Can bitcoin die?

[PytagoraZ]

Hello everyone...

I know that it is impossible for bitcoin to die. It's like the question will people die if they stop eating?

I know that the bitcoin community is very large. Bitcoin is the solution, We all love bitcoin


Thank you for every attention

Thank you for the warm welcome and discussion. As a beginner I hope to learn a lot in this forum

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[ImThour]

Not every country will ever ban Bitcoin Mining, Texas in USA promotes Bitcoin mining, El Salvador promotes Bitcoin and their president buy it on frequent intervals.
Dubai is promoting Cryptocurrency and eventually all the big countries will have to stay in the league with the technology or they will fall behind, so no. Not every country will ban Bitcoin.

So no, Bitcoin will never die.

[johnsaributua]

 Please let me know beforehand brother, are you a Bitcoin Hodl, or are you confused about the security of your funds if you save them to Bitcoin in the long term?
 The role of miners is indeed important, even though it is personal in nature and has not spread widely because various factors from tools to knowledge must be qualified for a surplus of funds to come out, whether it can cover the monthly budget for the mining that is being carried out. Let's just say that there are still quite a lot of miners who are currently active. see the desire generated by a transaction is still high and can cover both time, queue density and costs).

 There is also continuity, let's look at the supply of bitcoin availability. Looking at the history of the first time bitcoin was introduced, there were many ways, including claiming faucets, buying between members, bartering or just a small gift from a friend. Then does innovation stop there? a way to get bitcoins, but if you are used to mining I don't think all countries prohibit it, it could be in other countries that don't regulate or prohibit it.

 there are always pros and cons that prohibit a few, even those who really appreciate, facilitate the community and provide space for developers, have also started in several countries and quite a lot, most of the world.

 see the current trend of trading continues as long as there are sellers and buyers, even though their identities are disguised but look at the small developments in social media, there are even some who buy and sell goods online, they accept payments in bitcoin. that's proof that bitcoin can grow more brilliantly than yesterday.

 I think bitcoin technology can turn into easier transactions in the future, like now regardless of the type but bitcoin's technology (blockchain continues to advance and validates any transaction including Nft, the unexpected thing from the past).

 In terms of government in my country, for local cex, they have received taxes for the country from every withdrawal or deposit transaction, in outline they admit that there is a contribution of funds for the development of the country, if other countries follow the same thing, maybe crypto will be accepted in other countries there is no regulation yet. when the price of bitcoin drops as it is today, in my opinion it is a good idea to make a mining machine even with the availability of hardwhare and the funds we have are limited (Dca).

 At least we can enjoy (buying, fighting for prizes, etc.) also learn about bitcoin for now and let's see.

[mamesso]

If all countries make regulations that bitcoin mining is prohibited, is it true that bitcoin will die?

You start the question by using the word "if". The definition of your question has no measurable certainty, I don't think bitcoin will die after seeing massive adoption in several countries, there are even countries that have adopted Bitcoin as a legally traded currency. Since its launch over the last decade, Bitcoin has held a place in the hearts of people, companies and countries like gold and silver.
Dollars, Euros and Pounds are the most recognized fiat currencies in the world. This currency continues to be printed or the supply continues to increase every year, big banks can easily launder money without the knowledge of citizens. While Bitcoin transactions are so transparent that citizens prefer Bitcoin over fiat money, for this reason several major countries have allowed payments using Bitcoin. It is very unlikely that Bitcoin will die after being welcomed with open arms around the world.

[Halime Anatolia]

While it's true that regulations can affect the accessibility and use of Bitcoin, if you're declaring BTC's demise based solely on a mining ban, that's impossible. Bitcoin's resilience lies in its decentralized nature and global user base. While restrictions can pose challenges, they can also encourage innovation and alternative solutions.

While the road may still be bumpy, it is too early to conclude that Bitcoin's fate is determined by mining restrictions alone. Its survival depends on the complex interplay of technological advances, market dynamics and the regulatory landscape.

[Patrol69]

Nothing is impossible and nothing is possible as you fear because not all countries will ever ban Bitcoin and the total supply of money in the market will never run out. Like money we use when needed but money never ends money goes to you through me and that money reaches others through you but this money is never lost so even if we stop producing bitcoins the supply in the market is never lost from the market won't go. So it is unlikely that Bitcoin will disappear from the market.

[PytagoraZ]

I think the discussion in this thread is quite a lot. Please allow me to lock this thread

Thanks