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Author Topic: What do you think will happen to Bitcoin in 100 years?  (Read 1567 times)
sheenshane
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July 06, 2021, 04:23:30 PM
 #21

It seems too hard to predict in that long, it could be after 100 years Bitcoin will still exist but it's too expensive to accumulate if we use the word satoshi (sats) per transaction, that year we might commonly hear milli-satoshis the smallest fraction of satoshi which is in there's 1,000 milli-satoshi in 1 sat, this also a native unit of the Lightning Network.

There are too many possible things that will happen after that year, Bitcoin has now 11 years of existent and we saw a lot of improvement on it.  It could be there's no Bitcoin to hold or Bitcoin mining will stop after 21 million supply has been mined.  But don't think so much because for sure at that year we didn't exist.  Just be it and think about how you can accumulate more instead.

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July 06, 2021, 04:28:19 PM
 #22

We store Bitcoin today,
Some of us prefer to use it like a normal currency [I do know it has its own challenges].

not just for ourselves, but for our children and grandchildren.
I like your mindset but personally, I prefer to use a traditional approach instead.

We can give away the bitcoins we acquired today to our descendants as their wealth forever.
The highlighted word heavily depends on how they'd manage it [it could turn into dust if they're not careful enough].

What do you think of Bitcoin 100 years later?
I have a strong feeling that there'll be a significant reduction in regards to its volatile nature.

Do you think Bitcoin will die in 100 years?
It has died "422" times so far but for some reason, it keeps coming back to life Wink
- On a serious note, I don't think it'll ever die but it'll surely evolve in some ways.

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July 06, 2021, 05:38:01 PM
 #23

There can be some theories about bitcoin in the next 100 years. Since bitcoin technology and any should be adopted by the time or die I expect bitcoin to be adopted in next years and I believe that's what happens right now. The other theory for bitcoin can be seeing bitcoin to become super rare and due to the several halvings the miners will not earn that many bitcoins and the low amount of supply can make the price super high, maybe someone who owns even one single bitcoin will be a millioneir, here I beliabe in the second theory myself.

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July 06, 2021, 06:14:02 PM
 #24

I think in those 100 years there are two situations possible, one is that it may be adopted by most of the people in the world or even it will be useless, so that's depend on the present that what are the consequences of people and how they react to it. But it is not in between both the situations. It may be either useless or reach its peak.

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July 06, 2021, 07:39:35 PM
 #25

if all exchanges use bitcoin maybe the value of bitcoin will increase but it will stabilize the movement of the value of bitcoin, because many people have used it for purchases in the exchange of materials for their daily life.

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July 06, 2021, 08:17:47 PM
 #26


IThat's my point. What do you think of Bitcoin 100 years later? Do you think Bitcoin will die in 100 years?
There's only 2 possible thing that could happen in 100 years later neither bitcoin had already become mainstream or bitcoin was simply been replaced and died on that time.

You cant really tell on what would be the future since no human being does have the ability to tell precisely on things that will happen ahead and even just predicting the weather on tomorrows time doesnt give out 100%
precision.

How much more on 100 years? Basing on what Bitcoin had achieved on a decade then we can say that it is likely that it would even more progress in the future.

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July 06, 2021, 08:35:35 PM
 #27

I do not think Bitcoin will even be relevant in 100 years as with any currency in the world it has evolved to the next step. The dollar is probably one of the exceptions but many other currencies have changed name in their countries history. Bitcoin will probably be the one that started it all but there will probably be a altcoin which expands on the issues that Bitcoin has and solves them. Bitcoin is far from perfect and has some real big issues in the next 10 years which need to be solved before the deadline is reached.

I think the size of the Blockchain could become an issue in the future too and that has yet to be solved unless you think that relying on storage becoming cheaper and bigger in the future as a solution which I do not.
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July 06, 2021, 09:02:20 PM
 #28

It is hard to tell what will happen during that period even though this not quite easy, if btc is still present at that time  I believe btc will remain the number one coin and will be extremely valuable by then, except someone was able to created a coin who can compete with btc by then, 100 years from now is such a long period of time, @op it is better you concerned yourself more with the immediate future.

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July 06, 2021, 10:17:32 PM
 #29

1 century, that's quite a long time, even those of us who are in this era may not necessarily be there at that time. why mess with something that we can't even possibly feel. assuming too much is also not too important, it is better to focus at this time by studying the cryptocurrency ecosystem more so that you can make the most of it.

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July 06, 2021, 10:45:01 PM
 #30

Why is this so? Because we did not see the long-term value of Bitcoin, but lost our chip because of fear in the 24-hour violent price fluctuation of Bitcoin.
We? Who are "we"?

Actually, I personally will not think about 100 years later of Bitcoin's future.
Bitcoin is not only about this day and tomorrow volatility prices.
Bitcoin may also not have any "real thing" to be seen, the only digit, and also it's behind the technology.
But, why we do believe in Bitcoin?
Aside it will still exist or not, we cannot predict the future because we never go to the future.
But why do I personally believ in the future?
This is because of the belief itself.
I will predict and invest in every 5 years mostly and take profits. Whether it still exists or not after 5 years, this is my risk that I will take and I can afford it.
I believe that in the future, there may be another technology that is very advanced, probably. But, no one can also guarantee that Bitcoin is also ended at that moment. So why don't we cfocus on several years later that we can be still there and may experince?

R


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July 06, 2021, 11:27:33 PM
 #31

Lots of things can possible to make happen in a span of 100 years. We can never tell if Bitcoin will still be existing by that time because what we just knew for sure is that most of us in here are all dead by that time and what will just experience and witness whatever will happen in 100 years from now will be the next generations of us. Maybe Bitcoin will be dead already or maybe people will have to soon realize to fully adapt into using Bitcoin by that time then. We just need to expect for best things to make happen. But as of now, the present time is the more important thing to focus since what will happen today will affect the future generation.

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July 06, 2021, 11:40:53 PM
 #32

We don't even know what is going to happen in next 10 years, and you are talking about 100 years? It might become a mainstream currency. It might have replaced fiat. It might just be used as a store of value like precious metals. Or it might just die. A technology might be invented that is much better than bitcoin. Or maybe a huge flaw has been discovered that killed bitcoin (though I am sure people will come up with a solution to fix the problem). Or maybe we invented a very super fast computer that can break the chain or the keys in few seconds. See? So many possibilities.

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July 06, 2021, 11:51:30 PM
 #33

We don't even know what is going to happen in next 10 years, and you are talking about 100 years? It might become a mainstream currency. It might have replaced fiat. It might just be used as a store of value like precious metals. Or it might just die. A technology might be invented that is much better than bitcoin. Or maybe a huge flaw has been discovered that killed bitcoin (though I am sure people will come up with a solution to fix the problem). Or maybe we invented a very super fast computer that can break the chain or the keys in few seconds. See? So many possibilities.

100 years is really too much to think about. Most of us will not be here anymore.
Next 10 or 20 years would be much better to speculate at.
For another 10 years, I believe btc will still be here.
But we are not very sure as one better technology can make this obsolete. Who knows?
As we have fast changing technology, there will be someone that can invent much better than what we have now.
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July 07, 2021, 01:09:21 AM
 #34

I always thought that the coin might run out of supply one day since most of us hold it.
Many possibilities can occur in 100 years; Bitcoin will be considered old technology.
A much better finance asset will be developed.

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July 07, 2021, 02:53:34 AM
 #35

we can't say how bitcoin will be 100 years into the future. we can only see how the public responds to bitcoin. if the public response to bitcoin is still great and there are better crypto updates I think bitcoin can survive, but if there is no public response bitcoin can die quickly
It's too far to predict and no one can answer accurately, whether in 100 years bitcoin will still exist or will it die.
what is certain is that maybe we and all bitcoin users in this day and age must have died and will not feel and know it in the next 100 years, and if we see its growth there is a possibility that it will continue to grow and it could also be the other way around because no one knows because it is too far away to predict.
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July 07, 2021, 03:03:11 AM
 #36

we can't say how bitcoin will be 100 years into the future. we can only see how the public responds to bitcoin. if the public response to bitcoin is still great and there are better crypto updates I think bitcoin can survive, but if there is no public response bitcoin can die quickly
It's too far to predict and no one can answer accurately, whether in 100 years bitcoin will still exist or will it die.
what is certain is that maybe we and all bitcoin users in this day and age must have died and will not feel and know it in the next 100 years, and if we see its growth there is a possibility that it will continue to grow and it could also be the other way around because no one knows because it is too far away to predict.

I agree that it is too far to predict what will happen 100 years later with Bitcoin, after all we are not in this world 100 years anymore. Why don't
we predict what will happen to Bitcoin in the next 5-10 years, it makes more sense to predict. I don't think there's any point in us predicting
the next 100 years, let it be predicted by the generation after us. I prefer to predict something no more than 10 years into the future, because
it is still easy to predict, although not necessarily accurate.

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July 07, 2021, 03:06:19 AM
 #37

I think many big countries will accept bitcoin as payment method. I expect bitcoin and other cryptocurrencies will be commonly used in export-import trading. In my opinion at this stage the volatility will less happen but the price will tend to rise. I think the extreme volatility will only happens in altcoin market. I remember where Bitcoin is not yet recognized by country, not the situation is very different. I think if I expect that much is still okay.

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July 07, 2021, 03:59:38 AM
 #38

Here, I read every reply carefully, thanks. I have also seen everyone's main points. Most people feel that 100 years is too long and difficult to predict. Relatively speaking, 10 years and 20 years are better to predict. In fact, what I want to express here is that 100 years is really very long for us as individuals, and it is difficult for us to live beyond 100 years. But for the entire human civilization, 100 years is really short. It passed quickly. I firmly believe that Bitcoin will still exist 100 years later, and a whole new human civilization has been built.

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July 07, 2021, 04:10:20 AM
 #39

what will happen to Bitcoin in the next 100 years? My prediction is that Bitcoin will be the most expensive asset and the world's most interested people, far more than gold. buy Bitcoin now for the long term then you will enjoy a large retirement fund Grin
100 years is too far to make prediction about bitcoin., but in my personal view on that day, probably bitcoin is totally illegal to use for paying bills and etc in different countries, or should i say all around the world.. Because as you can see even now some of country gradually accepting bitcoin and the price were very expensive than real fiat. So how much more after 100 years?.. For sure governments will going crazy in it...
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July 07, 2021, 04:13:16 AM
 #40

In 100 years bitcoin will be historically referenced as the basis for the multiple cryptographically secured digital currencies in use.
Blockchain technology will be widely adopted and perhaps used to record transactions such as deeds for properties.

People will wonder (or shake their heads) at average people who risked their own money to participate in a real life testnet.

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