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What if bitcoin went to zero?
Article

What if bitcoin went to zero?

A thought experiment helps uncover the links between crypto and mainstream finance



Editorial Rating

8

Qualities

  • Eye Opening
  • Overview
  • Hot Topic

Recommendation

Bitcoin owners ride a rollercoaster of steep price swings, even as more and more mainstream investors add the cryptocurrency to their portfolios. The Economist examines the worst-case scenario of a bitcoin implosion and its possible impacts on the broader financial markets. Cryptocurrency enthusiasts and doubters, financial professionals, and investors will gain much from this informative look at bitcoin’s systemic risks.

Take-Aways

  • Despite bitcoin’s volatility, investors of all stripes are staking claims in the cryptocurrency space.
  • Bitcoin’s price could collapse to zero.
  • Bitcoin at zero would inflict collateral damage on the wider financial system.

About the Author

The Economist is an independent weekly magazine covering business, foreign affairs, science and technology.


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