Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin exit forever?
by
Cryptomultiplier
on 05/07/2024, 12:01:49 UTC
Alright, so here’s my scoop on Bitcoin. It's designed to be a decentralized and lasting store of value, but its future ain't set in stone. For it to keep going strong, people gotta keep wanting and using it, the network of computers verifying transactions has to keep working, and we can't find any major technical issues that mess things up.

On the other side, there are risks. Governments might crack down on it, other cryptocurrencies or tech might take over, security threats could arise, or folks might just lose interest. So, while Bitcoin's got potential, it's still a bit of a gamble.
Bitcoin investment is a wise choice investment that is sure to yield profit and be a good hedge against the inflation going on in any country or for individuals who understand how to DCA properly and trade during favourable market conditions.

The forever in this context of Bitcoin's existence is when it gets to 21million coins as projected and calculated, that's if all things remain equal according to the way it was formed. Am sure that the amount of years it would take to get to 21million coins is forever for many of us because generations would have been born, lived fully and have died to hand over to other generations for it to fulfill this mandate.

It is also based on the acceptance and use of BTC as both a currency, a trading pair or as an investment that will help it maintain its value and influence over other derivatives that will be formed from its successful adoption.