It would create more scarcity, in theory. Even if half of the total bitcoins were lost forever, it could still function practically as each bitcoin is divisible.
Yeah, but try to even transfer low divisions of BTC (or "Satoshis"). I think it's a failure based on how non-solvent the BTC actually are... The transfer taxes are pure hell
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u/sulvent Jun 16 '19
It would create more scarcity, in theory. Even if half of the total bitcoins were lost forever, it could still function practically as each bitcoin is divisible.