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?
I don't think bitcoin will disappear at this point of time, because there are huge of supporters out there that are still holding unto it.
As time goes by the numbers of investors and believers of bitcoin so far are continue increasing, in short bitcoin become more popular
nowadays.
Bitcoin just reached $9000 today, this is not a sign that it will disappear, looks like it's here to stay and we won't be able to reach more worry thread like this in the future, people now are more interested in discussing its positive future.