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, do not expect the governments to offer a bail out to Bitcoin if in case it will go down crashing. There is no single government that might extend even a little help to Bitcoin if that tragedy is going to happen. Bitcoin is independent from the governments. While there are governments that are supporting the use of Bitcoin, it is for their own sake and not for Bitcoin's. They are just allowing themselves to follow the current fintech trend.