The future of Bitcoin in 20 years is not certain to us. I am planning to meet all my financial needs and wants through my long term plan of Bitcoin investments.
20 years is a long year from now. Based on halving calculations, till then, about 5 halving will make up that time.
Future is unknown, uncertain for everyone including the Bitcoin founder Satoshi Nakamoto.20 years is a long year from now. Based on halving calculations, till then, about 5 halving will make up that time.
He predicted uncertain future of Bitcoin like this and you can make your prediction for next 20 years similarly.
Right. Otherwise we couldn't have a finite limit of 21 million coins, because there would always need to be some minimum reward for generating. In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. I'm sure that in 20 years there will either be very large transaction volume or no volume.
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I can't imagine how the crypto market will be by then and what price Bitcoin would have been by then. It could reach $2 million or above, or less the price. I am optimistic that many countries will legalize Bitcoin by then. What we are exchanging our Bitcoin for, currently, will be of big money by then.
We are uncertain about future and Bitcoin price in future, but we know very well about its total supply design. We can connect it with Bitcoin adoption growth and future demand to predict about Bitcoin price in future.How is the 21M Bitcoin cap defined and enforced?
