Cracking a $2 million crypto wallet - The Verge
www.theverge.com/2022/1/24/22898712/crypto-hardware-wallet-hacking-lost-bitcoin-ethereum-nft
What Jamie wrote
The issue of "lost coins" is a real one. Knowing how hard it is for people to even keep digital photos around, I worry that self-custody of digital money is just too difficult. Relying on "crypto banks" may be a much better answer for most people.
It also raises one issue with Bitcoin that I don't have a good answer for… over time more and more Bitcoin will be lost. The keys will be irretrievably gone. How do you handle this loss in a mathematically finite system like Bitcoin. Over time, the coins get more valuable just because of the lost coins. But it is also very hard to identify a lost coin…
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