Back in the day, Vitalik once said that crypto will be going to zero. There has been many concerns about the longevity of cryptocurrency as a serious form of money, given that it's relatively unstable within the mainstream world. It's been 10 years since Bitcoin was created where crypto has had its ups and downs. However, many are afraid that crypto will be going to zero as the blockchain hype ends and governments start rolling their own digital currencies. When we take a look at most cryptocurrencies on the market, most of them aren't even useful at all. Perhaps, the only one is Bitcoin but it's terrible as a currency for daily transactions.
Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts?
Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts?
Actually the strength of this crypto lies in the crypto community. How do they try to maintain crypto so that it still has a high value.
Bitcoin also does not mean anything if the community leaves Bitcoin. Bitcoin is valuable because everyone entrusts Bitcoin and is used as an outside transaction tool. Zero values not only occur in crypto but can occur in Fiat. For example the value of the currency of Zimbabwe. They have changed the currency symbol several times (ZWD, ZWN, ZWR, ZWL) and now ZWD. I think dependence on the paper currency will also be dangerous. Because it has no fixed value. The value of paper currencies depends on world stocks. Maybe this is what I can understand about the value of Zero in crypto, so I don't worry about the zero value in crypto.