How $BTC going to $0 actually plays out:
Not with a crash. Not with panic selling.
It starts with governments coordinating a global mining ban. Hash rate collapses. Network security breaks.
Then exchanges get pressured to delist. Liquidity dries up. No on/off ramps.
Banks freeze accounts tied to crypto. Payment processors blacklist wallets. Self-custody becomes the only option but nobody can spend it.
The final stage? A superior tech emerges that solves Bitcoin's limitations while governments back it. Network effects flip.
Bitcoin doesn't die from FUD. It dies from irrelevance.
But here's the thing - every single step requires unprecedented global coordination. Every government. Every bank. Every miner. All at once.
That's why $BTC at $0 is theoretically possible but practically impossible. The game theory doesn't allow it.
Not with a crash. Not with panic selling.
It starts with governments coordinating a global mining ban. Hash rate collapses. Network security breaks.
Then exchanges get pressured to delist. Liquidity dries up. No on/off ramps.
Banks freeze accounts tied to crypto. Payment processors blacklist wallets. Self-custody becomes the only option but nobody can spend it.
The final stage? A superior tech emerges that solves Bitcoin's limitations while governments back it. Network effects flip.
Bitcoin doesn't die from FUD. It dies from irrelevance.
But here's the thing - every single step requires unprecedented global coordination. Every government. Every bank. Every miner. All at once.
That's why $BTC at $0 is theoretically possible but practically impossible. The game theory doesn't allow it.