Post by twetch#2924

twetch#2924 7.2y
1AKHVi…MfPE Key · twetch

I'm going to throw away my keys to 1000 of my BSV so I can make my other BSV more valuable through scarcity.

What the chain says
Transaction
4f25587e53d26b7f20aae24e6161dd340117ee3345f166915d1e3404fae06994
Block
595 475
Time
2019-08-14T03:04:24Z
Signer
1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#2924

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE Verified

Replies (8)

twetch#16592 6.6y
16Wa4D…H34U Key · twetch
Replying to@1AKHVi…MfPE

I’m curious how many BSV have been lost, forgotten or are unattainable.

twetch#2924 6.6y
17nT6H…Wc6g Key · twetch
Replying to@16Wa4D…H34U

In 2017 a study estimated 4 million Bitcoin had been lost at that point. So I would guess at least 4-4.5 million BSV are lost.

twetch#16592 6.6y
16Wa4D…H34U Key · twetch
Replying to@17nT6H…Wc6g

I think the main difference between BSV and BTC will be that BSV will be used so much that demand for it will be high (making it scarce) and BTC will be hoarded and not used at all (making it scarce). Both scenarios create scarcity.

twetch#2924 6.6y
17nT6H…Wc6g Key · twetch
Replying to@16Wa4D…H34U

No one will horde BTC. It will cease to exist ,when the mining profitability of BSV kills it.

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