The question is based on curiosity more than anything else. I’m not being flippant, but seriously, what if all exchanges simply shut down? What’s your plan?

What would you do? What would be your recourse? Even those that say “not your keys, …blah, blah, blah” what would be your plan to attempt to recover or exchange your coin without an exchange?

Is this situation even plausible? Could it happen? It would seem as of late that almost all exchanges are under some sort of scrutiny or investigation by the SEC or other regulatory entity. Without real regulations in place (other than the IRS) cryptocurrency is really in a weird Wild West predicament with so much uncertainty and FUD to go around. Twice.

I would love to hear some wild scenarios that you guys have thought through. Not only that, but if you are a major bag holder or a dedicated HODL’r, what would be your coarse of action?

Do you have a plan or an exit strategy should things go south? 

If you had one billion dollars and someone threatens to take all of it away - how much of your wealth would you spend to save it? A small amount? Half? Most? If your choices where either keep 10% or 0% of your wealth, what would you choose?

Like it or not, there are quite the number of really big whales out there and it is in their best interest to defend their source of wealth. Sure, the banks and corrupt politicians have an insensitive to see Bitcoin fall. But someone fighting to defend something will ALWAYS fight harder and longer than someone attacking it.

Also, anti-bitcoin organizations are finding it exceedingly hard to receuit the knowledgeable people needed to further their agenda, since all the knowledgeable people end up switching to the pro-bitcoin side. Either because it pays better or simply because it is the right thing to do. BTC