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?
Yes, it's sad. Almost 4 million bitcoins are lost forever. In the future, even more bitcoins will be lost, but the growth rate of this indicator will significantly decrease, because their current value motivates people to take a much more careful attitude to the storage of cryptocurrency.