Niko Jilch always says: "If Bitcoin goes to 0, we'll just have the same problems as everyone else"😁
•
1515
•
@stefan_21 Above all, Bitcoin can no longer even fall to 0.
Too many bitcoins have disappeared or been lost for that
Too many bitcoins have disappeared or been lost for that
••
@Mijujo00 "lost" or the rightful owner has no access to it?
••
@QW3RTY I think you know what is meant :)
••
@Mijujo00 actually, based on your comment, I am interested in whether Bitcoin can be lost/disappear.
I couldn't find anything about this on the internet, so I asked you directly.
No, I'm not an internet troll.
Your new comment has now prompted me to do some more research myself.
Until your comment, I assumed that access would no longer be possible for various reasons, but that the number of Bitcoin would always and unchangeably remain the same.
That is one reason for me to have bought some, because with a decreasing supply due to lack of accessibility and increasing demand, it is clear that the price will automatically continue to rise.
If a holder of Bitcoin with a wallet were to have an accident and no relatives or if their seed on paper were to be consumed in a house fire, these Bitcoin would no longer be accessible forever.
If that's what you meant by disappearing/being lost, then I now think that's what you meant.
I couldn't find anything about this on the internet, so I asked you directly.
No, I'm not an internet troll.
Your new comment has now prompted me to do some more research myself.
Until your comment, I assumed that access would no longer be possible for various reasons, but that the number of Bitcoin would always and unchangeably remain the same.
That is one reason for me to have bought some, because with a decreasing supply due to lack of accessibility and increasing demand, it is clear that the price will automatically continue to rise.
If a holder of Bitcoin with a wallet were to have an accident and no relatives or if their seed on paper were to be consumed in a house fire, these Bitcoin would no longer be accessible forever.
If that's what you meant by disappearing/being lost, then I now think that's what you meant.
••