Bitcoin will not die anytime soon.

[Berryfolia]

Bitcoin cannot die because its incentive model is crushing our current financial system without oversight by third parties.

Ofcourse, it is not without a risk but if someone would be able to crack its cryptographic system, then i will think its a game over a productive mind.
And again, if good people are more compare to the bad ones that know its open source,it is an added advantage and quite a good chance that vulnerability would be patched before any bad actors could make any damage or do anything funny.

Frankly speaking, it’s one of the best inventions in our life time, and would  strongly advice anyone to learn more about it because anything that’s worth doing is worth doing well.

[Joy- maker]

Bitcoin cannot die because its incentive model is crushing our current financial system without oversight by third parties.

Ofcourse, it is not without a risk but if someone would be able to crack its cryptographic system, then i will think its a game over a productive mind.
And again, if good people are more compare to the bad ones that know its open source,it is an added advantage and quite a good chance that vulnerability would be patched before any bad actors could make any damage or do anything funny.

Frankly speaking, it’s one of the best inventions in our life time, and would  strongly advice anyone to learn more about it because anything that’s worth doing is worth doing well.

I don't understand how bitcoin incentive model is crushing our current financial system or are they in a combat? our current financial system is operating very fine no threat from bitcoin, no crushing from bitcoin so where is this you talk coming from? Take it or leave we still need our current financial system to operate because they offer some unique characteristics that bitcoin cannot offer to us for example bitcoin cannot offer loans to individuals, businesses and government due to it discentralize nature but our current financial system can offer individuals, government and businesses loan


Our current financial system play a crucial role in facilitating economic growth, by providing financial services to individuals, government and businesses, bitcoin is not providing that financial services because many countries has not legal tender.

Our current financial system provide a  wide range of financial services for individuals and businesses, making it easy for them to manage their finances.

Our financial system are also driving Innovation in financial services, such as online lending, digital payments and mobile banking, which can as well increase financial inclusion and access to financial services.

[Dailyscript]

I have not seen any point you have made so far. Everything you mentioned has already been proving. The bitcoin development is an open source, it is protected that no one can manipulate the system not even the developers or the founder. Before now there have been people who would want to attack the blockchain to see if there is any loop hole, yet up till date no news of their success. The system is build on a solid foundation. I will fear anyone who can hack the system.

[Agbe]

Bitcoin cannot die because its incentive model is crushing our current financial system without oversight by third parties.

Ofcourse, it is not without a risk but if someone would be able to crack its cryptographic system, then i will think its a game over a productive mind.
And again, if good people are more compare to the bad ones that know its open source,it is an added advantage and quite a good chance that vulnerability would be patched before any bad actors could make any damage or do anything funny.

Frankly speaking, it’s one of the best inventions in our life time, and would  strongly advice anyone to learn more about it because anything that’s worth doing is worth doing well.

I don't understand how bitcoin incentive model is crushing our current financial system or are they in a combat? our current financial system is operating very fine no threat from bitcoin, no crushing from bitcoin so where is this you talk coming from? Take it or leave we still need our current financial system to operate because they offer some unique characteristics that bitcoin cannot offer to us for example bitcoin cannot offer loans to individuals, businesses and government due to it discentralize nature but our current financial system can offer individuals, government and businesses loan


Our current financial system play a crucial role in facilitating economic growth, by providing financial services to individuals, government and businesses, bitcoin is not providing that financial services because many countries has not legal tender.

Our current financial system provide a  wide range of financial services for individuals and businesses, making it easy for them to manage their finances.

Our financial system are also driving Innovation in financial services, such as online lending, digital payments and mobile banking, which can as well increase financial inclusion and access to financial services.

You're making a point and I agree with you because you saying Bitcoin is crushing our present financial system is somehow out of point because Bitcoin was designed to serve a different purpose not like our normal Fiat currencies so the comparison is out of place and it doesn't make sense to me, the fact is bitcoin and our current financial system serves different purpose so they can't be used as comparison in any way

[Promocodeudo]

I don't understand how bitcoin incentive model is crushing our current financial system or are they in a combat? our current financial system is operating very fine no threat from bitcoin, no crushing from bitcoin so where is this you talk coming from? Take it or leave we still need our current financial system to operate because they offer some unique characteristics that bitcoin cannot offer to us for example bitcoin cannot offer loans to individuals, businesses and government due to it discentralize nature but our current financial system can offer individuals, government and businesses loan


Our current financial system play a crucial role in facilitating economic growth, by providing financial services to individuals, government and businesses, bitcoin is not providing that financial services because many countries has not legal tender.

Our current financial system provide a  wide range of financial services for individuals and businesses, making it easy for them to manage their finances.

Our financial system are also driving Innovation in financial services, such as online lending, digital payments and mobile banking, which can as well increase financial inclusion and access to financial services.

I totally concur to what you said, in as much we have gone far in Bitcoin, I want the op to understand that our normal financial systems has it is own function which can not be left behind, yea no doubt Bitcoin has been the talk of the day but the truth is that we have to gotten where we are heading to because of the practical examples you gave, Bitcoin has not been adopted by the total world population, though individuals are still embracing Bitcoin investment but some countries are not still doing anything about it which is as a result of reason based known to them.

I think the op do not understand that Bitcoin and our current financial system operates separately without any form of conflict, I think the op does not understand that there's no way our current financial system will face out for Bitcoin to takeover totally, I won't go further because you've already said something's that go my attention that are very right.

[Berryfolia]

Bitcoin cannot die because its incentive model is crushing our current financial system without oversight by third parties.

Ofcourse, it is not without a risk but if someone would be able to crack its cryptographic system, then i will think its a game over a productive mind.
And again, if good people are more compare to the bad ones that know its open source,it is an added advantage and quite a good chance that vulnerability would be patched before any bad actors could make any damage or do anything funny.

Frankly speaking, it’s one of the best inventions in our life time, and would  strongly advice anyone to learn more about it because anything that’s worth doing is worth doing well.

I don't understand how bitcoin incentive model is crushing our current financial system or are they in a combat? our current financial system is operating very fine no threat from bitcoin, no crushing from bitcoin so where is this you talk coming from? Take it or leave we still need our current financial system to operate because they offer some unique characteristics that bitcoin cannot offer to us for example bitcoin cannot offer loans to individuals, businesses and government due to it discentralize nature but our current financial system can offer individuals, government and businesses loan


Our current financial system play a crucial role in facilitating economic growth, by providing financial services to individuals, government and businesses, bitcoin is not providing that financial services because many countries has not legal tender.

Our current financial system provide a  wide range of financial services for individuals and businesses, making it easy for them to manage their finances.

Our financial system are also driving Innovation in financial services, such as online lending, digital payments and mobile banking, which can as well increase financial inclusion and access to financial services.

You misunderstood me maybe because of that word “Crushing”  i said, it doesn’t mean that our financial system is not working again or something.Emphasis was base on their mode of operations that it is not encouraging, some people have tend to choose bitcoin over them because of its swift and favorable response they get and other factors as the case maybe.

Like in the case of emergency which is between life and death,banks are not doing well in this aspect because of fail transactions people do experience,and that’s one of the ugly experiences that make some persons not to be comfortable with it again,meanwhile bitcoin transactions there’s no such thing except unforeseen circumstance occur.

 Recall,during Covid 19 pandemic in Nigeria,it was a case that we could no longer account or give a clear statistic of death tolls because of bank-delay and fail transactions people encounter.Though,issues of this nature have made one to lose trust and confidence they build in financial institutions,so i urge financial institutions to improve on these areas.
Please I didn’t say that our financial system is not working but my point is that they should improve in some areas that they’re not doing well.

[Makus]

Bitcoin cannot die because its incentive model is crushing our current financial system without oversight by third parties.

Ofcourse, it is not without a risk but if someone would be able to crack its cryptographic system, then i will think its a game over a productive mind.
And again, if good people are more compare to the bad ones that know its open source,it is an added advantage and quite a good chance that vulnerability would be patched before any bad actors could make any damage or do anything funny.

Frankly speaking, it’s one of the best inventions in our life time, and would  strongly advice anyone to learn more about it because anything that’s worth doing is worth doing well.

Normally  anything wey get advantage  pass the disadvantage e mean say that thing dey good for adoption or to get am as property. Bitcoin Normally  na the first digital coin wey dem create and take it or leave it, if bitcoin price fall drastically to an unfavorable  price then every  crypto project seff go join am and that no be better experience, because coin go feel am. Actually the government  are getting  more interested in crypto Because originally  no be em be our problem though Nigerian government  are yet to make any better decisions about crypto, them still dey use their blind eyes dey look crypto as threat meanwhile  them get other major matter wey dem supposed spend their time to try solve make the country better.

[Cryptohygenic]

For my view why bitcoin don com to stay na em range of marketcap way don acquire very large numbers and on regular basis people still dey com in and adopt am and na so e dey dey stronger.
The reason for the massive adoptions way dey give am this strong faith say e no fit die na em potential values way be say no development way dey offer wetin the bitcoin dey serve in terms of securities, Privacies, em hedge potential of values and also em digital technology system way all be say your asset to dey save for any criteria of crisis for both economy and wars.
Not another system don dey developed way get all the convenience potentials than that of bitcoin, the community users go ever hold bitcoin and some go continue be alive.

[Joy- maker]

Like in the case of emergency which is between life and death,banks are not doing well in this aspect because of fail transactions people do experience,and that’s one of the ugly experiences that make some persons not to be comfortable with it again,meanwhile bitcoin transactions there’s no such thing except unforeseen circumstance occur.

I don't understand what you mean by this statement which I bored, because I don't know how banks are not doing well when it comes to emergency that has to do with life and death, and the last time I checked Bank is where we keep money and other stuffs, and not a hospital  that has to do with emergency, that is between life and death, so this your explanation no follow.

[Mehmet69]

I have not seen any point you have made so far. Everything you mentioned has already been proving. The bitcoin development is an open source, it is protected that no one can manipulate the system not even the developers or the founder. Before now there have been people who would want to attack the blockchain to see if there is any loop hole, yet up till date no news of their success. The system is build on a solid foundation. I will fear anyone who can hack the system.

It's not that the Bitcoin system is completely unhackable. But the reason why there has been no way to hack it so far is probably because it is decentralized.

Today's hackers have become much more expert. But they can't hack it because the concept of the Bitcoin system is not under anyone's control. If it were, it would be very easy to hack the Bitcoin system.

We are very lucky that Bitcoin is decentralized.

[Jostern]

Bitcoin cannot die because its incentive model is crushing our current financial system without oversight by third parties.

Ofcourse, it is not without a risk but if someone would be able to crack its cryptographic system, then i will think its a game over a productive mind.
And again, if good people are more compare to the bad ones that know its open source,it is an added advantage and quite a good chance that vulnerability would be patched before any bad actors could make any damage or do anything funny.

Frankly speaking, it’s one of the best inventions in our life time, and would  strongly advice anyone to learn more about it because anything that’s worth doing is worth doing well.

It is important to Understand that Bitcoin is a global asset, And also is important to understand that it’s not risk free. But one of the reasons why Bitcoin will not die is its important value in the future. But bitcoin isn’t crushing our economy, because bitcoin isn’t a legal tender in any country. Until it’s a legal tender I think that is when it would be crushing our economy just listen you have mentioned. And also bitcoin being decentralized that help it in a way that it’s security can’t be penetrated in any means.

[SatoPrincess]

Bitcoin and fiat can coexist without one being the end of the other. Bitcoin can be used as an hedge against inflation but the fiat system has its own advantages to the country in terms of international trade.
The only way the blockchain can be hacked is through a 51% attack and as far as I know, Bitcoin has never experienced a 51% attack.