What happens to lost Bitcoin?

Billions of dollars worth of Bitcoin are trapped in digital limbo. Discover the strange world of lost Bitcoin and what it means for the future of cryptocurrency.

Bitcoin is considered lost on the blockchain when the owners of the assets are unable to exercise control over it.

Bitcoin (BTC) is a decentralized digital currency that stores its records among a distributed set of nodes that collectively represent a public ledger, also known as a blockchain. On the Bitcoin blockchain, private wallet users have a public address while holding a private key that enables them to control assets held within that address. 

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