How does lost BTC affect the market in the long run?
How does lost BTC affect the market in the long run?
I bought some bitcoins in 2012 and forgot about it. Now years later I discovered that the company who maintained the wallet went bankrupt and their website no longer works.
I therefore have lost access to my bitcoins forever.
I assume my story is not the single case where this happened.
As there is a limited amount of bitcoins, what will happen as more and more people lose access to their wallets with time?
What would be the effect on the market?
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