this post was submitted on 31 Jan 2024
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If this sounds like a big number, keep in mind this is roughly 0.02% of the Bitcoin in circulation. The eventual total supply of BTC is 21 million BTC. Bitcoin's market cap is around 800 billion USD, which puts it in the top 25 countries by GDP. Next to switzerland, bigger than Norway, Sweden, Vietnam or Israel. (GDP isn't the same as market cap, just trying to give an example for scale).
The total supply is 21 million. But a lot has been lost due to people losing their keys.
How much is difficult to measure, but you can probably take 20% off that number and be somewhat safe.
True. There are some pretty good effort estimates out there, idk what they are, but there are definitely some lost keys.