Re: This is why I believe bitcoin will crush in the distant future
I strongly agree that in the future bitcoin will eventually disappear. Because many people do not inherit bitcoin, including me
right now who know my private key only me. Maybe the solution so that bitcoin can be inherited, from now on we save it
private key that is easily found by our immediate family. But if doing that is also a big risk, it's likely that our bitcoin stolen
can happen. When talking about the future of bitcoin it will never end.
right now who know my private key only me. Maybe the solution so that bitcoin can be inherited, from now on we save it
private key that is easily found by our immediate family. But if doing that is also a big risk, it's likely that our bitcoin stolen
can happen. When talking about the future of bitcoin it will never end.
Others have debunked this myth already.
Even if half of all Bitcoins in circulation become lost you'll only have to divide the remaining by 2 and treat 0.5 BTC like you used to treat 1. THis is also good news to all holders because their coins will become twice as valuable.
If we look at a very distant future, like 100 years from now, it's possible there will be too few coins in circulation for it to be used as a currency but it will still function as a store of value.
Also 100 years from now we won't care anymore because we'll all be dead.
