Topic: Will Bitcoin disappear? - page 2. (Read 306 times)
No matter how many times the governments try to invade bitcoin, they can only try and control the third-party services and providers but never bitcoin itself. Sure they can cripple the industry by sending out unfair and unjust regulations from across the board, but ultimately the choice of the masses will prevail and we’ll see the effects of restricting access to bitcoin once we’re there. Valuation would only improve more and more and the governments would fail to stop bitcoin since underground economies would still exist and would surely flourish.
Stop this non-sense at once! This matter has been discussed many times here and the misinformation is doing its rounds and causing unnecessary panic! If quantum computee is built, anything that uses encryption, will become useless! The banking network will be affected most, not only bitcoin!
Looking at the eye-popping cost and the complexity, it's highly unlikely that it will be available for public use in future! Only few billion dollar valued organizations will be using it and its usage will be highly controlled! There's very very less chance that bitcoin network will be attacked specifically!
Looking at the eye-popping cost and the complexity, it's highly unlikely that it will be available for public use in future! Only few billion dollar valued organizations will be using it and its usage will be highly controlled! There's very very less chance that bitcoin network will be attacked specifically!
Bitcoin will never be lost or controlled by the government, because bitcoin has no control by anyone here, the community uses bitcoin a lot and cannot be stopped anymore, now bitcoin has reached the whole world knowing that bitcoin is a currency that cannot be control the government.
This question has been asked a thousand times but bitcoin is still continue to exist despite of those negative feedback. As long as the people continue to support bitcoin there is no problem of the existence and those who want to compete with bitcoin can try their best but none of them have been successful yet.
Bitcoin's Enemies Are Planning Their Revenge
The only enemies here are the money-hungry governments from across the world who want to establish control over the cryptocurrency to the highest extent. Not only do they urge on taxing crypto holders residing within the country but also want to pile up additional stipulations and regulations for trading the same.
Bitcoin will never disappear because the only thing the network needs to stay alive are a few full nodes connected to each other with some mining power.
Bitcoin is resistant to censorship from governments. They can for sure create many difficulties which will crash the price and postpone adoption. But they certainly can't kill it.
Bitcoin is resistant to censorship from governments. They can for sure create many difficulties which will crash the price and postpone adoption. But they certainly can't kill it.
Bitcoin will not be disappear due to the new coin being released by China. Bitcoin remains stable and can withstand whatever altcoin comes. This is because of us, because of our continued support and trust in Bitcoin. And I'm sure Bitcoin will still dominate the market and no other coin will beat it.
Bitcoin is still in the leading position of cryptocurrency and if it dies, the rest will die. However, I don't think this will happen, because the massive price manipulators that currently control the bull and bear cycles of most cryptos want BTC to remain alive to keep their investments valuable, but at the same time BTC continues to be propped up by the massive social engineering effort being used to fool the public about it's lack of long-term fundamentals and tell them Bitcoin is dying. this may be the intended goal of those who control BTC and hope to show "crypto" was always a bad idea. If the manipulators buy BSV and choose to flippen BTC/BSV values, they can make huge amounts of money.
Nothing is permanent here. But I'm quit sure government's won't be able to stop it as more they criminalize it, more popular it would get. If government took a harsh action against bitcoin, it's traders and users, that would be counterproductive for them. They might be able to restrain somewhere for sometime but sooner or later there would be no firewall to block bitcoin.
There is always possibility that bitcoin can be replace by other currencies using the same blockchain technology since we all know that we are going to be there . But i don't see it to happen this year it's need more year before masses accept that currency if there is one want to replace it .
If they plan to destroy bitcoin just to have adoption for thier own currency I think this one will not work. Investors will only move to other crypto currency that secure in quantum attack .
If they plan to destroy bitcoin just to have adoption for thier own currency I think this one will not work. Investors will only move to other crypto currency that secure in quantum attack .
I think bitcoin won't disappear as long as the community still exists, and the government won't be able to stop it, because they have no control over bitcoin, bitcoin is a technology that can not be avoided by anyone including the government.
Bitcoin's Enemies Are Planning Their Revenge
https://www.bloomberg.com/opinion/articles/2019-11-04/bitcoin-s-government-enemies-will-have-their-sweet-revenge
https://www.bloomberg.com/opinion/articles/2019-11-04/bitcoin-s-government-enemies-will-have-their-sweet-revenge
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