We've got Michael Saylor hoarding
We've got millions of people losing their keys
We've got guys like John McAfee dying, maybe with thousands of coins locked up forever
How does this not end up where a very small group of whales own the majority of coins and the rest own a miniscule amount of sats, and/or progressively more and more get lost throughout time?
Bitcoin is 12 years old and some say 6 million coins are lost at a guess.. The fact they are gone forever, to me suggests that this cannot be 'the future of money', as more and more will continue to be lost each year.
We've got millions of people losing their keys
We've got guys like John McAfee dying, maybe with thousands of coins locked up forever
How does this not end up where a very small group of whales own the majority of coins and the rest own a miniscule amount of sats, and/or progressively more and more get lost throughout time?
Bitcoin is 12 years old and some say 6 million coins are lost at a guess.. The fact they are gone forever, to me suggests that this cannot be 'the future of money', as more and more will continue to be lost each year.
No worries, they are going to inflate endlessly to the right of the decimal.
And currently their are 2.1 quadrillion satoshis at just 8 places to the right of the decimal.
So no worries on how many get lost or held at all.
