The biggest hidden risk to Bitcoin is Success.

[sunsilk]

If the person is investing for a long term then he shall not be afraid because definitely he will not lost his investment. And as we have discussed years back.

They won't lose in the long run but they might be afraid of looking at the present losses that they'll have in paper.

That is what they don't realize in the long run that winners are made during the toughest time in the market especially for the holders of bitcoin.

It's testing people who are looking to hold for so long and those who can't be moved by any political deterrence and happenings.

[tbct_mt2]

You have made a very good strong point which is very valid as political concerns has influenced Bitcoin in a way but you also need to understand that Bitcoin isn't here to replace Fiat, it is not here to take over the position of how the modern government does their finance but to be a tool for investment, a modern finance intermediary for cross border payments and also as a currency where it gets the chance to, there are also other functionalities that Bitcoin can always serve in, mostly for utility and so the battle here is and was never to replace Fiat and so there will be no need for any of such fears to be nursed, it is mostly for the individual ownership when it matters, that's why it is decentralized.

You write like a very long paragraph with only one sentence. Why don't use dot to stop and break your idea expression into sentences for more comfortable reading and interpreting meaning for forum users.

Political changes in China, the USA and around the world in many nations don't damage, change or destroy Bitcoin decentralization but surely policy changes as consequence of political issues, geopolitical conflicts or pure economic issues in one nation can affect Bitcoin adoption here and there.

Bitcoin was not created to replace traditional bank system or completely replace fiat currencies globally, in a more precise word, Bitcoin was created as another choice for people who love decentralization, no censorship, and self-control. Who like it can use it, who dislike it can ignore it, while governments can not make a death for Bitcoin or destroy its decentralization.

[Zigabel]

You write like a very long paragraph with only one sentence. Why don't use dot to stop and break your idea expression into sentences for more comfortable reading and interpreting meaning for forum users.

Thank you for pointing this out, I have noted it and will take corrections in subsequent post and replies. I don't have the English language as my first language so I try my best to express my ideas in English as much as I can, do pardon my little flaws. But I'm hoping the message I intend to pass was gotten already.

[Filicius]

You write like a very long paragraph with only one sentence. Why don't use dot to stop and break your idea expression into sentences for more comfortable reading and interpreting meaning for forum users.

Thank you for pointing this out, I have noted it and will take corrections in subsequent post and replies. I don't have the English language as my first language so I try my best to express my ideas in English as much as I can, do pardon my little flaws. But I'm hoping the message I intend to pass was gotten already.

If you have difficulty expressing yourself in English, you can use AI responsibly to improve grammar and style, as long as it is your own words and ideas that you want to translate or improve. Just don't get too used to it and mention that you used it every time, to avoid that its use will cause you more inconveniences than benefits:

You can use AI to suggest grammar/style improvements, or to give you ideas, with you manually implementing those suggestions; but avoid directly copying more than a few words from the AI. However, I recommend against ever relying on AI writing advice very much, since mixed in with its good suggestions it'll usually also give bad suggestions which will just erase all personality from your writing. Better your writing be flawed and authentically-you than "correct" but stripped of any soul.

[Nathrixxx]

There are some risk in which they don't deserve to take, while we also have some that we can take all in our capacity to go for them, all we should look forward to is what is at stake for us to take any risk we are considering.

We should also weigh in the probability of losing to that of raining, it is more important as well that we know the conditions that can contain in any of the risk we are going for, the choice we made in Bitcoin investment determines how profitable we are over a long period of time, this is where we must keep learning to know more and gain advances exposure about other benefits we can derived from Bitcoin.

[BlackHatCoiner]

The moment fiat monopolies are actually threatened and governments realize they can't inflate away their debt anymore, the gloves will come off. They are already trying to choke out the on- and off-ramps.

As I have already said numerous times, the problem is that there has not been a smart solution that can bring bitcoin buyers and sellers together without a third party. No liquid solution exists, and that forces most capital to go into fully regulated centralized exchanges.

[criptoevangelista]

I believe our generation won't witness global Bitcoin adoption, far from it, but we haven't lost faith that this will inevitably happen one day... As for governments, there's nothing that can be done. Bitcoin is a tool that is impossible to stop, it's an eternal game of cat and mouse.

[Livingleged]

Did you not noticed anything when El Salvador made bitcoin a legal tender? More than 95% of bitcoin used for remittance were converted to dollar. Also as people pay in bitcoin, most merchants were converting it to dollar immediately. You should know what people can use bitcoin to do which is holding it as a form of investment. Bitcoin can be used for P2P and other things it is created for, but it can not replace fiat.

this is right on point if only you understand bitcoin and you are being very honest with your self, you'll have to agree that it is almost impossible for bitcoin to be accepted and put into use like fiat not to talk of even replacing it. bitcoin may have prove a point about self custody and sense of total control of ownership through decentralization and prove of work to carryout transaction through the use of p2p but it cant be as flexible as the fiat.

Op has already mentioned the extreme price volatility in bitcoin in his post which is a strong reason also as we cant escape it in this discussion no matter how we want to put it that high volatility will always be reason enough why bitcoin wont replace fiat so i am not going mention that again. best to say is that bitcoin is considered by many as store of value and not a replacement for fiat because even with the high volatility it has a strong edge against inflation when held for a long time. 

[m2017]

If Bitcoin becomes globally dominant; governments stand to lose monetary flexibility, debt-driven economies begin to weaken, inflation taxation becomes less effective and controlling capital becomes harder.

The key word is "if". Do you really think governments, especially in different parts of the world, will allow to lose control over finances? That is, they'll simply "throw out" the traditional financial system and adopt bitcoin? Is that how you envision it?

As much as I'd like bitcoin, I don't expect bitcoin to replace the traditional financial system.

States may tolerate Bitcoin while it is supposedly still growing in different regions. But widespread adopt could fundamentally challenge how modern governments finance themselves.

States are willing to tolerate bitcoin as long as it does not interfere with the control of citizens through the traditional financial system.

[RumorCipher]

I agree, Bitcoin becoming too successful could bring more pressure from governments. But banning or stopping it completely is not easy because Bitcoin is global and decentralized. What governments can do is make access harder through exchanges, banks, taxes, and regulations. So yes, the real test may not only be technology, but how much pressure Bitcoin can survive politically. 

[MusaPk]

The key word is "if". Do you really think governments, especially in different parts of the world, will allow to lose control over finances? That is, they'll simply "throw out" the traditional financial system and adopt bitcoin? Is that how you envision it?

As much as I'd like bitcoin, I don't expect bitcoin to replace the traditional financial system.

This is very much clear that governments won't replace the traditional financial system with bitcoin. The main reason for not adopting Bitcoin is because government don't have the necessary power to control this new financial system. Otherwise governments won't oppose using bitcoin. Despite this fact, bitcoin users are continuously increasing around the globe, resulting in increase in its price. As long as people continue supporting bitcoin, it's price will continuously go up.