When will we hit a critical point at which there's just too many lost bitcoins due to someone loosing their wallets, dying or corrupted hard drives and etc? At some point this is bound to happen right?
I know that for the time being, low circulating supply means that the coin will increase in value but how low can it get before it starts to give diminishing returns and actually inflict damage to the system? What would happen to crypto in general if all of the coins and altcoins will suffer the same ending?
At some point soon I believe there will be more lost Bitcoins than those that arent lost. We dont know exactly how many are lost because many are lost when the owner dies and no one knows about the Bitcoins. There are also many people that leave dust on a wallet because it costs more to transfer those coins in fees than the coins value.