Post
Topic
Board Bitcoin Discussion
Re: Would Bitcoin recover even if it fell to one dollar?
by
Upgrade00
on 15/07/2022, 07:17:30 UTC
How low would Bitcoin have to fall before it was no longer recoverable?
When 1BTC =/= 1BTC
The inherent qualities of Bitcoin are whatakes it valuable. It was once less than a dollar cause of the public perception of it or lack of knowledge, if it falls below that again due to public perception, it is still recoverable as long as the inherent qualities are present, as long as 1BTC = 1BTC.
Once there is a chink in the protocol, then we can say it might not be recoverable.