this is an easy guess in 10 years we should be past 1 million.
unless some one invents a new math that could magically solve sha 256 crypto.
Last time some one invent new math was sir Issac Newton
https://en.wikipedia.org/wiki/Isaac_Newton
he figured it out in 1667 or so.
so this is the one way btc could be fucked for sure.
but the truth is no one knows if a 3 dimensional person such as a human being can invent this so called sha-256 busting math
unless some one invents a new math that could magically solve sha 256 crypto.
Last time some one invent new math was sir Issac Newton
https://en.wikipedia.org/wiki/Isaac_Newton
he figured it out in 1667 or so.
so this is the one way btc could be fucked for sure.
but the truth is no one knows if a 3 dimensional person such as a human being can invent this so called sha-256 busting math
That guy are asking the million-dollar or billion-dollar question, lol.
World’s best crypto analysts like Michael Saylor expected that Bitcoin would eventually hit $1 million by 2035 to 2040, seeing the scarcity and demand for Bitcoin in institutions and even governments. ARK Invest has offered three scenarios about the price of BTC by 2030, they are- $300k (conservative), base $710k, and $1.5M if bull in favour.
Do you know Ric Edelman? Very cool bitcoin guy, he advise it is more riskier to hold little to no BTC than include a minimum of 10-40% of allocation in your portfolio.
So you are worried about quantum computers that they could break the algorithms used by BTC, huh?
such as SHA-256 and ECDSA, but to break these algorithms using Grover's or Shor's algorithm would require millions of qubits and kinda impossible. Till the time this risk becomes severe, the network would get post-quantum upgrades on which the developer community is actively working.Well, my advice is, instead of asking and contemplating on the future of bitcoin 10 years from now, it will be better you get started in accumulating bitcoin with your discretionary income now if you know you’ve not started yet, and if you’ve already started, then stay consistent with your accumulation and hodl for the long term goal without panicking to sell whenever you notice a little downturn in the market. That time you’re taking to guess and ask what the future of bitcoin will be in 10 years time would have been used to accumulate a reasonable amount of bitcoin stash in your portfolio using your discretionary income and that way you don’t even have need to worry about what the future of bitcoin in 10 years Time because your focus is on investing for the long term goal using your discretionary income and gradually build up your portfolio. Those who invested in bitcoin let’s say from 2016, and seeing how the value of bitcoin skyrocketed presently should convince you enough to know that the future is bright for those who choose to invest by consistently accumulating bitcoin and hold for the long term.