Topic: ‘I Don't Think Bitcoin Will Last Forever’: Edward Snowden! (Read 312 times)
There will certainly be a better version of the blockchain and Bitcoin in the near future. Things rapidly improve and change. So definitely there's something that will surpass Bitcoin in the next few or hundred years. Who knows?
NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. (Interview with Peter Van Valkenburgh of Coin Center, Blockstack Berlin 2018)
How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!
How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!
Edward Snowden also thinks zec is more anonymous than monero, he seems really noobish to me.
Many famous people see the future of bitcoin as replaceable and many do not. However, right now I cannot see any user friendly, trade volume and neat market potential currency like bitcoin in near future.
I do tend to agree with his general point, that bitcoin could become redundant especially if it does not pay attention to fulfilling that privacy role. However, it is also important to consider that it would be fairly easy to implement some kind of second layer solution that ads privacy.
Many famous people see the future of bitcoin as replaceable and many do not. However, right now I cannot see any user friendly, trade volume and neat market potential currency like bitcoin in near future.
Yes, it could be, anonymous cryptocurrencies have their pros, but the main purpose of bitcoin is to be a digital gold, not necessary anonymous
Forever is a long time so nobody can be sure that bitcoin will be around forever but I do believe bitcoin will be around for a long time and I will be here along every step of the way for this journey.
This is an old speculation it has been said several occasions that bitcoin will be swap to other coin but up till date we still have it as bitcoin,why not try other new speculations or innovate things that others can also speculate
not everything is forever and bitcoin is not out of this saying. What I do believe is that the impact that btc has created in both technological and economic development has been incredible, so for me it is a currency that is still in full swing and that still has a way to go, as well as other altcoins that in these moments they are under the shadow of btc.
I wonder why so many people assume that bitcoin will sink and be replaced by another crypto. Bitcoin is the first crypto to emerge in the world, its reputation is very good for long-term investing and until now bitcoin is still the parent for the determination of price movements from other coins so I think it is very difficult for other coins to replace bitcoin although the possibility is still possible at other times provided that the coin can offer more advantages than bitcoin.
mrSprinkles stop please spamming!
NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. (Interview with Peter Van Valkenburgh of Coin Center, Blockstack Berlin 2018)
How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!
How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!
in general saying, there is nothing lasts forever. but for how long ?!
it depends on how blockchain develop its self. this technology is now leading for this generation and still grows. still no sign that other technologies are going to take over it. I think that public attribute of blockchain gives safety for users by its anonymous feature. and also the decentralized feature on bitcoin is a big reason why people has enthusiast on using it.
bitcoin will get surpassed when coinbase/bitpay offer its merchant shopping cart tools to a new coin thats easier to manage than bitcoin. then bitcoins utility and desirability will jump to the new coin
NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. (Interview with Peter Van Valkenburgh of Coin Center, Blockstack Berlin 2018)
How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!
Personally, I do not think so, because the crypto-currencies with closed code and hidden transactions, the states will not accept under any circumstances, hence theon can not be generally accepted.How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!
NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. (Interview with Peter Van Valkenburgh of Coin Center, Blockstack Berlin 2018)
How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!
So what will be the other option then? Private ledger? Will people actually find it easy to trust that one than the public ledger? How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!
I agree with him the bitcoin will eventually be replaced but I don't think it will be due to this public ledger thing, because that is what is keeping it transparent and decentralized which is why people are actually using it.
He probably is all about the agencies and their interference and since he brought the news about NSA monitoring transactions he is following this into: they will in time create a user database that will connect each coin to its former user and through that possibly to the new user (in case of a cash transaction). This is what they want. To track BTC - cash trades and stop deep web marketplaces. If you are able to track the previous holder of the coin, you can interrogate and intimidate him to tell what he bough and from whom.
it means prediction in the future there will be a better replacement for blockchain technology, and bitcoin position will be replaced.
I don't know what kind of technology will replace the blockchain in the future because I thought blockchain technology is already very powerful and secure.
I don't know what kind of technology will replace the blockchain in the future because I thought blockchain technology is already very powerful and secure.
NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. (Interview with Peter Van Valkenburgh of Coin Center, Blockstack Berlin 2018)
How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!
So what will be the other option then? Private ledger? Will people actually find it easy to trust that one than the public ledger? How do you think maybe he is right, that public blockchain of Bitcoin it's not so good for us, for our privacy??!
I agree with him the bitcoin will eventually be replaced but I don't think it will be due to this public ledger thing, because that is what is keeping it transparent and decentralized which is why people are actually using it.
I doubt bitcoin will last forever, just like cash wont. Bitcoin possibly will be overtaken by something at some point but there will always be uses for several alternatives. All cash will end up going digital or likely utilize blockchains of some sort, but won't be decentralized and will still be issued by central banks etc, but that means there will always be a need or use for a decentralized alternative outside of the mainstream banking institutions for people to use. I'm sure there will be coins that offer better privacy that might suit certain people and also criminals, and others that have other benefits of fill certain niches. I think it's healthy to have competition and several coins where the free-market can decide which is the best one.
He is more likely saying my relationship with you won't last long, is he expecting something like that on his lovelife?? damn!!!!
Bitcoin is supported by many and if that many will pursue and create organizations then trading among their link businesses using bitcoin will keep it alive.
Bitcoin is supported by many and if that many will pursue and create organizations then trading among their link businesses using bitcoin will keep it alive.
Bitcoin seems to lose its best features now. Lots of problems are arising with its system and illegal things can be made with bitcoin its not surprising to know his opinion about bitcoins.
With the all new ICOs arising and better features bitcoin might get left behind even if it is the first coin to be made.
With the all new ICOs arising and better features bitcoin might get left behind even if it is the first coin to be made.
From 2018 their are few things which are gone against the btc and thus we can see the impact on the price of btc. But yes for next 5 years we can see btc to be sustainable unless all countries come together and place a ban on this virtual currencies. Will it last forever might be a too early at this point to say.
Bitcoin seems to lose its best features now. Lots of problems are arising with its system and illegal things can be made with bitcoin its not surprising to know his opinion about bitcoins.
With the all new ICOs arising and better features bitcoin might get left behind even if it is the first coin to be made.
With the all new ICOs arising and better features bitcoin might get left behind even if it is the first coin to be made.
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