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Topic: What are the biggestest threats to Bitcoin? - page 3. (Read 6974 times)

hero member
Activity: 601
Merit: 500
Vote 4fryn :)
Anything that threatens the fungible nature of Bitcoin.  See my signature.

Agreed. Do you think it would improve fungibility if we could, say, give Paypal some serious competition?

Any serious effort to block the FBI seized coins from being stolen would be a huge blow

How would that be possible to 'block' them? Theyre getting sold either way at the end of the month
hero member
Activity: 644
Merit: 500
Human beings, or, a lesser known Digital age, or, perhaps, a mass loss of power in a country or state.
sr. member
Activity: 560
Merit: 250
In a nutshell, i think big banks (and their lobbying power), and governments are the biggest threats to Bitcoin. We know that they can't stop BTC,  but that can make it harder and harder to grow and use if they lay the hammer down as hard as they can.

I think most of us can agree that we want each BTC to be worth as much as possible, and govts and big banks can have the largest influence on preventing that from happening.

IMO , at best they can only don't recognize bitcoin but they can't ban it .

Banks don't like bitcoin cos they can't tax it ?
sr. member
Activity: 476
Merit: 250
Anything that threatens the fungible nature of Bitcoin.  See my signature.

Agreed. Do you think it would improve fungibility if we could, say, give Paypal some serious competition?

Any serious effort to block the FBI seized coins from being stolen would be a huge blow

Not to mention that it would be stupidity on wheels.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
Anything that threatens the fungible nature of Bitcoin.  See my signature.

Agreed. Do you think it would improve fungibility if we could, say, give Paypal some serious competition?

Any serious effort to block the FBI seized coins from being stolen would be a huge blow
sr. member
Activity: 476
Merit: 250
No.

The biggest threat to Bitcoin is the large number of halfwits who have gotten involved in crypto.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
In a nutshell, i think big banks (and their lobbying power), and governments are the biggest threats to Bitcoin. We know that they can't stop BTC,  but that can make it harder and harder to grow and use if they lay the hammer down as hard as they can.

I think most of us can agree that we want each BTC to be worth as much as possible, and govts and big banks can have the largest influence on preventing that from happening.
legendary
Activity: 1582
Merit: 1196
Reputation first.
Biggests threats to Bitcoin is a total ban from all of World government.

Then, every problem and every bad news can be beat. Wink
hero member
Activity: 798
Merit: 1000
Anything that threatens the fungible nature of Bitcoin.  See my signature.

Agreed. Do you think it would improve fungibility if we could, say, give Paypal some serious competition?
hero member
Activity: 798
Merit: 1000
My typical answer would be anything that can prevent the widespread use of Bitcoin. Including governments and traditional financial institutions that have a lot to lose from cryptocurrencies and can regulate and/or tax it to the point where Bitcoin's use would cost more than it's worth.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
biggest threat to Bitcoin?

'compliance'

I would disagree.

A small amount of regulation can be good for any industry. Having to comply with minor regulations can help weed out scammers, which would make the masses more likely to be comfortable with bitcoin.

The scammers are the biggest threat to Bitcoin
hero member
Activity: 560
Merit: 500
★777Coin.com★ Fun BTC Casino!
biggest threat to Bitcoin?

'compliance'
sr. member
Activity: 266
Merit: 250
POLITICIANS!
full member
Activity: 153
Merit: 100
"Bitcoin is freedom" - That itself is controversial.  Cool
sr. member
Activity: 476
Merit: 250
this is probably the largest threat....
Loss of net neutrality? maybe?

I worry that ISPs in the future will block ports or otherwise try impeding bitcoin network traffic. 

One word:

Proxies.
legendary
Activity: 1148
Merit: 1018
It's about time -- All merrit accepted !!!
this is probably the largest threat....
Loss of net neutrality? maybe?

I worry that ISPs in the future will block ports or otherwise try impeding bitcoin network traffic. 
sr. member
Activity: 476
Merit: 250
Lots of moonie-eyed people around here who evidence little connection with reality.
hero member
Activity: 728
Merit: 500
It could be a book.
legendary
Activity: 1260
Merit: 1002
sr. member
Activity: 616
Merit: 250
 Bitcoin will survive everything for the foreseeable future but an ELE.


ELE - *an earth extinction level event*


 The entire works has hit Bitcoin in it's face and body with one seemingly deadly blow after another since early 2014.

 Yet Bitcoin itself just keeps rolling along no matter what.


 Doubters doubt, Doom & Gloomers Pout, Fear Mongers Grumble, and Competitors Scream and Shout.

 Another 1000+ have declared it dying, doomed or even dead rather recently to be sure.

 The shit keeps hitting the Bitcoin with lethal level blows for anything else, and yet Bitcoin just keeps laughing and laughing, never so much as flinching, it just keeps on functioning like it always has. A tweak here, and and a bit of adjustment there, and Bitcoin just keeps humming it's tunes.


 Only longer term sheer neglect of it's Development and Security could ever cause Bitcoin's compromise from the looks of things in these tired old eyes standing back and looking at the Big Picture. And I would stake my own life and the all the readers of this lives on the fact that the Bitcoin Developers wont ever let that occur no matter what.

 
Re: What are the biggest threats to Bitcoin?  There is nothing to be concerned about, nothing at all, all things considered it's already won the future.

 Take a deep breath and relax; Bitcoin has already Won the Future. Congradulations Bitcoin, you even won me over, and I am a damn tough sell when it comes to monetary issues.


 Maybe in 25, 50, 75, 100+, or 200+ years someone finally builds a vastly superior product to finally start to outpace and out distance Bitcoin, and finally ever so slowly, or even more quickly than slowly Bitcoin finally begins to fade out. But baring that, or an E.L.E. I can't imagine the next several generations have anything to fuss over concerning Bitcoin.

 I also believe firmly that the Developers will fuss over the Bitcoin-Qt Core Client almost non-stop to be certain it's A-Okay until it's last rights have been given to it in the very distant future, and well over at least 100 to 400 years from now. etod: 233 years.

 The typical Fiat currency last mere decades. Bitcoin is a vastly superior product in every way possible in this Digital Information Age.

 Quit worrying. Nothing can stop Bitcoin for the foreseeable future that anyone needs to concern themselves with, the Developers will make certain of this.

 I am declaring Bitcoin The Official Winner of The Future. And if I say so then it must be true since 'I am far too  honest for my own good'.



Bitcoin is Freedom.
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