Message:

<p>[QUOTE=&quot;masterswimmer, post: 26191342, member: 102022&quot;]Cal, since the ultimately available bitcoins, after all mining is completed, is a fixed quantity, won&#039;t those tradable bitcoins continually shrink over time?</p><p><br /></p><p>I know the widely publicized course of action is to protect and safely secure your bitcoin password. Since your wallet can potentially contain many millions of dollars, depending on the FMV of bitcoin that day, protecting your PW can be the deciding factor between great wealth and instant poverty.</p><p><br /></p><p>All that being bitcoin reality, I believe many people would never share their PW with anyone. You&#039;d think most people would find a contingency plan to get their PW to a surviving benefactor as their final good will gesture in their demise, however, a strong number of those who die suddenly and unexpectedly in an accident might not have considered what would happen to their fortune in that event. Now those bitcoins would be lost to the ether. Never to be accessed again. These occurrences probably happen more than gets told publicly.</p><p><br /></p><p>Therefore, since there is a finite number of bitcoin to be mined, the only possible variable is the ever decreasing accessibility of bitcoin over time. However improbable this scenario is, it is plausible that with the law of diminishing returns, one day it&#039;s possible that all bitcoins have been mined yet no bitcoins are accessible.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in