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What ‘far-fetched’ scenarios could still send Bitcoin price to $0?
Despite some dedicated critics saying otherwise, Bitcoin hitting $0 is extremely unlikely due to its strong global community, established infrastructure and historical resilience.
Bitcoin has experienced plenty of ups and downs since creator Satoshi Nakamoto released its white paper in 2009, with more than a few doomsayers predicting a drop to $0 during every correction or bear market.
Legendary investor Warren Buffett and stockbroker Peter Schiff are arguably two of the loudest voices criticizing Bitcoin (BTC) and predicting its downfall.
However, they may never get their wish because it might not even be possible for Bitcoin to reach a value of $0.
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Author: Stephen Katte