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mwcremer
on May 19, 2022
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The Great Crypto Grift May Be Unwinding
Which raises an interesting question: what fraction of Bitcoin, for example, is effectively lost forever? I assume minuscule, but like entropy it never decreases?
woodruffw
on May 19, 2022
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You 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...
andirk
on May 20, 2022
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I assume its some large % of all bitcoin is lost especially from early adopters mining thousands of then worthless tokens.
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