$BTC 5 Think About BTC
1. Lost Bitcoins Are Gone Forever
An estimated 3 to 4 million BTC (about 15-20% of the total supply) are lost forever due to:
Lost private keys
Forgotten wallets
Deaths without inheritance planning
This makes Bitcoin scarcer than the max supply of 21 million suggests.
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2. Bitcoin Has No “Headquarters” or CEO
Unlike a company, Bitcoin is decentralized:
It’s maintained by a global network of miners and developers.
No single person or group controls it.
Even if a country bans BTC, the network continues elsewhere.
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3. Satoshi Nakamoto’s Wallet Is Untouched
The wallet belonging to BTC’s creator, Satoshi Nakamoto, holds about 1 million BTC—worth tens of billions of dollars—but has never been moved or spent.
This adds mystery and credibility to Bitcoin’s decentralized nature.
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4. Bitcoin Is Programmable (via Script)
Most people think Bitcoin is only for sending/receiving value, but:
It has a scripting language that allows simple smart contracts.
Examples: multi-signature wallets, time-locked transactions, and more.
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5. Bitcoin Can Be Used Without the Internet
In extreme cases (e.g., internet blackouts), BTC can be:
Sent via radio signals
Transferred over satellite (Blockstream Satellite)
Even transmitted with QR codes and mesh networks
