4 ms·
Which raises an interesting question: what fraction of Bitcoin, for example, is effectively lost forever? I assume minuscule, but like entropy it never decrease
by mwcremer 4y ago
Which raises an interesting question: what fraction of Bitcoin, for example, is effectively lost forever? I assume minuscule, but like entropy it never decreases?
- andirk 4y agoI assume its some large % of all bitcoin is lost especially from early adopters mining thousands of then worthless tokens.
- woodruffw 4y agoYou assume wrong! Approximately one in five BTC minted so far has been lost. [1]: https://www.nytimes.com/2021/01/13/business/tens-of-billions-worth-of-bitcoin-have-been-locked-by-people-who-forgot-their-key.html https://www.nytimes.com/2021/01/13/business/tens-of-billions...