Topic: will bitcoin become obsolete? - page 21. (Read 4926 times)
I don’t think bitcoin will become obsolete in the future. Things will change, technology will advance other cryptos may arise but bitcoin will continue to exist. It will not become obsolete as long as crypto exist.
I think that bitcoin will not become obsolete even after it stops mining, because now bitcoin is a reflection of the entire cryptocurrency market. Some kind of cryptocurrency index, and he won't die. IMHO
never btc will change the way one day
I think bitcoin will lose first place in the future. He was a pioneer in the crypto world, but now there are better coins that are better than bitcoin (Ethereum, monero...)
Everything can wind up out of date in the long run. In the event that by "future" you mean 40 years to come or more.yes it can. it's possible that Bitcoin probably won't be near, yet in the event that you mean 5 years at that point I'd state the odds are exceptionally thin.
It MIGHT become obsolete but not earlier than in 20-30 years. Bitcoin is strong enough to withstand in this fight. It will be as popular as no one cryptocurrency. I believe in BTC.
In my opinion after some time Bitcoin will become obsolete. The technology keeps on being improved day by day. We are heading towards feeless and split of a second fast transactions.
These are just my thoughts so please don't quote me on this. I think, in the future, there will be an untraceable blockchain that will be invented. Something much highly advanced which will avoid scams and fraud on cryptocurrencies. That said, bitcoin may be replaced by also highly advanced type of cryptos which may make bitcoin obsolete but not yet. It take many more years, perhaps even decades, for the technology to design something like that.
Ask yourself this, will gold become obsolete? There it is ,you've got your answer.
Although, I haven't seen any reasons why bitcoin should become obsolete so far, I'm aware of the fact that nothing can stop people from developing something new, more reliable and sophisticated than before. Should this happen, Btc could potentially be replaced by some more advanced crypto, unless Btc develops as well. I know it sounds ridiculous for some people, but do you remember what many photographers said about digital cameras? I do! They said digital cameras will never replace film because film is unique, it has some characteristics that were impossible to be reproduced by digital cameras, etc., etc... Whatever happened to film cameras? Does anybody use them anymore?
Think about it.
Think about it.
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?
all technology in the world is outdated, nothing is new every time.Is it possible that bitcoin will be obsolete in the future?
but I think blockchain is an exception, blockchain is a super-high security system, honestly, isn't that what everyone in the world has been looking for?
thus you already understand the answer. blockchain will never be obsolete, because blockchain it is needed.
Everything can become obsolete eventually. If by "future" you mean 100 years then yes it's likely that Bitcoin might not be around, but if you mean 5 years then I'd say the chances are very slim.
agree,it will never happen.maybe more coins will come but obsolete,its a no.people will sure turn to cryptocurrency as their other income.
every technology always has the latest updates, but so far many still use bitcoin rather than the latest ones like BCH. BCH transaction capacity is greater than Bitcoin, but does not change bitcoin users. they still make Bitcoin number 1. so I think Bitcoin will still be used in the future.
I think Bitcoin will not be outdated. On the contrary, I think Bitcoin will grow with the blockchain and will be accepted by more and more people!
i don't think bitcoin will ever be obsolate. the relivance of this innovation and those it carries can not make make it be de-valued. if evre bitcoin is going to be obsolate then i think their will be another innovation that will be far bigger than what we are experincing now with bitcoin. i dont even wanna think about bitcoin being obsolate.
no one can predict the future is all still in the process, including bitcoin also currently still in the process of developing to become one of the global digital currencies and become legal in all countries
That is a very wrong speculation, of others who are againts bitcoin, because they feel bad that they are included in the bitcoin fame and popularity, we can not deny that crypto and bitcoin are very successful technology being launched, so it is far from over that bitcoin will be obsolete someday
As we are moving into the future everything will become obsolete even us people we will eventually die. But doesn't always a bad thing, old things will be replaced with new and much efficient things. Bitcoin and the technology behind it will become obsolete in the future by the whole idea will remain and something new and much more efficient will be born out of this.
all thing will be obsolete if people don't use it anymore, and I think bitcoin will be obsolete if it doesn't used by people too, or maybe there are a new platform that better than bitcoin in the security and many things, so if you want to makes bitcoin more popular i think you should tell people about bitcoin and use it everyday
maybe, because now bitcoin has begun to be forgotten, it's because bitcoin users have started to move to coins that have a high selling power, therefore seeing the condition of bitcoin now is worth saying obsolete...
Bitcoin will never the obsolete ,it will always have its value
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