Quote from: Eternu on February 28, 2017, 05:35:37 PM

Quote from: chmod777 on February 28, 2017, 10:44:20 AM

Quote from: Eternu on February 27, 2017, 02:47:03 PM

Quote from: chmod777 on February 27, 2017, 12:40:17 AM

Do you really think bitcoin will die?

Bitcoin is now a proven system. Has been developing very successfully for 7-8 years. Large financial institutions are investigating blockchain technology.

I do not think a system that will revolutionize innovation will die.

After sometime i believe that bitcoin will die yes. But how long will it last... well we can only speculate. Some kind of universal currency for all races on earth will be formed and that could be bitcoin, but i doubt it. Maybe bitcoin will be mother for that currency, or maybe it will be bitcoin, i'm not expert on bitcoin so everything is just my opinion. But i believe strongly that something will be born from bitcoin.

What will die for what reasons?
Do you have any logical arguments for this? Is the alternative going to be another currency? Why do people stop using bitcoin when have no reason?

I think what i wrote was clear enough, if you didn't understood it maybe you should read it more carefully. As i said i am no expert, and it is only my opinion nothing more, but yes i believe that bitcoin will die in one point in future. Logical reason, hmm... there is still long way for bitcoin to become currency that could be used for day to day life. There is other government problems with bitcoin that need to be done. And not to mention that at the moment most of bitcoin is used on black market for what ever... So that is just some problems that come on my mind at the moment.

The world is constantly changing. Bitcoin is already used in everyday life. So, technically and practically, there is nothing that hinders the use of bitcoin.
They also do money laundering with other currencies. Money laundering was done before Bitcoin.

Bitcoin does not die for these reasons. Bitcoin just needs more advertising.

chmod777

Posts

Merits