What will Bitcoin look like in the future? - page 3.

Y3shot

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Quote from: Z-tight on June 18, 2024, 01:58:31 PM

Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please Grin

It is very difficult to predict the long term future, as for freedom, BTC is obviously a currency that is free of direct government control, and it is going to always be that way. However, government regulation is increasing rapidly and there is an obvious attack against privacy solutions, the government wants to know what you do with your BTC's and how and where you spend it, so i expect regulations to get worst in the future and i notice people do not care, even with etf's and all, they just want BTC price to pump without minding how far government interference gets.

I can I agree with you about regulation of bitcoin in the future,. Bitcoin may gain more popularity and will be accepted more but at the same time the range of regulation will still be very high because the government believe that the public can use bitcoin as a means to secure their funds from anyone having details about it. What we are seeing about bitcoin today, in the future everything concerning bitcoin will be more. More investors, more adoption and the government would also want to regulate it more but it will be so tough for them because of the much adoption and how Bitcoin will become more advanced by then.

Luizwalter Crypt

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Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please Grin

judging from when Bitcoin was launched way back in Jan,3rd 2009 till date 2024 that's roughly about 15years of existence. If a project would fail it would fail long time ago so, you don't need a sooth sayer to tell you we are unstoppable. Cool

Bitcoin keeps growing on its equity curve year after year making a great store of value today.
when the fiat money was introduced to us as a means of exchange for goods& services by the government, if the majority had not accepted it, it would have been tough. In the case of btc the majority are gradually embracing the fantastic idea of btc to be even way much better than the one the government brought to us as it keeps adding great value to it's holders.
So to rap it all in the future I think the government would be bent to the masses opinion making this legal and we'll all be fine.

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Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please Grin

To make my answer short, I don't know. When you don't know the next move of Bitcoin, it makes it more fun but if I'm to make a predictive call with what has happened in the past, Bitcoin will grow with new price discovery exceeding the previous all time high, technically it will gain more adoption like the way ETFs are pushing to own Bitcoin directly and indirectly and it will become even more scarce as Bitcoin halving will make the remaining supply more shrink.

I'm not sure about freedom because not everyone will be free, not everyone will ever accept that Bitcoin is useful, they don't care if it goes up or down, there believe remain the same and this is why Bitcoin will not be used by everyone.

Tight regulations will ensue later because it's seems that's what the government are trying to do as institutional investors are now seeing it as the next big investments to their portfolios but can't be controlled because regulation is subjective to countries, not all countries will want to regulate nor adopt.

Z-tight

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Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please Grin

It is very difficult to predict the long term future, as for freedom, BTC is obviously a currency that is free of direct government control, and it is going to always be that way. However, government regulation is increasing rapidly and there is an obvious attack against privacy solutions, the government wants to know what you do with your BTC's and how and where you spend it, so i expect regulations to get worst in the future and i notice people do not care, even with etf's and all, they just want BTC price to pump without minding how far government interference gets.

fullhdpixel

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Quote from: Dr.Bitcoin_Strange on June 12, 2024, 11:28:15 AM

Although the government are plotting how they can regulate Bitcoin, but I don't think they archive it, and since they cannot archive it, they will end up regulating Bitcoin users and the platforms that facilitate the use of Bitcoin for some people in other parts of the world. The centralized exchange is being regulated, and they compel customers to do KYC verification, which is a means by which they can identify any Bitcoin users and their transactions if they need to. So, the government can only regulate exchanges and tell Bitcoin users that they know their identities, but it cannot fully control the block chain.

In the future, the price of Bitcoin will continue to grow, and people will continue to buy and store Bitcoin because it's a store of value. More businesses will also start accepting Bitcoin as a payment method.

Bitcoin and cryptocurrencies are still banned in many countries like our country but I feel that shortly given the increasing importance and utility of Bitcoin the government will have to legalize it not only legalize it but it will also be an effective step for the development of the countries if Bitcoin is traded and used in various things at the government level.

I see a lot of people looking at Bitcoin not only for trading but also as a future investment and people's confidence in Bitcoin is increasing day by day. Bitcoin is developing day by day and its fans are increasing in such a situation if the governments remove the ban on it, people's businesses will increase and the country's economy will get more support.

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We are slightly having an insight what does the Bitcoin brings to us, let's say people and government are now slowly adopting the use of it even in stores right now we are seeing they are accepting the use of the Bitcoin or other coins, it helps now to create a web3 projects that's more giving option to the users, also people now more with the market trades and additional on it is the side hustle of different projects that brings us extra income like nft, trades, investments, and etc.
If Bitcoin will become widely acceptable I guess it's hits different to the economy.

Awaklara

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Quote from: Aunt Lydia on June 18, 2024, 08:29:18 AM

Like I said, Whitney Webb and Edward Snowden say some scary stuff about the possible future of Bitcoin, mostly about loss of privacy (and thus, indirect government control and surveillance).

the possibility of the future may or may not happen. so for now just enjoy your life with the Bitcoins you have (if you have them).
actually, there is no need to be afraid of anything that will happen in the future. the reality is that currently, many people are benefiting from Bitcoin. Its users are increasing and its popularity is increasing. Maybe some beginners are afraid it will make them panic. and that's what frustrates many novice investors.

Aunt Lydia

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Quote from: JollyGood on June 18, 2024, 03:12:38 AM

The OP makes one post to create this thread on 11th June 2024 and then abandoned it because they did not receive any merits. This is now the 83rd post in this thread yet the OP has made a grand total of just one post.

Instead of calling out the OP for most probably being part of an account farming set-up, most members posting in this thread are just after ways to make enough posts for their signature campaigns.

WUT?
I was busy with other work, and needed you guys to talk a little bit. I don't know what an account farm is, but I was "idea farming" from my post:

So far, your opinions about the future of Bitcoin is the same as what I thought. Not so bright, but only if we know what we're doing.

Like I said, Whitney Webb and Edward Snowden say some scary stuff about the possible future of Bitcoin, mostly about loss of privacy (and thus, indirect government control and surveillance).

Aunt Lydia

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Quote from: JollyGood on June 15, 2024, 11:47:05 AM

The future of Bitcoin is Uncle Lydia?

Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

What is the future of Bitcoin?

As I stated in a different thread, when newbie accounts do not post like a newbie, the chances are they are newly registered accounts operated by a seasoned forum member. Usually they would be part of an account farm for the sole purpose of building them in rank with a view to being enrolled in signature campaigns but sometimes it can be to infiltrate DT for nefarious purposes.

The reality is there are some signs that newbies display that point to alt-accounts and account farms. Your posting shows some of the same traits.

LOL wut? I'm a newbie to THIS FORUM, not a newbie to Crypto. And I am your Aunt Lydia.

I am trying to write some content about Bitcoin and wanted to get the Bitcoin maxies' opinions on its future. So far, the future of Bitcoin sounds quite depressing and terrifying. I've been watching some Whitney Webb interviews on the subject and it's quite depressing to be honest.... Sad

Aunt Lydia

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Quote from: zarzolirte on June 12, 2024, 11:43:30 AM

More countries will adopt it, specially the ones focused on individual freedom, and seeing where the world is going... something really cyberpunkish.

Which countries are currently focussed on Individual Freedom? It seems like the whole world is moving more and more towards authoritarian governments...

HajiBagi

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Quote from: bitterguy28 on June 11, 2024, 07:55:56 AM

Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please Grin

for 15 years of bitcoin existence it has been a big help for many people , from those who trust and support this like me and my family and friends
so with all of those? personally? i really don't care what will bitcoin looks in the future because what I wanna enjoy is what I am having now and in the coming years.
if this will continue to progress for my second and third generation then that is something very best but what I have gained and gather from those years of being here? i believe it is something i must be thankful for bitcoin and its creator.

Yeah, A big thanks to bitcoin and its creator, bitcoin has saved many lives today because it has made people from zero to heroes since, I was born I have never seen any type of investment that is more legit than Bitcoin, although there are many cryptocurrencies but bitcoin is the best and no any investment can compete with it, we all don’t know how the bitcoin will be in future but with the way bitcoin has changed the world and it’s improving I’m very confident that bitcoin is going to be a good thing in future and it will help the next generation to come, I have never doubt anything about bitcoin because it’s a good and understanding cryptocurrency that you have to study how it is and you can decide if you can invest in it or not, I don’t know about other people but for me, my children must learn about cryptocurrency most especially about bitcoin because no one knows tomorrow and they won't depend on me all the time, there are many graduates that haven’t be employed since they graduated.

Lidger

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In answer to what is the future of bitcoin, I will give you a simple example and through a small example you will understand what the future of bitcoin actually is. Mark the popularity of bitcoin five years ago, what was the market price of bitcoin, and mark that what is the popularity of bitcoin today and what is the price of bitcoin today.

After identifying these two things you try to find the difference between 5 years from now and the current time. Hopefully you won't have to work too hard to find the difference in Bitcoin in these five years. The popularity of Bitcoin has increased from what it was five years ago. Many multinational companies are currently supporting Bitcoin but this is a huge achievement for Bitcoin. The value of Bitcoin has changed a lot along with its popularity and if we consider the popularity and value of Bitcoin in the next five years from the present time then surely the popularity and value of Bitcoin will increase in five years from now.

I hope I have given you a fair idea of what the future of Bitcoin might look like.

Roseline492

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Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please Grin

Just like what you have said, considering how Bitcoin started and how far they have gone now is already obvious that the future will be surprising for everyone because there would be a lot of positive good things about Bitcoin and however is very certain that in as much as most people are finding it very difficult to venture into Bitcoin now but as future approaches that's how people are learning and understanding the importance of investing on Bitcoin, so actually is very obvious that as time goes by that's how people will be coming in which will also attract the government to try every means if they can be able regulate or have control over Bitcoin but for me I don't think it will be possible for the government to achieve that.

JollyGood

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The OP makes one post to create this thread on 11th June 2024 and then abandoned it because they did not receive any merits. This is now the 83rd post in this thread yet the OP has made a grand total of just one post.

Instead of calling out the OP for most probably being part of an account farming set-up, most members posting in this thread are just after ways to make enough posts for their signature campaigns.

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Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

What is the future of Bitcoin?

I believe the future of bitcoin is already bright, but the problem I fear is transaction fee. Because after so many halving, it will make bitcoin more scarse and the transaction fee keeps on increasing making it almost impossible or difficult for the Common man to transact freely so the transaction fee is becoming more expensive than usual.I fear that very soon sending $10 to a wallet may lost forever because the minimum to recieve in a wallet may be $15 or even $20.

Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

We know where it was in 2009, where it is now (2024), but where is it going?

Bitcoin is, and will continue to be a great Digital asset and a store of value that everyone will wished to have owned, expecially those that didn't invest earlier or those that was doubting alot about it.

Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please Grin

Bitcoin can not make everyone free. Bitcoin is not a free money rather an asset that appreciate in value in due time . So surely you must Invest and HODl for a longer period of time before expecting something tangible.

Secondly government can not control bitcoin because it's a decentralized system which implies that it is not controle by any public entity but by the nodes on the blockchain. each transaction is recorded and duplicated in the public leger among the nodes so this makes it impossible for any transaction to be tampered.

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Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Into global adoption and we're already there but not yet maxed.

Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

Will it make everyone free?

Free from the control of the authorities and your wealth is in your hands.

Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

Will it be regulated and become government controlled?

Sort of, but this is mainly to the businesses that are into Bitcoin like the centralized exchanges.

Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

All normal and crazy theories please Grin

I guess the most common is that it's gonna be dead and in fact, it's been dead for gazillion times.

ChiBitCTy

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I am very hopeful that bitcoin will look similar to the way it looks right now, but that transaction speeds and transaction costs go up and down, respectively. I know this is something that the developer team is hard at work on, it just seems like it’s been taking a lot longer than I ever expected. Rome wasn’t built overnight though, of course, so I’m still very hopeful when it comes to these two things in particular.

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Quote from: Aunt Lydia on June 11, 2024, 07:22:03 AM

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please Grin

if only the government see the purpose and the impact that Bitcoin has brought to the society, then they can regulate and make Bitcoin to be Centralized but right now I don't think if they're seeing the good side of Bitcoin. I believe in the future Bitcoin will hit higher and the world will start to know what Bitcoin have, because right now in some countries the government are fighting each other's so that they can regulate and make Bitcoin to be Centralized. Hopefully in future their is hope that Bitcoin will definitely be regulated and Centralized.

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Quote from: amihada on June 17, 2024, 09:53:28 AM

in the future bitcoin will be increasingly difficult to obtain, right? I'm sure there are countries that store bitcoin assets even though in their country bitcoin is illegal, now it has been proven that bitcoin transactions are very easy and bitcoin transactions cannot be traced, maybe in the future bitcoin will be extraordinary so I recommend hold bitcoin you will be a successful person in the future.

In fact, bitcoin transactions are transparent and traceable, so that everyone can see the data openly so that bitcoin transactions can be tracked, but indeed the user's problem can be anonymous by using his personal wallet.

Of course Bitcoin will be very rare in the future especially if indeed Bitcoin n becomes an anti-inflationary asset and becomes a place to store value by countries, of course bitcoin will be increasingly rare with little volatility so some people don't need to be afraid of price fluctuations, but for government control it will not be possible with its decentralized nature.

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Quote from: bitterguy28 on June 16, 2024, 05:54:39 AM

its our decision to make mate, I believe that the world is still not ready to accept or adopt bitcoin because the government is the one that hindering this to happen ,
like what happened in EL Salvador when they adopted bitcoin many of their people is against this adoption and this is also what is happening in the world now.
so I guess we are waiting for some time or at least another 10 years and lets see what will happen in the next future.
just keep your bitcoin and try not to sell out all your coins.

Bitcoin is widely adopted around the globe right now if we compare it with the past like about 6 to 7 years back because if you do some research, you will find out that there are a lot of services, shops, markets, and other places accepting Bitcoin as payment today, in some places such as Argentina, you can even buy properties using Bitcoin, I know this because I have read a thread here in the forum discussing this thing.

When we talk about the future of Bitcoin, we shouldn't think about it becoming legal all around the world because that might not happen, some countries and their governments will always be against Bitcoin and cryptocurrencies because they don't want to let them rule the finance department and make them lose control.

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