The problem with bitcoin is inevitably the monetary base starts contracting irreversibly whenever coin generation is eclipsed by lost wallets. It is actually a

The problem with bitcoin is inevitably the monetary base starts contracting irreversibly whenever coin generation is eclipsed by lost wallets. It is actually a great place to store value, buy BTC, and over time there is just less BTC so BTC becomes more valuable. Its not good for a daily currency to run an economy on. Something like dogecoin would do that better, albeit even doge is kinda doing it wrong because they just linearly increase the monetary base by 5 billion a year forever.