Lost coins make yours more valuable

in bitcoin •  last month 

Interesting fact about bitcoin

You are rooting for people to lose their keys.

Well sort of.

When bitcoin are lost, that increases the value of the remaining non lost coins.

image.png

(Source: https://x.com/pete_rizzo_/status/1866207620970795362/photo/1)

Satoshi knew this and predicted it long ago.

Perhaps that is why he decided to lose his 1 million coins.

He effectively reduced the supply and made everyone else's coins that much more valuable.

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Hi @lieutenantdan,
my name is @ilnegro and I voted your post using steem-fanbase.com.

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