Re:What would it take for Bitcoin to fail?
by codingdave on Sunday December 29, 2024 @11:10AM
(#42540790)
> By failure I meant go to $0
If that is your only criteria, then beanie babies have not failed.
Almost everything has some value to somebody. Some coins and stamps have inflated values compared to their intrinsic worth. Same with any collectible item. I think that if bitcoin remains basically a unique form of collectible, then its original intent has failed regardless of how much money someone can get by selling one.
But anyway. By failure I meant go to $0 (or close to it)