I want to know what you guys think will be the biggest event for bitcoin in the next 5 years. What problems will be solved, what problems will arise, will mining centralize more (maybe in the US?) or disperse across the globe? When we talk about "bitcoin transactions", will we be referring to on-chain, or lightning transactions (i.e will lightning be more relevant to the avg user than on-chain)?
Are there any contentious BIPs, that could force another block-size type war? If there are none currently, what part of the protocol do you suspect may eventually lead to the next hard fork?
Please don't reply "the biggest event will be btc mooning/hitting 100k", I will delete those replies as they are not constructive.
I do think in the upcoming years we will see the following changes :-
1. Greener mining
2. More acceptance
3. Better developed lighting network
4. Less transaction fee
5. New and better forks to make sure the problems regarding transactions are solved
6. Price reaching a new all time high
Other than that I do think due to pandemic people have already realized the importance of Bitcoins and other cryptocurrencies. They will continue to flourish in the upcoming years and there will be more universities focusing on them in terms of educating young individuals about the blockchain and cryptocurrencies.
I definitely like these prediction for the next 5 years. I had bad trading experiences also my colleagues in terms of transferring coins from one wallet to another due to high fees, so definitely lowering the fees is the number one thing on my crypto wish list. Also easier conversion of your fiat to Bitcoin and vice versa that is the one we always want, easy access to our money. One click on an app will make your Bitcoin into cash for you to use to buy anything you want. Userfriendliness is really what I wanted in crypto and hopefully it will get easier and easier but also more and more secure, in the next 5 years.