I was researching and reading a certain Whitepaper from a good token project and this statement really struck my thinking:
"With no government or anchor backing up cryptocurrencies, the only foundation that cryptocurrencies have is peoples faith in their value. In other words, solely the market mechanism determines the price of cryptocurrencies. At my time of writing, that faith is worth is over $2000 per Bitcoin and this doesnt spur from the Bitcoins intrinsic value, but from what it allow users to do."
In this case, what will happen when that same trust from Bitcoin holders can be diminished or for heaven's sake be gone...would that be the end of Bitcoin?
This also lead me to the question: is Bitcoin really a store of value or more of a medium where our trust is plastered on?