Quote:
Originally Posted by $5 submissions
Slightly off topic: isn't one of the reasons why BTC is the "gold standard" of crypto is because a fairly large % of it is IRRETRIEVABLE (ie., mined but lost/forgotten/destroyed/etc)?
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I don't believe the lost forever BTC has any relevance of why it is the gold standard.
It is the gold standard because it is the only truly decentralized crypto of all and is the most secure of all BY FAR, which means it will continue to exist, unlike the others.