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If you had a strong interest in Ethereum (for example), then I think you’d want to avoid the wholesale destruction of Bitcoin. If the biggest crypto currency fa
by actsasbuffoon 8y ago
If you had a strong interest in Ethereum (for example), then I think you’d want to avoid the wholesale destruction of Bitcoin. If the biggest crypto currency fails, it’ll probably send shockwaves through out the entire crypto currency market.
Mind you, I say this as a crypto currency outsider.
- dragonwriter 8y ago> If you had a strong interest in Ethereum (for example), then I think you’d want to avoid the wholesale destruction of Bitcoin. If the biggest crypto currency fails, it’ll probably send shockwaves through out the entire crypto currency market. That's true as long as cryptocurrency itself is seen as fringe; it's less true if cryptocurrency becomes generally accepted. Of course, a nation-state or other actor interested in preserving the role of fiat and keeping cryptocurrency on the fringes is also a possibility.