Post
Topic
Board Bitcoin Discussion
Re: Is the 21M BTC supply promise realistic?
by
xvids
on 13/02/2020, 07:22:37 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? 


i do not understand your question, it is not realistic, it is real and immutable fact, so yes that is the final number, which cannot be changed...
if all of us loose their access to respective wallets, there will be few BTC left, but supply will not grow, that is for sure
I also doesn't understand OP's point here but you already explained it well .
No matter how many wallets would be lost forever the maximum supply would always be 21M BTC the lost Bitcoin would still be there but it would lessen the circulating supply.
And we don't have to worry about a thing because 1BTC could still be divided into 100 Million Sats and every Sats have its value.