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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="olympic" data-source="post: 16422638" data-attributes="member: 168598"><p>Correct, the number of coins that exist are well known. But just like cash, Bitcoin can be "lost" if the owner loses access to his "wallet", or simply taken out of circulation if the owner never spends them. The 40 Bitcoins in the OP were always known to exist, it's just that no one had used them since they were created in 2009. I would bet there are tens of thousands of Bitcoins out there that are dormant because the owners have lost access to them through a computer crash, death, etc.</p></blockquote><p></p>
[QUOTE="olympic, post: 16422638, member: 168598"] Correct, the number of coins that exist are well known. But just like cash, Bitcoin can be "lost" if the owner loses access to his "wallet", or simply taken out of circulation if the owner never spends them. The 40 Bitcoins in the OP were always known to exist, it's just that no one had used them since they were created in 2009. I would bet there are tens of thousands of Bitcoins out there that are dormant because the owners have lost access to them through a computer crash, death, etc. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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