Lost bitcoins

[dunisq]

I was wondering about lost wallets. Currently there are almost 12M bitcoins in circulation. I think already large amounts of bitcoins are lost forever because of lost passwords for wallets, hard drive crashes and lack of backups or just simply deleted wallet.dat files. This number is inevitably growing.

What do you think how many of them is actually lost? Are there any plans by the community to improve the protocols to avoid these situations? I think most of the people who start using bitcoins don't know how important is to back up your wallet.

[CIYAM]

This question gets asked at least once per month and the answer is generally the same:

The more bitcoins that are lost - the better - as you are making the rest of our bitcoins more valuable!

[dunisq]

Oh i should've searched the forum first.
Thanks for the answer.

[Martijnvdc]

There will only be a limited amount of bitcoins that can be mined. So lost bitcoins simply means it'll be even more scarce, meaning the value increases. 

[Gator-hex]

Don't worry about, it each 1 Bitcoin = 100,000,000 Satoshis = 2.1 Quadrillion total Satoshi coins!

If you lose yours it just helps mine gain in value.  

[elephantas1]

ok

[Maple]

Yeh losing btc is good for us

[MakeBelieve]

This question gets asked at least once per month and the answer is generally the same:

The more bitcoins that are lost - the better - as you are making the rest of our bitcoins more valuable!

Hahaaa. Straight to the point.