Post
Topic
Board Bitcoin Discussion
Re: About the future of bitcoin - What are you worried about?
by
LogitechMouse
on 13/10/2022, 03:20:45 UTC
Quote
1. Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
2. "I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
1. I didn't know that Bitcoin is still in beta software but thanks for this one. With regards to putting all of your money into BTC, I agree with it because I believe in diversification and when I say diversification, it means putting money into different assets like Crypto, Stocks, Bonds, Real Estate etc. etc. Maybe there is some here who puts all of their trust into BTC thus, they went all in into it and there's nothing wrong with it since it's your decision and money. Just be ready if incase...

2. This is the one that I worry about. This one depends on the adoption of Bitcoin worldwide because either people will integrate Bitcoin in their everyday lives or not at all. It's either we see people trading Bitcoin or using Bitcoin in our daily transactions or not at all. On the contrary, we've seen Bitcoin's volume if not increasing remain sideways on a day-to-day basis, but it isn't still safe to say that Bitcoin will not disappear after 20 years. That again depends on the adoption of Bitcoin.