Post
Topic
Board Beginners & Help
Re: how many bitcoins will there be ?
by
BurtW
on 02/09/2014, 21:56:53 UTC
there shall be 21 000 000 bitcoins it total but will be less due to lost passwords etc. and last bitcoin will be mined around 2140

around 1% is lost 4ever :ooooo
Lost coins can be seen as profit for all other bitcoiners because the bitcoins in circulation will be more scarce.
True, but where did the 1% number come from?  Out of PublicKey's ass?