There is a so-called letter from the future, which gives the forecast of bitcoin for 10 years in advance and according to it, in 2024, bitcoin will become the currency of the world and this will lead to a large-scale civil war: on the one hand, rich owners of bitcoins, on the other, those who did not get BTC .
It sounds tempting and scary at the same time. This prediction is already 6 years old, and today we can make our forecast on bitcoin for 5 years in advance. We suggest considering several scenarios of the future: from the fast native to the international ban on cryptocurrencies. Why this can happen and how to respond to such challenges.
Bitcoin tuzemun
In a letter from the future, bitcoin replaced the rest of the money and this gave rise to many problems. But we do not adhere to such a radical scenario and believe that the mere existence of bitcoin is not enough for humanity to abandon national currencies and choose cryptocurrencies. In order for this to become a reality, governments must set an example of the ingenious “samozakop” and literally destroy the economies of their own countries. And the financial crisis that hangs over us promises to be strong, but not so much that the global economy has changed dramatically.
The irreversibility of the financial crisis and cryptocurrencies at the service of the economy
Therefore, in our understanding, the optimal scenario for the future bitcoin for the next five years is to work out a four-year cycle, when after halving we will enter the phase of sustainable growth, and after a half and a half dash two years, the price will fly to the moon. What will be the price? Our opinion is that Bitcoin can make 10x of the current maximum, so $ 200,000 per coin in 2021 or 2022 is quite real.
What will happen to the native? For example, institutionalists will finally come to us, will central banks begin to buy bitcoin in their reserves, or will the financial crisis collapse national currencies? Each of these options is possible to varying degrees, but in practice we can not wait for them. If you follow the cryptocurrency industry, then you see its development and the growth of the scope of adoption. And let us move slower than we would like, but the speed is growing steadily and over time it will provoke a new hype and a parabolic price increase.
And based on this theory of the future, in 2024 we will again find ourselves in a bear market and will give some $ 30,000 for bitcoin. Many will clutch their heads and shout that everything is lost, but for us personally, it will be all the same to us, because we have already caught our rocket.
Tuzemun did not come Bitcoin's
downfall
As they say, hope for the best, but get ready for the worst. So let's imagine that there will not be an ace, there will be absolutely no, that is, in general!
Stop panic and stop packing your bags. We immediately said that we would consider both positive and negative future scenarios. Let's better figure out what should happen so that the native would never come. We see three possible reasons. The first is a total ban and restrictions, but we will talk about it separately.
The second trouble is a local armageddon, which, for example, will put a bitcoin network. Remember the scary stories about a quantum computer, so let's assume that something like this happened and the network became unreliable. In this case, the flight to the moon does not shine for us, but we know the main principles of bitcoin and nothing will prevent us from creating it again, taking into account the mistakes made. This is not about “shit-blows”, which back in 2017 were riveted in an enormous amount, but the real reincarnation of bitcoin, supported by the entire community, which by that time will become much larger and more cohesive. And due to this, we do not have to again go the way from zero to $ 20,000 and higher, the starting price will be much higher and more pleasant.
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The third reason for the abolition of tuzemun is the loss of confidence in the asset, and this can happen due to increasing market manipulations. If you go overboard right now with hikes up and down, then Bitcoin may never find new investors. We can only rely on the greed of those who have already accumulated huge capital in cryptocurrency, because parabolic growth is also beneficial for them. But if the price remains unpredictable and will regularly arrange a roller coaster, then the community will have to deal with them and something like this will pass the next exciting five years. We have weapons for this, we are talking about boycotting exchanges, launching full nodes and refusing to sell bitcoins, despite the fact that they will need to be redeemed from the “whales” gradually and as much as possible during price dumps. Can the community win? We are sure that he can
Bitcoin banned
The ban on bitcoin and cryptocurrencies
If it is hypothetically assumed that the United States, China, Russia, the European Union, etc. took and banned cryptocurrencies. Indeed, there is such a possibility hypothetically, and it will certainly affect the course, because it is one thing to drown for freedom and quite another to fight for it. We will be forced to switch to the underground underground mode of existence, independently supporting the operation of the network and paying off cryptocurrency among themselves.
And we have great suspicions that such thoughts were visited by leaders of the leading countries of the world, but they must understand how difficult it is to realize this from a technical point of view. And at the same time, the darknet already exists and if we are forced to leave it, then so be it. We will sell real goods there for cryptocurrencies and cut content in support of bitcoin. Already now we periodically talk about digital resistance, because there is a demand for privacy and personal control of our own finances. And in this case, the prediction of a global global confrontation of a guest from the future may come true. But it will happen in digital space and Bitcoin will be on the good side as the main symbol and means of freedom.
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Will states introduce a total ban on bitcoin? We think not and that's why. There are several reasons. In fact, bitcoin is beneficial to states, because it is another industry where you can make good money and it actually carries a minimum of costs. It’s like the Internet, which only stubborn governments can refuse, for which fear of losing power is much stronger than common sense and understanding how to make money from it. And while Bitcoin fits perfectly into the modern financial world, which implies transparency of payments.
Bitcoin in five years. The
so-called pseudo-anonymity of Bitcoin allows for a compromise with states. Because you and only you control your account and no one can cancel the transaction. But you can always see the transaction history in the blockchain and make sure that there are no illegal operations. So there can be no complaints against me and there is no reason to prohibit such a payment network.