Approximately 4 million bitcoins (nearly half a trillion dollars) are permanently lost due to forgotten keys, passphrases, and broken hardware, creating a structural supply shock that makes Bitcoin more scarce than its 21 million cap suggests and potentially strengthens its value proposition compared to fiat currencies that continuously expand money supply.
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Bitcoin lost supply shock #bitcoin #lostcoins #scarcityAdded:
The biggest myth in crypto is that there will be 21 million bitcoins in circulation. In reality, four million of them are already dead. We are looking at nearly half a trillion dollars that has vanished into the digital void. This happened because of simple human error, lost keys, forgotten passphrases, and broken hardware. It's like locking the world's gold in a vault and dropping the key into a volcano. But here is the silver lining. These lost coins create a supply shock. Since these coins can never be sold, they can't crash the price. While the world's banks print more money every day, Bitcoin is becoming more scarce by the minute. Do you think this lost forever feature is a good thing for the economy?
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