Bitcoin, the king of cryptocurrencies and a symbol of financial freedom, may not be as invincible as many believe. According to Justin Bons, founder of Cyber Capital, the world's first cryptocurrency could be on its way to its own collapse… and much sooner than expected. ⏳
⚡ The alarming timeline
Bons predicts Bitcoin could face serious problems between 2031 and 2036. That's just a decade away! His reasoning boils down to simple math:
👉 With each halving, block rewards decrease.
👉 By 2036, miners could earn only 0.39 BTC per block.
👉 At the current price, that means only $2.3 billion a year to protect a trillion-dollar network.
What's the risk? Lack of incentives for miners, which opens the door to 51% attacks (where attackers gain majority control to manipulate transactions).
🔥 Governance wars
But the economy is not the only threat. Bons points to Bitcoin's rigid governance:
🚫 No flexibility from Bitcoin Core developers.
🚫 The block size increases when it is locked.
🚫 No possibility of controlled inflation beyond 21 million coins.
This same stubbornness caused the community split in 2015-2017 ⚔️… and could cause another fracture in the future.
🧪 Quantum threats ahead
As if that weren't enough, there is quantum computing 🤯:
Experts warn that it could crack Bitcoin's cryptography.
The oldest wallets would be the ones at greatest risk.
Estimates vary:
⚡ Craig Gidney from Google → risk between 2030 and 2035
⚡ Others → danger in just 5 years
In the worst-case scenario: up to 30% of BTC compromised. 💀
📉 The final warning
If Bitcoin does not adapt, Bons warns of a possible collapse within 7 to 11 years. It's a bleak outlook for those who see BTC as digital gold 🪙✨ and a safe haven forever.
🚨 Will Bitcoin evolve to survive or will it collapse under its own weight?$BTC
