Former deputy governor, BOE believes Bitcoin can drop to zero. I wonder what his opinion is at the moment.
"Their price can vary quite considerably and they could theoretically or practically drop to zero." Jon Cunliffe saiid.
And what's the different between theoritical and practical drop to zero for BTC?
Can the price theoritically drop to zero but practically trade above $40k. Kinda confusing.
I don’t know the person that made this statement but it is very obvious that this person is an enemy of bitcoin technology, he is confused but will still spread propaganda about bitcoin and sway away people from not investing in bitcoin.
If bitcoin price can turn to zero, we should by now already seeing signs of it but till date, it looks very promising to break boundaries beyond which we can think of. Many things are being anticipated for bitcoin this coming halving, why will it now turn to zero? This is just a baseless say without any fact to back it up.
Bring it up more wailers, but bitcoin will continue to strive irrespective.
Telling about becoming zero or having no value doesnt automatically means that it is really that against bitcoin technology on which these are also questions raised by to those noobs or who are really just new into this market on which they would really be that skeptical in regarding with their Bitcoin holdings or to their investment and this is why they would really be ending up on having this kind of question on which we do know that this is something that we cant really be able to avoid for those mouths on saying but sooner or later they would really be able to realize on whats the real deal. Theyll realize once they do
able to make themselves to learn up those necessary informations that would come up naturally or they would be able to encounter.
We've been here for a while now or simply being here a decade.When it comes to value then it would really be that questionable because no one could really be able to predict
on what are the things that could happen in the future and this what makes things truly that questionable and this is why you should really know on when to
to go with the waves in terms of investment.