Permanently untransactable Bitcoin……….

2 forms of this exist.

The obvious is Bitcoin that has been lost due to seed phrase loss.

The second is less obvious.

It involves dust.

As the transaction fees increase which they have and with increased adoption will continue to do so, you will have stranded Bitcoin that can not be moved as the transaction fees are worth more then the value of your Bitcoin.

Your size of UTXO becomes important.

More so, as the amount of Bitcoin dust increases, it will further reduce supply, thereby increasing price!

I thought about the long term implications of dust and this seems to make sense.

#Bitcoin