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Are lost/burned coins truly a donation to the BTC community?

Bitcoin Reddit

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I read all the time how lost/burned coins are like a donation to the BTC community, the argument being that fewer coins in circulation increases the value of the remaining coins. But unless we know for 100% sure that a set of coins is gone, then the only rational assumption is that “lost” or unmoving coins are still in circulation. Rationally , we should always assume those coins to still be part of the supply, and may somehow someday re-enter the supply.

Of course we know some/many coins have been permanently lost - we just don’t know how many or whether they will some day return to the circulating supply.

Even Satoshi’s 1 Million BTC - we don’t know that at some point in the future those coins won’t be accessed and therefore aren’t really “lost.”

Doesn’t count as a shower thought since I’m just sitting around bored, but I’m curious how others feel about the concept of coins that haven’t moved being perceived as additional value to those of us hodling.

Stay humble and stack Sats!

submitted by /u/wayfarer1016
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