I believe it has the potential and it sure tries to be, but trans-generational is such a long timeframe that it's impossible to predict.
I'd say it has better survival chances than a lot of assets, but some of course are hard to beat. For example, the way I see it, Bitcoin will likely survive 90% of currently publicly traded companies. But on the other hand it's unlikely to outlive land ownership. Gold is, in my highly speculative opinion, somewhere in the middle, depending on whether mankind will ever manage to mine precious metals outside of earth.
But I'm biased, of course, and just wildly speculating. So don't base any decision making on it.
Topic: Is Bitcoin trans-generational assets? - page 2. (Read 232 times)
No one really knew that Bitcoin could be as valuable as it is today from being so worthless that a large amount could only get you a slice of Pizza.
Furthermore, before the Bitcoin price reached the All Time High (ATH) at $69K which was reached on November 10, 2021, who would have thought it could drop back to $16K.
What we need to strengthen our knowledge about Bitcoin is the belief that Bitcoin is an asset that has a strong foundation even though a limited number of Bitcoins are created.
There is no special knowledge apart from that belief my friend.
Furthermore, before the Bitcoin price reached the All Time High (ATH) at $69K which was reached on November 10, 2021, who would have thought it could drop back to $16K.
What we need to strengthen our knowledge about Bitcoin is the belief that Bitcoin is an asset that has a strong foundation even though a limited number of Bitcoins are created.
There is no special knowledge apart from that belief my friend.
Maybe try asking specific questions instead. Your questions are so broad that you might as well ask us what the meaning of life is.
But if you want to learn..
* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj
Security related:
* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html
If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
But if you want to learn..
* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj
Security related:
* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html
If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
If you or someone think Bitcoin will be vanished over night, such kind people shouldn't invest Bitcoin in the first place since they still doesn't know what's Bitcoin, how's work, the security and the reason why you want to invest in Bitcoin.
There are a lot thread have explain about Bitcoin and some people creating thread about the possible way Bitcoin will dead in the future, just use search engine in this forum and read the other people replies.
Some keyword about this matter:
1. Quantum computing
2. Recession
3. Hashrate dropping
4. Huge amount Bitcoin moved
5. CEX and centralized entity bankrupt
There are a lot thread have explain about Bitcoin and some people creating thread about the possible way Bitcoin will dead in the future, just use search engine in this forum and read the other people replies.
Some keyword about this matter:
1. Quantum computing
2. Recession
3. Hashrate dropping
4. Huge amount Bitcoin moved
5. CEX and centralized entity bankrupt
There is hope but you SHOULD NOT base your hope on other peoples hope. Do your own research and figure out for yourself why you should have hope. It is not easy to do but it is necessary if you want to see actual change. Relying on hope is not what got bitcoin to a 400 billion dollar market cap.
I believe it's struck your mind sometimes to be conscious of what your doing investing in bitcoin thinking it might vanished over night like ponzi skims or the current bearing down threads that has happen over without reversing, if you like if this stuff keep going down, I will sharply and smartly take off my investment but guy's there is good news I guess but I don't have the technical and fervent knowledge of cryptosystem, that's while we are throwing threading questions to the forum, bitcoiners, gurus of the business to expatriate of it.
So guy's what do you think?
What's your ideas and knowledge?
What's the hope of Bitcoin for our future generation?
What's do we expect fears or braveness?
So guy's what do you think?
What's your ideas and knowledge?
What's the hope of Bitcoin for our future generation?
What's do we expect fears or braveness?
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