Changpeng Zhao estimates 2-4 million Bitcoin permanently lost from circulation
According to Changpeng Zhao, between 2 and 4 million Bitcoin have been irretrievably lost, supporting characterizations of BTC as a deflationary asset.
Changpeng Zhao has estimated that 2 to 4 million Bitcoin are permanently inaccessible, describing the cryptocurrency as a deflationary asset. The estimate reflects losses from various causes, including forgotten private keys and wallet inaccessibility, which reduce the practical supply available for circulation.
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