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Topic: Threats to bitcoin - page 3. (Read 2531 times)

legendary
Activity: 1176
Merit: 1011
August 04, 2015, 04:49:03 AM
#7
Ignorance and stupidity of the mass audience.

If everybody would understand how their current money works, they would switch to alternatives like Bitcoin instantly. Too bad the powers that be have done an excellent job at keeping the sheeple naive and uninformed.
sr. member
Activity: 462
Merit: 250
I can draw your avatar!
August 04, 2015, 04:39:50 AM
#6
The biggest threat would be demonisation by banks and governments who are afraid they cannot get a grip on BTCitcoin and have no way to regulate that what has driven them for so long, money and the choke it has on people so they can be slaves to the economy is going to slip away slowly and there is nothing they can do, or so it seems, they have deep pockets and a wide array of channels to posion the minds of the majority to take a stand against BTCitcoin.  This is what might undermine the blockchain, make the users, miners and believers into paria's, outcasts of society.
legendary
Activity: 3248
Merit: 1070
August 04, 2015, 04:11:45 AM
#5
the 60%+ of the network is in the hand of china, it may not be a threats right now but it could be in the future, if 51% would be more profitable for them when the supply will be lower and the value of bitcoin will be very high...
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
August 04, 2015, 03:57:25 AM
#4
The crypto is solid. Bitcoin will last centuries.

Whether or not people use it is up to people.
legendary
Activity: 1946
Merit: 1007
August 04, 2015, 03:56:38 AM
#3
A general loss of trust in bitcoin by hardcore bitcoiners would be the worst that could happen.

Developpers leaving bitcoin. Governments really hammering down bitcoin. Some centralized mining farm that takes over most of the hashrate.

Although, in the end, bitcoin has proven to be quite resilient to most that happens.
newbie
Activity: 22
Merit: 0
August 04, 2015, 03:55:25 AM
#2
You just want threats to the network? I guess there's not much other than spam. I think the biggest threat outside of that though are strict regulations and apathy and cynicism from the mainstream.
legendary
Activity: 1330
Merit: 1019
August 04, 2015, 03:47:16 AM
#1
What are the biggest threats to bitcoin right now or in the near future,
I mean things that can really be harmful to the network.

List anything you can think of, just lately after the resent stress test there has been sone interesting discussions going on.
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