- Bitcoin’s price could rise over time as more tokens get “burned” after being lost.
- Bitcoin that’s lost either when an investor dies or is simply locked out of their wallet reduces available supply.
- Estate planning is crucial for bitcoin investors who store the coin on a cold wallet, experts say.
Widening trade deficits, a $35 trillion pile of debt, and the consistent loss of the US dollar’s purchasing power have long been heralded as the key pillars of the bitcoin bull thesis.
Even a potential Donald Trump election win in November has been ascribed to the cryptocurrency’s recent bullish behavior.
The world’s largest crypto is only a few percentage points away from a fresh all-time high.
Yet, there’s a structural bull case that doesn’t get talked about much, even though it could have a considerable impact on the long-term price of bitcoin: tokens lost in the event of death or just poor planning.
This…
