Post
Topic
Board Bitcoin Discussion
Re: Is the 21M BTC supply promise realistic?
by
Mahanton
on 12/02/2020, 19:32:05 UTC
Everyday people lose access to their wallets, send Bitcoins to wrong addresses. It results in Bitcoins being lost forever. In the meantime, there is no way to prevent it.

So, let’s suppose that Bitcoin would exist forever. It means that at some point there won’t be any coin left in the network…

I know there are other implications/discussions about Bitcoin supply. But I’d like to limit this topic to this concern (Bitcoins lost).

Is  the 21M BTC supply promise realistic? 


There would be no issues when it comes or on talks with the supply yet even mining the whole or entire supply would take hundred years before it would be completed.
Come to think or recognized to those coins which are forever lost? Think to those who held more than 1 BTC into their wallet.If we do talk about on 1BTC denomination then
it  wont really be enough to circulate on the entire popular incase if its been totally adopted but as mentioned above we can deal with fractionally and not necessarily
counting on whole bitcoin everytime.