Post
Topic
Board Bitcoin Discussion
Re: Can bitcoins become worthless?
by
BabyBoss
on 03/01/2018, 12:14:37 UTC
For me possibly to yes. History is littered with currencies that failed and are no longer used, such as the German Mark during the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were typically due to hyperinflation of a kind that Bitcoin makes impossible, there is always potential for technical failures, competing currencies, political issues and so on. As a basic rule of thumb, no currency should be considered absolutely safe from failures or hard times. Bitcoin has proven reliable for years since its inception and there is a lot of potential for Bitcoin to continue to grow. However, no one is in a position to predict what the future will be for Bitcoin.
Correct, no ones predict what will become the future of bitcoin. Bitcoin is really stable in the marketing price although there are ups and downs still the price is not too much drop at very low price. Bitcoin will become useless without internet, it will be no use without software or hardware wallet or the safest wallet where we need to store it. Bitcoin has many kinds of so called disadvantages when we all think about it but even there are disadvantages there are also advantages on using it.