Lost Bitcoin
How can Bitcoin achieve mainstream adoption if it can be easily lost forever? Events like sudden death or lost private keys make it inevitable that a significant portion of the fixed 21 million BTC supply will become inaccessible over generations. While this scarcity might drive up the value of remaining coins, it also raises concerns about long-term sustainability. How can we ensure that people responsibly manage their Bitcoin holdings to prevent widespread loss without sacrificing it's decentralized nature? Would the increasing scarcity eventually shift the focus to sats as the primary unit of exchange? submitted by /u/MrdaydreamAlot [link] [comments]
How can Bitcoin achieve mainstream adoption if it can be easily lost forever? Events like sudden death or lost private keys make it inevitable that a significant portion of the fixed 21 million BTC supply will become inaccessible over generations. While this scarcity might drive up the value of remaining coins, it also raises concerns about long-term sustainability. How can we ensure that people responsibly manage their Bitcoin holdings to prevent widespread loss without sacrificing it's decentralized nature? Would the increasing scarcity eventually shift the focus to sats as the primary unit of exchange?
[link] [comments]