I would like to let you to share your ideas about what if bitcoin falls?? Let others to know about badconsequence people have to face if bitcoin falls. Thank you Guyz.
attention - i am not talking about bitcoin's current price action . i know these are buying opportunities for investors . I dont mean about bitcoin's price falling . i mean what if bitcoin isn't exist , what if bitcoin wasn't created.
That's a difficult question, if bitcoin would stop to exist today than probably ETH will take its place as the new leading crypto currency. The crypto boom has already happened and there is no way people would go back to a world before cryptos. The demand is still strong for an independent currency that is not influenced by central banks.
Things would be a little different if there was a time machine to go back in the past and prevent bitcoins from ever being created. Without bitcoins we would not have the crypto boom and it would need someone else to invent crypto currencies. Who knows when this would happen, it could be in 20 years after the next big financial crisis. It took so many years and a lot of work for bitcoins to become mainstream that the success would not be guaranteed if we had to start from scratch.