Post
Topic
Board Economics
Re: Is bitcoin dead?
by
HarHarHar9965
on 13/07/2015, 07:41:39 UTC

a big crash like that is the worst thing that could happen to diminish the trust in bitcoin, worse than any news or hackers

Yeah, that was the Mt.Gox controversy and they have still left the matter unclear regarding willie. So if such a big crash happens again, you think people will stay? A trustless crypto-based payment system still relies heavily on trusted supports. These 'trusted supports' are mostly unregulated, attracting unscrupulous traders and speculators. What if they attract somebody or something similar to how things went before?