Every great innovation in history faced a “final boss” problem before it became unstoppable. The internet had to fight censorship. Gold had to fight storage and transport. Now I keep asking myself: what is Bitcoin’s “final boss”?
Is it scalability?
Is it regulatory pressure?
Is it energy debates?
quote]div> I think that these ones you mentioned can be fought against. Bitcoin is still continuously being developed. Scalability issues and energy debates might be solved over time. And as per regulatory pressure, lots of governments are being more accepting of bitcoin now so I do not think we have to worry much about that.
I sometimes feel Bitcoin already defeated many “mini-bosses,” but the biggest challenge is still waiting.
What do you think the ultimate test for Bitcoin will be? And how close are we to facing it?
It might not even come but if the entire world goes through a crisis and all countries collectively go through an economic decline where inflation hits everyone hard, that will be the ultimate test for bitcoin. How can bitcoin serve in such a crisis should it happen?