Bitcoin is immortal

[Russlenat]

But aside from that, I doubt even a authoritarian world government/leader will be able to stop Bitcoin.

Stopping Bitcoin? No, because the government is centralized, while Bitcoin is decentralized. They can’t shut down the network. The best they can do is try to discourage people from using Bitcoin through regulations. But that fear isn’t a big deal anymore since major countries have already legalized Bitcoin, which means we’re here to stay.

[fuguebtc]

Agreed. BTC is definitely immortal and history has pretty much proven that. World governments tried shutting it and the entire crypto world down again and again pointlessly and gave up ultimately.

I feel that AI could possibly help BTC and the crypto world improve in several areas in the future making them stronger and stronger. Let's see what happens.

The world hasn’t attempted to shut down Bitcoin. So far, only China has done so, along with a few other countries that aren’t really relevant to Bitcoin’s future. But if major countries like the US and European nations were to ban Bitcoin, then we might truly feel the impact and the power of the government.

I wouldn’t wish for that to happen, though I still believe Bitcoin is unstoppable. However, it might not be as successful as it was before.

To be more precise, in the past, most governments ignored bitcoin or looked down on it, they never tried to shut it down or abolish it. If the US, European or Chinese governments had all banded together to eliminate it, bitcoin probably wouldn't exist today. It is true but many people mistakenly believe that the government has failed to stop bitcoin after many attempts, and think that bitcoin is immortal and underestimate the power of the government.

Indeed, we will see how serious the consequences would be if the US and Chinese governments jointly banned bitcoin, let alone tried to eliminate it altogether .  This world belongs to governments and they can do more than we think, don't be naive to think that bitcoin can be adopted worldwide without government permission .

[Nwada001]

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.

As long as the internet exists, I will agree with you, but if we wake up one day and anything that has to do with the internet is shut down, then bitcoin will go down with it. There is no way to communicate with the technology without an internet connection.

Aside from that, Bitcoin being decentralised alone has defeated the challenge of it being controlled and shut down by any centralised entity.

[mrkhan90]

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.

Actually, I think that you could explain a best opinion in your post. So I am also agree with your prefer comment. I also believe that bitcoin is the best valuable and immortal crypto in cryptocurrency world. Because we know that from many years ago we could saw that bitcoin best performance.
But sometimes we noticed that bitcoin price is lower down in crypto currency market. But otherwise we can see that bitcoin price is increase gradually in cryptocurrency market. I think that it is a common issues for cryptocurrency market. So I believe that in future bitcoin will be best asset for us.

[nullama]

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

That's not really true.

Bitcoin is a protocol.

That means that Bitcoin, like email, will continue to work fine even though your country doesn't like it.

It's such a powerful thing, but many people are not used to that.

[finaleshot2016]

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.

Well, It's not safe to say that bitcoin is immortal, if people on the higher grounds made a move just to prove that bitcoin isn't immortal, they can accomplish it easily. Bitcoin is unstoppable, yes. Majority of us now are using bitcoin, the system is very transparent, and it does offer equality to everyone due to p2p transactions. But of course, the system will be soon outdated, some interesting tech will might come in the future and obv, there are some organizations that will be desperately ruin Bitcoin because some countries are already taking advantage of it and gaining profits from it. Well, it might not happen but calling bitcoin immortal is really not practical term. But I agree that today, bitcoin is really a powerful thing.

[Arcticc]

bitcoin has no central point of failure it has a global network of developers and user. This help it recover from setbacks. bitcoin has many nodes around the world. A attack would need a lot of resources to stop it completely.
Quantum computing could affect Bitcoin’s security. But the bitcoin community is working on solutions. bitcoin can adapt, which makes it strong. bitcoin is tough. Governments or groups may try to disrupt it, but its core values decentralization security, and open source help it survive and restart in new forms. No system is perfect. bitcoin needs to keep the trust of its users and developers. Its future depends on how well it adapts to new threats while staying true to its core values.

[DPHOR]

When you put it that way, it is of course immortal because it is not possible to shut it down or centralize it or censor it or ... but Bitcoin is technology and like any other technology it has its limitations. I believe eventually Bitcoin will be replaced with newer and better technology. It won't happen any time soon though, maybe 10 to 20 years from now we see something better come along... specially with the way technology is advancing which is speeding up.

Yes you right sir.
Anything that would take over Bitcoin and its purpose has to be something that would solve similar problems or above what Bitcoin has been created for, which we all known as financial freedom. Anything that would be presented as financial freedom would have to be electronically (technologically) which could be a tap knowledge from Bitcoin development just as we have other altcoin and some other projects that is being launched on Bitcoin chain that was initially causing hike in BTC transactions fee. For now Bitcoin is seen as gold and Gold has been existing for several centuries and yet nothing has outshine the glory of Gold, it's still valuable till date that is how I am seeing Bitcoin to be as well, yes I agree with you but still nothing can bring down Bitcoin from it's position.

[Asiska02]

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.

As of today and time, Bitcoin is very irreplaceable and what can cause it to be replaceable is yet to be discovered. Base on what you’ve explained in your post, there is no way Bitcoin can be replaced or shutdown totally but that doesn’t mean it can’t be possible in the future. Whenever an innovation is at its prime, we always seem to see its immortality nature not until another newer technology is invented and people decide to move to there and begin to see the flaws in this one which make it vulnerable and mortal. Technology is advancing and there is not way Bitcoin won’t have a competition in the future to replace it, it may not happen now, but sometimes in the future, we will see newer innovations with good features that can stand Bitcoin technology.

[Z-tight]

You are right, there is no single point of failure, if there was, the government would have attacked it through that way and try to destroy it, even the creator of BTC, Satoshi cannot control or shut down the network, that is how decentralized and censorship resistant it is. Even if there comes a crypto with more utility than BTC, which i doubt, BTC will still continue to exist.

[hd49728]

Most of the bitcoin copies (at least Bitcoin Forks) failed to bear much less than bitcoin, so bitcoin failed to be decentralized that may not eventually lead to its value to be zero, but we will inevitably not see a similar model in the near future or that the use of bitcoin code again will not lead to creation A decentralized currency such as bitcoin.

Bitcoin won't die when its decentralization is broken or lost, because there are thousand of altcoins which are centralized are there. If Bitcoin no longer is decentralized, it will only become no longer better than altcoins, but it does mean it will become as same as altcoins or worse than altcoins.

Bitcoin has a biggest blockchain network with highest network hashrate, and I believe when it becomes centralized its network will continue to have highest hashrate and it means most secured blockchain.

How many confirmations are equivalent* to 6 Bitcoin confirmations?
https://howmanyconfs.com/

[MamBp9]

I still can't believe that bitcoin is immortal because everything had destruction and death. Bitcoin is not yet accepted is different countries of the world so I think bitcoin is still uncertain.

[nullama]

~snip~
Stopping Bitcoin? No, because the government is centralized, while Bitcoin is decentralized. They can’t shut down the network. The best they can do is try to discourage people from using Bitcoin through regulations. But that fear isn’t a big deal anymore since major countries have already legalized Bitcoin, which means we’re here to stay.

Exactly.

That's like trying to stop the Internet. It's very difficult because it is very resilient and decentralized.

Bitcoin will continue to exist long after companies, and even some countries exist.

Bitcoin is a protocol, so it will forever continue to exist, as long as there are people interested in using it.

[Fiatless]

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.

As long as the internet exists, I will agree with you, but if we wake up one day and anything that has to do with the internet is shut down, then bitcoin will go down with it. There is no way to communicate with the technology without an internet connection.

Aside from that, Bitcoin being decentralised alone has defeated the challenge of it being controlled and shut down by any centralised entity.

If the government decides to ban Bitcoin and make it criminal to own it.  People and institutions will avoid using it for fear of punishment. If there are no Bitcoin exchanges because the government has shut them down, Bitcoin will lose its liquidity which will discourage investors. Bitcoin is indeed immortal but government policies can make it lose its worth.    

[Russlenat]

~snip~
Stopping Bitcoin? No, because the government is centralized, while Bitcoin is decentralized. They can’t shut down the network. The best they can do is try to discourage people from using Bitcoin through regulations. But that fear isn’t a big deal anymore since major countries have already legalized Bitcoin, which means we’re here to stay.

Exactly.

That's like trying to stop the Internet. It's very difficult because it is very resilient and decentralized.

No one can stop the internet, but if they try to suppress Bitcoin through legal pressure, it will likely lead to fewer people using it, especially if it gets declared illegal. In that case, no legitimate company would want to use it either, fearing penalties. That’s exactly what we hope never happens because if it does, this massive market cap could crash, and Bitcoin might drop back to $1 or even lower, just like in its early days.

[Oluwa-btc]

I believe Bitcoin is immortal, because it has been ruling the world for a long time and will continue to rule in the future. The governments of all the countries that are opposing it so far will continue to oppose it in the future because the biggest success is Bitcoin at the moment. This matter has attracted my attention that so far, big people in the world have not been able to make any difference about it, so it will continue to operate with great security in the future.
 Maybe more advanced technology will be created in the future, but Bitcoin will continue to operate like this because it was created with the future in mind.

Truly and I totally love it for that significance,Bitcoin's underlying features is generally an revolution to  the financial and economical world.And as a result, Bitcoin has been able to earn it's reputation as a global digital assets with limited access to continuity and every other essential transparency.

It's approach to handle legitimate investments, decentralization and essence to improve adverse economic/financial systems have perceived it's value and acceptance.

[NotATether]

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

EMP collapses are mortal too. Checkmate  

But on a more serious note, we are unlikely to see any widespread destruction of the block chain if that were to happen. All it takes is one copy of the block chain to survive on someone's hard disk or optical media and we can quickly get everyone's balances back on track.

The wallets, now that's a different story. But that's why we have people write down their seed words.

Bitcoin is literally bomb-proof electric cyber-money.

[mindrust]

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.

[Swapter.io]

It can be said that Bitcoin is very resilient and is likely to exist for a long time. Its decentralization, security, and popularity make it reliable. However, calling it "immortal" wouldn't be entirely accurate, as technologies are constantly evolving, and something better could emerge. Nevertheless, Bitcoin currently looks stable and remains the leader among cryptocurrencies.

[Synchronice]

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.

No, if governments find a way to shut down Bitcoin, then there is no way for Bitcoin to survive with its original form because if they beat such a strong and popular system, then the new copy/paste won't have time to become as popular and adopted as the OG Bitcoin. If it happens what you describe, then we will have a need to create absolutely brand new Bitcoin that will be better than the OG version, that will be more decentralized than OG and much harder to ban then OG.

It's hard to say how immortal Bitcoin is. At the moment, I think it's immortal but after 20 years, 50 years, 100 years? Nobody knows.