Monday, 28 September 2020

What is the greatest threat to bitcoin’s success beyond 2020?

As of today (September 2020), what do you think is the greatest threat to bitcoin’s success in getting to 6-digit price?

  • Other cryptos
  • Government’s banning/regulations
  • Governments decide to become fiscally responsible
  • Mining becomes unprofitable
  • Network becomes too congested when price rise and transaction fees get too prohibitively expensive
  • Failure of micropayments (LN turns out to be not usable/scalable)
  • Tether getting audited and bring down all cryptos
  • solvency issues and liquidity crisis
  • something else not mentioned?

Thoughts?

submitted by /u/stackingsatseveryday
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