Matt Levine answers this better in https://www.bloomberg.com/view/articles/2017-11-28/regulatory-doughnuts-and-fx-fees https://www.bloomberg.com/view/articles/2

Matt Levine answers this better in https://www.bloomberg.com/view/articles/2017-11-28/regulatory-doughnuts-and-fx-fees https://www.bloomberg.com/view/articles/2017-11-28/regulator.... The short answer is no, because: > if bitcoin speculators want to sell their bitcoins for dollars and nobody wants to buy bitcoins for dollars, then the dollar price of bitcoin will go down and the bitcoin speculators will be sad. But that is always true of everything; it is a feature of markets, not of bank runs.