Post
Topic
Board Economics
Re: Can bitcoin be worthless?
by
bettercrypto
on 22/04/2019, 04:18:52 UTC
Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?
How does bitcoin start? It started from a worthless coin to valuable and most expensive thing in the world. It definitely become worthless once the people figure out that bitcoin is just a virtual currency and it does not help us much. However, bitcoin is worthful due to its function, its usage in economy wherein we can send abroad or domestic. It is possible to become zero value but as of now, it is meaningful to us.