What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?
Will this ever happen? this is because this same question can equally be put this way. What if there is no more internet again? will this ever happen? my answer is NO but if eventually happens all the investors and people who are holding crypto currency inform of their wealth will all lose their money and they will have no option other than to start a new investment.
basically the probability of this happening is 0%. however, people, today use crypto like money, and it's very difficult to see it disappear overnight. Even though it needs some obstacles, and others, but even like that, crypto is still quite difficult to disappear.
only one thing makes this possible, namely the loss of the internet, people will certainly panic, but the internet will always be there, even today many people depend on the internet.
From that question of OP I have got an idea to my mind that in some countries the internet is from a specific country so if in that country from where they get the internet any issue take place because of which their internet connection is disrupted then the internet can be stopped to the countries. In that case they will lose access to their crypto currencies but will get access again when it is provided again or the connection got from any other country. In my countries sometimes the connection line is disconnected but we have mobile internet which do not let us disconnect from internet that facility now do not let anyone to disconnect from internet in all around the world.