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Topic: Bitcoin Cannot Be Deleted - page 3. (Read 2076 times)

legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
August 08, 2015, 02:59:20 AM
#2
Massive world wide exchange hacks, every exchange and online wallet provider.
People loose interest and move on, no transaction = no fees, miners pull out, blockchain stops.
Most crypto investers wiill just move to another coin i think.

Saying this i still don't think bitcoin will die anytime soon.
full member
Activity: 322
Merit: 115
We Are The New Wealthy Elite, Gentlemen
August 08, 2015, 02:52:13 AM
#1
There seems to exist a subconscious inhibition which whispers to the individual, "Bitcoin might end. Bitcoin might die. Bitcoin might go away. All of this might be imaginary," but upon close inspection i find that the fear evaporates like a vaporous apparition.

I cannot conceive of a scenario in which bitcoin is entirely eliminated.

The only scenarios I can conjure are two: A catastrophic event that eliminates all electronic devices on the planet simultaneously, and the possibility that the bitcoin protocol and cryptography is "broken" either by exploitation of an unnoticed bug or by the invention of a Quantum Computer that is able to overwhelm the system in every way controlled by attackers.

i can conceive of no others and these seem so unlikely as not be economically worth worrying over, can you think of more?

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