Lost Bitcoin wallet file

If bitcoin continues without a solution to this little problem, it will be the undoing of the system. If enough people loose their wallets, bye-bye bitcoin. It's gone. It's a ledger of transactions recording anonymous losses.

Bitcoin is not as durable as everyone is claiming. If a paper dollar gets torn, the banks take it out of circulation and replace it. If it gets lost in a landfill, the money pool is expanding and it's no great loss. With Bitcoin, the only thing to do to compensate for a loss is to further divide the currency. I love the sound of buying something for a femto-bit.