In the event of an emergency

[BitCoinPokerBro]

Most people are not 100% invested in btc. Rather they have multiple investments in both fiat and altcoin sectors. A total collapse would not effect them (as much) due to not having all their eggs in one basket.

[Eamorr]

Most people are not 100% invested in btc. Rather they have multiple investments in both fiat and altcoin sectors. A total collapse would not effect them (as much) due to not having all their eggs in one basket.

Fiat is a safe haven at the moment.

The only trouble is (in my view) that if it keeps going like this, people will start to worry about the exchanges themselves. They'll want their fiat in real bank accounts - not in their trading accounts.

[Eamorr]

Exchanges are stuttering, experiencing huge lags and/or going completely offline.

Customer orders are taking ages and customers are getting their coins changes at the worst prices.

Finally, and it goes without saying:

dollars in exchange account != dollars in your bank account.