We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quos actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the governments monopoly of the monetary system." - Bitcoin.com
What are the top risks for Bitcoin holders?
1. Governments will always rise up to protect against what they have little or no control over. Governments are a great threat to cryptocurrencies. There are 3 options for them. 1. Ban it 2. Regulate it. 3. Float a competing cryptocurrency which provides more flexibility than the current slew of cryptos we have.
2. The unforseen. Cryptos rely on technology, that itself may pose a danger. Unforseen issues may lead to unforeseen problems.
3. Disruption: Some technologies which was disruptive have themselves become obsolete.
4. There are governments who if they want to have the wherewithal to crash some cryptos network.
5. Users sentiments: users of cryptos may become disenchanted with the entire technology as more newer and better technology emerges, especially ones that are dependent on mobile phones, which remains a pervasive network.
On the whole, I believe the world will move towards the adoption of one singular crypto-currency, if in doubt read your bible, it's all there in Revelation. So cryptos will not die it will only become stronger and gain a worldwide adoption.