A lot of Bitcoin are lost because of well-intentioned Bitcoiners trying to orange pill others who just don’t care enough. I’ve sent a decent amount of sats to a couple friends as gifts and some of them didn’t backup their wallets. I repeatedly told them how to do it and that they should do it right away to avoid losing it all. One had his phone stolen and another’s phone deleted the app to preserve storage space lmao they’re so mad. Being lazy and ignorant is expensive.

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And then there's fuckers that convert the btc you gave them into shitcoins.

Like the dollar 😑

yeah i gifted wife's friends SatsCard last year. they probably never take a look at it

That’s much harder to lose but probably worth a decent amount after this pump. That’s the nice thing about gifting sats, they see the value appreciation in real time.

it is. sad thing is most my gifted friends don't even take a look at them. i hope even if they don't care, the sats could one day flow to a strong hands'

300-400 million lost sats and counting.

They are gifting sats to humanity without realizing it.

Very generous donors

3 or 4 million btc lost is what I was trying to express.

Yes I figured 😂