3 ms·
Ironically, losing access to a wallet helps drive Bitcoin prices up, because there are fewer Bitcoins floating.
by antaviana 6y ago
Ironically, losing access to a wallet helps drive Bitcoin prices up, because there are fewer Bitcoins floating.
- mekster 6y agoWhat's ironic about that?
- Engineering-MD 6y agoI see it as ironic as the reason it’s valuable and they want access is because people keep losing access driving up the price
- antaviana 6y agoYes, ironic in the sense that, by retiring those bitcoins from circulation, usable bitcoins are more scarce, which drives prices up, making the loss even more valuable in the future.