Topic: Bitcoin after the year of 2140 (Read 685 times)

2140 is still a long time away. But most likely, cryptocurrencies in the form in which we see them now will not exist.

                                                           
 Difinetly that is long gone we have to talk for our grands Children some how they will see what will be for Bitcoin,  we already suffer for them and we continue to spread the Bitcoin Words so that they will get that expected satisification

I honestly think that humanity will have something better than crypto at that time.
Just take a look at how fast technology has changed throughout the past centuries.
I'm sure something more innovative will come out after a while.

$1m USD per Bitcoin might become a reality by 2140. But even you and I won't be able to witness that. At least, future generations will be able to enjoy an extremely valuable currency that's completely decentralized. By then, I'd expect Bitcoin to solve many of its issues like scalability, and privacy. Probably, Bitcoin will be relying on Layer-2 solutions and sidechains in order to achieve this. The main Bitcoin blockchain might remain with a 1 MB block size if the LN is able to reduce high transaction load. Many miners will be living off BTC fees, as the block reward will reach 0.

As far as altcoins go, I believe that only a select few will be able to survive on the market. Mainly Ethereum, Litecoin, Monero, and Dogecoin, will continue to be actively supported by people in the mainstream world by 2140. If development continues, I'd expect new features across all chains. No one knows what exactly will happen by then. But one thing for sure, is that technology will be a lot more advanced than what it is right now. The industry will constantly evolve until it becomes a "force to be reckoned with". If a new Bitcoin contender emerges by 2140 with better tech than Blockchain, you could expect Bitcoin to reach its "end of life". After all, nothing lasts forever. At least, we won't have to worry about this in our lifetimes. Just my thoughts

Probably you're right, as of now, bitcoin is still really far from those altcoin and it is still the most popular and effective cryptocurrency that you can manipulate as your asset. I'm pretty sure that in 2140, I'm already dead and I need my kids to understand and keep my bitcoin under their control so that they will benefit what I've invested for a long time ago. Bitcoin is somehow stable for the mean time and I see some upward spike about its price in the market. It is really to predict bitcoin right now because of its volatility that is actively changing in its price. We all know that bitcoin is a limited and if we mined all of them in 2140, its price will become larger than today, the demand will increase but the supply will not grow.

By the time like that maybe we are all dead at that time and the only one who can saw and experience that is the next generations next to us. Let us all hope that bitcoin is still the one and still the king of all cryptocurrency not only because he is the very first cryptocurrency in the world but also he is still be on the top and marketcap and market price in the future. We are very very proud of being the first to adopt cryptocurrency this time.

I don't know whether I'll be there in 2040 or long gone but one thing is clear Bitcoin will be at the position of dominance.We are thinking of 20 years from now and in 20 years whole world can turn up side down and anything can happen.But I think in next few years itself Bitcoin will be double it's price.And if we think about miners than unill Bitcoin is there nothing can happen to the miners.

Let us share this to our children because they are the one who will cherish those moments,because 20 years is too long for us to wait.

and how lucky they are having a Million dollar Bitcoin value while in our time we cannot even touch 100k?

after the mining ends when the 21 million Bitcoin already taken out?there is the time that the true value will be decided.

in 2140, it is 120 years from now and in that time span, I think that there are more things that will occur or happen, maybe we don't expect a new emerging cryptocurrency that can beat bitcoin when it comes to its price. In reality, it is hard to predict the fate of bitcoin especially there are a lot of factors that can affect its price. Sometimes you need to have basis about your predictions, so that it can somehow get into the fact and reality.

Bitcoin can really grow after so many years because of its volatility in the market, we just need to understand that nothing's permanent when it comes to its price. We all know that bitcoin is just for a short-term investment compared to gold that you can invest for a long time.

Also there are potential altcoins that can surpass the price of bitcoin, we never know. There are a lot of possibilities that there are more coins that are not yet existing and can surpass the price of bitcoin as a digital currency.

I am afraid that talking about the value of bitcoin in 2040 is now too early when we are only in 2020 - that is, 20 years later. However, I support your opinion that Bitcoin will be very valuable in 2040 - when blockreward = 0, minner will not receive block reward anymore, minner will only receive cost when they make confirmation. money transfers. If the value of Bitcoin is not attractive enough for miners, the bitcoin system will collapse because no one will confirm the transaction. The future of cryptocurrencies is still very long, let's save this article and open it to check in 2040 to see if our speculations are right or wrong.

$1 million per bitcoin, that's a good price, but that long, I think we will no longer enjoy that.
Bitcoin if it will remain at the king of all coins in crypto, it will affect altcoins, but with the big number of altcoins being created, 120 years from now, for sure the competition would be very big, probably a million of altcoins the least.

Do we really need to think that far? I mean it is clear that we are already gone and mostly our child we also be gone by that time so I think there's no point of thinking about it too much.
But I am also curious about how things would be in the future would we leave something that our future generation could look into would this forum be still alive at that time?
Just thinking about it makes me laugh just imagine if this forum is still alive then how many generations have hold onto theymos account and also those trusted campaign managers account.

This is a super long-term projection and I'm not o sure that in a century's time there will be something like BTC or cryptocurrency but instead some other higher form of financial system. I expect the technology to lead us towards a feature we can't yet possible imagine and with Ai and automation already sprouting biotech and info tech will take over and so it makes any long-term predictions like these almost impossible to even guess. That's my take on it anyway...

As you said that the price of bitcoin would be enough to support mining operations as the fees would makeup for the coins they were mining before, I won't agree with this as anyone can understand that right now the block consists of a reward of 6.25 BTC which is equivalent of 60k USD in newly minted coins and the fees is kept by the pool for the purposes of operations and management of the pool. So i guess the block size should be increased to make the reward same as of right now as more transactions would be filled in a single block which would mean more reward for the miners.

Maybe we'll end up with a very small number of altcoins (mostly Ethereum, Litecoin, and other coins in the top 5 ranks in market cap) on the market by 2140. Bitcoin will still be relevant as a digital store of value anyone can use in times of need. My guess is that Bitcoin will be scalable enough for the whole mainstream world to use. Miners can still live off transaction fees, even when all coins are mined by 2140. With sidechains and many other useful features coming along the way, I believe that Bitcoin will become an "All-in-one" cryptocurrency in the future.

Of course, technology constantly evolves over time. If a new contender comes out with better tech than Blockchain, then Bitcoin won't be able to live that far. All of this is pure speculation than anything else. At least, we won't have to worry about Bitcoin's future in our lifetimes. We can continue to enjoy Bitcoin as is, leaving it as heritage to future generations. If Bitcoin continues to prioritize decentralization above anything else, it'll be able to live for a very long time. With the rapid development of the Blockchain industry, it's expected that Bitcoin solves scalability & privacy issues by 2140. Let's just focus on Bitcoin's development for the next 10 - 15 years. Just my opinion

The future of bitcoin cant be predicted by anyone and what we can say is some speculation about it. The level of difficulty faced by miners who will continue to grow every bitcoin reaches 210,000 blocks is a sure thing. However, miners will still exist even if they have to depend on costs.
I imagine bitcoin will continue to get good adoption from various countries and many countries will adopt it as a payment system as mentioned in the bitcoin innovation.

As an asset that has a function as a currency, bitcoin can be superior to fiat in terms of transactions and simplicity. The community will continue to make it a multi-use currency that can be transacted for various purposes, especially we already have a flash network.

We cannot even predict what bitcoin is going to do tomorrow so it is difficult to imagine that we will be able to predict what it is going to do or happen in more than 100 years in the future, however I think it is fair to think that miners will have to depend on the fees they get for their services and not from the block reward way sooner than that, is difficult to know when that will take place but I suppose that process will have to begin to take form during the next decade as the halving keeps reducing the reward for each block.

After 2140? Not much different as 2100 or 2080 or 2050

Most interesting rather 2024 (after next halvening) / 2028

?

Bitcoin economics and global compliance will decide that

We didn't know how long it last but it's good to see if this one rolling since provably we can see more of it when bitcoin still adopted on year 2140, The one I see for that year is a good adoption with government ruling about the blockchain system. There are so many speculation regarding on this matter but I will not drop my speculation since this is just pure fantasy maybe lets wait for years pass on what will happen by that time since if Bitcoin will live strong we might gonna see a good adoption in the future.

If Bitcoin solves the issues with scalability, and miners can indeed live off transaction fees, I don't see why there would be strong demand for altcoins. They are slowly dying already, and maybe some will survive, but I don't think a big number of altcoins will be in use. By 2140 a lot of stuff can happen. Humanity might finally kill itself and the survivors won't have time to deal with cryptos; quantum computing might see a breakthrough with Bitcoin and most cryptos rapidly failing (but new quantum-resistant ones probably taking their place). I think the fact that all BTC has been mined will be the least of concerns in any case because even if everything remains more or less fine with the world, prior to 2140 there'll be a long period of time with very small amounts of BTC mined and most miners probably already living off the transaction fees. So the way I imagine it, it won't be a rapid change.