Bitcoin is immortal

[hero_the_bossman]

You make a great point. While Bitcoin's price could rise significantly in the long term, even at very high valuations, smaller fractions like satoshis will remain accessible due to Bitcoin's divisibility. Predicting when or if it’ll reach tens of millions is highly speculative, so for now, it’s all just speculation and unknowns.

We should dream higher to see it happening in the end 
And the point is - everybody will crave even a portion of sats in the future decades to come.

[Mehmet69]

Does not affect the uptime of Bitcoin.  The only thing that affect the uptime of Bitcoin is power interference, the internet connection and the hashing power that solves the block continously.  As long as these factor is present, regardless whether the electriciy covers only a small part of the world, the Bitcoin uptime will continue.

That said I believe you are talking about the accessibility and not the uptime/operation of Bitcoin network.

Yes, it is highly likely that he wrote about accessibility. It still doesn't work out very well when the majority of the planet's population does not have access to such technologies. It is impossible to say that Bitcoin is free if others have no way to it, so to speak. First, everyone must learn about it, and only then make an independent decision about using it. This opportunity was deprived, and therefore I cannot fully agree with the statement that Bitcoin provides freedom. We judge from our own point of view, which is wrong. This world is much more diverse.

The idea of ​​Bitcoin freedom is very exciting, but it is not actually true. Most people in the world still do not have access to the Internet, which is one of the main conditions for using Bitcoin. So Bitcoin cannot free the entire world if no one can use it.

[Negotiation]

That is the truth, Bitcoin will be affected but it's just going to be a partial effect, and not something that can totally destroy Bitcoin and wipe it off from existing again. Part of me still strongly believes that if anything happen to Bitcoin that it is no longer existing, the entire crypto space might not be able to survive for a long time, that's because Bitcoin builds a lot of faith in some people which is why they are still investing into cryptocurremcy.

The government also wants to take part in the development of digital finance today, one of which is the determination of taxes from exchanges operating in its jurisdiction. It's natural and that's not a problem. The problem is if all holders sell all their BTC without thinking twice, causing a huge panic, a total price drop so that all confidence in the performance of BTC which is considered the most resilient is lost. If the government tries to close it down, that's a very small problem.

In fact even if the government wants to it cannot stop it. Bitcoin is not stable, its price increases and is gaining popularity due to its rise and fall. Bitcoin will not be considered stable those who panic and sell bitcoin have very little knowledge about bitcoin so they panic and sell it those who know the exact location of bitcoin will never sell it bitcoin is based on a new technology called blockchain which makes it more secure and reliable. Bitcoin is currently one of the most popular cryptocurrencies in the world its popularity is increasing day by day which further increases its chances of survival.

[Donneski]

Just the other day I read the news that in the near future Bitcoin will become so expensive that ordinary people with a fairly modest income and earnings will not be able to buy it. Is this true? Well, I don’t know. As for me, this is too loud a statement. Will no one be able to afford to buy a couple of hundred satoshi? Such a scenario will become a reality when the coin actually reaches a price of a couple of tens of millions of dollars. How soon will this happen? Only questions and nothing more.

Your question is very valid to be honest. Currently, Bitcoin price is pegged around $95k - $100k range but there are strong projections by crypto experts that it might potentially hit a 200% - 500% rise in five years time. For newbies, I don't think there's much to panic for since the smallest units will still be very affordable in the next 10 years. Satoshi is the unit of Bitcoin so if you can't afford to buy Bitcoin, you can buy in Satoshis should the price rise up to a million dollars.

[fruktik]

You make a great point. While Bitcoin's price could rise significantly in the long term, even at very high valuations, smaller fractions like satoshis will remain accessible due to Bitcoin's divisibility. Predicting when or if it’ll reach tens of millions is highly speculative, so for now, it’s all just speculation and unknowns.

It irritates me that there are people who speculate on this. They name such numbers that you can't even believe in such forecasts. They try to attract attention to themselves in every possible way. Here is Catherine Wood from the same category. The other day she spoke about the cost of bitcoin at several million dollars. Yeah, what else will she say? It's not even funny to read about this. They seem to be adults and adequate people, but they are still talking nonsense at the moment. I understand if the price was close to this level, but no.

[FortuneFollower]

You make a great point. While Bitcoin's price could rise significantly in the long term, even at very high valuations, smaller fractions like satoshis will remain accessible due to Bitcoin's divisibility. Predicting when or if it’ll reach tens of millions is highly speculative, so for now, it’s all just speculation and unknowns.

It irritates me that there are people who speculate on this. They name such numbers that you can't even believe in such forecasts. They try to attract attention to themselves in every possible way. Here is Catherine Wood from the same category. The other day she spoke about the cost of bitcoin at several million dollars. Yeah, what else will she say? It's not even funny to read about this. They seem to be adults and adequate people, but they are still talking nonsense at the moment. I understand if the price was close to this level, but no.

Older people love to speculate too.
Because it irritates / interests those who are reading about it 

[darkangelosme]

Let's say (hypothetically) governments find a way to shut down Bitcoin or centralize the whole thing. Even if they succeed, Bitcoin will survive because of its open source nature. Meaning, anyone with the code can just re-launch BTC and restore its decentralized capabilities. Not even purging or banning GitHub (or similar) repositories will be able to destroy Bitcoin. And don't get me started on Quantum computing.

At this point, I'd say Bitcoin is immortal. Wouldn't you agree? If not, may I ask why?

Your input would be greatly appreciated. Thank you.

It's just an earthly matter bro, for me nothing is immortal to this world, i think what will happen in the future is that we will have one world government that will going to use bitcoin or other cryptocurrencies.

[fruktik]

Older people love to speculate too.
Because it irritates / interests those who are reading about it 

Such reasoning only misleads people, giving them false hope. This is not the practice that is needed. We should look at things based on current realities, and not make such loud statements. So what if they are old? On the contrary, they are obliged to teach the current generation the right approach to things. And what do we see? Total populism in almost everything. Do they really think that they are doing the right thing? After all, someone can lose a lot of money because of such forecasts.

[Nothingtodo]

If the internet shuts down, the losses would be too much to handle overall.
And after all - BTC is not on the radar for such a "shutdown", in my opinion.

The internet has become such an essential part of the world that you can't imagine a day without it. If the internet shuts down, 95% of modern civilization on your planet will be shut down, and you can't even imagine Bitcoin there. If the internet shuts down forever, Bitcoin will be lost forever and cannot be recovered.

[nullama]

~snip~
The internet has become such an essential part of the world that you can't imagine a day without it. If the internet shuts down, 95% of modern civilization on your planet will be shut down, and you can't even imagine Bitcoin there. If the internet shuts down forever, Bitcoin will be lost forever and cannot be recovered.

Yes, most workplaces simply shutdown if there is no Internet.

Most applications and services are based on the Internet, so not having access to them defeats the purpose.

Bitcoin is money, in the same way that all the fiat transactions with cards and transactions won't operate. It's the same for everything.

[hero_the_bossman]

The internet has become such an essential part of the world that you can't imagine a day without it. If the internet shuts down, 95% of modern civilization on your planet will be shut down, and you can't even imagine Bitcoin there. If the internet shuts down forever, Bitcoin will be lost forever and cannot be recovered.

Losses would be too enormous to begin with, so I agree with you.
But that's an apocalypse-type scenario 

[Abiky]

It irritates me that there are people who speculate on this. They name such numbers that you can't even believe in such forecasts. They try to attract attention to themselves in every possible way. Here is Catherine Wood from the same category. The other day she spoke about the cost of bitcoin at several million dollars. Yeah, what else will she say? It's not even funny to read about this. They seem to be adults and adequate people, but they are still talking nonsense at the moment. I understand if the price was close to this level, but no.

I know, right? They usually do this to bring the attention of people. Especially newcomers into crypto. We all know several million USD per Bitcoin is unrealistic. At least, in the short-term. A lot needs to happen for Bitcoin to reach such market prices. Regardless of how much 1 BTC is worth in the future, I don't think it will disappear that easily. It's already deep into the mainstream.

Given that Bitcoin is open source and decentralized, it's safe to say BTC is immortal. Not even a coin with a new tech superior than Blockchain will be able to replace it. Developers will quickly make changes to the code to "modernize" Bitcoin. Saying Bitcoin will die, is like saying the Internet will cease to exist in the future. Not now, nor in another century. The only ones who think Bitcoin is "mortal" are none other than haters and the deep state. We'll be the ones laughing in the end once Fiat collapses due to hyperinflation. I'd just keep buying and "hodling" BTC to save it for a rainy day. Just my two sats.

[Proty]

Yes, most workplaces simply shutdown if there is no Internet.

Most applications and services are based on the Internet, so not having access to them defeats the purpose.

Bitcoin is money, in the same way that all the fiat transactions with cards and transactions won't operate. It's the same for everything.

Bitcoin is not money, because this your comparison of bitcoin with fiat currency may makes it looks as if bitcoin is centralized just like money and also makes some newbie or people that doesn't know much about bitcoin to begin to see bitcoin as having the same qualities as money so to me that comparison is really misleading. I don't see the possibility of some many functioning without the internet, so it has come to stay like wise bitcoin.

[nullama]

~snip~
Bitcoin is not money, because this your comparison of bitcoin with fiat currency may makes it looks as if bitcoin is centralized just like money and also makes some newbie or people that doesn't know much about bitcoin to begin to see bitcoin as having the same qualities as money so to me that comparison is really misleading. I don't see the possibility of some many functioning without the internet, so it has come to stay like wise bitcoin.

Bitcoin is money, it's in the title of the white paper: Bitcoin: A Peer-to-Peer Electronic Cash System.

Money can be anything that you use to trade for goods and services, and you can clearly do that with Bitcoin.

The main difference with fiat is that there is a known creation of coins, whereas with fiat they can be created at any time and amount.

[fruktik]

I know, right? They usually do this to bring the attention of people. Especially newcomers into crypto. We all know several million USD per Bitcoin is unrealistic. At least, in the short-term. A lot needs to happen for Bitcoin to reach such market prices. Regardless of how much 1 BTC is worth in the future, I don't think it will disappear that easily. It's already deep into the mainstream.

Given that Bitcoin is open source and decentralized, it's safe to say BTC is immortal. Not even a coin with a new tech superior than Blockchain will be able to replace it. Developers will quickly make changes to the code to "modernize" Bitcoin. Saying Bitcoin will die, is like saying the Internet will cease to exist in the future. Not now, nor in another century. The only ones who think Bitcoin is "mortal" are none other than haters and the deep state. We'll be the ones laughing in the end once Fiat collapses due to hyperinflation. I'd just keep buying and "hodling" BTC to save it for a rainy day. Just my two sats.

It seems to me that soon the level of inflation risks in my country will become so high that I will have to go to the store for bread with a whole bag of cash. That's when you should have not only currency, but also bitcoin in reserve. It would be desirable if there are other coins in crypto wallets. Something strange has started to happen in the world of cryptocurrencies in my country. The authorities have paid special attention to them. They have started to fight with exchangers and want to make sure that everything is done only through official channels. That is, complete control and reporting. Not a step without the supervision of government agencies. That's the direction they are moving in. I don't like all this. I don't want them to get into my pocket and arrange a complete bacchanalia there at their own discretion.

[john_egbert]

~snip~
Bitcoin is not money, because this your comparison of bitcoin with fiat currency may makes it looks as if bitcoin is centralized just like money and also makes some newbie or people that doesn't know much about bitcoin to begin to see bitcoin as having the same qualities as money so to me that comparison is really misleading. I don't see the possibility of some many functioning without the internet, so it has come to stay like wise bitcoin.

Bitcoin is money, it's in the title of the white paper: Bitcoin: A Peer-to-Peer Electronic Cash System.

Money can be anything that you use to trade for goods and services, and you can clearly do that with Bitcoin.

The main difference with fiat is that there is a known creation of coins, whereas with fiat they can be created at any time and amount.

BTC is an alternative that won't devalue itself as time goes on. Simple as that.

[hero_the_bossman]

I see your point, and I agree that quantum computing isn’t the biggest threat to Bitcoin right now. Even if advancements happen, Bitcoin’s cryptographic security can evolve, and implementing post-quantum encryption is entirely possible.

That being said, the real battle for Bitcoin’s long-term survival isn’t just about technology—it’s about regulation, adoption, and economic relevance. Governments can’t shut it down directly, but they can make it harder to use by controlling fiat on-ramps, restricting mining, or promoting CBDCs.

Yep, totally right.
BTC is going to prevail, and that is all that matters 

[nullama]

~snip~
BTC is an alternative that won't devalue itself as time goes on. Simple as that.

That is absolutely true.

At least on the supply side, it's all known in advance. We know that more than 90% of the coins are already in circulation.

And that every roughly 4 years the new coins amount will be halved, and so on.

But we don't know about the demand.

If suddenly all the world would want to obtain Bitcoin, or if suddenly everyone wants to sell it.

That would change the purchasing power of Bitcoin.

[MeGold666]

Let's say (hypothetically) governments find a way to shut down Bitcoin or centralize the whole thing. Even if they succeed, Bitcoin will survive because of its open source nature. Meaning, anyone with the code can just re-launch BTC and restore its decentralized capabilities. Not even purging or banning GitHub (or similar) repositories will be able to destroy Bitcoin. And don't get me started on Quantum computing.

At this point, I'd say Bitcoin is immortal. Wouldn't you agree? If not, may I ask why?

Your input would be greatly appreciated. Thank you.

Quantum computers are a real threat and that's why cryptographers already work to combat it, if Bitcoin will not hardfork to combat it as well, it's doomed.

As for re-launching a PoW cryptocurrency, today it's close to impossible to start a legit (no premine, no dev-tax, etc.) project on PoW because it gets attacked pretty quickly, project like this would need to have a very high hashrate from the very beginning, decentralized and ready to combat attacks.

Back in the days when cryptocurrency space was only known to true enthusiasts it was not a problem but today it's a whole different world and you can see plenty of example where a project was destroyed because it had not enough hashrate to secure the network against 51% attacks.

You think investors would put money into re-launch of Bitcoin ? it would be another worthless project and no one would want it because there are better projects out there.
The only thing Bitcoin has going on for it, is it's age - being the first cryptocurrency, the original "Satoshi".

BTC may seem immortal. But it would die in a minute in a worldwide EMP collapse.

Such strong EMP would also kill all living creatures, you can as well say Bitcoin would die from atomic bombs.

As you said, its open source nature can be updated by anyone and its coding can be adapted to the most advanced technology. But it is not known when it will happen, maybe 50-100 years in the future with a more advanced version of the technology. That is personally why it is not right to say bitcoin is eternal, but rather can be updated but still maintain the essence of bitcoin. This is just based on my assumption so it must not always be the same as others.

More advanced technology is already here and updated "Bitcoin" is here too, it's called Monero.

Technology advancement happens faster each year and we're only at the beginning of it, we barely put our foot out of the cave.

Bitcoin itself, the network is indeed invincible just like gold is. However that doesn’t mean the govs are completely helpless against it. They don’t have the power to shut bitcoin down but they can punish those who use bitcoin because they know everything about us.

The US government seized their citizens’ gold and punished those who didn’t comply. They did it before and they can do something similar again.

What good is it if I am in prison but bitcoin is still operating?

We need to do something about this one instead of worrying about bitcoin.

That's why privacy matters, without it government will force you to give up your Bitcoin or will blacklist them and put you in jail if they move plus some big fines.

The true freedom is when government does not know how much you have, unfortunately it's not possible with Bitcoin.

/Over&Out

[Abiky]

I see your point, and I agree that quantum computing isn’t the biggest threat to Bitcoin right now. Even if advancements happen, Bitcoin’s cryptographic security can evolve, and implementing post-quantum encryption is entirely possible.

That being said, the real battle for Bitcoin’s long-term survival isn’t just about technology—it’s about regulation, adoption, and economic relevance. Governments can’t shut it down directly, but they can make it harder to use by controlling fiat on-ramps, restricting mining, or promoting CBDCs.

Yes. Regulations are always a problem. But I'm afraid they won't have much of an impact over the network itself. Governments will only be able to control who buys or sells BTC through centralized exchanges and/or services. But F2F (Face to Face), and P2P (Peer to Peer) transactions are uncharted territory. They cannot be prevented no matter how hard governments try. This is only possible due to the decentralized nature of Bitcoin.

I'm certain the pioneer cryptocurrency will live alongside CBDCs for generations. The source code is out there for anyone to copy, modify, or redistribute. So it's easy to recover Bitcoin if something "catastrophic" happens to it in the long run. Just my two sats.