Dan Fleyshman

People lost their wallets.

People lost their laptops.

People lost their lives.

And every single day, more people lose their lives, their wallets, their laptops, and their phones.

And so as 4.6 million Bitcoin are missing, 4.7, 4.8,

4.9 over the course of time, the supply gets less and the demand gets higher.

Also, there's what's called the rounding error.

Let's say Stormy has $82 on her wallet and it's just kind of sitting there on like a cash app or Robinhood.

She's not really ever going to spend the 82 bucks.

It's probably just going to sit there.

What if 19 million people have 82 bucks on the side and they just don't spend it?

It just kind of sits there on their wallet.

What if 190 million people have 82 bucks just kind of sitting there that they don't ever spend?

That's called the rounding error.

More supply is gone.

Guys like Chamath, guys like Michael Saylor, corporations and countries, when they buy Bitcoin, they're never going to sell it.

Whether it's $100K, $500K, or $1 million, they're not selling.

That supply is gone.

So it's not $21 million.

It's not $15 million.