What set of conditions (technical or socio-economic) can crash blockchain or bitcoin to zero USD? Is this notion of bitcoin crashing inconceivable at this point 10 years into its existence (so long as there is electricity and the internet)? My corollary question is: Can bitcoin be obsoleted by another cryptocurrency? What would that path of obsoletion look like for bitcoin? For example, I hear about other crypto currencies like Etherium or Lightcoin or Bitcash or Altcoin or Bitgold. What would be signs to look for that would make it prudent to cash out of Bitcoin to buy Etherium, for example.
Nothing can stop or crash bitcoin to zero unless if there is a global catastrophe which would blank out the entire net or source of electricity people people wouldnt able to access online.
Im not saying it isnt possible to fail but to think the possibility is nearly zero.As long theres a big community that do supports it then its unlikely to fail specially Bitcoin is the first or king of Crypto
and crashing it to the floor wont really be that easy.We are heading towards future where online payments and transactions will surely be adopted and blockchain tech would be there.