If you believe that 99% would not buy bitcoin when they receive their disbursement from the liquidation, then do you also believe that 99% would have sold the bitcoins had they received the disbursement in bitcoin rather than fiat?
Selling your bitcoins is another thing. But once gain buying Bitcoins for the cash is entirely different. I know 3-4 people who have lost money in Mt Gox (I myself lost
BTC0.001). All of them are distraught and have lost their interest in Bitcoins. Bad for them, they decided to keep all their coins in an exchange. Most of them were active in the crypto-scene for almost 2 years. But now, they have quit.
I have tried to persuade them to collect BTCs once again. Know what? They are asking me, Bitcoin scams are happening every now and then. Most of the Bitcoiners refuse to do anything against it (freezing the stolen coins.etc), then why should they trust in crypto anymore?
I myself has lost 80% of my coins in BTCT.co. If I lose my remaining 20%, then I'll also quit dealing with BTCs.
The question of whether or not they trust cryptos is irrelevant. Like it or not, cryptos, like the internet, once invented, is here to stay. Cryptos in itself is a trustless system after all, so it's kinda an oxymoron as well.
Look, all of these so called 'scams' are due to human actions. By blaming Bitcoin it's like, you're not careful with your money you blame the money scamming you, that's just how ridiculous it sounds.
