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Schrödinger’s Bitcoin 🤣

I agree with you that the number which have private keys that have been destroyed is greater than zero. I just don’t see any reasonable way to verify that number, and so I choose to assume all Bitcoins are spendable

BHN 🍁 2y ago

There can always be a hard fork once there isn't enough usable coins left.

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Discussion

Raven 2y ago

Hard forks and #Bitcoin do not go together

BHN 🍁 2y ago

If the loss never stops then the 21million coin cap has a large chance of turning into bitcoins biggest weakness in the far future.

Raven 2y ago

Wrong. Doesn't matter how many coins there are.

BHN 🍁 2y ago

In the same way the amount of dollars doesn't matter.

Raven 2y ago

Again that's incorrect. Too many attached to no backing creates inflation.

Check out Saifedean Ammous Principles of economics

Zach⚡️ 2y ago

Not on my node

BHN 🍁 2y ago

Well I hope it doesn't occur fast enough to happen in our lives.

Zach⚡️ 2y ago

Will not happen, and cannot be allowed to.