Hi guys I know we all have been really impressed by how much bitcoin has achieved in a short while. Now personally i have decided to pause and ask certain questions about the future of this new currency. Of all the thoughts that ran through my mind, one prevailed which is: "what could be the end?" As we all know that nothing lasts forever not even the earth so bitcoin can't be an exception. It surely will end certainly but how and when?
This question got me thinking:
What's gonna happen when the whole bitcoin has been mined (as we all know its limited in supply), probably people will go for other coins and bitcoin will devalue.
What if everyone decides to sell off their bitcoins? (I guess it will loose its value as price depends solely on demand)
What happens when the world governments see it as a threat and decides to ban it.
Well I guess Nobody really knows as crypto market is so unpredictable. But we can enjoy them while they are here. But if you can share your thoughts about the possible future of these new currencies, please do.
PS: I'm not against crypto, I'm just trying to give in some thought from a different perspective.