What if crypto vanishes?

[piebeyb]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

please go gardening and go back to the old days where people did activities outside the home or office, started hunting and foraging out there, leaving crypto and letting the whales die because of their own game with their lost money and even we are all here

[Ucy]

Lol, I guess the only way this could happen is through some sort of emp-like attack or if something extraordinary happens. Well, I am more confident in the survival of Blockchain/decentralized data in disasters (or in very distant future) than centralized ones.

[alyssa85]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

The only way it could "vanish" is if the entire global internet system went down, and thus miners and nodes could not connect. But of course the whole point of the internet is that it's designed to always stay up even if parts of it get destroyed (data is just routed through a different path).

[CodyAlfaridzi]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

Nonsense. What scenario that you could think of that would make crypto vanishes overnight? How does crypto vanish anyway?

The only thing that I could imagine is the world can't access the internet. But even then, the Bitcoin network could still alive because there's a node that doesn't rely on internet (CMIIW, Blockstream?) and uses some kind of satellite connection.

[veleten]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

in a highly unlikely scenario that all of the crypto vanishes overnight , I'd be more worried by the thing that has caused it rather than the crypto disappearance itself
this would mean either internet going down completely ,or some sort of a vulnerability discovered in the crypto algorythms
or even ( god forbid ) a world war and a nuclear winter
to be honest with you , if crypto vanished overnight I would not be wearing black
there are bigger things in life than money , worry about them instead

[Fatunad]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

Talking about the very slim to none possibility for this to happen doesn't make any sense in the first place. Scenarios like this does not need any further discussions because if it happens obviously their investments will also vanish and It doesn't make sense again because these are whales who had a lot of btc in their wallet who keeps the price where currently is.

[jhonjhon]

Crypto will not vanish well atleast not overnight because it has a lot of benefits and it had helped a lot of people so it is very impossible that crypto will vanish in thin air with just a snap. We may not know the future of cryptocurrency but i’m pretty sure it has a bright future and it only takes time until most people will use it. If in any case it will really vanish, I think that is when another technology was invented that is way better today.

[alexsandria]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

In order for this to happen there should be irregularities prior to platform where it runs. Well, it is quite obvious that this unfortunate happening would literally brought panic  and massive problem to crypto enthusiasts and companies who are totally into crypto currency. However, the community of crypto aren't totally big thus, may be the complexities, may just come around to those crypto enthusiast.

[bitbunnny]

Cryptocurrencies are not a smoke to vanish. Also it's not sone kind of trend to get out of fashion.
So, I don't think that it's likely at all for cryptocurrencies to vanish, it's new technology achievement that is here to stay. To my opinion it could only be further developed and improved but this is something that already is a part of our societies and in future it will only be more accepted so there is no room to fear that cryptocurrency will be gone.

[mrdeposit]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

If there was an option that crypto might have vanished, whales would not have invested big money in this market. The crypto system is already accessible from all sides. Given that there are satellites that provide the internet, this could have been possible by destroying them. But now it is possible without the internet. In addition to the lighting network, there are now people who can make transactions through radio waves. Besides, when we look at the possibility of their disappearance, destroying cryptocurrencies like bitcoin is almost impossible with current technology.

[Broly46]

Do you want to watch people dying? If crypto vanished, many people will die, they would get triggered so badly they can’t breath, and they would destroy their PC, and their mining rig, and I think the first person who will die hard is the miners, I mean the people who invested billions into mining technology, they would go mad, think about the cloud mining, they would die, many people dying. But it’s funny, because watching people die is absolutely satisfying, I can’t wait to watch the entire world burn.

[bitzizzix]

I conclude that the OP statement assumes and does not mean it will happen, and indeed as long as there is an internet network and crypto electricity will continue to run.
and if crypto disappears in my opinion, there will be many people who are frustrated and fall into poverty for those who still have it in large numbers and rising unemployment and there will be many bad things especially in the economy and finance for small users whose income depends on crypto and many other problems.
and personally if crypto disappears, the possibility of happiness in my life will be lost because most of my income comes from crypto that makes my family and me happy, especially in finance and economics that makes life calm and comfortable without problems with crypto and I don't want it occur. 

[ahmedjamal1998]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

Well I'm not sure what vanishes even mean. It's basically impossible unless the internet and electricity are cut off the whole planet.
At that point I'm pretty sure we'll have a lot of other more important things to worry about than your coins.
Since there's no internet, you won't be able to do any kind of transactions (no cc., no atms etc.)

[AniviaBtc]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

Well I'm not sure what vanishes even mean. It's basically impossible unless the internet and electricity are cut off the whole planet.
At that point I'm pretty sure we'll have a lot of other more important things to worry about than your coins.
Since there's no internet, you won't be able to do any kind of transactions (no cc., no atms etc.)

Vanish means disappear. He's telling us what if crypto disappear. I think it is possible, if the world government or each and every countries agree to shutdown crypto to exist in the world may be it happen.

But certain countries will disapprove to that because they know that crypto has a lot of benefits that will help them to improve their economic state.

[heidikim]

Cryptocurrency has entered our lives now. It is a difficult process for something new to enter our lives. However, it is a more difficult process to remove something from our lives. In addition, the Internet must be disconnected for such a thing to happen. In this case, the world trade stops. Anyway, I don't think that's possible.

[killerfrost]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

if that really happens, it will surely cause an economic crisis. Because all this money is not just our principal, there are many people who borrow from banks to invest in this market and the amount has reached $ 190 billion. So if the crypto market collapses, the whole world will lose over $ 190 billion in fiat money and it will surely be a major influence and sharks will die. I don't expect this to happen, it will make millions of people poor.

190 billion $ is really not too much for a financial market. So if it collapses, it does not affect too much of the general situation of the world, this market is very small compared to the stock market of gold and minerals. So you don't need to be too worried if this market suddenly disappears, but it will never happen anyway.

[Colt81]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

It is really impossible to believe that cryptocurrency will vanish or will be gone because crypto is getting more popular that a lot of people are starting to adopt it even blockchain, but i think if that happens it would be a big trouble for us, especially for those people who stored most of their funds in crypto because all of our hardwork from earning for those money will be instantly be gone.

[airdnasxela]

Although I highly doubt that, but since it's a 'what if' then probably we'll just have to stick with paper money. No crypto, then fiat is our only means of payment, excluding gold. If all crypto suddenly become obsolete, then all of our efforts will be worthless. Feeling frustrated since we've worked for it and in just a day, everything becomes worthless...

[keeee]

What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?

if that really happens, it will surely cause an economic crisis. Because all this money is not just our principal, there are many people who borrow from banks to invest in this market and the amount has reached $ 190 billion. So if the crypto market collapses, the whole world will lose over $ 190 billion in fiat money and it will surely be a major influence and sharks will die. I don't expect this to happen, it will make millions of people poor.

It will have a big impact to economy of every country who have invested a lot to crypto.  Lot of people now ar uaing crypto as a way of oanother income money,  in fact they earned more here than the regular job they have.  If crypto vanished I can agree that economic crisis is not impossible to happen.

[Divinespark]

I hope this will never happen because I gave up my main job to spend all my time in this market and make a profit. The fact that in this market I make more money than office work, and I'm sure there will be more like me in this market. I believe in cryptocurrency and blockchain, it will be an important part of the world in the future