Post
Topic
Board Beginners & Help
Re: Destroying bitcoin, by coin, by coin...
by
NghtRppr
on 06/07/2011, 17:22:57 UTC
That simply divides the bitcoins up into smaller portions. Every bitcoin that is lost, is gone for good and simply reduces the amount of bitcoins there will ever be.

If you make all other BTC worth more and they are divided up into smaller pieces, the net result is no change long-term. You're not hurting anything. You're only helping us out in the short-term.

Also, if Bitcoin is a "concept that is doomed to fail" then why are you even wasting your time? It'll fail anyways. I guess you don't really believe that then, do you?