What will happen if Bitcoin is completely crashed?

Bitcoin She now has a $ 2.31 trillion market roof, and it sits on the budgets of assets and institutions and even the national treasury. Millions of people keep them directly, and others are exposed through the boxes circulating on the stock exchange (ETFS), futures and retirement calculations.

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But what if the largest encrypted currency in the world decreases? The complete collapse will not hurt the encryption investors. It was extending through the entire economy. Below, experts weigh on possible repercussions.

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sharp A decrease in bitcoin value It would harm many investors, but the total collapse to scratch will be in another league. It is not only the encryption investors who will get a blow. Bitcoin is now associated with the wider financial system in a way that was not the case just a few years ago. Adult asset managers, pension funds, and even some governments now carry Bitcoin directly or through investment products.

Kevin Rashir, the conference index, said: “Given how Bitcoin is now integrated into the global financial system, where the largest asset manager in the world holds $ 90 billion from the largest encrypted currency in the world, if it will be broken to scratch, we will see a crisis greater than 2008/2009.” He follows.

“The following incident is likely to feel much worse, as the market is much larger now, and we have many bitcoin derivatives such as money traded on the stock market and futures.Millionaire leakage“

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Many people who carry Bitcoin today are those who are in young generations, and the generation of the millennium and General Zires who see an encrypted currency as a main means of wealth development. For some, Bitcoin was their first real investment. If Bitcoin will be disrupted, this may lead to the leadership of many of these younger investors to lose confidence in the financial markets. Instead of moving to other origins such as Arrows or bondsSome may move away from investing completely.

“Studies indicate that Bitcoin investors (by the way, I do not like to refer to them as investors – more appropriate, that they are speculators) tend to be younger than investors in stocks and bonds. Economic index partners.