Even when all bitcoin are mined, much fewer than 21 million will be circulating actively. Data analytics firm Chainalysis estimates that roughly a fifth of all coins mined to date are lost. That means those bitcoin are stuck in wallets with lost keys, which could be due to lost passwords, the physical loss of hard drives where those keys were stored or even stuck in wallets belonging to deceased owners who never passed on the passwords necessary to access them.
Related posts
-
Bitcoin Price Pauses Under $100K: Bulls Eye the Milestone
Bitcoin price is consolidating below the $100,000 resistance. BTC bulls might soon attempt to breach the... -
Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan
Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral,... -
Bitcoin Realized Profit Hits ATH At $443 Million – Local Top Or Continuation?
Este artículo también está disponible en español. Bitcoin has surged past the $99,800 mark, setting a...