Discussion Questions- Do you think all dormant wallet (long inactive wallets) are gone forever?
It depends let me use volcanoes as an analogy. Some volcanoes can be inactive for a while but then show signs of acitivity later on. With wallets, we do not know what the owner is doing or whether they are even alive so it’s difficult to say
- As we are not certain of Satoshi's return, should we be bothered about his dormant wallets?
Why? I don’t think it’ll be a problem.
- do you think lost Bitcoin can cause Bitcoin scarcity in the future?
Yes and that will drive up the price even more.
- 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 as a lot of factors would play in the adoption of bitcoin. Many will hold many will forget their wallets and so on and so forth.
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