Bitcoin question. I worry about lost coins. Over a long enough time the supply will shrink towards zero. Every sat that is lost is out of the supply forever. Does it make sense to return coins that haven’t moved in say 21 years back into the pool for future mining rewards. It wouldn’t have to change the issuance schedule necessarily. Any coins that were unspent for 21 years could be moved to the end of the stack and start being distributed after 2140 for example. Am I off base?
Discussion
Before 2140 we will probably have less available. But i believe a few halvings in the future instead of value go up might come down do to intense world events and whoever is still about to run a node or 2 miners the ppl that stay alive from the crazy world stuff will buy btc back at $1 and restart the process all over again
Another tbing that can happen is btc actually gets hacked in the year i don't know 2103 and now those coins get released and then we move to sha-512 algorithm
Another scenario is satoshi wallet has a deadmans switch to release some how not sell but release those coins
We can keep playing out scenarios but untill shit really really hits the fan we wo t know
Stack sats and stay humble
Why not just further divide the existing coins? More numerically but you're not diluting the % of the whole that people own.
NO.
Stack sats and be happy.
The decimal can be moved. Also, new methods of retrieval will be used in time.
That idea to send coins into the future sounds like some spacechain proposal I heard. Something about using Bitcoin for other uses and part of the fee will be sent to a future block to incentivize future mining.
Yes, off base