How Many Billions in Crypto Are “Dead”… But Still Alive?
Over 3 million BTC (nearly 20% of all Bitcoin) are stuck in wallets that no one can access. Why?
Because the owners died without sharing their private keys — or lost them forever.
That’s more than $195,000,000,000 USD floating on the blockchain… with no one to claim it!
Real cases? Absolutely!
1. Gerald Cotten – QuadrigaCX
The Canadian CEO died in 2018… and took the keys to $190 million in crypto to the grave.
No backups. No access. Game over.
2. Stefan Thomas – Lost Password
A developer with 7,002 BTC ($455 million+) in a wallet…
He forgot the password and only has 2 attempts left before it’s locked forever.
Is this good or bad for crypto?
Pros:
– Increases scarcity
– Pushes BTC value up
– Reinforces Bitcoin as “digital gold”
Cons:
– Trapped assets = frozen economy
– Poor inheritance planning = generational loss
– Creates a false sense of available supply
Crypto doesn’t die… but you might!
Leave a plan. Pass the keys. Protect your legacy.
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