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 September 28, 2020 at 07:11AM by stackingsatseveryday https://ift.tt/348Kd94

Comments

Popular posts from this blog

No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)

Day 9: I will post this guide regularly until available solutions like SegWit, order batching, and Lightning payment channels are mass adopted, the mempool is empty once again, and tx fees are low. Have you done your part?