I've heard that when you die in Destiny you loose an article of armour/clothing. These lost items are permanently removed from the game and can only be restore by leveling up. One item per level to either replace the lost article or get something new. Once all your armour/clothing has been removed due to excessive untimely deaths, the the game will begin to remove firstly: weapon attachments (assuming you have earned any) and then weapons entirely. So as you can see, dying in Destiny can have harsh consequences, and be very detrimental to your ability to be competitive. It is therefore entirely possible to end up completely naked in Destiny, left to run around with just a club. If you ever come across a guardian such as this, down on his luck - please take the time to come on over and say hello to me.