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“Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.“ — Satoshi If you are going to donate coins to the caus
by randomhodler84 5y ago
“Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.“ — Satoshi
If you are going to donate coins to the cause, who am I to complain?
- HWR_14 5y agoPresumably, once enough keys are lost, the market will dry up. After all, how many times is the average person going to buy into a system they keep losing everything in.
- randomhodler84 5y agoThat is not a logical conclusion at all. The average person will do it enough times until they learn, or they will pay someone else to handle it. I am sad when people lose their coin, I would prefer it not to be lost.
- HWR_14 5y agoWhy on earth will they keep doing it? They might do it as many as two times, then chalk it up to being some computer scam and never trust it again. But, I cannot see anyone who buys in after 2018 ever buying in again if they lose their keys. Maybe if they bought in pre-2018 they believe in crypto as opposed to want to make money, so they try two times.