Bitcoin ($BTC), often called digital gold, might not be as secure as many think โ at least according to researcher Justin Bons, founder of Cyber Capital. He believes Bitcoin could face a serious collapse between 2031 and 2036. Hereโs why ๐
โ๏ธ The Block Reward Problem
Every 4 years, Bitcoinโs block reward halves (halving).
By 2036, miners may only earn 0.39 BTC per block.
At todayโs price, thatโs about $2.3B per year to protect a trillion-dollar network.
๐ Bons says this might not be enough to stop hackers from trying a 51% attack (when someone gains control of the network).
โ๏ธ Governance Issues
Bons also criticized Bitcoinโs developers for being too rigid.
Proposals like bigger blocks or controlled inflation (more than 21M BTC) are blocked.
This could split the Bitcoin community again, like in 2015โ2017.
๐ป Quantum Computing Threat
Quantum computers could one day break Bitcoinโs cryptography.
Some experts warn the risk could appear as early as 2030โ2035.
In the worst case, up to 30% of all BTC could be compromised.
๐ฎ The Prediction
Bons warns Bitcoin could collapse within 7โ11 years if these issues arenโt fixed.
While not everyone agrees, his warning gives a different perspective on Bitcoinโs future.
โก Bottom Line:
Bitcoin is still the worldโs top crypto, but risks like miner incentives, governance battles, and quantum threats could test its long-term survival.
