4 ms·
> There's enough narcos, mafia and other random citizens with enough distain for the law to fight over the remaining (5% Who knows) of remaining bitcoin on the
by mullingitover 6y ago
> There's enough narcos, mafia and other random citizens with enough distain for the law to fight over the remaining (5% Who knows) of remaining bitcoin on the black market after a worldwide ban that maybe it will still have some sort of demand.
If 95% of the value is gone, and with it probably 95% of miners, the whole system is vulnerable to attacks and could easily go into a death spiral for the remaining 5% of the value.