Who can destroy Bitcoin ?

[sidebyside]

There are many people who are battling with bitcoin and causing bad bitcoin. That makes people feel more anxious when using bitcoin. I am concerned that the hacker can enter the wep page of the bitcon and destroy it.

[1715468853]

1715468853

[1715468853]

1715468853

[1715468853]

1715468853

[javalemcgee]

Until now no one can beat bitcoin, but if we talk in general only ETH has the potential to beat bitcoin, but I think for now ETH can not beat it.
But soon the possibility of ETH will be ranked 1

Typically people control bitcoin, in terms of stock movement and the flow of bitcoin price. I do believe that before bitcoin experience development it first need to have development and growth in terms of people support becasue the liability or its program that it offers to prove also depends on wants and needs of people in terms of transactions.

No relation to development and other things you said.

Bitcoin's nature is amazing and it provides all the people Access to this blockchain technology. Blockchain is now being tested by big companies. If this is damaged by them, the rest of bitcoin will not survive.

[engrlodi]

The possible can destroy the bitcoin is our government. One case government in other countries ban bitcoin because of something bad background but i dont know yet. In other digital cryptocurrency, ETH can destroy BTC but it is impossible to beat BTC. As of now bitcoin is strong and has a great foundation to the marketing and business industry.

[Blondy12]

bitcoins keep the stability as of the moment because the government are still not mind the treath of bitcoin to fiat system. but in time that the government will be treathen since government is in control on fiat it might be the end of bitcoins. hopefully this will not be happening.

[Perseusallen]

in my knowledge I think who can destroy bitcoin is Government. cause the government is the only one who can control this currency. it will be affect bitcoin  so hard. government can freely handle bitcoin cause no one owns it. nowadays bitcoin has reach its highest value so what would you expect to that. bitcoin has so popular so government will have interest with it. thats all

[Raju Ahammed]

In my opinion any one can't destroy bitcoin anymore. if any global enternet shatdown will process then it will be posible.but it not posible.thank you.

[warawolf19]

I think no one can destroy bitcoin except government. nowadays government will sure notice bitcoin because bitcoin price has reach its highest value. so bitcoin has been easily popular. so how government can destroy bitcoin.  simple because they can control bitcoin cause no one claims that he or she owns it right. then in the other side bitcoin has so popular so they cant touch it anymore.

[asdnguyenasd]

I think nothing can destroy bitcoin: D. If yes then eth or bch is capable of beat bitcoin but its ability is very low

[loof99]

Just like the great Heraclitus said (Greek Philosopher) “Change is the only constant in life” from this as the year goes by many changes that happens, and also everything in this world can easily disappear in just blink of an eye. The main weakness of every business in this world is slowly losing their life blood. Like bitcoin, the demand of customers is the main life blood of the system. In order to survive they tend to become flexible to meet every customer’s satisfaction. Through this meeting the demand gives them additional lifespan to survive. When the customers gone, the existence of business will also gone. As long as all operation are in accordance of the law and their continuous operation gives them a positive outcome. Bitcoin is indestructible from its journey.

[Blue Bell]

Earnings on bitcoin are becoming more popular, with every day more and more crypto currency appears on the market, it is necessary to be very vigilant and to choose for yourself an investment wisely.

The same people that is mainly affected by Bitcoin could destroy it. I'm talking about the banks and the powerful nation that the bitcoin was designed to counter. As of now, they will start to feel the effect of bitcoin on their economy and on the flow of their money then they will start to conspire against bitcoin. But I think the people will support bitcoin and they will fail miserably if they try to destroy bitcoin. This era is revolutionary because power will be distributed to many instead of being horded by a few.

Well I don’t think so any one can destroyed bitcoin because bitcoin is one of the stable currency in world and it faced a lot of challenges in past and now its use to with all challenges and now bitcoin how to play against them so no need to worry about thing that someone can destroyed bitcoin it will be survive for ever.

[saeron-ssi]

Power down all over the world lol

[nick_nick]

I think it's hard to get rid of bitcoin, maybe it's not as easy as that, maybe by the way the loss of the internet network in this world bitcoin can disappear, or also by closing all the market markets that exist all over the world.

Thumps up for that, it would be absolutely preposterous to think of destroying Bitcoin. Until internet is shutdown and completely inaccessible in the whole world to prevent trading in Bitcoin; it would continue to exist

[AriannaSantosUU]

Well, if there are no miners of bitcoins anymore, which is unlikely for now, you will actually destroy the value of currency. Even if it is still have worth, you won't be able to exchange it, so it is like destroying it.

[onifla]

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

i think none because there are so many bitcoin if the bitcoin destroy what will happen to the people or the bitcoin user . and
Bitcoin's nature is amazing and it provides all the people Access to this blockchain technology. Blockchain is now being tested by big companies. If this is damaged by them, the rest of bitcoin will not survive

[peterch1]

Someday, maybe, will be created new crypto with simply new mechanics.
For now there are only few alts, like eth, that can compete with bitcoin in future

[South Park]

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Not even governments have the power to destroy it and they know it, they can minimize its usage among the population but as long as the reason for bitcoin to exist are there people are still going to use bitcoin so the only way I see bitcoin being destroyed are, a better coin, a natural disaster that destroys almost all life on earth or quantum computers.

[MancyZz]

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

there is no demand bitcoin and there is no one mining of bitcoin and there is no one use bitcoin. it can make bitcoin destroy
but like impossible now bitcoin so interest because increase high price years to years, now and future

[South Park]

bitcoin is growing  so fast but who can destroy it. I think the one who can destroy bitcoin is the GOVERNMENT. why ? because government can tamper bitcoin easily because no one owns bitcoin so the had a free will to do something to it. they can dump its value. nowadays bitcoin are very popular you know. so government had something to do with it. and that will destroy bitcoin crytocurrency.

And if it is that easy why they have not destroyed bitcoin already? If they are so worried that bitcoin is used by criminals around the world then I suppose they must want to destroy it before bitcoin becomes too big, so right now is the perfect opportunity to destroy it and yet bitcoin is still here that tells me you are overestimating the power of governments.

[trauchot]

Well, I think if hackers will hack bitcoin and they will steal all money, but for 9 years working I haven`t heared something similar. There is another option if all investors will withdraw their money, then bitcoin at least will fall to the bottom. Also if countries which have recognized bitcoin legal will start blocking bitcoin, then this option is also possible.

[NikolayRaev]

If no one mines bitcoins anymore, nobody can exchange them. Miners basically get a commission because they use their processing power to process transacrions between bitcoin wallets. So, if no one is mining anymore, which is unlikely for now, you will actually destroy the currency. Even if it is still worth something, you won't be able to exchange it, so it is like destroying it

Here are also some scenarios - although unlikely, still theoretically possible:

1-You break the cryptography behind the Proof of Work algorithm. It’s a mathematically sound approach, as it’s mathematically possible but just very, very, very hard.In simple terms: You can fake the complete chain if you manage to re-create a new chain which is longer than the real chain , which is completely sound to all the mathematical constraints for blocks and transactions, in the time it takes the other miners to create the next valid block. Potentially possible, for example if you build a quantom computer in your garage and work out an algorithm which is able to do that.

2-A massive restriction on global scale: Governments all over the world restrict the contact points with regular money and make it very, very hard to exchange Bitcoins. Which would make it useless for transactions outside the network.