If you accidentally burn cash you cannot recover it. The paper in your hand isn't replicated in another place.
Humans have been unable to recover from mistakes since day zero
Humans have been unable to recover from mistakes since day zero
Yes obviously if your money is completely burned then it's gone, but that is generally pretty unlikely to happen. Losing your digital key is many orders of magnitude more likely to happen in my opinion. And there is - by design - absolutely no way to get it back. That makes using blockchain for anything serious completely untenable in my opinion.
"No redemption will be made when (...) Fragments and remnants presented which represent 50% or less of a note are identifiable as United States currency but the method of destruction and supporting evidence do not satisfy the Treasury that the missing portion has been totally destroyed"
Not that unlikely, in my opinion.
Digital things, not so much. I'm a professional in the field, yet I've lost digital data in the past few years. Normal users who work in other fields? Lost cause.
Which is (one reason) why most people use a bank account and don't hide their money in big bundle of cash under their pillow?