One worse outcome is that Bitcoin is the bellwether in the cryptocurrency space. A big rise in it has a tendency to push others (called Altcoins) to rise with a

One worse outcome is that Bitcoin is the bellwether in the cryptocurrency space. A big rise in it has a tendency to push others (called Altcoins) to rise with a much higher amount of speculation, rug pulling, scams, etc. When there is a crash, many of these altcoins could eat up gullible or greedy people’s life savings.