Of course I really don't know what's going to happen but my best guess with what I know is that it'll fade into obscurity within a year.
Probably my #1 reason for BTC failing is that it's not fiat. All popular currencies are fiat for good reasons.
BTC sort of reminds me of the gold standard being finite and initially "mined". Maybe it's fate is similar. People who don't trust state backed currencies will find use but it will ultimately remain on the fringe for everyday trade.
Of course I really don't know what's going to happen but my best guess with what I know is that it'll fade into obscurity within a year.
Probably my #1 reason for BTC failing is that it's not fiat. All popular currencies are fiat for good reasons.
BTC sort of reminds me of the gold standard being finite and initially "mined". Maybe it's fate is similar. People who don't trust state backed currencies will find use but it will ultimately remain on the fringe for everyday trade.