..interesting ...but i don't think it has nothing to do with the free fall we are seeing in the cryptocurrencies
If people lost crypto coins ..it is even better ..they will have to purchases more coins to buy their drugs or whatever stuff that they were buying and the cryptocurrencies would go up, not down
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Yes, i agree with you that in term of money supply this could drive the price higher but think about those people who got away with at least $50M worth of coins, they'll have to turn it into other CC or FIAT to be able to go live under the sun ;) I think this could drive the price down, even if just temporary.
ohh yes ...this is the other side of the story...
let's just hope that soon we will see green digits in the various exchanges