Topic: will bitcoin become obsolete? (Read 4873 times)
At the heart of bitcoin lies a technology that can be improved almost endlessly. It will not become obsolete in 50 years.
Bitcoin will definitely become obsolete sometime in the future, because surely there will be something new that promises greater profits and gets the trust of many people besides bitcoin someday.
I personally cannot be sure that bitcoin will be obsolete in the future, because if that happens then the long-term investment that many people have said, it will be nonsense. If bitcoin will be obsolete in the future, there can't be many investors in bitcoin and there is also no possibility of adoption by many countries. Actions in adoption and long-term investment in bitcoin, I just feel if bitcoin will last for a long time and still hesitate to say if bitcoin will be outdated someday. Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.
Is it possible that bitcoin will be obsolete in the future?
Bitcoin technology is becoming obsolete but it is still the most traded Altcoin so another Altcoin cannot replace it. Bitcoin exists at present not in technology, and it exists because it is high value and easily controlled by large traders.Is it possible that bitcoin will be obsolete in the future?
Bitcoin will definitely become obsolete sometime in the future, because surely there will be something new that promises greater profits and gets the trust of many people besides bitcoin someday.
Now it is too early to talk about this, as bitcoin has not yet fully realized as a currency and its technology is not yet perfect. Therefore, to say that it will become obsolete is not necessary.
It could be assumed that bitcoin will be considered obsolete after years, but now it is impossible to talk about it. Bitcoin regularly improves its technology. And while this will happen, bitcoin will always remain modern.
This year and the next one will be calm. And what you are waiting for is a municipality, will happen only when the practical application of the crypt will enter every house and become necessary for every person. For example, the Internet. Where he was, something was written about him, but we do not care (the 90's, the beginning). And today - without the Internet, no trade, no communication, no work is impossible to imagine. He is everywhere in everything.
The same will happen with the block and the crypt.
And it will turn everyone in this direction, as I see it, a possible world crisis. Which will reveal the next shoals of the banking system. And as a super-medicine and panacea from all possible further jambs a new kind of reality - digital - will be offered. Then the cue ball will go uphill.
And before that, it is only needed by those who can believe and wait.
The same will happen with the block and the crypt.
And it will turn everyone in this direction, as I see it, a possible world crisis. Which will reveal the next shoals of the banking system. And as a super-medicine and panacea from all possible further jambs a new kind of reality - digital - will be offered. Then the cue ball will go uphill.
And before that, it is only needed by those who can believe and wait.
I think that this is hardly possible, because for our happiness, bitcoin is constantly improving its technology that we can observe with you even now. Therefore, it will not become obsolete, but will only get better.
There is always a possibility that bitcoin will become obsolete. But there are still so many people that invest into it. So i think it will stay for a long time.
As long as there is cryptocurtency, bitcoin will be there all along, and always be the best and have the highest price in cryptocurrency. Bitcoin will never be obsolete at any time.
No, Bitcoin will not be obsolete in the future as the technology behind it, the blockchain tech, will remain evolve and change the world positively. Frankly, the world is in need to such technology which is going to be the infrastructure of every domain in our life.
As of now and maybe somee 20 years I think bitcoin is not going to be obsolete yet. The reason is simple it has not been even made known to alot of people. Bitcoin has just started yet. And while bitcoin will have a good purpose or utility to the masses it will continur to be known until another system may come to overthrow it. But this is way too far from happening yet.
Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.
Is it possible that bitcoin will be obsolete in the future?
Along with the times and technology, of course in the next few years or in the future there will be other, better and more sophisticated technologies that resemble bitcoin. And surely someday bitcoin will be obsolete and will be replaced by something new that can resemble bitcoin or not resemble bitcoin.Is it possible that bitcoin will be obsolete in the future?
Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.
Is it possible that bitcoin will be obsolete in the future?
Along with the times and technology, of course in the next few years or in the future there will be other, better and more sophisticated technologies that resemble bitcoin. And surely someday bitcoin will be obsolete and will be replaced by something new that can resemble bitcoin or not resemble bitcoin. Is it possible that bitcoin will be obsolete in the future?
I think nothing can last forever, and also no one knows the future, and maybe bitcoin will be obsolete and replaced by altcoins.
From your analysis then that means if blockchain should become obsolete, then I think bitcoin will follow suite.
Because blockchain is the technology on which bitcoin was built.
If there should come a day when blockchain will be an old system and not in use anymore,
then all coins must die. But I strongly doubt this imaginary idea shall come to pass.
Because blockchain is the technology on which bitcoin was built.
If there should come a day when blockchain will be an old system and not in use anymore,
then all coins must die. But I strongly doubt this imaginary idea shall come to pass.
I think bitcoin cannot become obsolete rather it will upgrade to the best technology in the nearest future.
I think as the world keep developing the need for more suffocated technology that can meet up with the demands that might come in the future in the financial system will be needed and at that time bitcoin may not be able to meet up that demand and have to give way to new technology. But in all I don't think bitcoin will become obsolete in totality.
I think cryptocurrencies are here to stay. Now, some will be more successful than others. I am sure AML BitCoin will be the best coin in the near future as its compliant with KYC and AML.
Haha funny, thanks for the laugh
I think cryptocurrencies are here to stay. Now, some will be more successful than others. I am sure AML BitCoin will be the best coin in the near future as its compliant with KYC and AML.
Jump to: