What do you think will happen to Bitcoin in 100 years? - page 9.

bitzizzix

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we can't say how bitcoin will be 100 years into the future. we can only see how the public responds to bitcoin. if the public response to bitcoin is still great and there are better crypto updates I think bitcoin can survive, but if there is no public response bitcoin can die quickly

It's too far to predict and no one can answer accurately, whether in 100 years bitcoin will still exist or will it die.
what is certain is that maybe we and all bitcoin users in this day and age must have died and will not feel and know it in the next 100 years, and if we see its growth there is a possibility that it will continue to grow and it could also be the other way around because no one knows because it is too far away to predict.

swiftbits

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I always thought that the coin might run out of supply one day since most of us hold it.
Many possibilities can occur in 100 years; Bitcoin will be considered old technology.
A much better finance asset will be developed.

TimeTeller

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Quote from: adzino on July 06, 2021, 06:40:53 PM

We don't even know what is going to happen in next 10 years, and you are talking about 100 years? It might become a mainstream currency. It might have replaced fiat. It might just be used as a store of value like precious metals. Or it might just die. A technology might be invented that is much better than bitcoin. Or maybe a huge flaw has been discovered that killed bitcoin (though I am sure people will come up with a solution to fix the problem). Or maybe we invented a very super fast computer that can break the chain or the keys in few seconds. See? So many possibilities.

100 years is really too much to think about. Most of us will not be here anymore.
Next 10 or 20 years would be much better to speculate at.
For another 10 years, I believe btc will still be here.
But we are not very sure as one better technology can make this obsolete. Who knows?
As we have fast changing technology, there will be someone that can invent much better than what we have now.

adzino

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We don't even know what is going to happen in next 10 years, and you are talking about 100 years? It might become a mainstream currency. It might have replaced fiat. It might just be used as a store of value like precious metals. Or it might just die. A technology might be invented that is much better than bitcoin. Or maybe a huge flaw has been discovered that killed bitcoin (though I am sure people will come up with a solution to fix the problem). Or maybe we invented a very super fast computer that can break the chain or the keys in few seconds. See? So many possibilities.

Yatsan

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Lots of things can possible to make happen in a span of 100 years. We can never tell if Bitcoin will still be existing by that time because what we just knew for sure is that most of us in here are all dead by that time and what will just experience and witness whatever will happen in 100 years from now will be the next generations of us. Maybe Bitcoin will be dead already or maybe people will have to soon realize to fully adapt into using Bitcoin by that time then. We just need to expect for best things to make happen. But as of now, the present time is the more important thing to focus since what will happen today will affect the future generation.

Rengga Jati

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Quote from: RainbowKun on July 05, 2021, 10:44:38 PM

Why is this so? Because we did not see the long-term value of Bitcoin, but lost our chip because of fear in the 24-hour violent price fluctuation of Bitcoin.

We? Who are "we"?

Actually, I personally will not think about 100 years later of Bitcoin's future.
Bitcoin is not only about this day and tomorrow volatility prices.
Bitcoin may also not have any "real thing" to be seen, the only digit, and also it's behind the technology.
But, why we do believe in Bitcoin?
Aside it will still exist or not, we cannot predict the future because we never go to the future.
But why do I personally believ in the future?
This is because of the belief itself.
I will predict and invest in every 5 years mostly and take profits. Whether it still exists or not after 5 years, this is my risk that I will take and I can afford it.
I believe that in the future, there may be another technology that is very advanced, probably. But, no one can also guarantee that Bitcoin is also ended at that moment. So why don't we cfocus on several years later that we can be still there and may experince?

gundala

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1 century, that's quite a long time, even those of us who are in this era may not necessarily be there at that time. why mess with something that we can't even possibly feel. assuming too much is also not too important, it is better to focus at this time by studying the cryptocurrency ecosystem more so that you can make the most of it.

Bitstar_coin

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It is hard to tell what will happen during that period even though this not quite easy, if btc is still present at that time I believe btc will remain the number one coin and will be extremely valuable by then, except someone was able to created a coin who can compete with btc by then, 100 years from now is such a long period of time, @op it is better you concerned yourself more with the immediate future.

AverageGlabella

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I do not think Bitcoin will even be relevant in 100 years as with any currency in the world it has evolved to the next step. The dollar is probably one of the exceptions but many other currencies have changed name in their countries history. Bitcoin will probably be the one that started it all but there will probably be a altcoin which expands on the issues that Bitcoin has and solves them. Bitcoin is far from perfect and has some real big issues in the next 10 years which need to be solved before the deadline is reached.

I think the size of the Blockchain could become an issue in the future too and that has yet to be solved unless you think that relying on storage becoming cheaper and bigger in the future as a solution which I do not.

Oilacris

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Quote from: RainbowKun on July 05, 2021, 10:44:38 PM

IThat's my point. What do you think of Bitcoin 100 years later? Do you think Bitcoin will die in 100 years?

There's only 2 possible thing that could happen in 100 years later neither bitcoin had already become mainstream or bitcoin was simply been replaced and died on that time.

You cant really tell on what would be the future since no human being does have the ability to tell precisely on things that will happen ahead and even just predicting the weather on tomorrows time doesnt give out 100%
precision.

How much more on 100 years? Basing on what Bitcoin had achieved on a decade then we can say that it is likely that it would even more progress in the future.

oemar bakrie

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if all exchanges use bitcoin maybe the value of bitcoin will increase but it will stabilize the movement of the value of bitcoin, because many people have used it for purchases in the exchange of materials for their daily life.

Karish2return

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I think in those 100 years there are two situations possible, one is that it may be adopted by most of the people in the world or even it will be useless, so that's depend on the present that what are the consequences of people and how they react to it. But it is not in between both the situations. It may be either useless or reach its peak.

Leviathan.007

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There can be some theories about bitcoin in the next 100 years. Since bitcoin technology and any should be adopted by the time or die I expect bitcoin to be adopted in next years and I believe that's what happens right now. The other theory for bitcoin can be seeing bitcoin to become super rare and due to the several halvings the miners will not earn that many bitcoins and the low amount of supply can make the price super high, maybe someone who owns even one single bitcoin will be a millioneir, here I beliabe in the second theory myself.

SFR10

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Quote from: RainbowKun on July 05, 2021, 10:44:38 PM

We store Bitcoin today,

Some of us prefer to use it like a normal currency ^{[I do know it has its own challenges]}.

Quote from: RainbowKun on July 05, 2021, 10:44:38 PM

not just for ourselves, but for our children and grandchildren.

I like your mindset but personally, I prefer to use a traditional approach instead.

Quote from: RainbowKun on July 05, 2021, 10:44:38 PM

We can give away the bitcoins we acquired today to our descendants as their wealth forever.

The highlighted word heavily depends on how they'd manage it ^{[it could turn into dust if they're not careful enough]}.

Quote from: RainbowKun on July 05, 2021, 10:44:38 PM

What do you think of Bitcoin 100 years later?

I have a strong feeling that there'll be a significant reduction in regards to its volatile nature.

Quote from: RainbowKun on July 05, 2021, 10:44:38 PM

Do you think Bitcoin will die in 100 years?

It has died "422" times so far but for some reason, it keeps coming back to life Wink

^{- On a serious note, I don't think it'll ever die but it'll surely evolve in some ways.}

sheenshane

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It seems too hard to predict in that long, it could be after 100 years Bitcoin will still exist but it's too expensive to accumulate if we use the word satoshi (sats) per transaction, that year we might commonly hear milli-satoshis the smallest fraction of satoshi which is in there's 1,000 milli-satoshi in 1 sat, this also a native unit of the Lightning Network.

There are too many possible things that will happen after that year, Bitcoin has now 11 years of existent and we saw a lot of improvement on it. It could be there's no Bitcoin to hold or Bitcoin mining will stop after 21 million supply has been mined. But don't think so much because for sure at that year we didn't exist. Just be it and think about how you can accumulate more instead.

Lucius

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In 100 years the world will change to such an extent that it is very difficult to imagine today, and I think that some things that are important today will not play a big role then. At that time, people's perceptions of money and value may change, although it's hard for me to imagine a world that works on some other principles - so the fate of Bitcoin in 100 years is completely uncertain.

What will undoubtedly advance is technology, so while it may seem like science fiction, people have always looked for a way to become immortal - and storing human consciousness in computers and loading into a new body as needed may be possible in the future.

Quote from: RainbowKun on July 05, 2021, 10:44:38 PM

At the same time, 100 years later, I believe that Bitcointalk will always exist with Bitcoin. 100 years later, there will still be Bitcoin supporters coming here, posting and communicating.

As I wrote above, technology will become so advanced that forums will become completely unnecessary - it would be the same as communicating with the telegraph today. Since you are interested in the future, I recommend you take a look at the Altered Carbon and Black Mirror series Wink

Sirait

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what will happen to Bitcoin in the next 100 years? My prediction is that Bitcoin will be the most expensive asset and the world's most interested people, far more than gold. buy Bitcoin now for the long term then you will enjoy a large retirement fund Grin

dark1234

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I don't know what the fate of bitcoin will be in the next 100 years. But we can reflect on the journey of bitcoin in previous years; which initially only cost a piece of pizza with the passage of time bitcoin turned into a valuable and valuable thing, maybe what is certain in the next 100 years the value of bitcoin will be high and followed by a very high price... Huh

but we all can't predict whether bitcoin is still alive or dead because the supply has stopped and runs out .. because by that time we might have already ....!!!!! Shocked

ropyu1978

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100 years is a very long time, it can be ascertained that everything in this forum must have died, the admin died too,, seeing bitcoin is a currency in digital, it is possible that bitcoin will last until our children and grandchildren, the currency in digital will continues to evolve over time...

traderethereum

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I wonder if we are still alive until that time as if we are in 30-40 years, our chances of lives will be small and maybe people below 30 years will be able to see if bitcoin will still exist or die.
But talk about 100 years will be a long time and many possibilities can happen, but hopefully, bitcoin will still be us and adopt by almost all countries.
Maybe if that is about 5 or 10 years later, that will not be too long to predict what will happen to bitcoin.
But still, that is difficult to predict bitcoin in the future unless we have crystal balls or have a time travel machine.

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