Former Bitcoin lead dev predicts demise of BTC network ... with a major silve...
Bitcoin prices could reach $6 million per coin in forty years’ time, but the whales may eventually pull the plug. A former lead developer for the Bitcoin network has postulated a possible future for the world’s most popular cryptocurrency which includes an epic price prediction.Software developer Gavin Andresen published a recent blog post called “A Possible BTC Future” in which he predicts the demise of the Bitcoin network.Before BTC meets its end, it will reach a price of $6 million per coin in 2061, Andresen predicts. Before you get too excited, he added that $1 million dollars today....
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Litecoin was once touted as the ultimate Bitcoin replacement, thanks to its faster transaction times and different type of mining technology required. However, the Bitcoin demise was not achieved, and while Litecoin still has some value to this very day, it will not succeed in taking the crown from the leading currency. Even though digital currency has only been around for a handful of years so far, talks about the Bitcoin demise have been gravely exaggerated by the mainstream media and supporters of altcoins. Granted, there are other projects in existence that are not Bitcoin right now,....
With the rise of Bitcoin’s network effects comes the equivalent demise in legacy finance’s network effects.
Could Bitcoin stick it out like a roach, or would a worldwide collapse lead to the inevitable demise of Bitcoin?
Just as old technologies give way to newer ones, so must be the case for the financial industry. According to bitcoin advocate Barry Silbert, payment services like Western Union and MoneyGram could soon see their demise as the digital currency industry grows. This phenomenon has been witnessed in the music industry, which saw the closure of Tower Records, and the photography world, wherein the shift to digital format led to the bankruptcy of film company Kodak. Silbert predicts that it will also be a "slow death" for traditional payment companies, as mainstream acceptance of bitcoin grows.....
Last week, Finder.com, an industry-leading price comparison website, revised its price forecast for the Shiba Inu cryptocurrency. Recently, Finder polled a panel of 36 fintech experts for their opinions on the future performance of shiba inu over the next decade. According to the majority of Finder’s Shiba Inu price predictions report panel, “the meme coin’s demise […]