My reason of saying that is because there will be a time when btc will be limited in circulation. Demand will be high and supply will be low. By then many people will have lost access to their portfolio when dey lost there pass phrase and btc being trapped down dere. Death rate will definitely affect btc because many people here have alot of btc but refuse to inform their family about how many btc dey have accumulated. And if death arise now the btc is also traped. So in this little point of mine, I think btc will increase it's price according to the chat. I am urging each an everyone of us to always keep information about your online accet as a will. not only physical property can be willed but online accet also. Because many people have more investment online than domiciliary account. Remember death is inevitable.
Firstly, bitcoin is already limited in circulation, as it doesn't have an infinite circulating supply, but it's limited. I guess what you mean is that the number in circulation will definitely reduce over time.
Currently, there are already some considered lost wallets that hold millions of dollars worth of bitcoin. Those are considered lost for the main reason that they have not had any output transactions for a long period of time, but most of them still do wake up after some time, which means they are not entirely lost. So unless bitcoins are being sent to a burn address where we know that there are no possibilities of getting them back, I cannot believe that they are entirely off circulation.
Another is that the price and hope of bitcoin are not dependent on how many people are going to lose their wallets or how many people are going to age and leave the earth. Without any of the mentioned factors happening, bitcoin still has the potential to achieve a new milestone; it's just a matter of time and an increase in global adaptation.