RE: Bitcoin Will Fail In The Future

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Bitcoin Will Fail In The Future

in bitcoin •  7 years ago 

Haha nooo. I did mention this point too. At some point, the transaction fees just won't be enough to keep the miners afloat and they might just get fed up and leave which would leave the Bitcoin open to 51% attacks as hash powers decrease and some random company decides to buy up more power and control BTC.

Not to mention Bitcoin transactions wont get confirmed OR they would be too expensive to have any practical use and that would lead to failure as well :/

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