0 sats \ 0 replies \ @netstatic 7 Sep 2023 \ on: What happens to you if Bitcoin fails? bitcoin
If Bitcoin fails we all fail (except maybe the fiat rich). We'll just enter an endless loop of pseudo long-term "stability" created using money we don't have, and deeply devastating crashes between generations until we get into a big enough crash we won't be able to recover from. This is assuming "failure" means the value of Bitcoin will crash relative to fiat for some currently unforeseen reason.