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RE: Back-Up Plan if Cryptocurrencies Crash to Zero?
What if all cryptocurrencies were made illegal in all countries, what would you do? Because you said if they were made illegal where you live then you'd just move to another country, what if they where illegal everywhere?
That is never going to happen, there will always be those who see opportunity and stay open for crypto. All the money is going to go to them...
Yup.
HODL.
Even if the floor falls out from a major crypto collapse. It will fall and eventually regain its strength.
Crypto and blockchain tech is here to stay. Whether the current investors abandon the movement or not, this movement is going to continue.
Then I will just use opportunity to buy more ;)
He would rather leave a country than not obey the laws he knows are wrong and that's why I ask, not because I think all countries would make all crypto illegal. We will probably just end up with different levels of legality for each country, different laws, but I don't think there will be a single country that doesn't regulate them.