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Until now, Bitcoin is not considered a systemic risk[1], which simply means that /when/ it will crash it won't drag the whole world economy down with it. Lots
by dullgiulio 9y ago
Until now, Bitcoin is not considered a systemic risk[1], which simply means that /when/ it will crash it won't drag the whole world economy down with it.
Lots of people will get burned pretty badly though. Like the saying goes, freezing feet and burning head makes for a good average temperature.
[1] https://www.economist.com/news/leaders/21732526-there-investment-case-cryptocurrency-bitcoin-speculative-asset-not-yet https://www.economist.com/news/leaders/21732526-there-invest...