Recycler used to be THE way to create bc and now it's gone. I understand you have to control the byte supply somehow but the recycler was a really cool way you could use useless items, and the byte reward made it special.
Given the byte sinks that exist are so effective (pwe and secret base mostly) and the only way to get bytes is IAP and the 10 bytes you sometimes get from daily bonus and quests, I don't see any reason to add a counterbalance and good QOL feature in the form of the recycler being back.
Wouldn't hurt either that it would speed up progression by a bit.