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!
If bitcoin falls, other cryptos will be greatly affected and the whole industry will be at risk. Personally, the only situation that I can see bitcoin falls is only when a new crypto will replace it. The industry right now is far from failing even though the prices are down. Because even that the prices are down, the people still buy, use or hold or invest into it.