a lot of people say that bitcoin is not a stable currency since there are alot of fluctuations in it.
Even USD has some fluctuations if you compare it to the currencies of another country but thats not the issue though
Its great to make predictions, but lets take some facts that bitcoin needs to solve.
I see a flaw within the coin itself, I`m a huge advocate for bitcoin. But, it has a serious double spending issue
Double spending is an issue but it is not the main issue here. The main issue would be its slow transactions process which needs an average of 1 confirmation/10 minutes
Double spending is a problem for those of us who don't understand how things work. Double spending can easily be spotted. It's not a ghost that operates under the radar.
If we are talking about the future of
BTC. I would assume that it will be use in general by most people. Probelm is not everyone knows how to spot this things as most people are techsavvy. You cant expect the elder to spot a double spend if they were to use
BTC as transaction
The only thing I agree with as being a serious problem is once all Bitcoins are mined.
You can't just expect pools and mining farms to burn lots of power and hardware for a few transaction fees, just to keep Bitcoin secure.
It will depends on the value of
BTC itself. Most people stop mining due to that the cost of mining > the value of
BTC. Once all
BTC mined, I think it is safe to assume that the value of the coins might be high . Since people wont be mining all
BTC if the cost for mining is still higher tham the value of
BTC though