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Its not about that. If its not easy or possible to exchange BTC for goods or fiat, it becomes a novelty. You can never kill crypto, but you can certainly make i
by ds 5y ago
Its not about that. If its not easy or possible to exchange BTC for goods or fiat, it becomes a novelty. You can never kill crypto, but you can certainly make it so that it becomes like beanie babies or tulips, where only a minority of people feel it has any value in the current day.
Bottom of the line is always going to be if you can exchange crypto for goods. If most people feel that the crypto is worthless, the value will plunge and the buyer pool will as well.