Comment by ramijames
3 hours ago
I think that a large part of the priced in "value" of Bitcoin is just lots and lots of Bitcoin that nobody can access anymore.
3 hours ago
I think that a large part of the priced in "value" of Bitcoin is just lots and lots of Bitcoin that nobody can access anymore.
Bitcoin's supposed to be "liquid" but I'm wondering what happens when there's a forced liquidity event.
What do you mean by forced liquidity event?
I mean, it's the opposite of that; it's forced illiquidity when people lose access to their keys. There is no way to gain access to those coins and you cannot "force" liquidity on the bitcoin protocol.