When you say 'been around' when are you imagining it to have begun existing? I'm not sure it can impact markets outside crypto in 2018
Q: if Bitcoin had been around in 2008 what affect would it have had on the financial crash?
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it was created in 2009, just thinking hypothetically about if it had existed sooner, wonder if during the crash investment would have shifted to cryptocurrency further destabilising the housing market etc but creating growth in bitcoin
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who cares maybe lol, might be better to ask how it will affect future crashes
End of conversation
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how long before? if it was in the current situation, it probably would have grown pretty quickly.
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say Satoshi invented it in 2005 -
that would be 2012 BTC: unbelievably immature, so much so it lead straight into Mt Gox.
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in the dynamics of the housing crisis, I think it would have absorbed still a lot of assets, that would have been then lost to a bunch of low level scams.
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but even so I think it would have sped mainstream adoption.
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Probably would've plotted the same path as gold did in '07 and '08. That's it.
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