Cane Island Alternative Advisors Analyst Timothy Peterson declared6 million BTC out of 19.3 million BTC mined are irretrievably lost.
I estimate that, as of this week, 6 million of the 19.3 million #bitcoin mined have been irretrievably lost. (See related research at https://t.co/ULso76SXjD ) This means 13.3 million remain with only 1.7 million left to be mined over the next 100+ years. In that time, it’s… pic.twitter.com/WpiSNT9TSF
— Timothy Peterson, CFA CAIA (@nsquaredcrypto) March 25, 2023
According to Peterson, as new bitcoins are created, old ones are lost. He called the 13 million BTC circulating today “everything we are likely to have access to.”
Source: Cryptocurrency
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