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user-inactivated  ·  4577 days ago  ·  link  ·    ·  parent  ·  post: Understanding bitcoin

    Let's just poke at one of the problems: loss of currency and the ability to inflate. Currently, if I have 100฿ in my wallet and that is lost to technical error (I misplace my USB drive, my computer melts down, etc)

I've never used BTC, but is there not ... cloud storage, or a remote backup, or some sort of failsafe? The situation you describe just seems to obvious for there not to be a workaround.