
Over 11 million Bitcoin has no known owner, even after Wall Street buying surge
Analysis shows that over 11 million Bitcoin (out of 21 million total that will ever exist) cannot be linked to any identifiable owner. This Bitcoin has been lost, forgotten, or deliberately taken offline by early miners who no longer have access to it. Even though major Wall Street institutions and large investors have purchased significant amounts of Bitcoin in recent years, the total amount of lost or inaccessible Bitcoin hasn't decreased. This permanently reduces the effective supply of Bitcoin available for active use or trading. The lost coins represent a fascinating aspect of Bitcoin's history, including coins from the mysterious creator Satoshi Nakamoto that have never been moved. For investors, this means the real circulating supply of Bitcoin is smaller than the total 21 million cap suggests.
Warum es wichtig ist
If you think about Bitcoin as digital money, knowing that millions of coins are permanently stuck away actually makes remaining coins potentially more valuable, because scarcity increases. This is one reason some people view Bitcoin as a store of value similar to gold.