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Germany: Police seize bitcoins worth €2 billion (www.dw.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Germany: Police seize bitcoins worth €2 billion::German authorities have seized 50,000 bitcoins, worth some €2 billion, in what could be the largest seizure to date in the country.

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[–] sugartits@lemmy.world 2 points 9 months ago (1 children)

The total supply is 21 million. But a lot has been lost due to people losing their keys.

How much is difficult to measure, but you can probably take 20% off that number and be somewhat safe.

[–] makeasnek@lemmy.ml 1 points 9 months ago

True. There are some pretty good effort estimates out there, idk what they are, but there are definitely some lost keys.