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Ivan Zheludkov2013-11-25 15:31:46
bitcoin
Ivan Zheludkov, 2013-11-25 15:31:46

How secure is Bitcoin?

I have read a bunch of articles, including the bitcoin site itself and its wiki. But he couldn't understand.
If the difficulty of finding blocks is constantly growing, it becomes more and more difficult to get the currency. And somewhere they even wrote: "Someday it will not be possible to get bitcoins by mining."
From here I am trying to conclude that bitcoin cannot become the currency of the future, because the system is built in such a way that it drives itself into a dead end. I probably misunderstood, which is why I'm asking the question. Why does everyone claim that this is the currency of the future, if there are the above points, and is it true (what I described above).
That is, having bought 1 bitcoin now, for example. I will have $700 in bitcoins, will I be able to withdraw them in, say, 10 years, will bitcoin be usable at that time if people continue to use it?
PS I'm not talking about jumps in the bitcoin rate.

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7 answer(s)
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svd71_1, 2013-11-25
@webvany

Here, for example, before everything was measured in the "gold standard" (the old type of bitcoins). That is, how much one state has the opportunity to get a "gold reserve" - ​​to mine (including by alchemy), to develop a deposit, to buy from other countries. Then it turned out that this standard is not enough and it is finite, it included the entire platinum group.
As a result, there is a precedent where one country abandoned this standard (I would say introduced its own bitcoins), while other countries are gloatingly waiting for a crisis to come and devalue their bitcoins. But this, despite all the predictions, does not happen.
Do you have enough examples from life?
PS: The value of bitcoins is made up of the cost of their calculations and the interest of the people who bought them.

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prlepiped, 2016-04-10
@prlepiped

>From here I am trying to conclude that bitcoin cannot become the currency of the future, because the system is built in such a way that it drives itself into a dead end.
This is more of a political issue than an economic one. Here, more than 80% of all gold is held by some, let's say, oligarchs (Rothschilds, Rockefellers, Baruchs, etc.), and at the same time, this does not prevent gold from being an integral part of the gold reserves of many large countries along with the dollar and the euro.

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profittraded, 2018-03-21
@profittraded

As planned by the developers, after the development of all the coins, the network will live off the commission from transactions. And if you think about it, the impossibility of mining will not collapse, but rather raise the price of bitcoin. by all market laws, unlimited demand for a limited asset always raises the price of the latter.

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Crypto Gangsta, 2018-03-21
@cryptgangsta

Everything will be fine with Bitcoin in 10 and 20 years. There are exchangers where you can easily exchange bitcoins for rubles, dollars and euros. Some have been around for a long time and have a good reputation. There are also services that help track the best rate among a wide variety of exchangers. Such as an expert course, ascoin, etc. For example, I use Ascoin monitoring. There immediately goes sorting at a favorable rate and direction of exchange.

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jackal_snake, 2014-03-09
@jackal_snake

and what happens if someone cuts a ditch with a tapor, ?

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Olga_iev, 2015-02-02
@Olga_iev

How reliable it is, read here: vladoschiehov.wix.com/cryptomania#!direct-pay-biz/csoy The
information is very accessible! :)

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asessor, 2017-01-05
@asessor

With ever-increasing complexity, the last bitcoin will be mined in 100 years. And even after that, the system will function by paying for transactions (the commission will be very low). Therefore, in 10 and 20 years, you will be able to exchange bitcoins for fiat currency, if they still exist at that time! Read more about bitcoin, maybe this information will help you - cryptmaster.ru/chto-takoe-bitkoin

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