But then wallets inevitably get lost and become impossible to recover.
Is this a planned feature? What’s the economic effect of a currency that can only decrease in quantity of issued notes?
But really, I don't think anyone knows what a deflationary currency would be like. It's not like fiat currency will go away.
There will probably be some people who want to fork Bitcoin to increase the supply.
That makes no sense. The entire point of difficulty adjustments is to keep a constant average blocktime.
But then wallets inevitably get lost and become impossible to recover.
Is this a planned feature? What’s the economic effect of a currency that can only decrease in quantity of issued notes?