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This is effectively what happens, because the remaining bitcoins become more scarce and (in theory at least) more valuable as a result.
by joosters 11y ago
This is effectively what happens, because the remaining bitcoins become more scarce and (in theory at least) more valuable as a result.
- viraptor 11y agoIs it really? In practice there's not much difference between money that's never used and money that's destroyed. As long as it's out of circulation, it doesn't affect the economy. Apart from big, public actions of destroying BTC that many parties know about, I'm not sure there's any real value growth from the BTC burning.