So I obviously hope I never have to deal with the first of these two issues I have but what if Gaven Andresen dies off and doesnt pass on the alert/control features that Satoshi bestowed to him, would community have to legit hard fork to even stay in the realm of new development not sure how that works as Im not a dev at all, hence my question. Not sure how the BIPs are actually approved or implemented and ATM believing is all basically comes down to getting Gavins ultimate approvi. Which like I said I worry may at some point ultimately be a issue.
Another thing Ive wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...
Another thing Ive wondered since getting into BTC is what happens when all BTC are mined, people hodl, and people die? Is there any contingency in place or being planned to recover stale or dead bitcoins in wallets that are OBVIOUSLY non active addresses? Or will everything that is owned by dead investors or give up investors be doomed to simply be a burn loss?...
Well your second point I think isn't something to be really concerned about. The fewer bitcoin in circulation the higher it's value would be. And I don't think there'd be a lot of people who die hodling and taking their btcs with them to the other side lol.
every acquisition is a loss and every loss is an acquisition
indeed,as Satoshi once said :lost coins only make everyone else's coins worth slightly more
there is something sombre and mysterious about the wallets with huge amounts of coins that never move,anyways
why ruin the mystery with assumptions
