[chii]

> If people would stop believing the myth

imagine if tomorrow, we suddenly find ourselves mining gold from asteroids, and that gold suddenly became super-abundant. Would the price of gold drop to match just the material usage value (e.g., for jewellery and electronics)?

[paxys]

Yes. In the same way Bitcoin will be worthless if quantum computing or some yet undiscovered technology makes calculating hashes effortless.

[wolfretcrap]

But by then bitcoin would have started using quantum hashes.

[omegant]

It has happened before, aluminum is a good example.

[ZephyrBlu]

I would say yes.