I think the OP is talking about a potential 'honeypot' or 'trapdoor' where people trade their fiat for blockchain and then one day the value goes to zero
How or why that woudl happen? Well the stock market can plummet, and the value of the US dollar can plummet and THAT would make the value of blockchain drop to zero in tandem with the US dollar because blockchain is valuated in US dollars (world reserve currency) rather than, say the crustal ratio of precious metals or some other thing, such as a [world consensus average energy unit fungability value] (which doesn't yet exist, but MAY soon, as 'carbon credits')
The other way is that if the exchanges are all being controlled by a vicious elite, and that is how they collude / conspire / coordinate to set the value of bitcoin or other blockchains (because it / they certainly isn't / aren't based on supply / demand / scarcity)--then they could collude to one day set the value to zero; or use their fee-less, bulk, flash-trading AI transaction agents to conspire to make very weird, fast, and sometimes lossful trades to fool and/or coax the market into falling, which is something I believe they are already doing and have done in the past, as a 'crypto pump and dump strategy'...allowing crytpo exchange runners (aka 'the house') to win by fixing the outcome.
The stock market is rigged as we saw with $GME, crypto markets are more like gold, real estate or used car market, only digital so that nobody is stupid enough to buy "paper crypto" which is just fractional reserve crypto.
Now imagine if the big banking cartel where to manipulate the market of used cars, fist they would have to buy up a shitload of used cars, mostly at terrible prices. Then to dump the price they would have to sell them all, at massive loss. And when they do, a lot of people are gonna take this opportunity to get a cheap used car which will go up in value once the market stabilizes.
Of course they could trick people into some sort of honey pot or trap door, but not like this. Why choose the most expensive way possible with huge risk of failure as they cannot control these sort of markets? It makes no sense at all.
I think the OP is talking about a potential 'honeypot' or 'trapdoor' where people trade their fiat for blockchain and then one day the value goes to zero
How or why that woudl happen? Well the stock market can plummet, and the value of the US dollar can plummet and THAT would make the value of blockchain drop to zero in tandem with the US dollar because blockchain is valuated in US dollars (world reserve currency) rather than, say the crustal ratio of precious metals or some other thing, such as a [world consensus average energy unit fungability value] (which doesn't yet exist, but MAY soon, as 'carbon credits')
The other way is that if the exchanges are all being controlled by a vicious elite, and that is how they collude / conspire / coordinate to set the value of bitcoin or other blockchains (because it / they certainly isn't / aren't based on supply / demand / scarcity)--then they could collude to one day set the value to zero; or use their fee-less, bulk, flash-trading AI transaction agents to conspire to make very weird, fast, and sometimes lossful trades to fool and/or coax the market into falling, which is something I believe they are already doing and have done in the past, as a 'crypto pump and dump strategy'...allowing crytpo exchange runners (aka 'the house') to win by fixing the outcome.
Most of what you are writing is not only wrong, but entirely illogical to the point of being completely backwards.
The stock market is rigged as we saw with $GME, crypto markets are more like gold, real estate or used car market, only digital so that nobody is stupid enough to buy "paper crypto" which is just fractional reserve crypto.
Now imagine if the big banking cartel where to manipulate the market of used cars, fist they would have to buy up a shitload of used cars, mostly at terrible prices. Then to dump the price they would have to sell them all, at massive loss. And when they do, a lot of people are gonna take this opportunity to get a cheap used car which will go up in value once the market stabilizes.
Of course they could trick people into some sort of honey pot or trap door, but not like this. Why choose the most expensive way possible with huge risk of failure as they cannot control these sort of markets? It makes no sense at all.
Gold is priced in dollars, just like oil is.
Will they both be worth zero too, when my BitCoins are?