Post
Topic
Board Economics
Re: What if crypto vanishes?
by
doomloop
on 24/01/2020, 17:59:34 UTC
Then it would be an opportunity to create the next Bitcoin, but a lot of people will be afraid to invest due to the fear of it disappearing again, for absolutely no reason.

That would be the real case scenario, to be honest. People would never use or support crypto currency at that time after what happened. Though we all know that it will not happen since no one can make crypto currencies "vanish". As no one controls it, no one would be able to do that, another thing is that each bitcoin wallet is an access to a part of bitcoin, for example, so as long as you can access your wallet, it will not vanish.
Well, I can only think of one thing, that crypto can never develop again. disappointment, fear, and others make people think that this is just an investment that wastes time. it's just that, thinking about this happening within 1 night, it's very difficult, moreover, the trade happens all the time. I hope the development of crypto will continue to get better.
Crypto is climbing up the stairs of development and will not move in the opposite way. It has reached at appoint in very short span from where it can never fall. Crypto is among these innovations of time that will never be old and people will continue to come and join this market. It is growing and with each passing time its value is also increasing so no fear of its ending.