PANews|Jun 21, 2026 12:33
[Satoshi Nakamoto's Response to Lost Bitcoin Issue 16 Years Ago: Lost Bitcoin is a Donation to All Holders]
On this day in history, 16 years ago, Bitcoin's founder Satoshi Nakamoto responded to a user's question about lost Bitcoin on a community forum, leaving behind a classic statement that is still referenced today.
When asked by a community user how to address the issue of lost private keys and permanently destroyed tokens, Satoshi stated that lost Bitcoin would only slightly increase the value of the remaining circulating Bitcoin and could be regarded as a donation to all holders.
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