Post
Topic
Board Bitcoin Discussion
Re: Can bitcoins become worthless?
by
BlackPanda
on 04/01/2018, 22:59:55 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.

Bitcoin has not only information and the army of its believers, Bitcoin overcome the border between virtual world and reality. It built banks, spread widely ATMs. It have become the serious business brand.
Bitcoin is a solution for future money circulation. The form of digitizing currency is a new thing and Bitcoin was created to facilitate all the financial transactions we do. I am sure if one day Bitcoin can be accepted by all people in the world and most importantly Bitcoin is not owned by anyone, Bitcoin is a centralized financial system owned by us all.