bitcoin4all on Nostr: Bitcoin question. I worry about lost coins. Over a long enough time the supply will ...
Bitcoin question. I worry about lost coins. Over a long enough time the supply will shrink towards zero. Every sat that is lost is out of the supply forever. Does it make sense to return coins that haven’t moved in say 21 years back into the pool for future mining rewards. It wouldn’t have to change the issuance schedule necessarily. Any coins that were unspent for 21 years could be moved to the end of the stack and start being distributed after 2140 for example. Am I off base?
Published at
2023-10-14 04:37:42Event JSON
{
"id": "b5810a2adc0a802929b315c4c199d8e767acac9750e9a5983c936defe16f1458",
"pubkey": "2248fe0518a40ef52013abd98602bfb7110d5f544d43f56fe5522e6273582fdb",
"created_at": 1697251062,
"kind": 1,
"tags": [],
"content": "Bitcoin question. I worry about lost coins. Over a long enough time the supply will shrink towards zero. Every sat that is lost is out of the supply forever. Does it make sense to return coins that haven’t moved in say 21 years back into the pool for future mining rewards. It wouldn’t have to change the issuance schedule necessarily. Any coins that were unspent for 21 years could be moved to the end of the stack and start being distributed after 2140 for example. Am I off base?",
"sig": "f6b90b7ce04105f32b8d31ef937bfca3824cdb2cc61a8080a571593d74224f9d73736d0251b59a200fbec4bb0e0f3ca5598b285635ecb4fdde055adfa09c007d"
}
