Re: Does loss of BTC affects total amount of BTC in total supply.
Irrespective of rank I believe am still learning in gradual steps about bitcoin and therefore have this question to ask, it would be of good consequence for me if am well enlightened on this particular subject about bitcoin. So just in case, someone I might want to talk to about bitcoin for the very first time happens to ask me I can comfortably address it too.
It's a forum, we're all here to learn more about bitcoin so don't worry about asking questions, even if they may look obvious 
Question:
I have read few posts of persons talking about losing their wallet's containing BTC and couldn't recover it at all. Hence, as people keep losing their BTC due to loss of wallet seed phrase, can it affect or cause a decline in BTC supply entirely?
If you lose your seed phrase your bitcoins are pretty much gone forever, it does affect the total supply because now there are less bitcoins in circulation, that means that now they are even more scarse because from the original 21 mln we know almost for sure that a few millions are lost, making the rest even more valuable. And let's not forget that if bitcoin keeps gaining value against fiat money than you'll need to use smaller and smaller fractions of bitcoin, maybe one day 0,1 bitcoin will be enough to purchase a car, who knows...I have read few posts of persons talking about losing their wallet's containing BTC and couldn't recover it at all. Hence, as people keep losing their BTC due to loss of wallet seed phrase, can it affect or cause a decline in BTC supply entirely?