What will Bitcoin be in 20 years from now?

[Gozie51]

How do you see Bitcoin in 20 years?
-price?
-utility?
-Market cap
-government
-poeple

1. Price: I see the price of bitcoin rising to 300 - 500 and staying steady around 300,000 above.

2. Utility: Bitcoin usage will become more popular because adoption will follow from what will are seeing with legislations around the world on bitcoin official use. So more businesses will open payment with bitcoin and bitcoin investment will increase from institutions as a store of value and investment. The decentralised nature of bitcoin will give it more trust and strengthen the use and acceptance. It will be recognised and use as gold online, that is digital gold that will be preferred for every online transaction.

3. Market cap: The price of bitcoin is around $92,000 and with market cap of $1.8. trillion at the moment. So I believe its market cap in 20 years time may get to $12 trillion because more users will abandon altcoins to invest all in bitcoin as they get disappointed with shit coins.

4. Government: They will adopt it but with high level of regulations and they will fail because bitcoin is decentralised.

5. People: Surely more people will use, hodl and invest in bitcoin as store of value. In fact, in 20years time, the strength of bitcoin as a community project will be more glaring because a large percentage of older people now will be more aged and their finances will be controlled by either trust fund, trustees or children and they will most likely prefer the use of bitcoin, this means most financial assets will be converted to bitcoin. And more is that some people will "kick the pocket" and bitcoin will show itself as next generation digital currency.

[FortuneFollower]

There's a possibility that it will rise to 500k to 1m in the next 10-20 years. Just like before, many people didn't even think that Bitcoin will reach 100k but It did happen. I think many government will take interest in Bitcoin especially those who banned the use of Bitcoin and the market cap I think will surpassed gold or maybe the same as gold. For it's utility, I think many shops will now accept Bitcoin as other mode of payment. I think more people will invest in bitcoin but as we all know that only time will tell.

Everybody will see BTC for what it truly is - an alternative to be used, not to be only hoarded, on all the levels we can imagine - reserves, locally, and in between.

I hope this will be the case, of course, nothing is certain with such time frames.

[Olatundespo]

How do you see Bitcoin in 20 years?
-price?
-utility?
-Market cap
-government
-poeple

The progress that Bitcoin has made in the past years will surely continue in the next 20 years. We can only speculate. Many are optimistic that Bitcoin will reach $1 million, but I don't think it will. Bitcoin will probably be worth $400k-$600k in the next 20 years.

The number of people who save on Bitcoin will increase several times compared to today and many countries will accept Bitcoin for goods and services. Many countries will store Bitcoin in central banks to strategically increase reserves.

Bitcoin will become more widely known as a global store of value and most people in the world will consider Bitcoin accumulation more seriously than traditional assets.

[nemesis_incarnate]

How do you see Bitcoin in 20 years?
-price?
-utility?
-Market cap
-government
-poeple

The progress that Bitcoin has made in the past years will surely continue in the next 20 years. We can only speculate. Many are optimistic that Bitcoin will reach $1 million, but I don't think it will. Bitcoin will probably be worth $400k-$600k in the next 20 years.

The number of people who save on Bitcoin will increase several times compared to today and many countries will accept Bitcoin for goods and services. Many countries will store Bitcoin in central banks to strategically increase reserves.

Bitcoin will become more widely known as a global store of value and most people in the world will consider Bitcoin accumulation more seriously than traditional assets.

I would rather say even though more people will have BTC, much more of all the supply would be in the national reserves of the richest counrties there are.

It will be a sign of stability, prestige, and tech triumphant, but mostly the two first things.

[ruykeri]

It is completely unpredictable what level Bitcoin will reach in 20 years. However, if we try to predict the future by analyzing the past and present, then in the future the number of Bitcoin users will increase a lot and many countries in the world will approve Bitcoin. When big and powerful countries approve Bitcoin, the rest of the developing countries in the world will start holding Bitcoin as a reserve. And this will happen if the price of Bitcoin increases. And the possibility of that is very high in the future. Now we have to wait and see how Bitcoin will be in the future and how the government and people will see it. However, I personally think that the value of Bitcoin will be much higher than we imagine.


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[Rustam Meraj]

Means in 2046, so in my point of view Bitcoin will have reached the state of grown up asset following another 5 halvings, and most of its total supply will have been mined. Most of experts say that in order to be successful, Bitcoin should take market share of gold. In case Bitcoin reaches current market share of gold, which is about 14-16 trillion, price of Bitcoin can go up to 800,000, and in worst case, price of Bitcoin can grow to 1 million to 2.9 million per coin.
At that point, it is likely that Bitcoin will be used on internet as invisible base layer behind scenes, and technologies such as Lightning Network will be used to handle fast payments worldwide and even have AI bots pay each other for data or energy. Political crypto war will probably come to an end, and leaders will use their own virtual money to pay daily taxes, but they will have Bitcoin stored as plan reserve to play against price rising process. I think most successful form of Bitcoin in two decades is one that turns out to be boring, steady and unseen base of economy we do not have to look at every hour anymore. After all, you probably will not be purchasing Bitcoin in 2046. You will just be part of a global money system that will run on it all.

[Lorence.xD]

More adoption, more volume, more ways to spend it and for the people to have a good alternative to the fiat.

That's obvious that all of that would happen but to me, looking to predict the future is pointless because humans are constantly killing each other anyway and unless we don't nuke ourselves to stone age by that time, we would see bitcoin go to a point that I think a lot of us would've been unable to imagine right now, I think that sats will be the new premiums of bitcoin and 1 whole bitcoin is going to be the holy grail for many.

[icebar]

20 years is a long time for Bitcoin. I believe that Bitcoin will be worth 1 million each within the next 12 to 14 years. The interest that has been created in Bitcoin worldwide certainly indicates that in the next few years some countries will start using Bitcoin. Some countries will reserve it officially. Institutional companies will try to increase their holdings even more. That is, the demand for 21 million coins will increase massively. If these activities do not occur within the next 3 halvings, then it seems very natural to reach that level within the next 20 years.

[Jegileman]

How do you see Bitcoin in 20 years?

Bitcoin in 20years will become a very more popular and much valuable asset to hold. It has really shown that potential that in 20 years, it’ll only become more and more valuable thing to be part of.

-price?

Bitcoin price is going to skyrocket and with the way the market is going, Bitcoin will continue to be on an uptrend trajectory, so in the next 20 years, Bitcoin price would have increased drastically the more.

-government

Government is one of the biggest stumbling blocks one can actually come across when it comes to bitcoin adoption. In the next 20 years, I don’t still think that the government will be welcoming the idea of decentralization until they’re able to censor everything into their own system.

[Powerjumboo]

There's a possibility that it will rise to 500k to 1m in the next 10-20 years. Just like before, many people didn't even think that Bitcoin will reach 100k but It did happen. I think many government will take interest in Bitcoin especially those who banned the use of Bitcoin and the market cap I think will surpassed gold or maybe the same as gold. For it's utility, I think many shops will now accept Bitcoin as other mode of payment. I think more people will invest in bitcoin but as we all know that only time will tell.

The price of Bitcoin will reach from $500,000 to more than $1 million in the next 10 to 20 years. I think the price of Bitcoin will reach from $1 million to $2 million in the next 10 to 20 years because Bitcoin has now become the most talked about and popular currency among people and the governments of various countries are now accepting Bitcoin as their country's reserve and they are introducing Bitcoin transactions in banks. If Bitcoin continues to move forward like this then of course Bitcoin will be very valuable.

[d5000]

-price? utility? Market cap [...] government [...] p[eo]ple

I have 2 scenarios in mind.

1) Bitcoin standard / currency scenario

- Price:1-1.5M, with volatility lower than current gold level (around 0.5 according to this index)
- Market cap: 20-30T
- Utility: Bitcoin will circulate mostly on second layers like sidechains, Lightning, Ark, and others we've never seen. This means that at least the BTC unit (not the on-chain BTC) can be used basically for everything, with low fees. Onchain BTC transaction fees will be expensive, but I think the fee level will be about the one we've seen in late 2017 (about $10-30 per transaction), not much higher.
- Government: Bitcoin will stay regulated but bans (e.g. for "payment" usage like in China or Turkey) will be lifted in most countries. Most central banks will have a couple of BTC in their reserve. More conservative governments will use partially Bitcoin-backed fiat-like currencies, for example based on a basket which includes Bitcoin, but with some more flexible components so the Central Bank can still expand the supply in times of recession. Other governments may switch to a deflationary model.
- People: Around 1-2 billion people will own Bitcoin or one of its derivatives.

2) Speculative scenario

- Price: 5k-250k (very wide range)
- Market cap: 200G-5T
- Utility: Bitcoin will be used approximately the same way than it has been used the last 15 years. People will still try to ride the bull-bear waves. For some time, volatility will reduce a bit further, but then Bitcoin will come to a point where we see a certain exhaustion, very much like the big altcoins now (Ethereum, Solana) and where it becomes increasingly difficult to hit new ATHs. This will lead to at least one spectacular crash of 90% or more. But then, again people will jump on the train, and the game will rinse and repeat, with new ATHs not being impossible.
- Government: Only a few will invest in Bitcoin. Some governments will sell most of their Bitcoin once they made a decent profit. The regulatory uncertainty will prevail.
- People: There will be less than 500 million Bitcoin users, with people entering and exiting and re-entering all the time.

I think it's quite clear which scenario I prefer. To advance in that direction. I think scalability and adoption by merchants is very important. Thus I disagree with this:

What matters isn’t day-to-day usage but the properties it enforces: fixed supply, predictable issuance and resistance to discretionary control. Those properties don’t need mass daily spending to be valuable.

The problem with that assumption is that an asset which isn't used in day to day spending would still have a tendency to be volatile, just like gold and Bitcoin today. That will be an obstacle for the "reference" function.

[finaleshot2016]

How do you see Bitcoin in 20 years?
-price?

No hopium for this one but if the cycle continues, it can possibly catch-up gold or maybe reach what gold have achieved today and it's being used as a global asset, btc payments everywhere where are society is very digitalized.

-utility?

Like what I've said above, it's used for global payments, people are now very open using it and a lot are doing payments using crypto.

-government

Could potentially find a way to tax the people, this is what government does. If not, they will definitely regulate it, different admins ofc different ideas, can't predict what will happen to each country so it'll be a different approach but one thing I'm sure about is that they will def find a way to set fees on it. Ofc they want to milk a thing that exists and used by their people.

-poeple

Still using and embracing the bitcoin, realizing that it's a gateway for more finance opportunities.

[tabas]

How do you see Bitcoin in 20 years?
-price?

$1M+

-utility?

Probably as an asset and mostly will use it as an investment, retirement fund and any other kind of treatment it has got based on its value that keeps on growing.

-Market cap

Do the math for how much it will be above $1M.

-government
-poeple

We're already seeing that many governments now are considering to have bitcoin for their reserve, they want to invest. And just like us, the people, we are also investors. So the same thing is being done by the government but, instead of the whales having more Bitcoin. It's likely that countries will have more in their stash for their bitcoin strategic reserve and wealth of their nations.

[qurbanshah02]

There's a possibility that it will rise to 500k to 1m in the next 10-20 years. Just like before, many people didn't even think that Bitcoin will reach 100k but It did happen. I think many government will take interest in Bitcoin especially those who banned the use of Bitcoin and the market cap I think will surpassed gold or maybe the same as gold. For it's utility, I think many shops will now accept Bitcoin as other mode of payment. I think more people will invest in bitcoin but as we all know that only time will tell.

The price of Bitcoin will reach from $500,000 to more than $1 million in the next 10 to 20 years. I think the price of Bitcoin will reach from $1 million to $2 million in the next 10 to 20 years because Bitcoin has now become the most talked about and popular currency among people and the governments of various countries are now accepting Bitcoin as their country's reserve and they are introducing Bitcoin transactions in banks. If Bitcoin continues to move forward like this then of course Bitcoin will be very valuable.

Bitcoin is quite strong and a good investment and quite popular and it is a coin that other countries accept. But it is irresponsible to tell its value in this way because if we do it in a joke then it is not very good. You said exactly that the country is now collecting it for itself and it should do it because that is why it will give a big benefit. But some people are overestimating its value in the coming years but in reality it can happen but it is also difficult. Bitcoin is quite far from that at the moment and in 1 year Bitcoin has not shown much special performance although it went up but now it is still down. In my opinion Bitcoin will go up a lot and who knows it will go up even more than this amount but it is a joke for now.

[BABY SHOES]

-price?

Price... $1,000,000 ++ the next 20 years.  

-utility?

As a country's strategic reserve, even more adopt.

-Market cap

The market capitalization will be equivalent to gold or could surpass it if the bitcoin price is millions of dollars.

-government

Governments will be friendly... maybe even allow it as a payment transaction in many countries.

-poeple

People are starting to realize that bitcoin is the most profitable asset in the long run.
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That's what the next 20 years think.

[Rgram]

How do you see Bitcoin in 20 years?
-price?
-utility?
-Market cap
-government
-poeple

To be frank, I don’t really see why we should speculate into Bitcoin in 20years. That’s way too far and even speculates into more time than Bitcoin have being in existence. Besides, would this information be the reason why one would want to invest, like some multinational factor or something? I don’t really see the need and it would do us a lot of good to speculate into the new feature given that, having to archive it would be more encouraging.

[Sunshine1525]

How do you see Bitcoin in 20 years?
-price?
-utility?
-Market cap
-government
-poeple

To be frank, I don’t really see why we should speculate into Bitcoin in 20years. That’s way too far and even speculates into more time than Bitcoin have being in existence. Besides, would this information be the reason why one would want to invest, like some multinational factor or something? I don’t really see the need and it would do us a lot of good to speculate into the new feature given that, having to archive it would be more encouraging.

Everyone is anxious of what would become of Bitcoin in the future so I don't see anything bad in speculating what it would be in 20 years from now, to you the time frame might be too far but it's still the future and as we all know a lot could change before then but since we don't know exactly what the future holds cause we don't  posses the ability to tell that as humans so the least we can do is speculate what could likely be the future of Bitcoin.

However, it took Bitcoin 15 years to reach 100k and since then the market cap has increased,  gained varieties of use case and even seen as one of the best asset currently, market cap increased and several governments are beginning to embrace it, so if all these positive changes could happen currently it means that there's lot more better days ahead and Bitcoin has the potential of reaching $1m by then.

[tread93]

Not my opinion but let me quote what satoshi has said about back then.

I'm sure that in 20 years there will either be very large transaction volume or no volume.

So, 16 years has come and we'll have to wait for the remaining ones after telling that but, we can have an idea that he's very right about it that there are now very large transactions.

And my personal opinion for the next 20 years, it's gonna be one of the most sought after asset that people have regret not taking it earlier when they can.

I'll leave the price in your mind, maybe a million.

Yes I couldn't agree more, it will cointinutally make people upset for not buying sooner. It will always be in a place where people think its the top but in reality its very close to the bottom because it has soooo much room to grow. In 20 years time it could even be tens of millions of dollars depending on what we see here in these next few decades. Its exciting!

[ancafe]

How do you see Bitcoin in 20 years?

I don't want to dwell on this too much, but I'm optimistic that the price of Bitcoin will increase in the coming year based on the cycles it might experience, and vice versa for other processes. What I want to achieve now is consistent buying so that over the timeframe you mentioned, we have an asset that continues to generate maximum returns even when we're no longer working. Almost all governments around the world are starting to open up to Bitcoin and this is evidenced by the use of Bitcoin as an investment asset, although some have not fully accepted it. I believe this is a positive impact on Bitcoin's future because trust is increasing and bitcoin is also seen as a store of value like people used to hold gold..

[GreatArkansas]

How do you see Bitcoin in 20 years?
-price?
-utility?
-Market cap
-government
-poeple

In the next 10 years, I think Bitcoin might be above $500,000, and in the next 20 years, I think it will be at $1 million or even more. I am sure Bitcoin utility remains the same, but I believe its use has become much broader, maybe reaching entire countries, or even rural areas. Bitcoin market cap might be approaching that of gold, or stable above that of silver. Regarding government, I am sure governments will increasingly encourage adoption or increase their Bitcoin holdings, but who knows, the cycle of changing governments might change that. Regarding people, I am very confident that people will be familiar with Bitcoin someday, and I am sure all generations, including the new generation, already consider Bitcoin to be very valuable for that time.

I am more excited about the government and people side compared to the price.
Because what I am really excited about is that soon most countries will treat Bitcoin as a national reserve, like it will become standard for every country. I know this kinda impossible for now, but in 20 years? For sure a lot of things will change.