Post
Topic
Board Economics
Re: Milion of BTC lost and Milion BTC in hand of few people. A danger?
by
ultimatesky
on 24/11/2015, 14:42:55 UTC
I was wondering if this two factors:

- Milion of BTC lost by banks (like MT GOX) or by distracted people
- Milion of BTC in hand of few people (like Satoshi) than now have in their hand more than 200 milion of $

Can damage the BTC economy? Shouldn't this 2 factors increase the BTC value more and more?

If all of the bticoins fall into some banks laps, it will be over for bitcoin, it will just be treated like the dollar. The people profiting from it will be the banks.

If it falls into a hand few of people it still has a chance to stay the way it's going right now. I doubt people like that would detroy bitcoin. There's a reason for them to own that many bitcoins. They will probably secure the supply and demand of bitcoin.