How much Bitcoin is lost Forever vs Price
As we all know, if you lose your Private Key, your funds are lost forever no one can use them. So was just wondering, assuming there is a legitimate source that tells us x% of the total 21 million supply of bitcoins has been lost forever, will the Price skyrocket or drop drastically ?
In theory no funds are "lost forever" because, with enough computational time, a correct "guess" could be made to access any private key.
The amount of computations may seem unreachable given current technology, but remember in 1980, less than 40 years ago, "256 k [was] as much memory as anyone will ever need" (Bill Gates) and today's smartphones use more than 250,000 times that number.