134 sats \ 5 replies \ @siggy47 9 Jul 2023 \ on: You wake up and Bitcoin is worth ZERO. What do you do? bitcoin
The obvious answer would be to buy and accumulate as much as you can. I can't envision this happening short of nuclear armageddon or a combination double spend/ encryption break. The latter is virtually impossible.
Correct answer since this causes a paradoxon
If it's 0 everyone will buy (since it's free) so it can't be 0 since people will outbid each other
reply
Oh, seems like it's called "paradox" in English. Paradoxon is German haha
reply
"hmm the germans already have a good word, but it's got that ugly 'on' bit at the end... just take it and remove that bit."
reply
May as well, just in case demand reemerges. It's not like holding it is costly.
reply
Right…nothing to lose if it’s worth $0!
reply