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Glad this is finally getting attention.
Cointelegraph just shared new Ledger data showing up to 3.7M BTC may be lost.

Add Satoshi’s untouched 1.04M BTC, and you’re looking at 5 million Bitcoin gone for good. As you know I've been talking about 5M lost since 2021.

Now consider this:
There are 62 million millionaires… and only 15 million BTC available.

That’s less than 0.24 BTC per millionaire —
Good luck

h/t to Sanjay for the info

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Comments

MacD

What is the definition of a millionaire?1 million net worth is nothing today. It could all be in a modest house. I think you need 10 million today to be considered a millionaire of times past.

JAPMS

What is the math on if consider the current holdings of all ETFs and all governments including the lost? Less than .15 per?

Quantumjumper222

Bitcoin is scarce and people need a place to store value. Bitcoin benefits from the AI boom, governments will need to print so much money to counter act the deflation from AI that BTC is an indirect AI play.

Yiha

Agreed but a million is still alot of money.more then enough to libe in non western countries for years or even decades

WestAusCryptoKid

And yet, there’s still enough supply to keep price from exploding… when will that change?

B

So we all need to get to 0.24 before the millionaires gobble them up!

MarkusFarcus

The millionaires without BTC will be the new Thounsandaires.

btcrealm

I don't argue a tone are gone. BUT there are old wallets that are still accessible and are being used as cold wallets. Careful on the assumptions of 10-15 year old wallets all being dead. Some wallets won't move until it is needed for software changes.

Investovania

seems they're watching your channel now, james.