Hot take but no one has ever "lost" their "Bitcoin"
Because nobody has ever owned Bitcoin.
You own your key, the coins don't exist, there are no Bitcoins.
It's a database "of financial transactions" so it's closer to a credit system than actual money.
Terms like wallet and mining are misleading and stupid.
Referring to Bitcoin as if it was something physical is misleading and stupid.
Better terminology would have resulted in far more adoption by now but we are stuck on all these nonsense terms that make it seem like it's something completely different from what it is.
Kayne
npub1ze…e3hvt
2026-07-17 08:13:39 UTC
Author Public Key
npub1zede6daz3yp3qwhe45jqx67u2sns3qkqrtw4z4u3ljtxv9nultqs0e3hvtSeen on
wss://relay.mostr.pubPublished at
2026-07-17 08:13:39 UTCEvent JSON
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"content": "Hot take but no one has ever \"lost\" their \"Bitcoin\"\nBecause nobody has ever owned Bitcoin. \n\nYou own your key, the coins don't exist, there are no Bitcoins. \nIt's a database \"of financial transactions\" so it's closer to a credit system than actual money. \n\nTerms like wallet and mining are misleading and stupid. \n\nReferring to Bitcoin as if it was something physical is misleading and stupid. \n\nBetter terminology would have resulted in far more adoption by now but we are stuck on all these nonsense terms that make it seem like it's something completely different from what it is. \n \n\n",
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}