InFeeo
Language

Could Bitcoin eventually become obsolete?(reddit.com)

×
Link preview Could Bitcoin eventually become obsolete? Post got banned on r/bitcoin so trying here.. Bitcoin is only worth what someone else is willing to pay for it. If sentiment changes, governments crack down on it, or a few large holders start selling, why couldn’t it eventually become worthless? What gives it a long-term floor of value beyond people simply believing it has value? One thing I’ve always wondered: what if Satoshi’s wallet suddenly became active? If one person (or a small group) controls that much Bitcoin, isn’t that a major risk to the ecosystem? submitted by /u/kungfushaolin [link] [Kommentare] reddit.com · reddit.com
Post got banned on r/bitcoin so trying here.. Bitcoin is only worth what someone else is willing to pay for it. If sentiment changes, governments crack down on it, or a few large holders start selling, why couldn’t it eventually become worthless? What gives it a long-term floor of value beyond people simply believing it has value? One thing I’ve always wondered: what if Satoshi’s wallet suddenly became active? If one person (or a small group) controls that much Bitcoin, isn’t that a major risk to the ecosystem? submitted by /u/kungfushaolin [link] [Kommentare]

Log in Log in to comment.

No comments yet.