Oddbean new post about | logout
 here i debunk 1BTC = 1BTC

with a look at the spendable bitcoin supply in the far future
i would say it TRENDS towards 0
but never will be 0

so there could be a time in 1000 years where there are less then
1 BTC in spendable supply !

this would mean its like me saying 23million BTC = 23million BTC

Do you get this ? 
 In that time, the people will understand money.

A 1000 years years from now
They would be able to recover bitcoin in todays encryption that was lost.

I do not think we will ever be at less then 1BTC.

BUT ... THEN AGAIN
Idiocracy

We never know the future .

I think
During our life time we will see
1BTC =1BTC




 
 I don't follow how less than 1 spendable is equivalent to 23m 
 because 23million btc are not spendable right now
and 1 btc could be not spendable in the future
because people lose their corn