So i read about 20% of bitcoins in circulation are forever lost or hopelessly locked in a wallet. now, in the event that all or an overwhelming majority become inaccessible, say, due to widespread hacking, hoarding of bitcoin, major whales and corporations losing their keys, etc. what would happen? in the event of a near total loss of all bitcoin in circulation, would the value of a single bitcoin skyrocket? and would satoshi’s become more valuable in the process? 0.0000001 suddenly becoming an incredible amount? what are the chances of a system collapse and is there any reverting back?
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