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All I wonder is, what happens if you delete a portion of the wallets in existence. Given that the supply of bitcoins is limited, does that mean you've essentially permanently destroyed part of the bitcoin economy?


The only part of the economy that's "destroyed" is access to some of the bitcoins. All the goods and services that were there before the wallet is destroyed are still there after the wallet is destroyed. The effects of a destroyed wallet are limited to the owner of the wallet and their plans for the money...A good reason to learn how to backup your wallet!!


You haven't destroyed part of the economy. You've just made everyone else's bitcoins worth a little bit more.


until you destroy 99% of all the wallets and then you can't exchange them for anything useful.

I'll wait for bitcoin 2.0 :)


There already is bitcoin 2.0 tl;dr testnet


plus - there is slight chance someone will generate same private/public key combo and suddenly "find" "lost" coins =)


Except bitcoin has no way of marking a coin as "lost" so if you did generate that combo, everyone would be in agreement that it already belongs to a lost wallet.




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