Quote from: salihno71 on October 24, 2017, 08:24:54 AM

Quote from: SupportBitcoin on October 24, 2017, 04:10:09 AM

After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!

Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.

Thanks in advance!

No. "too big to fail" term was invented by the government officials who were "persuaded" by owners of the bank that it's better for the government to give the taxpayer's money and bail out the bank from the coming consequences of the irresponsible behavior than to let it go bankrupt (Iceland showed that it can be done differently). In the case of bitcoin you have no one behind and this is by design.

Bitcoin will always goes high not to fail due to demand increasing