Can Bitcoin Be Destroyed?

[Somegory]

Here are ways to destroy buy Bitcoin

1. Hack Bitcoin Blockchain
2. Control all Bitcoin mining hashrate, take it all as yours.
3. Find Nakamoto and make him
4. Kill all humans on earth.

Bitcoin is not in control of a human or small group of people, the best times to have attack was it's early stage in life, now it's like Nakamoto in million places, it's way beyond the control of any powerful being to handle, sorry it's not possible.

[lionheart78]

I cannot find any way for Bitcoin to be destroyed.  The fact that the code is preserved and have lots of back up on different pc in the world, there is no way Bitcoin can be deleted.  People may modify or alter but the original code itself is preserved, so anyone can just revive Bitcoin if they want to, although the economic impact might be unknown.

The Bitcoin ecosystem can be destroyed, but Bitcoin itself, being a code is indestructable as long as there is an existing back up.

[PostQuantumBTC]

From my understanding, the price of Bitcoin can be affected by politics, the stock market, and macroeconomic factor. But its network is not. It is almost completely independent from those factors.

As long as nodes and miners continue to operate according to the protocol's rule, Bitcoin will never become centralized regardless of how its price is manipulated.

Even as the price is controlled by all these that you mentioned, the price of bitcoin is still increasing. If the politics, the stock market, and macroeconomic factor makes bitcoin price to go down, at last the price will still increase which will makes the negative news not to have effect on bitcoin in long period of time.

Regarding whether Bitcoin can be destroyed. I think we have already had many similar discussion, and most people believe that it is impossible.

What if the government all over the world go against bitcoin? This is far from happening but it is possible. Although I understand you, even what makes bitcoin to be a success, it shows how difficult it will be for such to happen.

[chenille]

Bitcoin can't be destroyed, it's a very resilent asset and we need all global players to destroy it, which is pretty much imposible.
Bitcoin as a decentralized system is very resilent and to get it destroyed, we need a concetred action by all global players

tl;dr Bitcoin is too decentralized to be destroyed

[SilverCryptoBullet]

Why was bcash introduced?
A real problem existed called "scaling bitcoin" that wasn't being solved. So some malicious entities came along and took over that part of community that were seeking a solution and weren't finding any. Then called their creation "the real bitcoin".
Now don't rush to respond by saying "they failed to take over; bcash is a failed shitcoin" blah blah. We aren't discussing success rates. We are discussing an existing threat caused by ignorance.

You meant about BitcoinCash, not BCash that is one of precedents before Bitcoin was created by Satoshi Nakamoto.

Bitcoin Cash is a shit coin and Roger Ver together with his team tried hard but failed to succeed with this shitcoin.
How they tried hard to scam people with their website, to call BCH as "real bitcoin".

To newcomers: make sure when you buy bitcoin you are buying bitcoin!
Has Bitcoin.com stopped presenting Bitcoin Cash as the real Bitcoin?

[OgNasty]

As others have stated, I don't think Bitcoin can be destroyed.  I am more interested in the discussion about a single Bitcoin unit though.  For example, if someone moves a single satoshi to an address, is that satoshi considered destroyed?  Can it be spent or serve any purpose?  Is that the same thing?

Some might say that moving BTC to an address with no known private key may be destroying it, but to me I would say that is more like misplacing it.  I don't think a "Bitcoin" can be destroyed as a result.  It can only be misplaced or forced into dormancy. 

[Ojima-ojo]

There is only one posibily way to destroy Bitcoin, and may be only the creator santoshi Nakamoto can destroy Bitcoin but anything other than that will be a hard quest to accomplish.


Bitcoin is not immortal, and as much as there is government determination and collaboration it can get destroyed but the chances of this I very unlikely to happen ever.