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TheDudeMan | 8 months ago

Losing some bitcoin is effectively equivalent (over the long term) to distributing it to all other holders (proportionally). So this is fine.

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nosefurhairdo|8 months ago

Which is equivalent to deflation, which parent suggests is harmful to bitcoin's viability. In order to claim that "this is fine" you would need to refute the claim that deflation is bad.

hn_throwaway_99|8 months ago

> Which is equivalent to deflation, which parent suggests is harmful to bitcoin's viability.

Deflation is built into Bitcoin by design and is one of its most notable features regarding its coin growth schedule. This pros and cons of that approach have been discussed ad infinitum in the crypto community.

DonHopkins|8 months ago

Given the context, "this is fine" is obviously an ironic reference to the cartoon dog sitting on a chair at the dining room table with a mug of coffee in a burning house meme.

throw0101d|8 months ago

> Losing some bitcoin is effectively equivalent (over the long term) to distributing it to all other holders (proportionally). So this is fine.

To those that have, more will be given. What about those that do not have?

wmf|8 months ago

Slavery.

slavik81|8 months ago

You can't actually know if they are truly lost or not, though. Any dormant wallet could reactivate at any time, just like the wallets in this story.