Came to think about something this weekend. Is BTC "too big to fail"?
Currently it's the market cap as 1/3 of Apple (the largest company in the world). So can these money in BTC just vanish? Well... The money in BTC is in a way actually not really comparable with the market cap in other companies since it is based on financial skepticism. What this means is that if BTC happens to start crashing money would start fleeing for other safe havens. BTC investors are the opposite of stupid. Well normal people would probably consider them naive but the opposite is true, due to the corrupt world financial system we live in. So, money would start flowing into gold and silver. If you calculate the value of the world wide production of silver every year (27,000 tonnes at year 2016) at current silver price (547 /kg), that's only $14.8 billion!
We now understand that only 7% of the market cap of BTC would be able to buy up the complete world silver production, at current prices. It is clearly too big to fail.
Everything the so called financial experts do is playing hide and seek with financial indicators, redefining the way of calculating inflation, redefining what is unemployment and much much more - they don't actually solve any problems. You probably (hopefully) know this already. But, what they can't redefine is the willingness to buy monetary precious metals like gold and silver. Sure they can play with the price but all the sudden there is no more for sell. Just like in communism, the food shelfs finally is empty, and in this case the amount of physical gold and silver for sale.