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Topic: Bitcoin May Extinct - page 5. (Read 1901 times)

sr. member
Activity: 644
Merit: 264
Aurox
October 18, 2019, 06:49:35 AM
#2
The hacking problem was already solved and right now that hacking incident can no longer occur. Even if Satoshi dies bitcoin can stand on its own and will continue to exist as long as the people are using it and runs its wallet. Bitcoin will not be banned by all countries, that is impossible, there already countries that have accepted bitcoin and many more countries will come to adopt it legally. Well if the government will exhaust its resources just to destroy bitcoin that will be one of the most idiotic action from the government. The government will not spend millions of dollars to stop bitcoin since there are many sectors especially welfare sectors that needs funding from our taxes.
member
Activity: 209
Merit: 14
October 18, 2019, 06:38:43 AM
#1
Gents, Am I the only one thinks that bitcoin can be erased in the same way it is created? Dont you think any attack can kill it?

https://hackernoon.com/bitcoins-biggest-hack-in-history-184-4-ded46310d4ef

If this happened, anything can.
What will happen after satoshi dies?
What will happen when bitcoin stands alone.
What will happen if it is banned globally?
What if goverments start working on killing bitcoin?
Dont you think goverments can work on it to kill it?

Btc is not like gold. You cant make the gold disappear suddenly as it is possible for btc. I am a fan of btc but I am also scared. It should be protected but who will do it? Exchanges? The top btc holder?

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