Post
Topic
Board Economics
Re: Finite Supply vs Steadily Increasing Supply
by
teukon
on 12/12/2013, 10:59:01 UTC
It is very interesting to try to grok what might happen in the far future if Bitcoin has taken significant stake in economies.    We can scale all the way down to 1 Bitcoin so 100% loss is certainly not likely in our, or our great grand childrens, lifetime.

To clarify:

Even if a whopping 10% of all available bitcoin were lost every single year it would take more than 175 years (from genesis) to reduce the total supply to 1 BTC.  This is about as far from "problem" as it's possible to be.