Quote:
Originally Posted by sugarwood
Why do you think miners stopping would cause a crash? Selling causes a crash. Or if the exchanges vanish like Gox. Crypto Beenie credibility is now over. It will crash when there is a "bank run" and the exchanges have no liquidity.
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the entire system cannot run if nobody mines.
who will track all the transactions?? there's no central bank that runs a data center, that's the entire story bout Crypto, that it is decentralised ... the miners are that datacenter..
if they loose incentive, and stop mining, then crypto dies with them.