Bitcoin Forum

Widespread use of cryptocurrency is inevitable. Whether or not it's mainly Bitcoin is irrelevant.

BUT, what comes after all of this? We are so focused on crypto's use being an inevitability and speculating on future value to make money when such profit potential will not last.

Once cryptocurrency is universally used, it won't make sense to keep it as an investment as the price will stabilize.

After the widespread use of crypto is realized, the ultimate representation of how everything has become digitized (even value), the rest of our lives will also have mostly become digitized.

Being hooked to computer screens and smartphones will turn into being hooked on perfect simulations in virtual reality where everything is cheap and our minds can theoretically live on indefinitely for next to nothing. Value won't even have to be exchanged for the most part as consumerism will be obsolete.

https://en.wikipedia.org/wiki/Digital_immortality

Anyone else question where this will ultimately lead? What do you think?

I don't believe that the world will become so "digitized" as you describe it.What about the poor countries in the third world?Do you think they will become "digitized"?However,to answer your question about what comes after bitcoin.My answer is...nothing. ;D
The blockchain technology might be adopted in various industries,but all cryptocurrencies will become obsolete.

I do think the poor countries in the world will also be affected. Satellites will soon make internet access a global "right." https://www.geekwire.com/2018/spacex-gets-set-launch-first-prototype-starlink-satellites-global-internet-access/

Why do you think cryptocurrencies will become obsolete? What indicator are you basing this prediction off of?

Stable enough to be trusted to hold a relatively steady value and make transactions with.

You're right about bitcoin being the solution to be used as both a currency and an asset. This won't change, but it won't have as much potential as an asset if it's value stops moving so much one day. Its ultimate use lies in buying things with it, which we have yet to witness on a large scale.

What I'm trying to say is that this will lead to a digitized future where maybe consumerism and buying things (100-200 years) might not be apart of everyday life.

  We don't know really on what to become on Bitcoin in the market, all of the negative news are affecting the crypto market, the consumer's behavior or level of confidence are dropping as shown on the market, a lot of sell off as the price value of Bitcoin dive further, i am still optimistic on the market recovery after such market drops as posted, one should look into the market movement, it seem the market is stabilizing now at the level of 4k but a lot of negative speculation on the status, is this the new resistance level of Bitcoin? will it goes up again? a lot of question which affect the consumer's confidence level. Be patient instead and wait....

So poor people will have access to the world wide web, they will have the right to be online. It's not a bad idea but ... can you imagine a post on facebook saying:

Before making internet "a global right" there are major problems that must be solved.

Innovation certainly will always be present to follow the times, and I am sure there will be great discoveries like Bitcoin in the future, but Bitcoin is very difficult to replicate especially to be replaced because it has blockchain technology that is able to solve problems in everyday.

Bitcoin or any other cryptocurrency deserves to be treated as a payment system due to the words currency associated with it. However, most of us are treating it as a speculative instrument which is causing diversion of the fundamental principle of it. The role segregation is crucial when it comes to the user of the digital system. We must be able to identify the difference between digital and normal life.

This came out straight from a sci-fi novel, I presume? Jk, but yeah, it is highly unlikely that bitcoin would still be seen as an investment should everything in the future be digitized, as it will be more sensible to use bitcoin as a currency by then. Also, I generally don't agree to the sentiment of others who commented that the world wouldn't be as digitized as you envision it. Mind you, it's only 30 years since the advent of the internet and look at the changes that we have had by then. Even third-world countries will catch up, with the exception of course of their marginalized communities that will surely trail behind. It will begin on the financial system first, followed by most services next. It will be inevitable, and bitcoin will surely be a part of that digital future.

Agreed.The world is being digitized very quickly.In General, the world is moving faster and faster.Therefore, the use of bitcoin in any case will be ubiquitous.I think in the next 5-10 years, all of humanity will approach the technological singularity.And without Bitcoin is not enough.

Digital immortality is a possibility in the future, But life itself is not forever if ones stored his memory in a copy of himself this sure looks like him but not him as a whole, If we are defying what God had created us as a person that life is not forever in this world then this kind of idea is defying GOD's plan for us (in a bible senses of idea) But maybe we can use the idea of a digital self and we could use blockchain in storing our memory in a digital world the possibility is there but a human is not immortal cryptocurrency is.

cryptocurrency is never going to be universally used. but bitcoin might. and there is a big difference here.

as for speculation, it will continue for as long as bitcoin has a value. do you think US dollar is not being speculated and used for investment? it does and it is called Forex market!

I think the next one is the Ethereum althought the bitcoin is can also convert into Ethereum

After Bitcoin and other currencies, we will use Virie. It will be the new currency of the world. It will use a distributed exchange network. This network will allow the users to buy and sell currencies, commodities and services without the use of third-party services, exchange houses and similar mechanisms, which can take advantage of their position.

I believe that the world will be digitized.  But it will not happen overnight.  Remember development?  Though each country have their own pace on how fast or slow they will develop.  Third countries, or worst than third countries will cope up.  Communication is fast so knowledge distribution will also be fast.  And once cryptocurrencies become obsolete, that means the world is already in a far more advanced digital era.

We have seen a very fast changes in the last 20 years that have managed to be done by 100 years in the past or longer so we can expect to have it shorter by the next 10 years. And this would be very much applicable in the world's financial system as well. So the next bitcoin or any digital form of currency would be created in a speed. But the question is could it stay longer.

Wow I agree, finally someone who understands. Sure fiat also isn't stable, since usually goes devaluing it self over time because there is just too much of everything, but we still must not forget that bitcoin is some sort of a scam too. Maybe to me and to you that's not the case, but to someone who doesn't get it, or doesn't look into it, would not know, thus driven only greed and after that loss of money. And we must not forget, we are making those who are rich even richer. So grab as many bitcoins as you can when cheap and sell when mooning high...good luck

I think that btc is the best coin, which means much to traders because i have bought several coins when they cost cheap and now I hope to sell them at a good price to earn money

Bitcoin is the true valuable currency and it has no other competitors in the present time i think that bitcoin will change the activities of the world and world will be rely on it but now we have fiat so we can not judge the true picture of the bitcoin and crypto is very valuable for the businesses of future like artificial intelligence is the future businesses and in my opinion nothing will come after bitcoin which can take the place of bitcoin.

Bitcoin is certainly the future of digital currency in the world. I believe all that we are waiting for at the moment as stakeholders is the increase in the level of acceptance among the populace. There is no digital currency that can challenge the popularity of bitcoin in the world and this is a fact that everyone can attest to it.

I think this is something that we will not reach until the next 500 years at least, it's just a probable future like many that are about to happen, I think now we have more immediate and worrying problems to solve, (like global warming), so lets focus in right now and when we solve this we can focus on less urgent matters.

 :) :) :) :) :) :) :) :) :) :) :) :) Innovation certainly will always be present to follow the times, and I am sure there will be great discoveries like Bitcoin in the future, but Bitcoin is very difficult to replicate especially to be replaced because it has blockchain technology that is able to solve problems in everyday.  :) :) :) :) :) :) :) :) :) :) :)

What makes Bitcoin and cryptocurrencies more fun is the volatility, thus a loss today could give a good gain tomorrow is only patience is involved. Thus I don't ever thing the price of Bitcoin can be stabilise as that itself will ruined the beauty I see in Bitcoin.

The future is decentralized and that's where we are heading. Where every person has their wealth coded into their personal chips or retina and the only way to steal from you is to force you to give it up by torture or threats. This is the ultimate safe storage. No banks, only you being responsible for your things.
Banks were made because it was hard to carry gold and fiat money around, but what if the money weighed nothing and were invisible to the eye?

Even crypto currency was existed it doesnt mean it the world would be digitized because all government considered the poor people who have no capability to access online that is why those people including me who are in digital currency is lucky enough to have this currency which is bonus for our life.

I think that btc will remain the leader and it will never disappear from the market. to my mind, it is obvious because it has so many benefits! I think that it is better to use it as the main currency

This is sort of like saying, "When is the flea on the dog, going take ownership?"

BTC is $68B USD cap, US-DEBT is $600 Trillion in USD ( take cdo, and all debt forms, not just Fed-Res book, or US Treasury )

So BTC is so small compared to the dog, that he's actually smaller by proportion than the flea,

What matter's is when all this corporate 'back debt' takes on crypto for its books.

...

Regarding your question, Security & Privacy are missing form BTC, but the PTB don't want that, that's why the NSA/CIA pushes BTC hard, but its also why CHINA has diversified,

I suspect that given CHINA owns all crypto-space, that in TIME they will release the one true coin that rules them all, but china  also will not give the sheep a coin that provides privacy, or security.

Thus its up to the little people to make their own 'super bitcoin', but bear in mind this coin will never be the BIGGEST, just the BEST.

Let us all see what goes on in the future as we are only speculating but the am sure it will be hard to take over from it with the current and even the sign of future preference,

I think bitcoin is still bitcoin but as what technology change because it keeps on innovating. We can say that as time passes by it still have sustainable development.

In my opinion, as what the saying goes that "HISTORY REPEATS ITSELF" we know that bitcoin marks all through out the world. Maybe some countries has not yet adopting this kind of currency but as what high technology affects economy there would be a better future for bitcoin.

Bitcoin is still a bitcoin and will become a transaction tool, because until now there are no other transaction tools other than bitcoin and crypto, there is no description of after bitcoin. What is certain is that many coins want to shift the position of bitcoin and become a larger community.

as the industry matures the blockchain companies will shine. I feel like they will bring mainstream adoption at both a retail, regulatory and government level. I am just following projects supported by big institutional and traditional players as they are most likely to be "accepted" by the powers that be.

One thing is wrong in your opinion, I think the price of bitcoin will never be stable. Just like gold stocks or other assets, their prices always go up and down because that's what the rules are.

There are always ways to implement things once government legalized cryptocurrency. To digitized the world is unrealistic due to the fact that there are still things that technology cannot do. In case it will, I think the world in the future is more advance than we think today.

Over time as bitcoin goes mainstream there will be lower demand for banking services. Household bills will have the option of being paid in bitcoin and people will start to switch over

Of course there will be others created to resemble bitcoin in line with the times and great technological advances, will be adopted and used but it will not shift bitcoin to the second. Digital progress will not shift Fiat money that has been running and is determined by each country but this digital one will apply equally to the outstanding Fiat.

It is not the rules, it is like that because it is like that.

Investing and trading has no rules, you analyze the price charts, you make some investments and you wait. Bitcoin and other cryptocurrencies are like that and we should ve really patient in terms of the profit. The prices might be long before it goes up but patient is a virtue, good things happen for those who wait.

I wish I knew. It would be great and I would be famous like Satoshi. Clever people can change the available techs and method. You can ask what will come after Bitcoin to them.

At present, it is impossible to say exactly what will happen to cryptocurrencies, what development will lead us to. The cryptocurrency market is very unpredictable, and is still at the stage of distribution and development.

people's concern now is about the price of Bitcoin and currently still in recovery, we will not know what will happen with cryptocurrency in the future and market prices are difficult to for predict. but crypto scientists are sure that in the future Bitcoin will be increasingly favored by society and now we only need to follow the development and interesting news about Bitcoin.

all transactions will be easier after bitcoin spreads and is used throughout the world. flexibility in trade between countries will be easier with the existence of bitcoin and altcoin. we can control all financial transactions easily. and the security of our assets we can manage without involving other people.

Bitcoin is universal and can be used as a currency as well as a store of value. And the world is actually moving towards digitalization, I agree with you. While crypto is a phenomenon that facilitates this dizitalization greatly.

until at any time the existence and increase of the crypto market could not predict and most people guessed it was sometimes wrong. so developments until whenever difficult to guess.

Every people need something more efficient and cheaper transaction in the future , if we talk about payment method.
Same as investment platform, we have gold,diamond, ruby, etc and everything will keep evolve as long as it has the demand on it.
We are on digital era where anything can be done in single touch because internet change how people act for transaction purpose

If Crypto is widely available and widely used, Altcoins will have certain stability levels such as USDT that will apply in payments. The Crypto market is still a portfolio because things are still volatile because of the price it depends on and the trader, anyone does not control it so prices will not stabilize.

in my opinion, when bitcoin used on a global scale, BTC will always create volatility, BTC cannot be controlled, regulations also cannot control the volatility of BTC that is fast and high.

so, finally, in the future, we will always take profit of the volatility of BTC.

I don't think the price volatility of Bitcoin is what is attractive, but rather the rapid price growth that is the true beauty. Its profit making potential exceeds many other investments, but if people lose all trust of Btc and the price crashes, it is no longer beautiful.

what happened still did not know for me that I realized after bitcoin how to use bitcoin into a day to fulfill the present and future life

I am sure that btc will remain the leader for long. To my mind, btc is the best coin which will prove its competitiveness. I think that after btc we may have only smarter digital currency

The world of the future is an unknown place. We can only guess. Should our planet survive, there probably will be great times ahead. VR is making so many things possible. Scientific research has gone further than ever. Yes, cryptocurrency is a part of that. Whatever cryptocurrency will come out on top of the many crypto coins released. Bitcoin has the privilege of being first but it will not have infinite production. So the question, regarding cryptocurrency, as to what comes next is interesting. Cryptocurrency, like everything else is evolving. So we must see where the future leads. New crypto coins which can transfer around the globe like lightening have the best chance. User friendly interfaces which are accessible to people who don't have an aptitude for technology have a better chance of acceptance. Cryptocurrency should not be the area of the technically advanced. The financial revolution must take everyone along.

I have read the link you have posted but i have my personal opinion on this point. I think that after btc we will have another smart coin with even better benefits but this won't happen too soon

Your post is brilliant there is no doubt but I want to share my personal opinion mate. Though I am not much older in this digital world with my little experience I think nothing comes after bitcoin in fact bitcoin will remain in the crypto market no other coin can replace bitcoin. Some say next will be there Eth but I don't agree.

if technology continues to grow, within a few years after Bitcoin was successful, another innovation will emerge that is more perfect than bitcoin. it is possible that in the future we can buy and save only by using our watch, even a smartphone may be as small as a watch and can display a hologram screen. we just look forward to a future that is still a mystery, namely by making the success of bitcoin a public payment tool