Although Bitcoin in some countries may be taxable. This doesn't mean you cannot avoid it. You just need to find better ways of avoiding taxing.

Regardless, some countries need this as bitcoin is enough of a threat to damage a countries economy. Despite its size, bitcoin can make people rich and this can create fears in even large countries and governments economy systems.

The increasing explosion of investment and opportunity bitcoin holds for a mixture of business and natural related use is all around becoming a popular well accepted currency in the world. Also showing off its anonymous side allowing you to feel more safe and unregulated online.

Many also see it as an easy money making opportunity.

Regardless, bitcoin is going to survive for a while!

Well, this could be true, but at the same time think of it this way.

There's going to be a more and more limited amount of bitcoin. As this happens, the price will go up, as the supply will be too little for even if there was a little bit of demand and those who have bitcoin will be storing it, for example the miners, unless they just wanna sell.

Because of this, at the end of Bitcoins life cycle, everyone will want to sell to make profit, I mean, this could change but this is what I believe it will be.

And so, everyone will want to sell at this point. Causing the price to stammer since there is no demand, but only those who wish to sell. Nobody will end up buying.

Ending up with the biggest bitcoin price drop, ever, and permanent. However, beating this could be simply selling before the price hits its highest point.

But what could also happen is, bitcoin could get so rare it becomes worth so much, but the thing is, most people are using it as a get rich quick scheme.

And it's working, so, we'll see.



Regardless of what I said above, bitcoin is an amazing thing and it can be used to buy things, so, it's not like 'getting rich fast' is the only use of it.