Iota aren’t splittable, correct? And there’s only a finite amount.
With bitcoin, I understand that when the bitcoin is lost, it becomes more valuable, and people just start spending it in smaller quantities. This can happen indefinitely since bitcoin can be split as small as you like. Iota can’t be split to less than one unit. What happens when large amounts are lost? How does the currency maintain value? The system just doesn’t seem viable in the long term.