I ask this because of the corona virus where people are too scared to hold money.
The issue is that we value btc against the usd and other fiat currencies. If fiat currencies were no longer how would bitcoin be valued...inflation etc? Can't get my head around how it would work.
people decide the value of crypto, because if most of holders refuse to sell their assets - price will go up, since demand is rising up and supply is falling down constantly.