Hi all, I am a newbie in Bitcoin. I have a stupid question that what is the impact if most of the users lost their wallets?
To my understanding, the number of Bitcoin issued is a fixed amount, if the situation mentioned above happens, what is the impact to the hope ecosystem of Bitcoin?
That is a good question. If 1/2 of the users lost their wallets, the developers would probably try to understand why. But in terms of valuation, I think the price would gradually increase due to the decrease in supply. That's based on the assumption that whatever is broken gets fixed.