Post
Topic
Board Bitcoin Discussion
Re: Lost Bitcoin and possible future scarcity
by
hatshepsut93
on 11/05/2024, 21:59:30 UTC
Discussion Questions
  • Do you think all dormant wallet (long inactive wallets) are gone forever?
  • do you think lost Bitcoin can cause Bitcoin scarcity in the future?
  • From a total of 21million total supply, can you attempt a prediction guess of the total number of Bitcoin that would be in active wallets after all Bitcoin has been mined?



No I don't think that all inactive coins are lost, from time to time an address that wasn't used 10+ years suddenl activates. This doesn't even mean that someone is not selling coins for 10+ years - a user can have many addresses and they might have done a lot of sales in the past too.

If by scarcity you mean shortage then no, it won't cause such problems because there's enough units of account on the network.

What do you mean by "active wallets"? Coins that are moved frequently? Or coins that the owner has access too?