Post
Topic
Board Bitcoin Discussion
Re: What's the future of digital currencies?
by
Poker Player
on 06/01/2023, 09:42:27 UTC
The future is very difficult to predict. Based on what is there now, we can see the likely things, and we will still err. You can look at the movie Back to the Future, for example, there are some things it got right and some things it got wrong.

Big innovations like Bitcoin that change the world are always rare. If they happened everyday they wouldn't have been as exciting to watch them unravel. This is one of the reasons why we haven't seen any groundbreaking innovations in this scene.

I agree, when the wheel was invented, which marked a before and after in transportation, more than 5,000 years had to pass for another such radical revolution, which was to be able to fly.  What we cannot predict is what we cannot even imagine today. Imagine explaining to someone in 1800 what the Internet was going to be. He couldn't even conceive it. Let alone if you go much further back in time.

In any case, I think the most likely thing for the next say 10 years will be that Bitcoin will continue to exist and revalue in purchasing power, that CBDCs will be implemented and that most shitcoins will go to hell.