What will Bitcoin look like in the future?

[Franctoshi]

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please  

Bitcoin is a digital Gold and this is where it's more likely head to take its full role, Institution has understood this and this is why we are seeing the smart money starting to position their investment in Bitcoin. In as much as your Bitcoin is a noncustodial wallet, then no one can control it, we will likely see more regulation come into play in the coming years ahead from different governments of the world as to how people would go about investing in Bitcoin and I see more countries trying to tax its citizens who are involved in Bitcoin after they must have fully realized that they can't totally control it.

[Alpha Marine]

judging from when Bitcoin was launched way back in Jan,3rd 2009 till date 2024 that's roughly about 15years of existence. If a project would fail it would fail long time ago so, you don't need a soothsayer to tell you we are unstoppable.

A project can be alive for 20 years and still fail. How old Bitcoin is and how much it has flourished isn't reason enough to determine why it won't fail. Saying Bitcoin won't fail because of how long it has succeeded doesn't do Bitcoin justice. Bitcoin has succeeded for so long because of its features.

The value of every currency, asset, or commodity is determined by the demand and supply of that asset or commodity. There are other factors like cost of production and all, but it all boils down to demand and supply. If there is no demand for that particular asset or currency, the value would be reduced. If there is a high demand and the supply is way higher than the demand, then the value would drop because one thing that increases value is scarcity. Bitcoin checks all these boxes.
One thing Bitcoin has over fiat and altcoins is its limited supply. The market cannot be flooded with billions of bitcoin just as it is with other cryptocurrencies. Going back to excess supply, that's why most altcoins aren't worth shit, but they have a high market cap. Flooding the market with a particular coin removes scarcity and when something is not scarce, it has no value.

Another feature that makes Bitcoin unstoppable is its decentralised nature. No centralised or particular entity owns it. It's owned and controlled by the people in the market. This way no particular person is responsible for adding value to Bitcoin online shares. This creates room for demand and supply to function freely.
These are just two main reasons I believe Bitcoin won't fail.

[Blitzboy]

judging from when Bitcoin was launched way back in Jan,3rd 2009 till date 2024 that's roughly about 15years of existence. If a project would fail it would fail long time ago so, you don't need a soothsayer to tell you we are unstoppable.

A project can be alive for 20 years and still fail. How old Bitcoin is and how much it has flourished isn't reason enough to determine why it won't fail. Saying Bitcoin won't fail because of how long it has succeeded doesn't do Bitcoin justice. Bitcoin has succeeded for so long because of its features.

The value of every currency, asset, or commodity is determined by the demand and supply of that asset or commodity. There are other factors like cost of production and all, but it all boils down to demand and supply. If there is no demand for that particular asset or currency, the value would be reduced. If there is a high demand and the supply is way higher than the demand, then the value would drop because one thing that increases value is scarcity. Bitcoin checks all these boxes.
One thing Bitcoin has over fiat and altcoins is its limited supply. The market cannot be flooded with billions of bitcoin just as it is with other cryptocurrencies. Going back to excess supply, that's why most altcoins aren't worth shit, but they have a high market cap. Flooding the market with a particular coin removes scarcity and when something is not scarce, it has no value.

Another feature that makes Bitcoin unstoppable is its decentralised nature. No centralised or particular entity owns it. It's owned and controlled by the people in the market. This way no particular person is responsible for adding value to Bitcoin online shares. This creates room for demand and supply to function freely.
These are just two main reasons I believe Bitcoin won't fail.

Look, nothing's gonna last forever. Nothing does. Change is the only constant, right? Dharma of life is that. Still, Bitcoin is unique. Its got a limited supply. Not like the government does with dollars, you cannot simply print more of it. Such scarcity is quite significant. Bitcoin is also uncontrolled by anybody. Its decentralized. It is money of the people. Thats power, folks. Thats freedom. The key is to know how the system functions and where the actual value lies, not to become attached to anything in particular.

Sure, the future's uncertain. Has always been and will always be. But Bitcoin's built on solid principles. Its got staying power. And thats something worth paying attention to.

[Orpichukwu]

if only the government see the purpose and the impact that Bitcoin has brought to the society, then they can regulate and make Bitcoin to be Centralized but right now I don't think if they're seeing the good side of Bitcoin. I believe in the future Bitcoin will hit higher and the world will start to know what Bitcoin have, because right now in some countries the government are fighting each other's so that they can regulate and make Bitcoin to be Centralized. Hopefully in future their is hope that Bitcoin will definitely be regulated and Centralized.

It's not like the government doesn't know about bitcoin or what it's worth or influence on society; the truth of the matter is just that they are afraid of what Bitcoin will do in the future, taking over money from the way they usually control their citizens financial systems to another level.

where the system will use a method where the government no longer has to decide when they can spend their money, how much they can spend, and can't even tax most of their transactions again. Those are the things I believe are part of the reason why most countries governments don't want to fully accept bitcoin.

[wtsimis]

Bitcoin is currently the most popular cryptocurrency among virtual investments. As big companies are now investing in Bitcoin and the popularity of Bitcoin is increasing day by day, governments of different countries will try to regulate Bitcoin. Attempts are being made to maximize control of Bitcoin through technological developments. Since many people think that money laundering is done through Bitcoin, Bitcoin is not viewed favorably by the governments of many countries. But Bitcoin is currently going to become an asset like gold. The number of Bitcoin users and investors may increase in the future.

[Obari]

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please 

Frankly, no one can boldly speak of what bitcoin will become in the future but with how things are now, it strings shows that bitcoin has come to stay for good.
A lot is going on in the cryptocurrency  and bitcoin industry but not enough to kill our hope for bitcoin and I think the government is already pushing their ways around bitcoin because currently in Africa, we could see how a lot of regulatory changes are pushing crypto away and I’m sure for bitcoin to be accepted in such countries, it might be bent to follow some regulations and also remember that what ever has the potential to generate profit ought to be tax and since bitcoin is already proving to hold and earn some profits, that has dragged the attention of the government to it and it might be difficult for the government not to tax it.

Bitcoin will make a lot of people free tomorrow especially those who believe in it today and seize the opportunities it offers today

[irhact]

Bitcoin is a digital Gold and this is where it's more likely head to take its full role, Institution has understood this and this is why we are seeing the smart money starting to position their investment in Bitcoin. In as much as your Bitcoin is a noncustodial wallet, then no one can control it, we will likely see more regulation come into play in the coming years ahead from different governments of the world as to how people would go about investing in Bitcoin and I see more countries trying to tax its citizens who are involved in Bitcoin after they must have fully realized that they can't totally control it.

I have to agree with this as I think this is what is going to happen, Bitcoin is going to become more popular but as for what it is going to look like in the future, I don't think anybody knows about that but we can only be guessing. Bitcoin is already being considered as a form of money but the government don't like Bitcoin therefore they might try to kill it or adopt it in the future we don't know.  Bitcoin can't make everybody to be free but only those that believe in it.

Having Bitcoin in a non constodial wallet is better as we don't know if the governments of our different countries will accept or not accept Bitcoin as a form of currency allow to function in the country but if we have Bitcoin in our non constodial wallets, we're free to use Bitcoin without the government of our country knowing about it.

[Dr.Bitcoin_Strange]

I see a lot of people looking at Bitcoin not only for trading but also as a future investment and people's confidence in Bitcoin is increasing day by day. Bitcoin is developing day by day and its fans are increasing in such a situation if the governments remove the ban on it, people's businesses will increase and the country's economy will get more support.

Everyone have the choice for what they want to do with Bitcoin but the common goal among every Bitcoiner is for the purpose of making profit. Even in those countries where Bitcoin is ban, there are still other means through which some citizens in those countries are accumulating Bitcoin. Bitcoin is a decentralized asset and you don't need the permission of anyone to own it and you can as well own it without the knowledge of anybody.

[BABY SHOES]

I see a lot of people looking at Bitcoin not only for trading but also as a future investment and people's confidence in Bitcoin is increasing day by day. Bitcoin is developing day by day and its fans are increasing in such a situation if the governments remove the ban on it, people's businesses will increase and the country's economy will get more support.

Everyone have the choice for what they want to do with Bitcoin but the common goal among every Bitcoiner is for the purpose of making profit. Even in those countries where Bitcoin is ban, there are still other means through which some citizens in those countries are accumulating Bitcoin. Bitcoin is a decentralized asset and you don't need the permission of anyone to own it and you can as well own it without the knowledge of anybody.

It is true that the most common purpose why they are interested in bitcoin is because of the benefits they get in adding now many generations easily switch to bitcoin rather than the stock market.

Actually, every country has rules about bitcoin, some prohibit and legalize it.
As in my country where bitcoin is legal as a commodity asset as long as it does not become a means of payment then it will be illegal even when someone does it it will be arrested.

With a lot of investment interest in bitcoin this is actually an advantage for the country because everyone will be taxed from this tax the government can generate a lot of revenue.

[_BlackStar]

-snip-

It is true that the most common purpose why they are interested in bitcoin is because of the benefits they get in adding now many generations easily switch to bitcoin rather than the stock market.

Not for all regions - every country is different. You can still say that many people in your country or people in your circle of friends are more interested in bitcoin than stocks - but that does not represent everyone in your country because there are many other people who are interested in the stock market. Of course - it's about their interest and confidence in an investment asset.

Actually, every country has rules about bitcoin, some prohibit and legalize it.
As in my country where bitcoin is legal as a commodity asset as long as it does not become a means of payment then it will be illegal even when someone does it it will be arrested.

How is that possible - someone who uses bitcoin as a means of payment anonymously will be arrested, unless they do it in a public place.

In countries that prohibit the use of bitcoin as a means of payment - you are still very likely to find someone to pay you in bitcoin anonymously or through a centralized exchange. This is only recorded as the activity of moving Bitcoin from one address to another without knowing the purpose, unless you announce it publicly.

With a lot of investment interest in bitcoin this is actually an advantage for the country because everyone will be taxed from this tax the government can generate a lot of revenue.

Hmm - yes, that is a great source of revenue for the government. That's why they regulate instead of banning bitcoin trading completely.

[Natalim]

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please  

Bitcoin is a digital Gold and this is where it's more likely head to take its full role, Institution has understood this and this is why we are seeing the smart money starting to position their investment in Bitcoin. In as much as your Bitcoin is a noncustodial wallet, then no one can control it, we will likely see more regulation come into play in the coming years ahead from different governments of the world as to how people would go about investing in Bitcoin and I see more countries trying to tax its citizens who are involved in Bitcoin after they must have fully realized that they can't totally control it.

Bitcoin is the future, so people will surely increase their motivation with bitcoin as to how they can maximize it, rather than focusing on fiat where its value depreciates in time. In addition, bitcoin is certainly a digital gold so more than the real value of other investments, bitcoin remains on top of others, most especially if Bitcoin promotion and adaption will continue to increase a lot.

[fruktik]

Look, nothing's gonna last forever. Nothing does. Change is the only constant, right? Dharma of life is that. Still, Bitcoin is unique. Its got a limited supply. Not like the government does with dollars, you cannot simply print more of it. Such scarcity is quite significant. Bitcoin is also uncontrolled by anybody. Its decentralized. It is money of the people. Thats power, folks. Thats freedom. The key is to know how the system functions and where the actual value lies, not to become attached to anything in particular.

Sure, the future's uncertain. Has always been and will always be. But Bitcoin's built on solid principles. Its got staying power. And thats something worth paying attention to.

What would happen if the largest number of Bitcoins were concentrated in the same hands? Have you thought about that? What decentralization can we talk about under such a condition? This is what matters and this is the question that should be answered. This is the danger. There is already a tendency for large investment funds to have a significant amount of coins in their accounts. What should we do in such a case?

[MarjorieZimmermanGinger]

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please 

Which certainly won't be as far away as what you see now and will likely continue to gain wider adoption so that bitcoin will appear at a fantastic new price. If we talk about freedom, we definitely find it in bitcoin because basically investing in bitcoin does not require the involvement of other people and that means we are free to make our own decisions. The essence of government regulation is no longer rational because bitcoin assets have grown and developed and they can never be regulated or simply limited as many people fear.

If the government could regulate and control bitcoin then it would have done it long ago. But what happens is that bitcoin grows and develops because of its strength and that is why people consider bitcoin to be the best asset for the long term. Whatever theory you try to put forward there is no chance of limiting, controlling or being regulated in such a way by the government because that is not how bitcoin works.

[BABY SHOES]

Not for all regions - every country is different. You can still say that many people in your country or people in your circle of friends are more interested in bitcoin than stocks - but that does not represent everyone in your country because there are many other people who are interested in the stock market. Of course - it's about their interest and confidence in an investment asset.

Yeeh because that's what I encountered from my circle of friends in my area they are more into bitcoin than stocks - whereas for other countries maybe I agree with you where there are differences in their investment interests.

How is that possible - someone who uses bitcoin as a means of payment anonymously will be arrested, unless they do it in a public place.

In countries that prohibit the use of bitcoin as a means of payment - you are still very likely to find someone to pay you in bitcoin anonymously or through a centralized exchange. This is only recorded as the activity of moving Bitcoin from one address to another without knowing the purpose, unless you announce it publicly.

If anonymously it will never be caught, but publicly then YES, I saw where there was a case in my country of a car rental person receiving crypto payments from foreign tourists when caught then immediately arrested by the police.

The activity of moving between wallets will not be known, so I mean where they pay in stores that accept bitcoin, but that's not true because it's prohibited.

Hmm - yes, that is a great source of revenue for the government. That's why they regulate instead of banning bitcoin trading completely.

Imagine the government receiving $30 million more per year, even this will continue to increase government revenue in my country.

[Tmoonz]

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please  

No one can be very certain I mean there is no guarantee as to what Bitcoin will become in the future, historically Bitcoin has made a wide spread adoption with a tremendous increase in value, but past  event is not a guarantee of the the future event rather it can only be a guide yet we need to consider having certain believe towards possibilities, if Bitcoin becomes regulated and controlled by the government it has changed it purpose of being decentralized which I think it will not be possible considering the anonymity of Satoshi Nakamoto. Volatility is an inherent trait of Bitcoin which is the only thing that is guarantee, yeah Bitcoin can go higher far beyond the value we are seeing today.

[legendbtc]

if only the government see the purpose and the impact that Bitcoin has brought to the society, then they can regulate and make Bitcoin to be Centralized but right now I don't think if they're seeing the good side of Bitcoin. I believe in the future Bitcoin will hit higher and the world will start to know what Bitcoin have, because right now in some countries the government are fighting each other's so that they can regulate and make Bitcoin to be Centralized. Hopefully in future their is hope that Bitcoin will definitely be regulated and Centralized.

It's not like the government doesn't know about bitcoin or what it's worth or influence on society; the truth of the matter is just that they are afraid of what Bitcoin will do in the future, taking over money from the way they usually control their citizens financial systems to another level.

where the system will use a method where the government no longer has to decide when they can spend their money, how much they can spend, and can't even tax most of their transactions again. Those are the things I believe are part of the reason why most countries governments don't want to fully accept bitcoin.

Yes, the government is not as naive and stupid as we think, they know everything about bitcoin and they even know more about bitcoin than us and that is why they are harsh on bitcoin. They realize that if bitcoin becomes popular without control and people freely use it, their power will be shaken and even collapse. The government understands bitcoin very well and has always tried to stop it from the very beginning but perhaps they failed, and now bitcoin has become so popular that it cannot be banned. They began looking for ways to legalize it with a series of regulations, and the hope that it would be controlled and would not let it affect their power.

[glendall]

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please 

It is undeniable that Bitcoin has provided benefits to everyone, and this will continue to be the main investment besides gold I think,
and for the government it seems that it is only local exchanges that they can regulate not for  bitcoin,
bitcoin will be initially regulated without government intervention and the nature of its ownership will always be anonymous as long as the owner does not make a statement that they own bitcoin

[GeorgeJohn]

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please 

we should know that bitcoin is going up not down, because what they expected in price of bitcoin when it was established is not something they are observing now, because far back 2009 bitcoin was introduced they don't have that mindset that bitcoin price will continue to increase,but right away government can not stop the existence of bitcoin but they can stop existence of exchange because is done in a centralized way, so I believe that exchange is effected bitcoin can not be affected because bitcoin itself is a decentralized currency

[Orpichukwu]

Yes, the government is not as naive and stupid as we think, they know everything about bitcoin and they even know more about bitcoin than us and that is why they are harsh on bitcoin. They realize that if bitcoin becomes popular without control and people freely use it, their power will be shaken and even collapse. The government understands bitcoin very well and has always tried to stop it from the very beginning but perhaps they failed, and now bitcoin has become so popular that it cannot be banned. They began looking for ways to legalize it with a series of regulations, and the hope that it would be controlled and would not let it affect their power.

The government can still ban and restrict their citizens from using whatever they feel is a trait to their economy, even if that's not the main reason for the banning. You say they can't ban Bitcoin, and I completely don't agree with that. All they have to do is place a ban order on it, and whoever ever uses it will be punished; that's all. 
 
On the side of regulating it, they have already seen that there is no way that they can control Bitcoin, so what they are doing now is regulating those firms that deal in bitcoin through those centralised systems. Now they can control how their citizens make use of Bitcoin, tax it, and freeze user accounts, which makes it very easy for them to tackle and still control.

[Promocodeudo]

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please 

The technology behind the invention of Bitcoin among other digital currencies is revolutionary but what gives bitcoin an edge over others is its popularity, notability and credibility as the first known and widely launched digital currency that spread across world making it the most valuable in the market so far. Big ups to the inventor Satoshi for bringing the monumental invention of Bitcoin technology as an alternative to the centralized system practiced over the years and controlled by the government.

This alone have given the bitcoin the massive attention as a decentralized system of financial system, by extension making it an avenue for people to invest in the prosperous digital currency  and making it the biggest thus far.

Bitcoin will continue to attract more investors because despite the volatility thing, every investor wants to see a good result at the end, some investor already understand the concept and the fact that Bitcoin is a longterm investment  so before the will think of investing in Bitcoin, they have already position their mind on the long-term since they know that it is the only way to benefit, taking about monetary system and cryptocurrency in general, Bitcoin has no rival, it is the only  decentarlized and digital currency whose price surpass others, this is the reason why many whales has much confidence in the continues holding of their Bitcoin asset.
The DCA strategy of Bitcoin has made it more exceptional too, that's to say that excuses in terms investment shouldn't be intertained again, every prepared can invest at any time once the basic knowledge is present.