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   Molly White (molly0xfff@hachyderm.io)'s status on Tuesday, 31-Dec-2024 02:10:01 JST Molly White

   in reply to

   • Mu

   @mu before getting in to questions about the supply, i would question the supposed market cap: https://blog.mollywhite.net/cryptocurrency-market-caps-and-notional-value/

   • Embed this notice
     Mu (mu@mastodon.nz)'s status on Tuesday, 31-Dec-2024 02:10:02 JST Mu

     @molly0xfff sorry to interrupt your day, but I'm clueless about Bitcoin, and it occurred to me that if quite a lot of Bitcoin is lost each year (maybe 4% from sone estimates) do people take that into account when they think about the total value?

     So, if total coins * price = a trillion dollars, but 40% of that will never be unlocked, does that mean that it's effectively only $600B as an "asset"?

     Sorry for the muddled question.