What will be the fate of blockchain in the next ten years?

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Prediction of the fate of Bitcoin 10 years or even 30 years ahead bitcoin will still exist even 20 or 30 years ahead 1 bitcoin will be equivalent to 1 price of Ferrari sports cars.

Is that so?

1. Bitcoin halving every 5 years, so far bitcoin has only done 2x halving and you see a significant increase in bitcoin prices from year to year. After halving the 4th or 5th automatic bitcoin will be increasingly difficult to mine and will get less and less. Miners are also reluctant to sell their mining products at cheap prices.

2. Developed countries with industry and rapid growth have also looked at bitcoin as another alternative means of payment. For example, Japan, which in April has authorized bitcoin as a legitimate payment instrument in Japan. Next year Russia's plan will also legalize bitcoin (read this article: http://www.coindesk.com/russia-eyes-legal-recognition-for-bitcoin-in-2018) and if that happens Russian people will flock -bonding to buy bitcoin and finally the price of bitcoin will soar higher.

3. Bitcoin cannot be intervened by anyone and anywhere. Those who want to have bitcoin must buy and mine, even Nakamoto himself must mine to get bitcoin.

From the 3 indicators above, maybe we can predict what bitcoin future will look like. And altcoins that have been traded with local currencies are just another alternative to bitcoin and "can't replace Bitcoin" and ultimately go back to BITCOIN.

Then for promising Altcoins and have good prospects, namely:

1. ETH: Ethereum is now on the rise because projects that use ETH token average ICO are successful, so the developers start to look at ETH. Just imagine last year 1 ETH = $ 7.5. Now the price is above $ 100/1 ETH.

2. NMC: Namecoin is one of my favorite altcoins, NMC has been widely used by Caucasians to trade in offline markets or cafes. And the developers also always maintain market stability.

What will be the fate of blockchain in the next ten years? | Ecency