What happens if all bitcoins are lost?

Bitcoin users have misplaced about 20% of all existing tokens, and unlike fiat currency which can potentially be recovered, it’s highly unlikely that these tokens will be returned to circulation, analysis by the Wall Street Journal suggests.

Bitcoin is infinitely divisible, so lost bitcoin does not harm the network as a whole. Furthermore, because Bitcoin derives value from its absolutely finite supply, every lost bitcoin will slightly increase the value of remaining bitcoin in the network .

In a message to governments around the world, Tesla CEO Elon Musk has said that while the advancement of cryptocurrencies can be slowed down, these digital assets cannot be destroyed now .

Can you lose all your money in bitcoin? Yes you certainly can . Crypto is very risky and not like conventional investing in the stock market.