Will Crypto live forever or die? - page 4.

loopes

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Quote from: Janation on December 08, 2020, 05:40:11 AM

War might happen but it won't actually kill Bitcoin.

As far as I know, currencies are not affected during the past wars. It is not that economies stop during wars and the value of currencies or fiat is going flat. Stocks would obviously be affected, the market would obviously be affected but despite that, besides the fact that the cryptocurrency market will also be affected, I don't think it will die.

i dont agree with your statement that said currencies are not affected during the past wars, because when a war occurs, it will give an affect to volatility of the currencies include crypto as well. A physical war can be far more devastating to a country's economy. You can read more about global events include war in here

suzanne5223

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In my opinion, I don't think crypto will live forever, at least those cryptocurrencies with current technology.

Tomorrow is not promised as they said but I don't see any reason why die, vapourize or quench in the next 9,000 years because cryptocurrency holds the key as the future of money and serves as the best alternative in saving the country economy from inflation as explained by the IMF and that's the reason why they advised the government to issue their own national digital currency.

oHnK

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Quote from: Janation on December 08, 2020, 05:40:11 AM

War might happen but it won't actually kill Bitcoin.
As far as I know, currencies are not affected during the past wars. It is not that economies stop during wars and the value of currencies or fiat is going flat.

If the war that occurs destroys the network center in the country, it might affect Bitcoin, without the internet how people can transact. But if it said it was going to kill Bitcoin, it would be hard to happen. Because the concept of the word kill is tantamount to negating Bitcoin, even though Bitcoin has spread on the network. Even if the war destroyed the internet, say. But every country will still rebuild and Bitcoin will still be able to be traded again.

matchi2011

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Quote from: Janation on December 08, 2020, 05:40:11 AM

War might happen but it won't actually kill Bitcoin.

As far as I know, currencies are not affected during the past wars. It is not that economies stop during wars and the value of currencies or fiat is going flat. Stocks would obviously be affected, the market would obviously be affected but despite that, besides the fact that the cryptocurrency market will also be affected, I don't think it will die.

Some countries might be affected if the lines of their internet connections will damage as total wrecked out, that will really hurt bitcoiners
but in general it will continue to exist.

Unless bitcoin suffered from heavy manipulations from those big billionaires who intentionally dumped it out, it's not impossible that those
people can spare their money with such intentions.

Janation

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War might happen but it won't actually kill Bitcoin.

As far as I know, currencies are not affected during the past wars. It is not that economies stop during wars and the value of currencies or fiat is going flat. Stocks would obviously be affected, the market would obviously be affected but despite that, besides the fact that the cryptocurrency market will also be affected, I don't think it will die.

boyptc

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Quote from: chip1994 on December 07, 2020, 12:57:47 PM

When World War 3 came, I thought Crypto in general and Bitcoin in particular were still alive and even stronger. Think about it, when war comes, bombs and bombs will destroy our physical possessions. Houses, gold, and cash can all be lost. But with cryptocurrency, it is non-physical and will never be affected, it even helps people retain assets when people just buy the coin and hold it in the cold wallets.
Cryptocurrency is having a very positive effect on the general economy and it is really a great solution to reduce inflation. Therefore, it never dies and can only thrive when negative economic or political events happen. Wink

The network would somehow suspend if all internet infrastructures are affected and destroyed.

Nevertheless, it will continue to operate as long as there are enough miners and transactions happening in the chain. It's just all about infras and operations even war comes or if the Internet will be suspended affecting the world but that's unlikely.

chip1994

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When World War 3 came, I thought Crypto in general and Bitcoin in particular were still alive and even stronger. Think about it, when war comes, bombs and bombs will destroy our physical possessions. Houses, gold, and cash can all be lost. But with cryptocurrency, it is non-physical and will never be affected, it even helps people retain assets when people just buy the coin and hold it in the cold wallets.
Cryptocurrency is having a very positive effect on the general economy and it is really a great solution to reduce inflation. Therefore, it never dies and can only thrive when negative economic or political events happen. Wink

konflikkastil

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What comes to my mind first was that, could money ever die or disappear one day? No, the answer is capital NO. Because back to history there has been different means of Exchange. It first started with trade and batter. Where you bring what you have in exchange for what you need. And a time came when the realized that there were cheating in the dealings. They have to come with other means. Which resulted to money. From the era of only coins to when paper money era. Now comes the digital money. Which will all call digital currencies. I believe crypto is the next generation of currency.

Noctis Connor

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Quote from: Gemini24 on December 02, 2020, 08:01:02 AM

Many are relying in crypto trading and making this as their main source of daily living , it's sad to think if crypto will die but for now let's just enjoy what crypto brings to us. I hope and pray that WW3 will never happen again, i'm sure most of us are going to die in that war and do you think that we can pay attention our crpyto if that war starting to destroy us?

World is not going to happens because of our international law which it can be prevail for happening, most of us don't want war , war only brings money and young youth will die because of it, Well bitcoin will not going to die it is per to per as long as their are users bitcoin will be stays forever , yes Many are relaying in crypto trading nowadays not only because we had pandemic but it is source of income where people depends on it for their daily financial needs since some of businesses are closed and lots of people don't have work. For now crypto is a life saving.

Oceat

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Quote from: Rexler on December 05, 2020, 03:57:23 PM

In my own opinion as long as the internet continues working after the world war, then bitcoin and other cryptocurrencies will continue to exist the only down side to this will be that the circulation of bitcoin will definitely reduce alot, cause one way or the other so many people who have bitcoin in their wallets won't make it past the war meaning they might die due to the catastrophes that accompany wars, no matter what US are doing I just hope it doesn't lead to war, cause war is never a good way to solve dispute.

That escalated too quickly but I'm not sure if there will be a world war or a war of the entire country because I'm sure everyone learned the cause and effect of having a world war. Do you think other countries will participate if ever someone started a war? And of course, Bitcoin will definitely continue to work because there are people who keep doing some transaction. I don't think if the circulation of Bitcoin would reduce but I'm sure the price will raise if ever volume is getting smaller although the price will also depends on the supply and demand.

lixer

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Bitcoin will live forever I believe, but just like people said in the past, when the internet became a thing and when dotcom bubble happened, we all knew that it wasn't really a "bubble" because some companies would have survived and made money.

During that dotcom bubble we had amazon go down historically and it was one of the hundreds of companies that became worth nearly nothing at all, while all others went down and became nothing, amazon became one of the biggest companies in the whole world right now, because it stuck with the idea and didn't cared about what people pay for its stock price or assumed what it was and they got super rich thanks to it in the end. Basically crypto will have a lot of bubble bursts that will destroy many coins but in the end few will survive and get be more than we can imagine.

Quidat

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Quote from: iamsheikhadil on December 05, 2020, 05:18:33 AM

Quote from: Kopetunto on December 02, 2020, 06:53:11 AM

It's a little scary to hear the word "die" for crypto currency,
crypto currency for me has become a job, because my income is on trading and investing,
if cryptocurrencies die, of course this will be a great history and can not be forgotten, hopefully.
Bitcoin and other cryptocurrencies will always be alive.

Everything has to die one day, and when one day we will find some technology better than blockchain, then surely we will migrate to that. World is dynamic and it's better that way! We gotta attach then detach then attach. Once there were currencies we used which were cows, goats, but then we started to trade with gold.

Technology does evolved and progress thats why we can definitely see up lots of changes if we do based up even on simpliest things like appliances or as simple as mobile phones or
way of communication and as you mentioned where theres always a possibility for crypto to be replaced yet nothing do last out forever but if we do just base off on how
revolutionary this tech is then its safe to presume that this will remain for a while or longer years in the future.It all talks about relevance and actual utility.
Things cant just go that too far or be mainly in used if it doesnt really have an actual purpose or cant be use by the masses or making things convenient and accessible.
So things might not be that permanent but we can presume that Crypto will live for more longer years to come but doesnt mean that i cant possibly die.

Rexler

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In my own opinion as long as the internet continues working after the world war, then bitcoin and other cryptocurrencies will continue to exist the only down side to this will be that the circulation of bitcoin will definitely reduce alot, cause one way or the other so many people who have bitcoin in their wallets won't make it past the war meaning they might die due to the catastrophes that accompany wars, no matter what US are doing I just hope it doesn't lead to war, cause war is never a good way to solve dispute.

TheGreatPython

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This all depends on fiat as well. As long as fiat is the standard, crypto will live together with it. I do see humanity becoming a lot more technologically advanced enough to stop using both crypto and fiat, I see humanity using machines to produce food whenever they want and have a world where nobody need resources ever again, that is of course at least 100+ years away but with the advancements in the world, if someone wants an apple, they will just push a button and an apple will be produced for them, like high-tech futuristic movies, because it looks more and more possible.

In a world like that, there may not be a need for money, at that point crypto could be gone. However as long as we keep using money, we are going to need crypto as well as fiat too.

meldrio1

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I don't think bitcoin or cryptos will die because of world war but the market might go down and I think the market will be bearish because of the war, the economy of the countries will be affected I guess. But if they using nuke then for sure the cryptos will die and also we. Lol

iamsheikhadil

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Quote from: Kopetunto on December 02, 2020, 06:53:11 AM

It's a little scary to hear the word "die" for crypto currency,
crypto currency for me has become a job, because my income is on trading and investing,
if cryptocurrencies die, of course this will be a great history and can not be forgotten, hopefully.
Bitcoin and other cryptocurrencies will always be alive.

Everything has to die one day, and when one day we will find some technology better than blockchain, then surely we will migrate to that. World is dynamic and it's better that way! We gotta attach then detach then attach. Once there were currencies we used which were cows, goats, but then we started to trade with gold.

Ayiranorea

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Cryptocurrency will live forever. More and more adoption is happening along with true rise in the usage of bitcoin on regular needs. With time the market is getting matured. More the usage, more will be the growth. Now the same is happening with bitcoin. Possibly we can expect more countries to legalize the usage. Anyway the usage of bitcoin keeps the bitcoin and the network live forever.

Shasha80

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I hate to admit that crypto can't live forever, because someday there will definitely be a much more sophisticated technology
that can replace crypto. But it may take a very long time, so I don't want to think too far. Better focus on what's happening
right now, which cryptocurrency is still in the development stage. There is still a lot of promotion and education about cryptocurrency
to all people in the world, so that more people will use cryptocurrency.

Fortify

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I think it is still quite a long time away, but ultimately bitcoin relies on mathematics to keep your funds safe and it is hidden behind a wall of cryptography. You could argue that quantum computer will at some point make it possible to crack into bitcoin wallets, but you have to wonder if at the same time it would make all other encryption (like the setup keeping mainstream bank accounts safe) will also be cracked at that time. It is possible that banks could potentially adapt to improve their security before bitcoin evolves to do the same - that is the only way I can see it dying out.

sort_cirkit

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The brave never cheat. As prices began to fall, cowardly people began to think that the days of bitcoin were over. In fact Bitcoin has come to be eternal. You have to stay intact without listening to wrong words. Bitcoin will not be able to suppress any adversity in any way.

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