If cryptocurrencies disappear - how will your life change ?
This is called an impossible hypothesis since the didn't explain how it could happen. The only possibility is that the internet and electricity go out across the entire planet, possibly due to a meteor or a collision with a neighboring planet, and we lose all the servers that hold copies of the blockchain. If someone can explain how this scenario could happen, I can then consider how not just my own but all of our lives would change.
The scenario of crypto suddenly disappearing completely is impossible, there is no viable reason or hypothesis that suggests it could happen. But a major collapse like the tulip bubble or the dotcom bubble is possible and we should not be too subjective.
Although there is a huge difference between dotcoms and bitcoin, because bitcoin is a decentralized asset not owned by any company, and its value is based on scarcity and trust in its network. But what they have in common is excessive speculation, and this can easily lead to a major crash if speculators withdraw their capital en masse. That would certainly cause serious damage as well.
In any case, this doesn't mean that Bitcoin will disappear for one reason or another, even if it is still driven by speculation. In the current cryptocurrency market, there is no one performing better than Bitcoin, so even the scenario you mentioned is unlikely to occur unless a cryptocurrency emerges that is superior to Bitcoin in every aspect of efficiency.
I know that the current price of Bitcoin may be slightly exaggerated, but at the same time, I understand why. Therefore, the decline in Bitcoin's value does not mean that it will disappear or lose its value entirely. There is a market whose factors control everything.
Really that very hard to believe that we would be hitting up this kind of situation but we do know that there's always that possibility or probability that it could happen. It is just that very hard to believe that it would be replaced by into its top spot or would be that totally goes down into the rank and been that beaten up by other coins in the market on which just like been said that its almost impossible to happen. Now in speaking about disappearing then it would be also that hard to believe on which trying to look on how crypto deeply rooted now, then it cant disappear into something from snap. If there would be some isues that being faced like having those exploits or any related problems then there would be a crash but it wont be able to completely put up its price to $0.