Concerned with questions about the decreasing size of the total money supply in Bitcoin and altcoins through lost wallets and private keys.
Questions tagged [shrinking-money-supply]
27 questions
6
votes
6 answers
Will "all" bitcoins ultimately vanish? (be unusable)
During this CCC conference from 2011, starting from 00:18:55, the presenter suggests that as bitcoins can be lost (lost private key, dead owner, sending to an "eater" address that nobody possesses, etc.), and as the total amount of bitcoins has a…
Totor
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5
votes
3 answers
Curious about lost bitcoin
The Merkle reported a user lost 17BTC in a fire that destroyed his private keys and backups. Are those BTC (out of the fixed 21x10^6) lost forever? I assume they are and assume there are many lost bitcoin over time that actually decreases the total…
Dr.Plastics
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3
votes
4 answers
Does Bitcoin account for deleted bitcoins over time?
I'm sure that this question has been asked before, but I just can't seem to find it.
If there is a limit of 21 million coins to be mined, then what happens if Bitcoin wallets get deleted? Will there still be some percentage of mining that occurs to…
Ci3
- 141
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1
vote
1 answer
How does bitcoin impact the real economy?
I have a question in my head since a while.
What if Elon Musk sells all his companies (spacex, Tesla, ...) and puts all the money in bitcoin and then loses the keys. What is going to happen to the real economy?
dmx
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0
votes
4 answers
Is there a mechanism to handle stale bitcoins?
Possible Duplicate:
Why doesn't Bitcoin return lost coins back into the block reward?
What could be the consequences of many bitcoins being lost out of circulation if people lose their wallets?
Okay, the first question has to do with stale…
shoeless joe
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2 answers
How long does it take to gives again into circulation after loss Bitcoins
How long does it take to gives again into circulation after loss Bitcoins ?
