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Author Topic: Death of Bitcoin  (Read 1154 times)
sukoon (OP)
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October 19, 2017, 09:09:10 AM
 #1

bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?
1NV3ST0NM3
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October 19, 2017, 09:16:31 AM
 #2

Do you think there are only a bunch of core developers? There are hundreds or may be thousands of developers all around the world maintaing bitcoin. I dont think any apocalypse is near which would vanish all such developers.
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October 19, 2017, 09:24:47 AM
 #3

This seems unlikely...even if the original core developers stopped doing anything with bitcoin others would take their place simply due to bitcoin's popularity and the availability of the source code. Even if the bitcoin popularity and development declined significantly it would not really die because the blockchain and ability to make transactions would still be there as long as we have the Internet. The only thing that would happen in such a case is that there would be fewer transactions taking place and the value of each BTC may decrease as demand decreases.
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October 19, 2017, 09:28:36 AM
 #4

Obviously bitcoin will continue to innovate, they will also continue to learn and develop existing technology with better course. I myself do not want Bitcoin lost in the progress of time, Bitcoin must continue to exist even though I no longer exist in this world.
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October 19, 2017, 09:29:13 AM
 #5

You can not kill an IDEA. Even though how much take over attempts there will be on any attack vectors, the message was already reverberated throughout its existence. People learned. If it will perish, we will remake bitcoin if we have too.

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October 19, 2017, 09:30:26 AM
 #6

Bitcoin will only die if no one use it, developers will just maintain the software or the system. And Bitcoin will die a natural death if the developers no longer exist?. As if the technology no longer exists then developers should too. As long people can connect to the internet, use bitcoin in some many ways, huge companies use it too, and developers doesn't die, every year a new developer born, lol.

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October 19, 2017, 09:32:41 AM
 #7

bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?

Yes, many open source projects end because of lack of development, this usually happens in small projects with 1 or 2 developers.

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dadabosade
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October 19, 2017, 09:38:00 AM
 #8

bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?

You should read about Bitcoin on Wikipedia. Bitcoin ecosystem is like an open source so many computers can access to it to make changes. There are thousands of devs out there working on it. I don't think that is where its death comes from
lighpulsar07
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October 19, 2017, 10:20:10 AM
 #9

bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?
Well if bitcoin wasn't maintained by core developers. the bitcoin network will die even if there are users of bitcoin they need to maintain the server of the bitcoin network in order to us to keep connected to the network. and also if the devs stop upgrading the system which always do, the system will be breachable by hackers, and insert a virus or a code that can make serious problems. so, bitcoin will die without the devs maintaining it.
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October 19, 2017, 10:23:37 AM
 #10

No death of bitcoin! Simple tool for trading and manipulation will rise up more, and is changing the world to huge abyss between honesty and great fraud with the way to the first one...
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October 19, 2017, 11:00:45 AM
 #11

bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?

I bitcoin ever dies, and I don't think it will, it won't definitely be from that cause. Bitcoin is open source, you can see the code on GitHub, and there are many devs working on it. If I'm not mistaken bitcoin is developed though Bitcoin Improvement Proposals (BIPs). These proposals are public and need to be approved. This is how bitcoin gets developed, so there are many devs behind it, and they can't all die.

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crairezx20
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October 19, 2017, 11:10:00 AM
 #12

I think bitcoin will never die it is not in developers if developers are gone or if they are not upgrading it i think they will stay and adding more developers since bitcoin is growing and i think in the future we will see more people will use bitcoin that can increase the population of use of bitcoin..
And developers for bitcoin will stay growing.

Why honestly you wanted bitcoin to die? since bitcoin was already help a lot of people to have freedom when using bitcoin compare using the service of paypal and bitcoin has a great future and i think it will alive as long as people using it..
jerlen17
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October 19, 2017, 11:14:18 AM
 #13

As bitcoin is popular to many country, I don't think so it is going to end, as a matter of fact, bitcoin gives a big help to all of us here, we can have a profit out of bitcoin and sometime does trade it. so i think bitcoin will last forever.
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October 19, 2017, 11:17:27 AM
 #14

bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?

I think bitcoin has enough developers and more to keep it up and even if some leave there would always be someone to take its place. Also bitcoin has enough power that even it is failing then it would also be enough to enamor othe developers and keep it standing
sindikat
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October 19, 2017, 11:22:38 AM
 #15

I do not believe that a successful project can leave all the developers and miners. They can bluff, you can try to run parallel to their projects but to completely abandon a steadily growing income is impossible. Bitcoin really needs constant improvement. I hope it will never end and bitcoin will always be competitive.
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October 19, 2017, 11:46:10 AM
 #16

Even if they all stop working on it which i doubt. Bitcoin is so profitable that there will be always people to work on it.
Bitcoin won't die and never will
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October 19, 2017, 11:51:07 AM
 #17

there many developers in the world that maintain bitcoin. and if ever all these developers will disappear, we probably are gone too. the only reason bitcoin will die is if internet and electricity and turned off permanently. most likely it will not happen.

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October 19, 2017, 11:52:57 AM
 #18

bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?

As what other people says, there are a lots of supporters and developers of bitcoin which is impossible to abandon the project. we cant see them abandon it at the same time so if 1 developers quit for his job then there's a lot more and also more aspirants to be one of the developer of bitcoin.
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October 19, 2017, 11:57:39 AM
 #19

bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?

bitcoin is not a physical machine to age as it works and need "maintaining"! it can continue to work as it is for may years without any issues. all the things you see are "additions" and although they have helped bitcoin's future but none of them were necessary for its survival.

besides, did you think there are only a handful of programmers in the world?

oh, and by the way stop centralizing bitcoin

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October 19, 2017, 12:03:20 PM
 #20

I think bitcoin never dies because bitcoin has helped a lot in the economic change of people in every country and bitcoin will also increase over time so I'm sure bitcoin will be a future that can be accepted in every country just waiting for the technology they design and can accept bitcoin as the official currency they consider to be the currency in their country

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