A currency can only function as long as it is accepted. That the entire issue in a nutshell. I'm not setting a question mark after the system of bitcoins, and a "evolving" encryption. The issue is, if the entire world wants bigcoins, what then? Lets say all 21 million is in circulation, 7 billion people are using them, 15 years later, 8 billion on earth. those 21 Million BTC must be interdevided once more, the value may very well go up, but who will give up there bitcoins then?
Will BTC crash, will we go over to government controlled currency again?
Mads Schmidt Petersen
Founder and CTO at BitBrochure Corporation Ltd.
Where can I spend my Bitcoins?
bitbrochure.com
Topic: Where is Bitcoins growing (Read 2794 times)
What do you mean? Bitcoin will only have 21 million in existence. Therefore, should last. If Bitcoin will still be used in 200 years, I'm not sure. In the next 50 years, I believe so. I think the estimated time for the remaining Bitcoins to be mined is 40 years (Don't quote me on that, I'm not 100% sure).
There has been a lot "slander" talk about bitcoins, people are calling it a fart in the wind. But where is it going? what do you think? will Bitcoins fly to high and burn, giving way for Bitcoins 2.0, or are will last for the next 200 years?
What is your take on Bitcoins?
Looking forward to hearing your opinion
Mads Schmidt Petersen
Founder and CTO at BitBrochure Corporation Ltd.
Where can I spend my Bitcoins?
bitbrochure.com
What is your take on Bitcoins?
Looking forward to hearing your opinion
Mads Schmidt Petersen
Founder and CTO at BitBrochure Corporation Ltd.
Where can I spend my Bitcoins?
bitbrochure.com
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