Bitcoin's lowest price in 2050 some unconventional ideas

We've been chatting a lot about how Bitcoin might hit a point of total public acceptance and become the global currency like the USD is now. If that happens, some people think its price could soar to around a million bucks based on today's purchasing power. But we haven’t really explored the scenario where Bitcoin could actually lose that acceptance. One possibility that nobody can completely rule out is Bitcoin going belly up due to a huge disaster, like a Carrington Event. If that happens, there wouldn’t be much to debate BTC would just be worthless since you can’t trade something that doesn’t exist anymore. But here’s where it gets more intriguing. Instead of completely dying, what if Bitcoin just loses its shine for some technical or legal reasons? Imagine if another asset or several assets come along and just crush Bitcoin in every way, to the point where it's obvious to everyone. What do you think the price of BTC would drop to if it lost all its current prestige and was treated like just another collectible because of its historical significance? My guess is it would settle around 1 USD, based on how old Russian tsarist paper rubles (which were gold-backed) are now valued as collectibles at a ratio of about 1:10,000 compared to their original gold value. So I doubt it would plummet to 0.01 USD or even 100 USD in that scenario. That 1 USD feels like it would be the long-term equilibrium price. In the short term, though, it’s possible we could see prices dip to as low as 0.01 USD on some exchanges temporarily.

No money on earth has full acceptance or 100% acceptance not even Gold or the US dollar. I found it out comprehending what you are saying TBH Bitcoin going to $1 on what basis? What went wrong? The possibility or probability of Bitcoin experiencing such is lower than the probability of it crossing $1 million dollar. It's already noticed by the world and would only take a fault that would affect it in a consensus level To really harm Bitcoin.

Carrington Event doesn't necessarily able to destroy bitcoin, maybe disrupt temporarily but once dust settled the nodes can connect again. You need to remember that bitcoin's blockchain is stored across tens of thousand nodes around the world and at the worst case scenario where internet severely disrupted, bitcoin could recover once internet become normal again. The biggest concern that people are talking about mostly is sanction from majority countries but even then bitcoin will be alive and only the price gonna get hit badly.