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?
At that time, the rich will have to find another low-level job and many will have to commit suicide due to trust in crypto. and it's hard to imagine a scenario where more than $ 200 billion is out of the world, there will certainly be a financial crisis again. because not only ordinary people like us are trading coins but also financial institutions, banks and even some central banks like in Venezuela. Therefore, the fall will bring a lot of negative things to the whole world.
This is not even convincing but funny at the same time, sorry but I guess you are over reacting, the rich will have to find another low level job? really? why would they bother doing that if they are already rich, and committing suicide? oh come on man, that is not going to happen. There is a lot of alternatives to earn money, they will not do that, cryptocurrency users are smart enough to save some cash in their vaults for emergency.
Be wise, to avoid being paranoid and for some peace of mind.