Can bitcoin ever become completely worthless?

3 answers

• Dec 30, 2021 · 3 years ago
  While it is theoretically possible for bitcoin to become completely worthless, it is highly unlikely. Bitcoin has established itself as the pioneer and most widely recognized cryptocurrency, and its value is driven by a combination of factors such as demand, adoption, and scarcity. As long as there is a demand for decentralized digital currencies and trust in the technology behind bitcoin, it is unlikely to become worthless.
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• Dec 30, 2021 · 3 years ago
  No way! Bitcoin is here to stay! With its decentralized nature, limited supply, and increasing adoption, it has proven to be a resilient asset. While its value may fluctuate, it is highly unlikely to ever become completely worthless. So, don't worry about your bitcoin holdings going down to zero!
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• Dec 30, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, while it is possible for bitcoin to lose value, it is highly unlikely to become completely worthless. The market for bitcoin is driven by a global community of investors and users who believe in its potential as a store of value and medium of exchange. As long as this belief persists, bitcoin will retain some level of value.
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