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Sure, but the treasury can always print more. In the grand scheme of things, it's probably not that big a problem (Clearly hasn't stopped its growth thus far). I haven't the faintest clue in the world what is the rate of deletion versus the rate of influx of bitcoins to the market... This is what I get for commenting on an article without the most basic grasp of economics. Ignore that transmission. >_<How big a problem is that? People lose money and goods all the time, often irretrievably.
"Deflation" means bitcoins will tend to increase in value