Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral Event

By Bitcoin News | Created at 2024-11-23 15:54:50 | Updated at 2024-11-23 19:07:03 3 hours ago
Truth
Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral EventJustin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability and affecting network operativity. Cybercapital CIO Justin Bons Alerts About […]
Read Entire Article