Will bitcoin disappear in the future?

[rickadone]

In the future, bitcoin may yet have another destiny. If a sovereign state were to issue its own digital currency based on blockchain technology, the situation would be complicated. Matthew Bishop, senior editor of the economist, said: "the biggest risk for digital money is that the government is likely to act to destroy alternative currencies other than fiat currencies." So should we worry about this?

If another state issues its own cryptocurrency it wouldn’t have anything to do with Bitcoin and won’t make Bitcoin to end or continue to stay (it won’t have any effect at all). But from what I’m seeing, even if Bitcoin doesn’t stay forever, it will at least stay for many years. I know the government is kicking against (not all governments) but that’s not going to be the reason for it to stop being available.

According to some professors of economics at Harvard, Bitcoin will eventually collapse through incriminating government regulations. yeah, we can only predict and stay alert because anything can happen.

Yes, anything may happen but by looking into the possibilities by considering the potentials of bitcoins, it would be very rare for the collapse of bitcoins due to government's regulations as bitcoin is basically out of reach of any government as bitcoin being an asset, it is a basic human right.

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[surbanaB]

hello friend, it's not as easy as saying that bitcoin will disappear in the future I think bitcoin has shown its greatness as a virtual currency that can make improvements by itself. I know with the current market situation will be many people who think pessimistic on bitcoin so they assume bitcoin will disappear. I think the bitcoin will not disappear because this is just the starting stage for bitcoin growth.

Yep, I definitely agree with your answer. As far as we know that bitcoin or cryptocurrency is created by computer technology, to speak frankly this technology plays an important role in our life,maybe we can’t live without it nowerday. Moreover, this advanced technology is still developing, that makes cryptocurrency be in the future. The number of people who is using bitcoin keep growing through its reputation. In addition, in some countries you can pay for something by bitcoin as you use fiat for paying. In short, it’s hard to predict whether bitcoin will disappear, but right now bitcoin still keeps growing well.

[Thanasis]

First of all regulations from the governments can't stop us from using the bitcoin since it is an decentralized technology.And introduction of crypto currencies for each and every country is also a stupid thing because we already have thousand of altcoins so we no need more crypto currencies.

[Cryptodetails]

A good rule to follow is never to invest more than what you would be willing to lose.

I know that the Financiers, who predict fast inflation of cue bottles, emphasize the too high volatility of the product . The price jumps by an average of 10%, and one day it can fall sharply down. In addition, some countries are afraid of the outflow of state capital, so they infringe and prohibit the exchange of trade in crypto currency.

[kolinko]

I think it will not disappear bitcoin in the future. because bitcoin is money for the future and a lot of benefits from bitcoin that can be used for our convenience. and I think in the future bitcoin will be very influential for the world

Nothing can last forever with time and bitcoin is the same but I am sure that future bitcoins can become the global currency of the world. If the bitcoin disappears, there will be other altcoins in place of it to maintain a stronger cryptocurrency market.

[BennyK]

In the future, bitcoin may yet have another destiny. If a sovereign state were to issue its own digital currency based on blockchain technology, the situation would be complicated. Matthew Bishop, senior editor of the economist, said: "the biggest risk for digital money is that the government is likely to act to destroy alternative currencies other than fiat currencies." So should we worry about this?

In real life, monetary forms can be changed, but the "rules of the game" are not reversible. In any era, as long as the "rules of the game" are in, even if there is a war, as long as the data is still in, any virtual currency can survive and pass on under this rule.


As a result, many prognosticators say that the current currency will be replaced entirely by digital money in the near future. However, to become an international currency, digital currency needs to meet a necessary condition, which is the stability of monetary value.


From the national level, the digital currency is a long-term process, the user panic, while prove itself in the prototype stage, again shows the importance of relevant laws and regulations and industry since the flooding. Until a key directive is introduced, the digital currency can only be stuck in the 3.0 era.

There is no point in panicking. Cryptocurrency and Bitcoin is about to meet a new revolution where countries and institutions such as schools, hospitals, banks etc in our societies will create their own cryptocurrencies. As it stands now, almost all the G20 countries accepts bitcoin with the exception of China which still holds it as illegal. With time, Bitcoin will hit a global patronage.

[Fuhre]

lost or not its bitcoin in the future no one knows. not necessarily also with the existence of a new currency in the government will remove bitcoin. in my opinion bitcoin will remain in the future, even though the government issues a new currency. most of it will be bitcoin rivals.

[serjent05]

lost or not its bitcoin in the future no one knows. not necessarily also with the existence of a new currency in the government will remove bitcoin. in my opinion bitcoin will remain in the future, even though the government issues a new currency. most of it will be bitcoin rivals.

Bitcoin is design to be mined for more than a century, by then all the reward will come from the transaction made in bitcoin blockchain. I guess Bitcoin is designed to last but whether it will stay or not still depends on the demands and adoption of people.  It is really hard to tell what will happen in the future because no one knows.

[bhadz]

I think it will not disappear bitcoin in the future.

We don't hold the future but we all have the same believe that bitcoin isn't going to be gone so easy.

because bitcoin is money for the future and a lot of benefits from bitcoin that can be used for our convenience. and I think in the future bitcoin will be very influential for the world

Bitcoin's the future and we all knew about it but technology is changing. There might be some new type of currency that will come but bitcoin is here to stay and when that moment comes then we can still get along with bitcoin but it's going to be an investment.

[Fuhre]

lost or not its bitcoin in the future no one knows. not necessarily also with the existence of a new currency in the government will remove bitcoin. in my opinion bitcoin will remain in the future, even though the government issues a new currency. most of it will be bitcoin rivals.

Bitcoin is design to be mined for more than a century, by then all the reward will come from the transaction made in bitcoin blockchain. I guess Bitcoin is designed to last but whether it will stay or not still depends on the demands and adoption of people.  It is really hard to tell what will happen in the future because no one knows.

there are some of the most powerful reasons, which make bitcoin disappear.
first, the death of internet network around the world.
second, people stop mining bitcoin.
thirdly, if both of these things happen there will likely be no such forum anymore.

as I said, missing or not its bitcoin in the future it depends now and it's just a matter of time to answer it all.

[batang_bitcoin]

lost or not its bitcoin in the future no one knows. not necessarily also with the existence of a new currency in the government will remove bitcoin. in my opinion bitcoin will remain in the future, even though the government issues a new currency. most of it will be bitcoin rivals.

The governments from different countries now are aware about bitcoin and I doubt it that they will remove it. They know now the pros and cons of it so some are free to stop and remove it from their country and prohibit the usage of it. We are comparing bitcoin to gold as the modern digital gold and gold has been existing until today and the same can happen to bitcoin and will remain.

[Adreman23]

bitcoin die if all the countries all over the world will ban bitcoin  and we all know that this will never be  gonna happen. If only one country left that support bitcoin, still bitcoin continue to exist no matter what is the price they continue using it.

[el kaka22]

Well what I know is that we can't predict the future though many have already taken a wild guess. Whether bitcoin will survive the future or not is the answer is can't give currently but what I know is that the technology behind it which is blockchain will keep evolving. Bitcoin is just a currency on top of blockchain but the technology use us what marvels me. Based on the current hype surrounding it, I think blockchain will evolve and keep evolving in the future. Government will try but won't succeed.

Even if we cannot predict the future, I am certain of one thing; it all balls down to the community as a whole. The government may have some say with regulations but that would be all it is to the whole thing. Bitcoin is not just a currency, it is a legacy and one that has been used hugely and being adopted gradually for large scale.

A lot of people are already seeing the value decentralization brings, and even though during the G20 summit, it was not classified as a threat, but I am sure it is a big one as people start realizing how shitty the fiat system is. That day is not far away as per we are seeing how fast cryptocurrencies are getting familiar among common people.

Bitcoin will not disappear for sure unless otherwise this planet is safe against natural calamities and biological/atomic weapons. If you think that I am kidding then we must say at least internet and power supply must stay alive so that we can keep bitcoin to stay with us all the times.

[Alex9813]

I think yes it possible because bitcoin is not welcomed by worldwide until now.So bitcoin is not cared by so many people.That's why it's possible that bitcoin may die in future.Bitcoin has passed a long time with success, and I hope it continue do it's magic.

[Tactical Genius]

Let's face reality,of course Bitcoin can become a thing of the past if major companies or even countries start issuing their own cryptocurrencies.Obviously if that happens and has less of the issues associated with Bitcoin,then of course people will rush for that and Bitcoin will lose its value and eventually die out.So for now that doesn't look possible but with time it is likely.

[great0ne]

Im disagree because if look at example Telegram they build on ERC not suitable also no scale. Bitcoin is best coin for  reason and reason will no go away.

[tawfiquecse]

Nothing is impossible in crypto market.. Yes it could be disappear in future . But its not so easy to disappear.. Because now in world there are majority people are using bitcoins for their income source . And they are loving it because of its digital transaction system and other good facility .. And govt and people has no control to stop bitcoin .

[Whosdaddy]

A good rule to follow is never to invest more than what you would be willing to lose.

Yes, we are all here and we do not know the future, but the thing is that with the way things are going, I really do not see how the OP's painting can come into reality even in the long run.

I believe this system would have gotten even more established with some regulations by then, that the last thing the government will be thinking of is to drop out decentralized currencies because of their own use of the blockchain. Blockchain technology will help build their own form of centralized currency and things would still be just the way they are.

[Ismat Morshed]

There are some of the most powerful reasons, which make bitcoin disappear.First, the death of internet network around the world.Second,bitcoin die if all the countries all over the world will ban bitcoin. And we all know that this will never be  gonna happen.

[robynmario]

We can not demand perfection from bitcoin. It will be a long story in the future. if there are no adjustments from bitcoin. I think it will survive and grow with the widespread popularity of the world community. Or if that happens, bitcoin has become the most successful currency.