Questions tagged [defaults]

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Alessandra Alessandra Fri Aug 30 2024 | 7 answers 1125

What will happen if bitcoin defaults?

I'm curious to understand, what exactly would be the consequences if Bitcoin were to default? How would this affect the overall cryptocurrency market? Would it have a ripple effect on traditional financial systems as well? Is there a possibility of a domino effect, where one digital currency's failure could lead to the downfall of others? And how would investors and traders be impacted by such a scenario? It's a scenario that many in the crypto world have speculated about, so I'm eager to gain a deeper understanding of the potential outcomes.

What will happen if bitcoin defaults?

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