If you cannot spend a bitcoin, then it does indeed become useless. You cannot put it on the wall, or wear it on your wrist. Anyone who holds them will scramble for the exit, raising whatever cash they can. And there is at least an even chance that this is what is happening now.
Eulogy made by Hamish McRae
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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