InvestGrail
  • Top FX EAs
  • Investing 101
    • Crypto
    • Options
    • Forex
    • Stock Market
  • Strategies
    • Day Trading
    • Swing Trading
    • Arbitrage
    • Investing
    • Options
  • Analysis
    • Technical Analysis
    • Fundamental Analysis
  • Reviews
    • Online Brokers
    • Forex Expert Advisors
    • Crypto Robots
    • Investing Apps
  • Top Articles
    • Best Forex Robots – Top 6 FX EAs 2022
    • Best Desktop Crypto Portfolio Trackers
    • Best 6 Forex Brokers That Accepts Crypto Deposit for Trading
    • The Best Copy Trading Platforms List: Pros, Cons and Comparison
    • Top 5 Best Coins to Mine for Beginners
    • Top 5 Best Gaming Crypto Coins to Participate

Without reforms, Bitcoin’s economic model may collapse, leading to a price crash as institutional players exit early.

Bitcoin (BTC) is under fire as critics argue that its fundamental principles have been abandoned. According to Justin Bons, a crypto researcher and investor, BTC has lost its cypherpunk ideals. He claims that governance is controlled by a small group, blocking scalability improvements and threatening Bitcoin’s long-term viability.

Bitcoin’s governance has become centralized, Bons asserts. Initially, Bitcoin aimed to provide decentralization, financial sovereignty, and censorship resistance. However, Bons argues that the Bitcoin Core team has shifted its purpose. By limiting scalability, BTC can only handle around seven transactions per second. Consequently, transaction fees spike whenever network activity rises.

Moreover, Bons highlights that BTC’s security model is in jeopardy. Initially, Bitcoin relied on transaction fees and block rewards for network security. However, since Bitcoin Core prevents transaction volume growth, long-term security funding remains uncertain. Hence, in 8 to 12 years, BTC may require an increase beyond the 21 million supply cap to survive.

Bitcoin’s current trajectory forces users toward centralized custodians. Since transaction fees are high and scalability is lacking, users opt for off-chain solutions. However, this contradicts Bitcoin’s original vision of decentralization.

Additionally, the lack of scalability could trigger a “bank run” scenario. If holders attempt to exit in large numbers, network congestion would make transactions slow and expensive. Consequently, liquidity could be trapped, further shaking investor confidence.

Bons predicts BTC’s collapse within the next decade due to its flawed economic model. He states that Bitcoin Core’s decision to rely on high fees rather than mass adoption is unrealistic. If no changes occur, BTC may fail to maintain network security, forcing controversial inflation adjustments.

Moreover, as institutional players recognize these risks, a social collapse may occur before the technical downfall. Large stakeholders may exit early, leading to a price crash. Consequently, retail investors could suffer significant losses.

Despite his criticisms, Bons remains a strong advocate of cryptocurrency. He calls on the community to embrace Bitcoin’s “children” – alternative projects that follow the principles of decentralization and scalability. He argues that these successors will be required to realize Satoshi Nakamoto’s vision. There remain uncertainties about the future of Bitcoin. However, Bons says that BTC’s supremacy will be challenged in the near future if some critical changes are delayed

Discover 10 Best FX EAs That Are Worth Investing
Share
0
FacebookTwitterPinterest
previous post
MOMO’S BREAKOUT BOARD : Are you on the fence about $NUGN? Imagin…
next post
Breaking: US SEC Acknowledges Grayscale’s Spot Cardano ETF Filing · Cardano Feed

Related Posts

Bitcoin surge triggers investment boom in Europe and...

07/12/2025

Bitcoin Hits Record $113K as $575M in Shorts...

07/11/2025

Govt enacts law to regulate VAs, plans pilot...

07/10/2025

Funeral home owner accused of stashing decaying bodies...

07/09/2025

Has the Airbnb bubble burst?

07/08/2025

Tinubu has changed narrative of NDDC, says Ogbuku,...

07/07/2025

What happens if $FUN hits $0.10? Price scenarios,...

07/06/2025

AAS MINER Announces the Launch of an Innovative...

07/05/2025

Is Strategy Stock (MSTR) Still a Buy After...

07/04/2025

Sberbank’s CEO not keen on Russia’s digital ruble...

07/03/2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

99  −  96  =  

Recent Posts

  • Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner
  • Bitcoin Hits Record $113K as $575M in Shorts Get Liquidated – TokenPost
  • Govt enacts law to regulate VAs, plans pilot for digital currency – Daily Times
  • Funeral home owner accused of stashing decaying bodies expected to plead guilty in federal court
  • Has the Airbnb bubble burst?

Top Articles

  • The Best Copy Trading Platforms List: Pros, Cons and Comparison

    06/28/2022
  • Best 5 Silver Backed Cryptocurrency to Buy Right Now

    05/09/2022
  • Desktop Crypto Portfolio Tracker: Best 5 for Investing & Active Learning

    04/23/2022
  • Top 5 Best Coins to Mine for Beginners

    10/04/2021
  • Best Forex Robots – Top 10 FX EAs 2022

    10/04/2021

Categories

  • Analysis (17)
    • Fundamental Analysis (9)
    • Technical Analysis (8)
  • Investing 101 (112)
    • Crypto (66)
    • Forex (8)
    • Options (6)
    • Stock Market (32)
  • News (144)
  • Reviews (183)
    • Brokers (7)
    • Crypto Robots (26)
    • Forex Expert Advisors (138)
    • Forex Signals (2)
    • Investing Apps (9)
  • Strategies (90)
    • Arbitrage (12)
    • Day Trading (25)
    • Investing (18)
    • Options (13)
    • Swing Trading (19)
  • Top (7)
  • Uncategorized (5)
  • Home
  • Contacts

@2023 - All Right Reserved. Investgrail.com

InvestGrail
  • Top FX EAs
  • Investing 101
    • Crypto
    • Options
    • Forex
    • Stock Market
  • Strategies
    • Day Trading
    • Swing Trading
    • Arbitrage
    • Investing
    • Options
  • Analysis
    • Technical Analysis
    • Fundamental Analysis
  • Reviews
    • Online Brokers
    • Forex Expert Advisors
    • Crypto Robots
    • Investing Apps
  • Top Articles
    • Best Forex Robots – Top 6 FX EAs 2022
    • Best Desktop Crypto Portfolio Trackers
    • Best 6 Forex Brokers That Accepts Crypto Deposit for Trading
    • The Best Copy Trading Platforms List: Pros, Cons and Comparison
    • Top 5 Best Coins to Mine for Beginners
    • Top 5 Best Gaming Crypto Coins to Participate