Re:What would it take for Bitcoin to fail?
by bruce511 on Sunday December 29, 2024 @10:57PM
(#42546313)
Like all speculatory investments, which have little underlying value, the ride ends when the bubble bursts.
Usually this happens when the money runs out - when it's no longer possible to find the next "greater fool".
That might take a while - there's a LOT of money in the world, and a lot of greedy people willing to be convinced that there's gold in them thar hills.
Usually this happens when the money runs out - when it's no longer possible to find the next "greater fool".
That might take a while - there's a LOT of money in the world, and a lot of greedy people willing to be convinced that there's gold in them thar hills.