I'm curious, I have seen lots of people arguing over whether bitcoin will Rise to 50k maybe even 100k and then there are the others who argue it will fall.
I'm going to state a few facts :
Bitcoin is seen as the base of all crypto and most are compared to it on markets.
Bitcoin is unsustainable as it is. a 3rd of the world's energy is used to mine cryptocurrencies most notably bitcoin which is one of the most energy consuming.As a result, there are high transaction fees.
Now here is my opinion.
I think given these facts Unless bitcoin does not change in some form it will likely be overtaken due to the issues highlighted. This will happen as a result of the huge price which most cannot access and the unattractive nature to the rest of the world which doesn't want to invest in something so energy consuming and volatile. I think for mass adoption another coin will have o be the base to trade against like tether(which is experiencing problems) or UNY(which is rebranding) These stable coins will make crypto more attractive to many. IDK this is just my opinion and I'm welcome to counter arguments form everyone else.
I do not think those problems are difficult to solve, since many practical solutions have already been proposed to them and to many other concerns that have arisen in the community regarding the viability of bitcoin in the long term. And in fact many other threats will arise that even now we can not imagine, such as the development of quantum computing that could make our current cryptological protocols a children's game. But there is nothing left to rely on the ability and talent of the entire team of developers behind bitcoin, which has proven again and again their aptitude and experience.