Post
Topic
Board Bitcoin Discussion
Re: Another Reason Why Bitcoin Will Go Up
by
Abu-Naim
on 09/09/2025, 10:24:55 UTC
Bitcoins are continually being lost. People lose their wallet logins. People die without anybody else holding wallet logins. Bitcoins are burned for any number of reasons. All these things and more are reasons why bitcoins are lost, which all contribute to the value of the bitcoins that remain.

The problem is how can we bring an end to all these?
If people are losing Bitcoin due so many reasons, it will reduce the Bitcoin in circulation and increased the price since the demand from new people will be very high, but is it normal to keep losing Bitcoin like this?

I think we need to start trusting our loved once with our private keys and seed phrases because of you only have access to them and you are no more, then your Bitcoin will be there, none of your family member can access your Bitcoin if they don’t have your seed phrase.

Likewise we also need to put more efforts in given awareness to people on how to manage their Bitcoin and how to do transactions because expect people in this forum, so many people don’t have good knowledge on how to send Bitcoin properly and people are losing Bitcoin in that manner.