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20 sats \ 2 replies \ @Undisciplined 25 Jul 2023 \ on: What is the WORST case scenario for Bitcoin? bitcoin
The scenario that could send Bitcoin to 0 is the one that kept me from getting into it for so long. Someone creates a new coin that has convincingly better properties than Bitcoin and drives it from the market. That's still a great scenario for human well being, but it is bad for Bitcoin.
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21 sats \ 1 reply \ @Undergotten 25 Jul 2023
Been literally thousands of new shitcoins. Same thing happens to all of them. I don't think you've anything to fear.
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0 sats \ 0 replies \ @Undisciplined 26 Jul 2023
Neither do I, which is why I'm here, but that was my hurdle to get over and it's probably not a metaphysical impossibility that a better currency is designed at some point.
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