More than half of all Bitcoin UTXO's* have become unspendable. This does not happen to robust currencies, or even "stores of value". Bitcoiners were outraged when India removed the smaller denomination notes of the Rupee from circulation, but you hear nothing when the exact same thing has effectively happened in their own system.
* A UTXO is the equivalent of a coin or note in physical fiat currency. Imagine that every $5 bill you owned cost more than $5 to give to someone. That is what has happened to Bitcoin.
Thats so true
100% agree
More than half of all Bitcoin UTXO's* have become unspendable. This does not happen to robust currencies, or even "stores of value". Bitcoiners were outraged when India removed the smaller denomination notes of the Rupee from circulation, but you hear nothing when the exact same thing has effectively happened in their own system.
* A UTXO is the equivalent of a coin or note in physical fiat currency. Imagine that every $5 bill you owned cost more than $5 to give to someone. That is what has happened to Bitcoin.