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.
-snip-
If bitcoin falls, I guess people would lose faith in cryptocurrencies. The whole crypto market would tank and I am sure each and every crypto currencies would also follow the same fate and end up dying. Crypto currencies would become a thing of past that has failed. People will try to create something new out of it. A better product that would circumvent the problem that made bitcoin fall.
It's hard to imagine bitcoin failing now with what it's accomplished so far, accepted and used more and more widely by companies and countries around the world...But assuming bitcoin will fail, surely someone will create something similar to bitcoin and fix the disadvantages that cause bitcoin to die.
Bitcoin has brought us financial freedom, privacy, and that need is getting more and more attention because the government has taken away our freedom for so long. so if bitcoin fails then man creates something like bitcoin.