Topic: What threatens Bitcoin? - page 2. (Read 247 times)
I am not afraid of government intervention, that is if we have to based on the actions of the USA government. Well, it can be different if we are to factor in China, Russia and even India (three biggest markets not officially open for Bitcoin). The government will always regulate and make things strict and this is quite expected, like there is only a few industries in the USA that is not strictly regulated, so we should be used to that. The most important thing is that the government is not officially banning the whole thing as that can be a very different story. So what about quantum computing -- can that technology be able to make Bitcoin crushed to the ground? In my view, the only threat I can see is that the market is getting tired of Bitcoin and will instead choose another cryptocurrency that is much better and has no weak points that Bitcoin got and has become more popular than Bitcoin. Will that happen? Nobody knows, and I am hoping it will not since I am also a big fan of Bitcoin as a store of value (meaning I got BTC too and I will be crying if it becomes worthless).
Today I would like to raise the question of what might threaten bitcoin. We are all very optimistic about the future of Bitcoin development. But in the growth of a product, there are always moments that slow down or inhibit development.
What is the threat to bitcoin today? Government intervention?
Regulators? They will not be able to accept the fact that many funds are not taxed?
51% attack or development of quantum computers? The emergence of new, more promising coins that will compete with bitcoin?
Are there any of the most pressing issues to be wary of?
Perhaps, when discussing the pros and cons, many will have their own opinion that would like to hear.
What is the threat to bitcoin today? Government intervention?
Regulators? They will not be able to accept the fact that many funds are not taxed?
51% attack or development of quantum computers? The emergence of new, more promising coins that will compete with bitcoin?
Are there any of the most pressing issues to be wary of?
Perhaps, when discussing the pros and cons, many will have their own opinion that would like to hear.
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