Post
Topic
Board Economics
Re: Economic effects of bitcoins
by
Ahiaba
on 02/12/2017, 22:26:10 UTC
I was just thinking that since Bitcoins is 100% on the internet, what would happen if the whole world adopts it and 20M bitcoins gets stolen by a genius similar to what happened to Bitfinex?
Definitely it will affect the market value of Bitcoin downwards and invirably the economy at large but other altcoins will use that advantages of Bitcoin decline to appreciate  because more will start accepting altcoins in place of Bitcoin.