I love the concept of Bitcoin, however I have noticed a few weaknesses to the system that not may folks talk about. One of the issues is the 21,000,000 limit. After "X" amount of time, a certain amount of the currency is lost. For instance lets say every year, 3% of bitcoin is lost due to hardware crashes, owners death, another Mt Gox, etc... I am aware we can go all the way down to a satoshi, however I am not sure that is feasible because given enough time, even a Satoshi would be prohibitively expensive when looking at a global scale. Assuming that rate of loss, you lose half of the bitcoins out there after less than two decades. Should there be a way to handle reissuance of "dead" coins? Or even to expand the 21,000,000 limit?
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5please read What could be the consequences of many bitcoins being lost out of circulation if people lose their wallets?, Why doesn't Bitcoin return lost coins back into the block reward?, and What happens to the overall value of Bitcoin when a huge amount of coin is lost?. If you feel that your question is a duplicate of one of them, please flag to close as a duplicate of it. Otherwise, please clarify how your question is different than the above.– Murch ♦Commented Jan 25, 2016 at 15:52
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Any attempt to solve a problem that won't manifest for at least a hundred years now is pointless. Who knows if Bitcoin will even exist then, and it's extremely unlikely that it will look much like it does now.– David SchwartzCommented Jan 27, 2016 at 18:39
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