Post
Topic
Board Economics
Re: Bitcoin eventually disappear...
by
FrueGreads
on 04/10/2017, 10:51:41 UTC
Well there are some cases of lost bitcoin, most of them happened in the past when the value was lower, and people didn't really paid to much attention to them. I don't say it will not happen again, but it will be insignificant. Yes human errors happen, but they tend to decrease as the "value of the act" increases. Take a look to air control in airports. The % of human error there is incredibly small. If it wasn't many people would die. Same thing goes for surgeries in life or death situations. It can happen, but the % for a forced error is very small. Same thing will be with bitcoins, the value is so high, that people will treat it with extremely caution, and the % of lost bitcoins for unforced errors will be minimal, so what you are saying can't really happen in a lifetime.