Quote from: Biodom on Today at 12:58:14 AM

Quote from: eddie13 on Today at 12:51:25 AM

Quote from: philipma1957 on November 10, 2021, 09:31:22 PM

Quote from: Syke on November 10, 2021, 08:06:19 PM

Quote from: becoin on November 10, 2021, 06:01:14 PM

All bitcoins that are not moved for a certain period of time (20, 50, or 100 years) should be presumed lost and then recycled through the usual mining process. I'm not sure if that can be achieved through a soft fork.

FUCK YOU WITH A RUSTY PIPE FOR SUGGESTING SUCH GARBAGE.

but dude it is pretty much certain to get pushed in 2049 to 2069 time range.

and I can tell you human nature it will happen.

nope..
pretty stupid idea..

One thing for sure..if you have bitcoin with a bank and don't touch it for 5 years, it is as good as gone.
They have this 5 year account inactivity feature.
I had one account I forgot about forfeited like that, not that I cared much, it had some very small amounts there, but this is the rule they use.

Like I said I was born in 1957 and will almost certainly be dead by 2069 as 112 is not going to happen.

But if BTC is to wind out and whale and be 1 or 2 or 3 million even 10,000,000 and there are 2,000,000 in Frozen coins they will be moved or set back into circulation.

As 1,000,000 x 2,000,000 = 2,000,000,000,000 / 2 trillion to and 10 million x 2 mill = 20 trillion in coins.

No way is that staying idle for all time.

The pressure put on them going back to recirculate will be huge. The power grid and gear used at that time will need to be fed.

Not a worry for this in 2021 or 2029 or 2039 or 2049 but by 2059 yeah if the world and btc have survived they will be big pressure for that event.

To those that disagree fine hope you live to see it not happen and come to my grave and laugh at me.