Re: Why Bitcoin is doomed to fail, and there's nothing you can do about it.
I think Bitcoin has crossed the border risk, and cant die, maybe will addapt to survive
But if Bitcoin DOES die, it will come from a fully operational quantum computer that is controlled by the banks or governments.
The only other thing that will kill Bitcoin is a massive disruption of the Internet. But this will take down the banking system, as well.
See: https://bitcointalk.org/index.php?topic=460457.msg5084101#msg5084101.
if those computers come up new algos and new encryption will also come up. Circle begins again. No, bitcoin and crypto in general will not die in any way. It will only evolve from this point. Bitcoin is here to stay. Maybe other digital currency comes up, but that will be based on bitcoin in most parts for now.
At this moment in time there is no better thing then btc freedom-wise and also technology-wise. It will only become more free and more advanced. I think most if not all future attacks on btc will fail.
Just in case bitcoin fails: there are around 120 other blockchains out there that just want to take over. So who really cares? Even if btc fails: Some other altcoins come up.
Conclusion: buy yourself some good alts
Bitcoin is far from over.