Post
Topic
Board Economics
Re: What if crypto vanishes?
by
bobitza
on 12/01/2020, 15:20:26 UTC
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?
If the cryptocurrency disappears maybe overnight, the holders of cryptocurrencies go bankrupt. But cryptocurrency is not the official currency of the government, so it doesn't affect many people. And if cryptocurrencies disappear, it won't hurt the economy. Because not every business deals with cryptocurrency. Life goes on and on. And what do you think if one day the cryptocurrency disappears.