Post
Topic
Board Bitcoin Discussion
Re: We have to be aware that bitcoin will not last forever
by
ShadowBits
on 20/12/2018, 14:01:36 UTC
Like all digital technology, it is unquestionable that sooner or later bitcoin will have to be replaced by a superior technology, just as in the past we saw many devices become obsolete when at the time seemed insurmountable, such as CDs or PCs.

Obviously this will happen in a gradual way, but I do not believe that bitcoin can retain its current dominance for more than ten years before starting to fall into disuse, although perhaps its influence could persist in the market about ten years.

In the end, bitcoin is likely to subsist for many years, but by then it will have evolved in such a way that it will be virtually unrecognizable for today’s standards, and in fact it is difficult that in 15 years there is something similar to the current cryptocurrencies before the spectacular advances in digital technology that are approaching.

I do not agree since I know that Bitcoin will last forever, but it would really depend if it will be still valuable to people to use it. It will last but the value depends on the people.