Post
Topic
Board Bitcoin Discussion
Re: Miss Bitcoin
by
Krispin47
on 25/04/2018, 01:28:39 UTC
What happens if someone loses their bitcoin? Let's imagine that I buy 10,000,000 bitcoin for example. Does the system need to re-create those money?
you can see that out of the 21 million supply of bitcoin, only 16,779,400 BTC is in the circulating supply, meaning the remaining is either being hold and kept by Satoshi, the devs and some whales while the others are completely lost forever. If we somehow decided to gather up all the satoshis we have to complete the 21 million btc, it will never be completed as the others are already lost in forgotten wallets and such.