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Author Topic: When is the next bitcoin?  (Read 186 times)
bitbollo
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Today at 03:35:52 AM
 #21

Never. You can't ever realize another coin with ALL aspects of bitcoin since the idea is already well known. Easy.
There is no second best (as would say M. Saylor).
Once you will realize this it would probably too late Smiley . You can't have "another bitcoin".
Maybe another concept about money/value/asset etc yes sure we will see again. The same as been for gold, banknote, cash and all instruments for value.
 

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Today at 12:15:29 PM
 #22

Will there be another or a 'better' bitcoin in 30 years or so?

There is only one Bitcoin, and the good news is that Bitcoin is upgradeable, so there is no need for another Bitcoin to meet future needs. If in case, there is a new form of monetary system, it would not be called Bitcoin nor can be considered another Bitcoin, but a unique system itself.  But is there really a need for another monetary sytem in the next 30 years?  I think no because the world have yet to capitalize the potential of the current emerging monetary system.
I hear that. Why new monetary systems emerged because people saw cracks through the system and right now the challenges arising from bitcoin are still solvable on its own and have not yet gotten to a point where a new one is in need. But advancement is never stationary. It is ever evolving. So it could be a possibility but I see that there hasn't been any successful successor of bitcoin so far.
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Today at 12:16:09 PM
 #23

Will there be another or a 'better' bitcoin in 30 years or so?

There is only one Bitcoin, and the good news is that Bitcoin is upgradeable, so there is no need for another Bitcoin to meet future needs. If in case, there is a new form of monetary system, it would not be called Bitcoin nor can be considered another Bitcoin, but a unique system itself.  But is there really a need for another monetary sytem in the next 30 years?  I think no because the world have yet to capitalize the potential of the current emerging monetary system.
I hear that. Why new monetary systems emerged because people saw cracks through the system and right now the challenges arising from bitcoin are still solvable on its own and have not yet gotten to a point where a new one is in need. But advancement is never stationary. It is ever evolving. So it could be a possibility but I see that there hasn't been any successful successor of bitcoin so far.
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Today at 01:27:03 PM
 #24

Finally 2008 was the year that bitcoin was invented. It took almost 30 years since David Chaum's first idea for someone to finally get it right in the form of bitcoin. It may have been even longer. Technology took a long time to come to where it is now and technology may keep developing in the future. Will there be another or a 'better' bitcoin in 30 years or so?

I’m not quite sure how to put this. Okay, here’s the thing: historically speaking, Bitcoin wasn’t the first of its kind, but its creation marked the first tangible proof of the internet’s existence.
30 years is no short time. I believe there are signs that something is being prepared that could surpass Bitcoin’s greatness, but so far many have tried and none have truly surpassed Bitcoin. I think that even if there were, it wouldn’t be a coin.

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Today at 03:05:42 PM
 #25

Technology is advancing and definitely, new improved systems will emerge which will want to be similar to Bitcoin or perform a totally different role quite different from Bitcoin. What ever technology that will emerge that bears similarities with Bitcoin will never be Bitcoin, it can be called a different name. But what I do know is that Bitcoin is not a stagnant system/technology. Over the years, there have been lots of improvements, Bitcoin will keep improving to match up with the latest technological trends.
New projects can always appear and some may offer new features but that does not automatically make them the next bitcoin. Bitcoin is already something that newer projects still struggle to build, which is trust. It has beeen tested for many years, survived different market cycles, and still remains the main reference when people talk about crypto. In my opinion, future technologies may become important too, but they will probably have their own use instead of replacing bitcoin.
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Today at 04:25:04 PM
 #26

I believe Bitcoin worked, unlike the previous attempts, because it has come in the right time when internet was being widely spread around the globe. In previous decades, adoption was low, because third world countries still struggled to have access to internet. And considering the decentralized nature of Bitcoin, third world countries would be the most fertile areas for Bitcoin to be adopted, because people there would need Bitcoin for survival reasons, much more than citizens from first world countries where economy is more stable.

Now, thinking on what is coming next it's hard to predict, because Bitcoin supplies all the demands of the current market we have. There is no need for a new Bitcoin, or something superior to it yet. Within time, this may change, as new demands are likely to appear among investors and the public in general. But until there, Bitcoin will remain rulling the universe of digital decentralized finances.

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Today at 06:33:53 PM
 #27

It will be hard to think of something better outside of cryptocurrency, as Bitcoin revolutionized how internet/electronic currency should really function.
Whatever that could be made better and unique would need to more decentralized, secure, freer, faster, non-blockchain based, etc. Could be a consistently light-weight peer-to-peer deflationary currency system anyone can run as node on their smartphone.

I believe a better currency would still sound like Bitcoin even without Blockchain, because the principles Bitcoin is built on will still need to be adopted as they are common sense principles based on basic rights. Excluding one or more would make the future currency less superior to Bitcoin regardless of how fast and convenient it is. The better currency will need to include more necessary principles without compromising on security, decentralization and speed.
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Today at 06:57:01 PM
 #28

New projects can always appear and some may offer new features but that does not automatically make them the next bitcoin. Bitcoin is already something that newer projects still struggle to build, which is trust. It has beeen tested for many years, survived different market cycles, and still remains the main reference when people talk about crypto. In my opinion, future technologies may become important too, but they will probably have their own use instead of replacing bitcoin.
No one can limit us because new projects can be developed by anyone, but creating a project like Bitcoin is completely impossible because not all coins can perform what Bitcoin does. Technology is indeed evolving, but its uses can vary and it's difficult to replicate a well-developed project because there will never be a next Bitcoin. Bitcoin's ability to progress so far is quite proven and many now see it as a hedge like gold. Bitcoin is indeed speculative, but if held long-term, the intended hedge will be much more visible making it difficult for another project to emerge to become the next Bitcoin and I don't think that's possible.

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