RE: Edward Snowden's Take On Cryptocurrencies

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Edward Snowden's Take On Cryptocurrencies

in cryptocurrency •  5 years ago 

Bitcoin is actually, ultimately, a deflationary currency; because, people lose their keys. I lost 0.005 BTC back in 2016 when I was pretty new to how cryptocurrencies work by encrypting a wallet that I didn't backup or write down the private key. That 0.005 BTC is gone, forever. :(

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I'm very sorry to hear that. That's part of everyone's growing pains. I've given you a pretty healthy upvote though so that might make you feel a bit better :)

Sometimes you have to learn the hard way! Hehe. Thanks for the upvote. I do feel better. :)