Re:It can all go to zero
by adamnemecek on Tuesday January 16, 2018 @03:33PM
(#16162183)
We actually kinda agree. I'm fundamentally saying that crypto wont go away.
Re:It can all go to zero
by martin1975 on Tuesday January 16, 2018 @03:53PM
(#16162435)
No legacy ever really goes away. However it slips into irrelevance unless it's built on sound foundations that can be evolved. Sad to say, no PoW currency has a sound foundation that can be expanded and evolved... like tcp/ip has been able to evolve over the last 40-50 years.
2) Bitcoin's blockchain grows to petabytes or exabytes in size thus becoming horrendously slow to both replicate or even host
3) Bitcoin is surpassed by a better technology, such as Cardano or IOTA. This won't kill it but it will stunt/cap its growth indefinitely.
4) Bitcoin fails to integrate into the legacy world fully by remaining pseudonymous, reluctant or refusing to comply with AML/KYC regulations everywhere in the world, developed or not. It then maxes out in growth. Again, not a failure case, as whatever value was there will probably still remain, but it will be dwindled down significantly.
I'm sure there's more but I can't think of all of them...