Why I think Bitcoin is priceless and eternal!

[Jostern]

The electricity dependency argument applies to every digital system we rely on, banking, communication, cloud storage.

They're not maintaining value, right? Actually, we don't need to force this factor into the context of the value or existence of bitcoin itself, in fact bitcoin is too fragile to face all the noise of infrastructure, geopolitics, etc. It is evident that more rational thinking plays a role in placing confidence in bitcoin being worthy of being an eternal medium of exchange or store of value.

For now, let us acknowledge the fact that btc has been a very good part in our financial system. Look at the billion dollar market it is offering to anyone. A lot of big companies are teying to get involved.

That is absolutely true, bitcoin have been a mainstream in the world economy, and mostly we can also say that bitcoin have been very influential in shaping the world economy because of what Bitcoin brings to the table in terms of creating millions of dollars and have made so many people richer than they ever was in there lifetime, we have seen so many big companies and big investors go into bitcoin to buy and stock and hodl bitcoin and many people are still investing in bitcoin, which I think all this factors have made bitcoin priceless as much as I can think of the good qualities of Bitcoin.

But I don’t know if bitcoin is eternal, because we might all leave this world and bitcoin would still be here, so I don’t think anyone can answer that question of bitcoin being eternal.

[Solokan]

BTC does have the potential to continue rising in price, and of course, we don't know where it will go. It's also possible that BTC will reach trillions of dollars in the future, but who knows how many thousands of years that will take, but if God grants us longevity, we might see BTC reach $1 million and trillions. I also hope to see BTC reach $1 million and trillions. So, I think now is a good opportunity to accumulate BTC, as it will certainly rise significantly in the future, and those selling at the current price will likely regret it in the future.

But in my opinion, BTC won't last forever, as I believe the apocalypse will eventually occur, and all living things will die. So, I think now is a good opportunity to accumulate BTC, as it will certainly rise significantly in the future, and those selling at the current price will likely regret it in the future.

[mohdadeeb]

I think a lot of people see Bitcoin as “eternal” because it introduced the idea of decentralized value that isn’t controlled by a single government or company. Even during huge market crashes, the network itself has continued operating for years, which is why many supporters view it more as a long-term financial protocol than just a speculative asset. Whether someone fully agrees or not, it’s hard to deny that Bitcoin permanently changed the conversation around money, ownership, and digital finance.

[Somegory]

There is one thing that someone older than me used to say, he says never underestimate the future, and I believe it 100, bitcoin is eternal is not for me, I don't believe it, because it's like saying that the future will remain the same.

Look back in time, what have ever remain the same till now? There is a big chance that something new will come and deal with what Bitcoin has to offer and do things even way better.

There is one thing that the future has, the answer to everything, and old things shall pass away, do not underestimate the Innovations of the future, Bitcoin will be here longer but don't close door to the possibility of new better innovations.

[vs2014]

It is not too difficult for Bitcoin to reach a million dollars because its supply is limited and there is no possibility of increasing in the future. When everyone together holds Bitcoin and does not sell where will new investors get Bitcoin? It is really a matter of time when this event will happen. When people fully trust Bitcoin everyone will buy and save. It took a decade for Bitcoin to reach $100k but it won't take that long in the future. Because Bitcoin acceptance is now universal and people are now accepting Bitcoin not just for the potential to make money but as a digital currency.

[cxtreenal]

The assumption you have made is that many experienced analysts have made such predictions for the future price of Bitcoin. There are quite logical reasons for the price of Bitcoin to reach such a high level and it is very fair to expect it.

The world economy operates based on a criterion that if the supply of a product is limited, its price increases and if the supply increases, the price remains normal or decrease.

Due to the impact of the war in the Middle East the shortage of fuel oil supply caused an oil crisis in the world market and at the same time the price started to increase. If this war lasts for a long time and the important shipping system is not normal, there will be an oil crisis and the price of oil will increase sharply worldwide.

This was an example of how a shortage in the supply of any product is responsible for the increase in price. Bitcoin is limited to a supply of 21 million of which 20 million have already been mined, the miners will have to burn a lot of energy to mine the remaining amount of Bitcoin and there will be a huge increase in costs. Supply shortages will cause Bitcoin's price to gradually increase and this is an inevitable future.

[TeeTeen]

I am a new member in this forum. I want to know about this forum. I want to learn how to post like a senior member. I would like to request everyone to help me and give me guidance. Thank you. Best wishes to everyone.

[Floxynice]

But in my opinion, BTC won't last forever, as I believe the apocalypse will eventually occur, and all living things will die. So, I think now is a good opportunity to accumulate BTC, as it will certainly rise significantly in the future, and those selling at the current price will likely regret it in the future.

If the world stops functioning and bitcoin ceases to exist as well, we can say Bitcoin ended well because it didn't take anyone by surprise while everything was still functioning normally. To think about it, who would be there to talk about bitcoin if all living things die?

I am very optimistic about bitcoin. Bitcoin will continue to remain relevant as long as the world still exist and political and economic activities are functioning smoothly as well. Bitcoin has existed for quite a long time and with evidence of growth and consistency. I see no reason for anyone to doubt its ability to hit $1m and even more. It is very possible as long as there is life.

[YOSHIE]

Why I think Bitcoin is priceless and eternal!

So what things are eternal in today's world, likewise with Bitcoin nothing is eternal, what if you wake up and you see Bitcoin is gone and also with other types of crypto.

Bitcoin cannot work alone, on that basis Bitcoin cannot be eternal, one network dies so everything will end.

[blockman]

but many of our current users will see Bitcoins at a million dollars, and at that time only the lucky ones will have Bitcoins

That will be an insult for those who have overcome a lot of challenges, FUD and dips. They are not lucky when the price of Bitcoin reaches a million dollars and they have it, or I should say we? because I am also looking to hold until that time comes. It's not luck that will make them a part of that historical great price of bitcoin if it reaches a $1M soon. But it's because of their patience, belief and understanding that this asset is good for long term and that high price is not impossible. It will only take time but that time will come soon.

[BitBrainers]

There is a big chance that something new will come and deal with what Bitcoin has to offer and do things even way better.

The eternal debate misses the point. No technology is eternal. The internet replaced telegraph networks. GPS replaced paper maps. The question is not whether Bitcoin lasts forever but whether anything can replicate its specific combination of properties: fixed supply, no issuer, 15 years of uninterrupted operation, and global liquidity. Every competitor that has tried to displace it has ended up complementing it instead. That is not luck. That is network effect compounding over time. At some point the switching cost becomes so high that displacement becomes theoretically possible but practically irrelevant.

[Porfirii]

but many of our current users will see Bitcoins at a million dollars, and at that time only the lucky ones will have Bitcoins

That will be an insult for those who have overcome a lot of challenges, FUD and dips. They are not lucky when the price of Bitcoin reaches a million dollars and they have it, or I should say we? because I am also looking to hold until that time comes. It's not luck that will make them a part of that historical great price of bitcoin if it reaches a $1M soon. But it's because of their patience, belief and understanding that this asset is good for long term and that high price is not impossible. It will only take time but that time will come soon.

I hope, but I don't expect, to see Bitcoin at a million dollars anytime soon. And, if nothing changes in the next decades (serious internal problems, restrictive regulations, etc.) the million dollars range could simply mean that the dollar has been terribly devalued. I would prefer to talk about purchasing power rather than it's value in dollars, but we have been dragging this habit since the decade when dollars ousted the pounds as the reference currency. It should be time to change this.

[Agbamoni]

But in my opinion, BTC won't last forever, as I believe the apocalypse will eventually occur, and all living things will die. So, I think now is a good opportunity to accumulate BTC, as it will certainly rise significantly in the future, and those selling at the current price will likely regret it in the future.

They say "nothing lasts forever," and it is the sad truth.
There will be a time when this current technology will be outdated, and some industries will evolve while others will be left out. It is already happening with AI technology, and for Bitcoin, the technology is yet to work hand in hand with AI.