‘I Don't Think Bitcoin Will Last Forever’: Edward Snowden!

[shamzblueworld]

NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. (Interview with Peter Van Valkenburgh of Coin Center,  Blockstack Berlin 2018)

How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!

So what will be the other option then? Private ledger? Will people actually find it easy to trust that one than the public ledger?
I agree with him the bitcoin will eventually be replaced but I don't think it will be due to this public ledger thing, because that is what is keeping it transparent and decentralized which is why people are actually using it.

[azhariejaya]

it means prediction in the future there will be a better replacement for blockchain technology, and bitcoin position will be replaced.
I don't know what kind of technology will replace the blockchain in the future because I thought blockchain technology is already very powerful and secure.

[darkangel11]

NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. (Interview with Peter Van Valkenburgh of Coin Center,  Blockstack Berlin 2018)

How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!

So what will be the other option then? Private ledger? Will people actually find it easy to trust that one than the public ledger?
I agree with him the bitcoin will eventually be replaced but I don't think it will be due to this public ledger thing, because that is what is keeping it transparent and decentralized which is why people are actually using it.

He probably is all about the agencies and their interference and since he brought the news about NSA monitoring transactions he is following this into: they will in time create a user database that will connect each coin to its former user and through that possibly to the new user (in case of a cash transaction). This is what they want. To track BTC - cash trades and stop deep web marketplaces. If you are able to track the previous holder of the coin, you can interrogate and intimidate him to tell what he bough and from whom.

[adolf512]

NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. (Interview with Peter Van Valkenburgh of Coin Center,  Blockstack Berlin 2018)

How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!

Personally, I do not think so, because the crypto-currencies with closed code and hidden transactions, the states will not accept under any circumstances, hence theon can not be generally accepted.

[franky1]

bitcoin will get surpassed when coinbase/bitpay offer its merchant shopping cart tools to a new coin thats easier to manage than bitcoin. then bitcoins utility and desirability will jump to the new coin

[catok broek]

NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. (Interview with Peter Van Valkenburgh of Coin Center,  Blockstack Berlin 2018)

How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!

in general saying, there is nothing lasts forever. but for how long ?!
it depends on how blockchain develop its self. this technology is now leading for this generation and still grows. still no sign that other technologies are going to take over it. I think that public attribute of blockchain gives safety for users by its anonymous feature. and also the decentralized feature on bitcoin is a big reason why people has enthusiast on using it.

[SNob2017]

mrSprinkles stop please spamming!

[daarul50]

I wonder why so many people assume that bitcoin will sink and be replaced by another crypto. Bitcoin is the first crypto to emerge in the world, its reputation is very good for long-term investing and until now bitcoin is still the parent for the determination of price movements from other coins so I think it is very difficult for other coins to replace bitcoin although the possibility is still possible at other times provided that the coin can offer more advantages than bitcoin.

[ldah94]

not everything is forever and bitcoin is not out of this saying. What I do believe is that the impact that btc has created in both technological and economic development has been incredible, so for me it is a currency that is still in full swing and that still has a way to go, as well as other altcoins that in these moments they are under the shadow of btc.

[ogini]

This is an old speculation it has been said several occasions that bitcoin will be swap to other coin but up till date we still have it as bitcoin,why not try other new speculations or innovate things that others can also speculate

[Just John]

Forever is a long time so nobody can be sure that bitcoin will be around forever but I do believe bitcoin will be around for a long time and I will be here along every step of the way for this journey.

[Zentor]

Yes, it could be, anonymous cryptocurrencies have their pros, but the main purpose of bitcoin is to be a digital gold, not necessary anonymous

[cryptoroi]

Many famous people see the future of bitcoin as replaceable and many do not. However, right now I cannot see any user friendly, trade volume and neat market potential currency like bitcoin in near future.

[BitChief]

Many famous people see the future of bitcoin as replaceable and many do not. However, right now I cannot see any user friendly, trade volume and neat market potential currency like bitcoin in near future.

I do tend to agree with his general point, that bitcoin could become redundant especially if it does not pay attention to fulfilling that privacy role. However, it is also important to consider that it would be fairly easy to implement some kind of second layer solution that ads privacy.

[w5pn73]

NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. (Interview with Peter Van Valkenburgh of Coin Center,  Blockstack Berlin 2018)

How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!

Edward Snowden also thinks zec is more anonymous than monero, he seems really noobish to me.

[1C6fV5DtakfKANLJ8GUV7hCaA]

There will certainly be a better version of the blockchain and Bitcoin in the near future. Things rapidly improve and change. So definitely there's something that will surpass Bitcoin in the next few or hundred years. Who knows?