Yes, don't look at the supply limit, but concentrate your attention on it value, bitcoin has come to stay, not for now, but as an alternative digital currency to fiat.


21 million supply is not a child's play in Bitcoin value and not in USD value, yet bitcoin remains the most trusted and profitable digital asset and investment for everyone.


Our own bitcoin will receive a share of those lost coins, this is why bitcoin is ever an increasing digital currency and asset.

This was possible when Bitcoin was not very valuable, but it is almost impossible now. Bitcoin is now a very valuable asset, so the possibility of losing private keys without an accident is very small. Do you expect 100% of Bitcoin to be locked in the blockchain? Or to be left behind in a wallet as unclaimed? Not even possible. Maybe it will be possible when everyone in the world starts dying at the same time.

Due to the supply limitation of Bitcoin, the less supply is relative to demand, the more the price will increase. So losing some private keys may contribute to the increase in the price of Bitcoin. It is not that all Bitcoins will eventually be locked in unclaimed wallets and the Bitcoin market will close.

i dont think people losing seeds and access to their bitcoins will be a reason bitcoin wont survive many generations because it seem you think it wont last much because people will lose access to their bitcoins but infact people losing/burning their bitcoins permanently actually increses the value of other bitcoins, so this is something good overall not bad.

This is unlikely to happen. While there's still a chance that a few individual will lost their private keys and coins or they told no one about their holdings and they pass.

But, as satoshi said that in the next years it's either there will be huge transactions or there's none.

I think what we're seeing is the former instead of the latter because the market just keeps on growing.

it is possible that more bitcoins will be lost in the next few decades but i don't think it will cause any serious damage to bitcoin. losing coin is essentially a supply issue, not related to an internal bug or other flaw in the protocol. network is not concerned about how many of the 21 million btc are accessible or whether only 15 million coin are accessible. bitcoin will continue to function normally. because each coin can be divided into 100 million satoshi. even if million of btc are permanently lost, transaction around the world can be carried out seamlessly with the remaining coin.

many people think that coin that are dormant or inactive for many years are lost naturally. but sometime we see wallet that are more than 10 years old suddenly become active. which indicate that many of the so called lost coin are actually just being hodl by some patient owner. no one can say anything about this number precisely.

If one individual loses his bitcoin, the remaining bitcoins become more valuable. So, for as many people as will lose access to their bitcoins, they will be creating more scarcity, which will increase the value of bitcoin. Bitcoin is divisible into smaller units, so it means that the smallest unit of satoshi will be very valuable in the next generation since many must have lost their bitcoins by then.

Then, you, @op, should erase the thought that all bitcoins will be lost from your mind. Of course, bitcoins will be lost due to inaccessibility, but all of the 21 million bitcoins cannot be lost.

The circulating supply will certainly become even more limited, causing Bitcoin price to rise even higher.


That’s impossible. If you’re talking about just a handful of people, then it’s still possible.
Even now, Bitcoin has become one of the most valuable assets, so holders have surely prepared for every possibility to ensure that the investments they’ve built won’t go to waste, even after they’re gone.


No. I’m not that stupid. I’ve already told the people i trust where and how to access it in case i suddenly pass away.

There are Factors that can make Bitcoin not to last beyond the next generation which war is one among other's factors that can make Bitcoin not to last beyond the next generation. When the economy falls above average this can affect many investment to start selling of there holdings to meet up with demands and supply, but this is based on individuals. Success in Bitcoin is not based on how long one has stay in the business, it is measured by the knowledge gotten and the strategies applied.

Lost coins are pretty much a rookie mistakes from the beginning days when BTC was worth pennies.  Also, you can never truly tell how much btc has truly been lost/inaccessible vs how much is just sitting in a dormant wallets that could be made active at any moment.  And even in your wild hypothetical scenario where the majority of ALL Bitcoin is irretrievably locked away... the network would still not die.

Bitcoin is divisible down to eight decimal places.  Just a small fraction of a total supply would be enough to run the whole planet, if it had to.

One the private keys are lost there is no way to recover a wallet other than knowing a password
and just transferring all to a new address.

If you die today and nobody has access to the wallet by password or keys then those Bitcoin and
inaccessible and classed as a "gift to the Bitcoin community' buy essentially reducing the available
supply which is much the same as Satoshi's wallets.