There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.
This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
Is this correct?
Even if some people lose bitcoin that doesn't mean that it would disappear. Even if, it disappears in 20 or 30 years time it would leave a lot of people bitcoin millionaire, so the potential is huge.
As long as poeple are determine to resemble bitcoin, a huge of potential that it will exceed bountifully in the mere future. Just a positive motivation to conquer the possible consequences around the field. And I don't doubt about its existence will be constantly arousing .