Well according to little idea of my Bitcoin has been designed to be a decentralized and persistent store of value , it's the future is not guaranteed.
Bitcoin could exit indefinitely if:
1 The demand for Bitcoin remains, and people continue to use and accept it.
2 The decentralization network of computers verify transactions (node) continue to operate.
3. No significant technical or security flaws are discovered that could compromise the network.
However, there are also potential risks and uncertainties that could impact Bitcoins existence, such as:
1. Regulatory changes or bans in various countries.
2. Competition from other cryptocurrency or alternative technologies.
3. Security threats or 51% attacks on the network.
4. Loss of public interest or confidence.
It's important to note that the concept of "forever" is relative, and even if Bitcoin doesn't exist in its current form.
1.Bitcoin is designed to be peer-to-peer cash.So, money , cash in digital form. Money has changed forms over the centuries, but it constantly has three use cases: a medium of exchange, a store of value, and a unit of account.
Bitcoin is designed to protect us from the fraudulent fiat system. In the first block ever created, Bitcoin's creator left the message "Chancellor on brink of second bailout for banks." His idea was to create a fairer and better monetary system and a decentralized, deflationary money in digital form.During the financial crisis of 2008, central banks released enormous amounts of newly printed money to save the banks. The cost of this bailout was borne by ordinary people like you and me because our money and our savings lost value. It lost value because the money created out of thin air and given to the banks devalued our money earned through work. Releasing money into circulation in this way causes inflation, which we can most easily describe as a decrease in purchasing power. Everyone knows and feels that 100 euros today can buy much less than the same 100 euros could buy a year ago. This is inflation, or a hidden tax that we all pay together. But we pay it with money that we have to earn, while states and banks pay it with money they create as needed and in the amounts they require, just like the creators of shitcoins. This is the harsh reality of today's world.
2.All other cryptocurrencies are centralized and created to enrich their founders, and this can be called a scam. Other cryptos cannot be good money due to the lack of decentralization; they are more similar to fiat money.
A small group of people can print money for themselves whenever they want.Altcoins are more like the fiat system, private scam money.
3.A 51% attack on the network is possible but unlikely because the attacker would have to spend billions of dollars just to disrupt the Bitcoin network for a day or two. A 51% attack cannot destroy Bitcoin; it can only temporarily disrupt the network. You must understand game theory, which is important for the technical functioning of Bitcoin. The attacker would lose billions of dollars; it would be more profitable for them to mine Bitcoin instead.
4.Interest in Bitcoin will never decline on the contrary, people will increasingly discover and understand what Bitcoin is. As inflation of fiat money and hyperinflation of fiat currencies grow, the printing of fiat money will never stop. Bitcoin is the best form of money the world has ever seen. Hard money. If you observe the evolution of money throughout history, hard money always prevails because everyone wants hard money. Nobody wants to lose purchasing power and see their money devalue. If you hold dollars, you have 10% annual inflation, and other fiat currencies have much higher inflation. Eventually, everyone will own Bitcoin and will acquire it at the price they deserve.
