15 days ago - Shurenai - Direct link
Yes, Because it doesn't work that way. The time since last death value has an upper limit that you can reach no matter how many times you die; Dying is only a temporary hit to your game and loot stage.

There is no situation where, when you die, you're permanently locked out of that 5gs/ls you lost. You just need to stay alive for a matching number of days it took you to die that first time; In your example, a 20hr save w/ 1hr days, that'd be 20 days.

Further, Player level alone will eventually get you to the max game and loot stage and keep it locked there even if you die.