#Marvin

#btc

#加密市场回调 #微策略持续增持BTC Below are three possible scenarios for Bitcoin to reach zero:

Satoshi Nakamoto 'resurrects' and sells a massive amount of Bitcoin

Satoshi Nakamoto, the founder of Bitcoin, mined and held a large amount of Bitcoin in the early days, conservatively estimated to be around 1 million coins. If Satoshi suddenly reappears and sells these Bitcoins on a large scale, the supply of Bitcoin in the market will increase sharply in a short period. With the limited capacity of the market, investors will see a flood of sell orders and panic will ensue, leading to a cascade of sell-offs, causing the price of Bitcoin to plummet. Given the massive amount of Bitcoin held by Satoshi, it may far exceed the market's ability to absorb, potentially driving Bitcoin's value to zero.

Centralization of mining power undermines decentralization

When large investors or mining pools control most of the computing power of the Bitcoin network, they may launch a '51% attack.' They can tamper with transaction records, such as executing a 'double-spending' attack, where the same Bitcoin is spent multiple times, rendering the Bitcoin ledger unreliable. The core value of Bitcoin lies in its decentralization and security transparency; once these characteristics are compromised, the trust foundation of investors collapses, causing a massive exit from the market and a sharp decline in Bitcoin's market value until it reaches zero.

Unexpected significant changes

From a policy perspective, if governments around the world jointly issue bans to completely eliminate Bitcoin, prohibiting all related activities such as trading and mining, Bitcoin will lose its legitimate space for existence, and market demand will disappear instantly, leading its value to zero. From a technical standpoint, if a critical unfixable flaw is discovered in the underlying blockchain technology or if the encryption algorithm is easily cracked, then the security and immutability of Bitcoin will cease to exist, and its foundational value will be completely destroyed, resulting in a value of zero.

Additionally, Marvin, a project under Musk, is also a dark horse, growing rapidly and worth paying attention to.