Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Extinction
by
PetePete
on 11/06/2014, 00:22:27 UTC
Found Hamiltons post funny  Grin

Ok so it will come to a point where people will be able to make estimates on how much Bitcoin is lost every year, once adoption rates slows down and stabilizes tt will be interesting to see if the rate of lost Bitcoin will be more or less than standard fiat. Bitcoin might eventually be more secure than fiat, especially since multi-sig and all. But I've read quite a few members on reddit simply sending Bitcoin to the wrong address, one person recently sent Bitcoin to the recently defunct M.t Gox. So the issues is not quite the limited supply of Bitcoin, this is a good attribute, the issues is it's useability. Im confident that issues regarding useability will improve with time though.