How can topic about Bitcoin be way to narrow? I don't get it. You can write about the blockchain technology in essence. You can write about its decentralized nature and why is it important for the world -snip-.
I gave you just some pointers, there is really so many things to write about out there. Just use your imagination and research.
I want a specific question as to which I will do my research on, most of your point here is related to Economics while I'm doing a Comp. Sc. related essay.
Ok, I see, my bad! Here is a possible good one. Possible influence of quantum computers on Bitcoin in the future. Is Bitcoin secure if quantum computers do show up?
Hmm, that and the earlier idea combined might just be it. Thanks for the contribution
If something like quantum computers do in fact get invented, not only bitcoin but pretty much everything that is online now would not be secure. As far as I know normal currencies use some kind of SHA encryption too.
Yes you are right. Banks are using similar encryptions for their cross banking services and online banking of their customers.
Yet, it would be interesting to speculate on certain problems and solutions that quantum computers would bring into all of the financial sector, together with Bitcoin!
Even the quantum computer problem is already solved. The fact that most people use a new bitcoin address each time would make a bitcoin quantum attack pretty much useless. In the future new addresses will be generated and used automatically.