The original post: /r/bitcoin by /u/MauyThaiKwonDo on 2024-12-22 21:17:37.

What happens if say the creator of bitcoins who owns approximately 1.1 million bitcoins coin if say he lost his phrases and cold wallet in a fire does that mean all of those 1.1 million bitcoins are lost for ever and he won’t be able to get it back? Just interested in knowing because I read somewhere the FBI was able to recover a few bitcoins back from hackers not all but some. So there is a way of getting it back? If you lose your phrases and wallet?