Is Bitcoin designed to last forever?

[Shady]

As Bitcoin increases in value denominations multiply so that's one way it can last longer.

Overall it's typical that future actions by researchers / analysts would boost the performance + longevity altogether.

In all honesty it was built with the foundations which will exceed time itself so there will always be a way for BTC to last long enough, if not forever.

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[digaran2]

I am sure it is designed to last forever. but we don't know can it last forever yet.
It is all depends in the users performances and how they will react in Bitcoin and how long they will support it.

[requester]

Yes bitcoin will last as long as we want it and hackers keep the system safe. Otherwise bitcoin will last as long as human being exists. Because there is no deadline set by Satoshi. As long as bitcoin network exists we we'll have bitcoin but if  all miners stop their system and if it happen then we should give bye bye to bitcoin. Well we have 740+ could so we could afopt those other coins

[requester]

Yes bitcoin will last as long as we want it and hackers keep the system safe. Otherwise bitcoin will last as long as human being exists. Because there is no deadline set by Satoshi. As long as bitcoin network exists we we'll have bitcoin but if  all miners stop their system and if it happen then we should give bye bye to bitcoin. Well we have 740+ could so we could afopt those other coins

[serjent05]

Yes bitcoin will last as long as we want it and hackers keep the system safe. Otherwise bitcoin will last as long as human being exists. Because there is no deadline set by Satoshi. As long as bitcoin network exists we we'll have bitcoin but if  all miners stop their system and if it happen then we should give bye bye to bitcoin. Well we have 740+ could so we could afopt those other coins

I wonder ho can a hacker keep the system safe?  Anyway  I think bitcoin is designed to last forever.  It is a digital stuff that can be redesigned, upgraded or developed according to the needs of the current situation.  In short as long as people are supporting its economy and development bitcoin will never die.

[krishna1]

if anyhow we can solve the total coin limit problem then this will be our second problem and i think bitcoin has every needed quality and features anyone needed to run a servic or a buisness bitcoin is just like the handy money just it is not physical its vertual but a lot more effective than faint money

[el kaka22]

I don't have a clue if it is forever or not, nothing lasts forever. Lol. On a serious note, I hope that it will stay long because it can be very useful in the next generations.

as we cannot think about the world without fiat currency, so a time will come when we will totally depend on crypto currency and hope that bitcoin will on top and ever one will be using bitcoin as their first priority.

Hopefully there might come a time like that, however I personally think that's a long time away and I would personally prefer to always have some cash available instead of completely relying on a digital system that could have things go wrong with it. How that would work, I have no idea.

I agree, there are some practical problem with electronic format currencies compared to faits. Fiats are always ready to use whereas electronic currencies are basically requires internet connectivity.

But, I strongly believe there would be many enhancement projects that will ease the complications of using electronic currencies. One of the solution right now we are having is bitcoin debit cards to use wherever we want at an instant.

Bitcoin to last forever, there are many possibilities and lot of supporting things are keeping on happening.

[outatime1]

I assume the thinking is that it could last for ever or at least for a very long time. The problem I see (other than running out of coins to mine) is that there are coins that have been lost and can't be recovered. And there will contiunue to be more coins lost. At some point, there will be more lost addresses than in usable addresses.

[BitcoinPC]

Yes, i think that bitcoin is designed for forever. Now in this time, i feel no time to end for bitcoin, because in everyday bitcoin is going up and also we like it because bitcoin is good for all of us, and when bitcoin born and now in this time bitcoin never let us down, So all is well about bitcoin that's why i wish the day will never come when bitcoin die.

[Selly Arumsari]

I've been thinking about it since last night and I couldn't find an answer to myself.
I know that there's a 21 million block cap and we wouldn't actually be here to see that time it comes to that point.
But assuming that we have reached reward era 34, what happens then? Miners wouldn't have any rewards from mining then.

Anyone care to help explain a few things for me?

i think no if bitcoin keep stable, but if bitcoin can follow current development may be can forever..

[wuvdoll]

To last forever as a successful currency, bitcoin always needs some demand from citizens of this world.
Based on speculating the future electronic commerce, we are able to predict the future of bitcoin and its survival. 90% of future transactions will be done through internet, the fast growing of mobile transaction is a very good example for this. I too believe there will not be any problem for bitcoin to last forever.

Yes, digitalization and need of electronic payment system are emerging everywhere, so the demand for bitcoin system is keep on raising.

When there will be need of electronic payments for our daily life and usage, we never need to worry about the existence of bitcoin system as it will be surviving with its applications. Bitcoin has many advantages to suit almost every people of this world, so bitcoin will be used always by us for our daily life.

When the system is keep on being used, we can assume it will last forever. Only not being used systems may go absolute. Bitcoin is gaining more popularity daily with its fluctuating prices and as convenient payment option. Bitcoin will definitely last for ever.

[croutonhexagon]

Yes it will last as long as we human want to use it. I is not installed and managed from one computer but juts distributed over all the computer that are connected to the bitcoin network so if one system fails then other will take the task to next level and if all the system fails or shut down simultaneously then only bitcoin will die.

[x4]

I've been thinking about it since last night and I couldn't find an answer to myself.
I know that there's a 21 million block cap and we wouldn't actually be here to see that time it comes to that point.
But assuming that we have reached reward era 34, what happens then? Miners wouldn't have any rewards from mining then.

Anyone care to help explain a few things for me?

There's no right answer of that question because bitcoin will only depends its user or to those people who use bitcoin. If people continue using it then developerswill continue developing it and to make it much better and to improve it.  But if people stop using it then bitcoin will be vanished.

[DrGuns4Hands]

I've been thinking about it since last night and I couldn't find an answer to myself.
I know that there's a 21 million block cap and we wouldn't actually be here to see that time it comes to that point.
But assuming that we have reached reward era 34, what happens then? Miners wouldn't have any rewards from mining then.

Anyone care to help explain a few things for me?

There's no right answer of that question because bitcoin will only depends its user or to those people who use bitcoin. If people continue using it then developerswill continue developing it and to make it much better and to improve it.  But if people stop using it then bitcoin will be vanished.

Yeah! you are right! If no one is using it! then it will be gone! The thing is all the stuff in the world if no one using it then it will be gone or it will be useless and no one will use it but if the demand of it is still high then lot of people effort to make it nice and more effective and effort not to kill it.

[Colt22]

The planning for bitcoin was a great one the inventor decided to introduce another currency which will be used for internet transactions and now we are looking that the use of bitcoin is even in some offline uses and people are shifting their businesses to digital world for starting this coin so from it we can see that it is more stronger.

[Cresciuanto]

Yes, i think that bitcoin is designed for forever. Now in this time, i feel no time to end for bitcoin, because in everyday bitcoin is going up and also we like it because bitcoin is good for all of us, and when bitcoin born and now in this time bitcoin never let us down, So all is well about bitcoin that's why i wish the day will never come when bitcoin die.

yes it can last for ever, but i i think it also depend on the people interest, if the people interest in bitcoin is increasing then they will give preference to it and will use it and the second is that it also depend on the interested of the government, if government allow it as a currency to be use in their state then people will get confidence and will practice it and bitcoin will survive.

[BeGoods]

No. But it can become the world's history. If something good will happen that every people will know about it and somehow use it then it can create a worldwide mark. But we dont know if that can happen.

yeah I agree with you that might someday bitcoin will die and may be replaced by a currency or other crypto but maybe cryptocurrency may also be dead, no one will know the reason, but I'm sure bitcoin will not last forever dude. everything has its time, and if those days are finished of course, it will die

[nara1892]

I think bitcoin was designed to be used in a long term, but not for last forever because nothing is immortal in this world anyway.

well I don't even know what satoshi thought when he created this thing, but there are many possibilities we don't know to happen in the next few years.

[delliaerd]

No. But it can become the world's history. If something good will happen that every people will know about it and somehow use it then it can create a worldwide mark. But we dont know if that can happen.

yeah I agree with you that might someday bitcoin will die and may be replaced by a currency or other crypto but maybe cryptocurrency may also be dead, no one will know the reason, but I'm sure bitcoin will not last forever dude. everything has its time, and if those days are finished of course, it will die

I am not agree with you, just think by your logic, People interested with altcoin becouse they was know about bitcoin first. also they still thrust to altcoin becouse they know that there is the first of crypto currency is still life and usefull. just think if bitcoin is die, people who know this news will begin to not thrust with any cryptocurrency. Don't you Understant that bitcoin is like father of all of altcoin. I realy Sure that bitcoin is not just being a history but it will uses forever. becouse we are always keep moving forward and bitcoin is the future.

[Oilacris]

I think bitcoin was designed to be used in a long term, but not for last forever because nothing is immortal in this world anyway.

well I don't even know what satoshi thought when he created this thing, but there are many possibilities we don't know to happen in the next few years.

I strongly agree with  you  nothing  in this   world  designed  to  last  forever  but  for   bitcoin i could say that  it was created  to  last  long for  more  years  because  people do  tend to  use and adopt  it  and we could really say that  it  would  stay   on longer  years. As  you mentioned we  really dont  know  on  what  is  on the mind  of its  creator Satoshi and  its  devs  but  one things  for sure, bitcoin is  very  valuable for us not  only  on  earning  opportunities but also to the  benefits that  it gives.