Re: What will Bitcoin look like in the future?

Quote from: Z-tight on June 18, 2024, 06:58:31 PM

Quote from: Aunt Lydia on June 11, 2024, 12:22:03 PM

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please Grin

It is very difficult to predict the long term future, as for freedom, BTC is obviously a currency that is free of direct government control, and it is going to always be that way. However, government regulation is increasing rapidly and there is an obvious attack against privacy solutions, the government wants to know what you do with your BTC's and how and where you spend it, so i expect regulations to get worst in the future and i notice people do not care, even with etf's and all, they just want BTC price to pump without minding how far government interference gets.

I can I agree with you about regulation of bitcoin in the future,. Bitcoin may gain more popularity and will be accepted more but at the same time the range of regulation will still be very high because the government believe that the public can use bitcoin as a means to secure their funds from anyone having details about it. What we are seeing about bitcoin today, in the future everything concerning bitcoin will be more. More investors, more adoption and the government would also want to regulate it more but it will be so tough for them because of the much adoption and how Bitcoin will become more advanced by then.