Throughout history every currency that has ever come into circulation has been eventually devalued to 0, so will cryptocurrency last forever?
If Bitcoin
BTC is being viewed as 'digital gold' for the similar properties that the crypto shares with the precious metal, some wonder, how long will Bitcoin exist?
As long as there is an internet connection - theoretically speaking yes, cryptocurrency could last forever. However, we don't know what the internet may do or look like in 100, 500, or 1000 years from now!
Before i continue, Incase you are worried about what all these cryptocurrencies might be heading to, DON’T GIVE UP!!! I almost gave up too I still believe in Cryptocurrency.
Please Note: This is me just telling you about my personal experience so far so good about investing on the only legit cryptocurrency investment platform i have seen online, I am in no way trying to advertise or give you a financial advise on how to spend your money. You can make your research and if you find the platform deem fit then you can go ahead just like i did.Unless there is some unknown force of nature or science that could potentially wipe out internet servers, Bitcoin's protocol was designed to be ever-lasting, decentralized and self-sustainable, valued by the faith of its users and investors.
Countries can outlaw cryptocurrencies by banning the use or purchase of crypto. However, this is incredibly difficult to enforce. Several nations have banned Bitcoin, however, people are using VPNs to access exchanges, and store their wealth either on or offline.
Ultimately, Bitcoin and other cryptocurrencies are code, so to try and remove them from circulation would include the removal of the internet... It's very unlikely!
Bearing in mind that cryptocurrencies exist in a free market, and are valued on supply and demand of an asset, there's a chance something could happen in the future in which people lose faith in a project or currency, and it could quite easily drop to zero.
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