Satoshi’s Lost-Coin Quote Hits 16-Year Mark as Millions of BTC Are Deemed Lost

Sixteen years ago today, Bitcoin’s creator, Satoshi Nakamoto, told a Bitcointalk user that losing coins was not a flaw in the system. It was a feature. The discussion happened 16 years ago today, on June 21, 2010, in a Bitcointalk thread called “Dying bitcoins.” A user had asked whether forgotten wallets meant the network would