Michael Sailor will burn your private keys while dying

9. February 2025. year, cointelegraph has published a recording of January interview with the Presiding Michael Sailor’s presiding strategy on the fox. According to the description, in the video, Sailor suggests that he will burn his BTC keys while dying to ensure that coins will never be sold. Let’s see what he said says says, is there a hint and what is the purpose of ignition of the keys.

Several media channels folded a recording from cointelegraph, with various headlines, which can be concluded by the EKEC strategy, will actually draw their hair in the grave while dying. However, that is not what he said in a recording.

In the video, he would be good to be good for someone who has a lot of bitcoin to burn the keys to make “Pro contribution to the war” by the BTC world “based on their contribution and their knowledge of bitcoin.”

The idea is simple – due to the deflation nature of bitcoin, as a large amount of BTC, leaves circulation forever, the remaining bitcoini becomes more valuable. This means that the rest of the BTC carriers can become richer as a result of moving.

In this regard, he says Sailor’s idea is a similar urge of Donald Trump not to sell Bitcoins and strategically accumulates them. Various suggestions for Bitcoin reserves have a clause banning sales BTC for years to ensure market stability and consistent request.

Although the reactor is definitely a person who accumulated a lot of BTC, as he put his idea does not oblige him to follow the scenario described.

He didn’t add a single word that could be seen as a hint that he would lock his Bitcoins himself forever. Instead, he shared an idea with others. And yes, there is a chance that Sailor is considering doing something like this. However, Sailor can think of another decision in the future.

He concluded that he sees himself as a person who took Satoshin’s torch and continues to commercialize Bitcoin with corporations and governments.

How good is this idea?

At least, the idea is correlated with the Visaj Satoshi Nakamoto, who intentionally created scarecrafts Bitcoin. When Sailor is talking about how great Bitcoin, often emphasizes his scarcity as the main driver of his price.

During the episode PBD podcast in 2024 years, he said To be able to create more real estate in New York, create more watches, create more gold (sic!) And any goods if he had enough time and money. But Bitcoin has an absolute hat, which is 21 million, said Sailor. As the price of goods are growing, manufacturers are incentive to produce more, which is not the case with Bitcoin. That is why Bitcoin is a great value of value, according to Sailor.

He Assertion That the US dollar will be de facto-supported Bitcoin as soon as the government begins to invest in it. In the thinking opinion, this will make the dollar more powerful, not less, as some experts warn. The reason is the same – until the country has a huge piece of the world in the world, its national currency will be strong.

However, it is worth noting that scarcity hits the value of bitcoin as long as the demand for BTC remains strong. Let’s say someone pulls the self-portrait, creating an extremely scarce object. Will it be extremely valuable? Not necessarily. Bitcoin is running with demand. The growing scarcity of assets encourages demand further, increasing the urge of several subjects (including corporations and governments) to procure some.

Let’s say someone with 450,000 BTCs (approximate amount in real control from January 2025) died before 2028 Bitcoin crossed. In the 2024-2028 cycle, 450 BTC is produced every day. Thus, removing 450k bitcoin from circulation in one day eliminates the result of almost three years of mining between 2024. And 2028. or almost everything will be mined between 2028. And 2033. Years.

Some have even compared this likely case to halve. However, as opposed to halved, the keys that burns keys is a different case. First, as opposed to halved, reduces the amount in circulation and seconds, does not include miners that must raise BTC prices to maintain mining profitability. However, BTC customers will have to compete for much less remaining bitcoin, which is a good climate for price growth.

Generally, Sailor seems to be right about the possible effect of such a move. However, there are some factors that can play his “plan” around.

The future of lost bitcoin

Since February 2025. years, over three million of 20 million Bitla already mined considered “Lost” due to forgotten or lost keys, coins sent to wrong addresses and other reasons. According to other estimates, there are over 6 million lost bitcoins.

Although so many lost coins make Bitcoin even the Maca, the fate of these coins is not that final.

The 21 million hard caps itself is not something unchangeable. The same mechanism used to improve the BitCoin network can change the total bitter offer or remove it completely.

It is possible to mention in the educational video on the Bitcoin published by Blacter, a company that has the highest amount of BTC. This unorthodox fact was filled with anger and disapproval from the community, however, it does not change the fact that a solid cap can change if enough miners see this idea convenient, for any reason.

If the hard cap leaves or the total supply increase increases, the value of lost bitcoin can fall and says that he said that the vision of less lie was.

Another concern is quantum computers. Quantum computers are one of which expected to be expected to change the game drastically as soon as they enter the scope.

Their computing abilities can be strong enough to break BTC wallets. Bitcoin community is prepared to prevent this, but the outcome is not known from now. There is a possibility that “lost” bitcoini will be released or stolen through quantum computers.