I once owned an electrum wallet and generated a seed phrase with 12 words. Currently I can't find my those words where I wrote them down and I didn't save it any where on my device. Before then I never bothered about those words because I felt once I have my userID and password I can assess my wallet from any device at any point in time not knowing the significance of this words

Could there be a recovery option for seed phrase or a seed generation alternative where I would be allowed to generate a new seed so as to access my lost account. I believe every data online should have a means on backup and recovery. Would seed phrase act differently? Why create a wallet for users if it doesn't have a way of helping them recover lost or stolen wallet.

In a cases where someone misplaces his seed phrase and still has his wallet accessible could there be a way of regenerating a new seed phrase for such wallet to avoid loosing the funds in the future. In all wouldn't it be more beneficial to store your coin with an exchange wallet where you wouldn't need to generate any form of seed phrase since all that is required is an email address and password.

so many has lost their coin just because of seed phrase. Which has made so many who bought coin as early as 2009-2018 who would have been celebrating their success frustrated. I know of a friend who was given 1000satoshi way back 2010 after he did a transaction and his client was unable to payback. His client ending up compensating him with the coin. But currently he cannot access his Trust wallet because he misplaced the seed phrase given. Does it really mean he has lost 1000 satoshi and can never recover it back if he can't find where he wrote them down?