Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.
The world is now digitalise where induction, orientation and serious campaign about bitcoin is prevailing but the major constraint for adoption is the price which had made old users to benefit from the system. For instance to own a bitcoin in my country is above a million naira. Where will one get this money from as a newbie. Let it not be as if there is no hope for us that are new to the ecosystem.
It's not going to happen because if you sell there are going to be someone on the other side of the world that is going to buy it. And this is one of the worst advise that I heard, sorry OP, reduce to 80%?
Just think of other assets as well, if that happens, let's say some blue chip stocks goes down to 80% so that it will be affordable to the masses. It doesn't make sense. And you can accumulation it with just small sats and that is the essence because not everyone can have 1 full Bitcoin in their wallet.