This is why I believe bitcoin will crush in the distant future

[PALM]

The fewer bitcoins circulating in the world, the higher the demand for them and, accordingly, the higher the price.
Obviously, over time, bitcoins will become smaller due to the fact that people will lose access to their private wallets or, as you said, in the event of death.

However, most of the people will surely be safe for this case, especially exchanges that own a huge number of bitcoins.
The bitcoin deficit will increase in a natural way, which will make this asset especially desirable.

[AbdulShiek]

Bitcoiners keep their coins in a private key. This has a disadvantage. Let's assume that someone with 1000BTC dies. If he hadn't given the wallet to someone then his bitcoins are lost. So in the distant future that lots of bitcoiners will be dead and they won't have given their private keys to others, many bitcoins will be lost. So the available bitcoins will be lower and lower overtime.

Bitcoin is not like a bank meaning that cannot be used as inheritance. So will it live only on our era? Will it be lost in the future?

The Bitcoin can be claimed by the beneficiaries as long as they can provide the legal or support their claim.

[darexgeorgieviya04]

Let's not forget that bitcoin is highly divisible, and can be more divisible through layer 2 solutions. Lost bitcoin only helps the scarcity part of bitcoin. Unless 95% of the population suddenly dies without being able to hand over the bitcoin to their families, it will be quite farfetched to think that this will be a problem any time in our lifetimes.

I didn't said it's the greatest possibility. But some bitcoins from few owners will get lost in the future. And I mentioned, overtime. Not tomorrow or next year.

[sashavich04]

Let's not forget that bitcoin is highly divisible, and can be more divisible through layer 2 solutions. Lost bitcoin only helps the scarcity part of bitcoin. Unless 95% of the population suddenly dies without being able to hand over the bitcoin to their families, it will be quite farfetched to think that this will be a problem any time in our lifetimes.

[Newbie_trader]

Bitcoiners keep their coins in a private key. This has a disadvantage. Let's assume that someone with 1000BTC dies. If he hadn't given the wallet to someone then his bitcoins are lost. So in the distant future that lots of bitcoiners will be dead and they won't have given their private keys to others, many bitcoins will be lost. So the available bitcoins will be lower and lower overtime.

Bitcoin is not like a bank meaning that cannot be used as inheritance. So will it live only on our era? Will it be lost in the future?

Remember, anyone can convert Bitcoin to cash. It is a digital money. Thus, it can be given to any of your beneficiaries when you leave the world for good.

[Alexthedefender04]

Bitcoiners keep their coins in a private key. This has a disadvantage. Let's assume that someone with 1000BTC dies. If he hadn't given the wallet to someone then his bitcoins are lost. So in the distant future that lots of bitcoiners will be dead and they won't have given their private keys to others, many bitcoins will be lost. So the available bitcoins will be lower and lower overtime.

Bitcoin is not like a bank meaning that cannot be used as inheritance. So will it live only on our era? Will it be lost in the future?