Post
Topic
Board Bitcoin Discussion
Re: Could bitcoin become extinct?
by
gaserrayu
on 06/02/2024, 08:36:22 UTC
For the time being, I believe there is less chance that bitcoin will go extinct because it is already widely known and has a strong, globally distributed network of nodes, as well as miners and users. I think this strengthens its position and makes it difficult for any new cryptocurrency to surpass its level of adoption.As a long-term asset, bitcoin is less likely to become extinct since, in my opinion, it has developed into a widely accepted store of value and the perception of scarcity