What will happen to society once bitcoin crashes?

>>140100776
Nothing

>>140100776
>what are natural resources

you're an idiot if you collect numbers instead of land.

>>140100776
/biz/ will delete itself and pink wojacks will flood the rest of 4chan

>>140100776
Nothing a new one is already in place ready to catch the inevitable bubble burst, backed by Asia.

Bitcoin and Ripple use a different method to reach network consensus. Bitcoin uses Proof-of-Work (mining). Ripple uses an iterative consensus process.
As a result, Ripple is faster than Bitcoin. It only takes a few seconds to finalize transactions. It's also more energy efficient.
Bitcoin is a decentralized digital currency. Ripple is a decentralized transaction network that also contains a digital currency called ripples or XRP.
The Bitcoin network tracks the movement of Bitcoins. The Ripple network can track information of any kind.
As a result, Ripple can track account balances of any existing currency.
Bitcoin requires centralized exchanges (Mt. Gox). The Ripple network acts as a decentralized currency exchange. So if someone wants to sell their XRP for USD they can do that within the network without needing a third party. (This will help Bitcoiners too: they can trade Bitcoin on the Ripple network without fear of an exchange going down and disrupting the market.)

File: 1468421396597.jpg (117KB, 600x361px) Image search: [Google]

117KB, 600x361px

>>140100846

>>140100776

Video cards will return to their normal prices.

>>140100776
nothing because only losers use it

>>140101715
lmao

cripple is a shitcoin

>>140100776
Nothing, because normies don't care about libertarian autistic e-shekles.

>>140100776
About 2800 GW of electrical power (output of three large nuclear or coal power plant) are not wasted anymore. Otherwise, nothing of interest happens.

>>140100776
Nothing. Bitcoin fucking sucks.

>>140100776
better question what will happen to society when most wealth crashes into Bitcoin?

File: whoppercoin.jpg (106KB, 832x621px) Image search: [Google]

106KB, 832x621px

we all switch to whoppercoin

>>140104785
Isn't that commonly called US-$?