I know it sounds like an impossible question but just imagine for a moment if Bitcoin suddenly stopped existing What would happen to the markets the people who invested their savings and the businesses built around it Would another cryptocurrency quickly take its place or would the whole idea of decentralized money lose trust
I haven’t thought about it before, and i don’t have to start thinking maybe bitcoin will stop existing because I know it’s not really going to be possible. Bitcoin have been available since 2009, I will say thats 16 years, if bitcoin will stop existing, then it will have happened during the early stage, and not now. As we can see even the government are already adopting bitcoin, and lots of businesses have started accepting bitcoin as payment method, so I don’t really think that’s going to be possible now.
If bitcoin can stop existing, then it will believe all the coins in the crypto space right now will stop existing too, and I don’t think any cryptocurrency will be taking bitcoin space, no coin can be like bitcoin, any coin which you see in market will just have to be behind bitcoin, and any coin which will be created later in the future will still be behind bitcoin.