wallet addresses in the past but now you are not in cont
by mrkramer 5y ago
I didn't follow the case in details but private keys can get lost or stolen so you might own particular wallet addresses in the past but now you are not in control of those private keys anymore therefore wallet addresses as well.
The same thing can happen with your state issued ID card which might get lost or stolen so then you need to report it to police for security reasons and to the government to get a new one. Unfortunately you can't do that with Bitcoin pk/sk wallet address. If you lose your private keys or if they get stolen there is no way to obtain control again of your wallet addresses unless police and court does that for you. I read Craig wants to do exactly that by reorging the Bitcoin chain but that is not happening because if it happens Bitcoin price would go to 0 and his million and something bitcoins would become worthless.