RE: Thought Exercise: How Bitcoin Could Die

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Thought Exercise: How Bitcoin Could Die

in bitcoin •  7 years ago 

True the learning curve is much higher then fiat, so mass adoption will be effectively curtailed for some time. Perhaps a looming economic crisis with global implications would be the inciting incident. In that case, early adopters would be rich beyond any belief.

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Absolutely possible! Another hypothetical: is that looming crisis you refer to being artificially postponed by central bank printing presses around the world, just long enough for the big players to have large enough crypto positions...and THEN let a fiat collapse occur? Hell if I know!