BTC is facing the risk of a bank run, and small businesses are vulnerable to the death spiral event.

2024-11-23 15:54:14

Abstract generation in progress

Jinse Finance reported that there are rumors that BTC will be used as part of strategic reserves, and the phenomenon of enterprises adopting BTC is becoming more common. BTC as a possible reserve asset is emerging, which has led experts to start thinking about how the BTC bank run will develop. Justin Bons, Chief Information Officer of Cybercapital, a European Cryptocurrency Fund, said that due to the technical limitations of the first blockchain, BTC is vulnerable to the impact of a bank run. During a BTC bank run, small businesses will face risks. The hypothetical event, triggered by a price drop, would force Miners to shut down operations due to unprofitability, which would impact network operations.

BTC-1.3%

CYBER-5.35%

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GateUser-b8286c1e

· 2024-11-23 21:31

After closing the subscription channel, many people come to me every day, including many familiar faces. It's not that I don't care about the feelings of the fans, but my energy is really limited as I monitor the Order Book, observe on-chain data, and search for coins every day. The second stage of

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Qianlai_er416

· 2024-11-23 16:02

bull rebound 🐂

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