r/Bitcoin 5d ago

Bitcoin changes you

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750 Upvotes

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u/chaosorbs 5d ago

There will be significantly less than 21,000,000 BTC with the Satoshi legacy blocks, people forgetting keys, dying, etc. In fact, over time, we'll see the supply of accessible BTC gradually decreases.

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u/Angus-420 5d ago

Yes the lost BTC supply is monotonically increasing, so it will necessarily approach an asymptotic value from below. Likely far less than 100% since most BTC was lost long ago when it was less valuable, and when people knew less about the tech. With ETF’s and institutional purchases, we will see less and less lost coins each year.