Will Bitcoin exit forever?

[larry_vw_1955]

4. I doubt people will ever lose interest in Bitcoin. As we know, many consider Bitcoin to be an asset and as long as there is profit to be made, I believe that the interest will remain.

I'm not sure i agree with you. I think in the future, we're going to see more Universal Basic Income. If I was receiving a UBI, I would no motivation to spend it on bitcoin.

[Smack That Ace]

Bitcoin is here to stay,
Despite the fact that no one can actually say for sure if bitcoin will stay forever, but from the look of things, bitcoin is here to stay and will stay forever.
One thing I’ve known is that, bitcoin has a very strong community who are willing to make sure bitcoin keeps working and currently, I personally think, bitcoin has grown passed the stage where it will be influenced by every little things or news like a ban in a country or its likes.

I don’t think a countries regulation will actually have any major impact on bitcoin as it stands now and just like the case with my country, where the p2p market was banned in a lot of exchanges, that didn’t actually affect the global market of bitcoin despite Nigeria being among the list of highest bitcoin accepted country.

The value of any asset depends on demand and requires community support to survive, not just bitcoin. But the community will only support when they get benefits from them and here bitcoin is bringing profits, different use cases to the community. So I won't say that bitcoin will last forever and its survival will depend on the community, if they find a better asset than bitcoin in the future, it won't be surprising if they abandon it. In my opinion, what lasts forever is personal benefit and community benefit, not bitcoin or gold that will last forever.

A country's ban does not represent the whole world, so one or a few countries banning bitcoin are no different from those wanting to fall behind instead of thinking they have enough power to ban bitcoin.

[Wonder Work]

I think it's foolish to think that Bitcoin is forever because everything is changing. Because Bitcoin is doing so well right now, there may be a better coin to come in the cryptocurrency world. We can't think of anything forever, everything is temporary, and Bitcoin is something like that. But it's different because it's become an asset. I or you will be gone, but this Bitcoin will see its use continue for generations to come. If Bitcoin comes to such a good position at some other point after that, if Bitcoin can leave behind and move forward, then that is a different matter, but its use will continue in this way for the next few days.

[Maus0728]

How would bitcoin exit when the demand for it remains? Remains what exactly? I think that if there's a demand for it, then there's no way that bitcoin's going to go away anytime soon and that it's going to be that way forever, the worry about the innovations and flaws of bitcoin isn't really warranted given that there's a lot of developers out there that are tweaking bitcoin since it's open source, ain't no way that a bug or flaw would go amiss when there's thousands of people that are watching bitcoin 24/7.

[Notalony]

Well according to little idea of my Bitcoin has been designed to be a decentralized and persistent store of value , it's the future is not guaranteed.

  Bitcoin could exit indefinitely if:
1  The demand for Bitcoin remains, and people continue to use and accept it.
2 The decentralization network of computers verify transactions (node) continue to operate.
3. No significant technical or security flaws are discovered that could compromise the network.

However, there are also potential risks and uncertainties that could impact Bitcoins existence, such as:

1. Regulatory changes or bans in various countries.
2. Competition from other cryptocurrency or alternative technologies.
3. Security threats or 51% attacks on the network.
4. Loss of public interest or confidence.

It's important to note that the concept of "forever" is relative, and even if Bitcoin doesn't exist in its current form.

For me I will say that instead of thinking much about what will become of Bitcoin in the future, while not take much it's present advantage buy accumulating Bitcoin as little as you can and hold, historically Bitcoin has shown a massive wide spread adoption and has also increase in it's value, the future is untold but I believed Bitcoin has a good foundation and will
exit forever as a financial freedom because it's decentralized nature.

[Fara Chan]

For me I will say that instead of thinking much about what will become of Bitcoin in the future, while not take much it's present advantage buy accumulating Bitcoin as little as you can and hold, historically Bitcoin has shown a massive wide spread adoption and has also increase in it's value, the future is untold but I believed Bitcoin has a good foundation and will
exit forever as a financial freedom because it's decentralized nature.

If you look at the widespread adoption of Bitcoin and also the great people who currently own Bitcoin, of course there is good potential for the future of Bitcoin itself apart from the development of Bitcoin value which can be seen by everyone through the history of Bitcoin itself. So personally I no longer doubt the future of Bitcoin at all even though the OP has explained several points that need to be thought about, although this is not something to be afraid of because no matter what the current conditions are, Bitcoin will continue to improve in the future.

[Scarlett_23]

Everything in the world is mortal.  Nothing lasts forever.  But Bitcoin can be said in this way that Bitcoin will continue from one generation to another.  Bitcoin is on demand in this technology dependent society.  While some countries around the world have banned Bitcoin, many countries have accepted Bitcoin.  A few more virtual currencies like Bitcoin have emerged.  But others like Bitcoin have not gained as much acceptance.  If a stronger currency comes out of BTC that people will benefit from more than Bitcoin then maybe it will compete. But there is no telling if this is possible.  Because no country or organization has been able to take ownership of it till date.