I'm going to throw away my keys to 1000 of my BSV so I can …
I'm going to throw away my keys to 1000 of my BSV so I can make my other BSV more valuable through scarcity.
Replies
Here: alexholzbauer@moneybutton.com
I'll lock em up for you. If you change your mind, just let me know.
I’m curious how many BSV have been lost, forgotten or are unattainable.
In 2017 a study estimated 4 million Bitcoin had been lost at that point. So I would guess at least 4-4.5 million BSV are lost.
I think the main difference between BSV and BTC will be that BSV will be used so much that demand for it will be high (making it scarce) and BTC will be hoarded and not used at all (making it scarce). Both scenarios create scarcity.
No one will horde BTC. It will cease to exist ,when the mining profitability of BSV kills it.
Well, if people aren’t able to sell it then they will be forced to hold it. 😂 I totally see what you mean though. Could you imagine seeing BSV flip BTC? That would be such an iconic moment.
I can't wait personally. Hopefully not to many people get completely wrecked.
People who are holding BTC in longterm storage will get hit the hardest because other people will be able to dump before them. I am curious how high in value BTC rises before it gets overthrown.