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Interestingly Bitcoin can’t really “fail” in the conventional sense. It won’t go bankrupt and isn’t beholden to profits. It will be an interesting experiment
by booi 5y ago
Interestingly Bitcoin can’t really “fail” in the conventional sense. It won’t go bankrupt and isn’t beholden to profits. It will be an interesting experiment
- salamandersauce 5y agoI think if it plummeted to fractions of a dollar it would be considered a failure. Especially if they spent millions on something now worth a few dollars.
- i_call_solo 5y agoOf course it can. The people maintaining the network can decide it's not profitable to do so and the value could drop to near worthless.