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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)The only way Bitcoin approaches zero is if the people who want something like Bitcoin eventually migrate to a different cryptocurrency like. If Bitcoin lost all of its value and utility at once, the potential impact would be immense and most definitely lead to massive financial losses. Bitcoin could plunge 20%% in the rout but would quickly rebound, Hayes predicted. While crypto investors are fixated on an imminent spot.