Replying to Avatar AppSapp

What will happen with all #Bitcoin from people that died and will die? what is the future for that, will Bitcoin from those people be available or not that is the question?
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Speedster 1y ago

It’s effectively lost unless the owners took care of it via their will/estate planning. Satoshi called it a donation to the rest of us.

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AppSapp 1y ago

but there is only 21M of Bitcoin.

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Speedster 1y ago

Yup so the lost ones are effectively out of circulation. So in practice your portion of the available is greater. Like gold in a ship wreak at the bottom of the ocean, it exists, but can’t really be used in trade.