Bitcoin – the cryptocurrency seen as a symbol of financial freedom – is it really as safe as the community believes? Justin Bons, founder of the cryptocurrency investment fund Cyber Capital, recently made a shocking forecast: Bitcoin could collapse during the period 2031 – 2036.

1. The Economic Puzzle: The 'Security Budget' is Running Out

The core of the issue, according to Bons, lies in the halving mechanism – reducing the block reward every 4 years. By 2036, miners will only receive about 0.39 BTC for each block. At current values, the total annual reward is only around 2.3 billion USD – a figure far too small compared to the market scale that could reach trillions of USD by that time.

This leads to a significant risk: the budget for network security is insufficient to prevent 51% attacks – where a group controls the majority of computational power, thus manipulating transactions and crippling the network.

2. Governance Issues: Conservatism Could Kill Bitcoin

Beyond the economic factor, Bons also criticizes the rigidity of the Bitcoin Core development team. The steadfast maintenance of the 21 million BTC limit and refusal of proposals such as increasing block size or allowing controlled inflation makes the network hard to adapt to the future. The debate that lasted from 2015 to 2017 almost split the community, and the risk of 'civil war' once again always lurks.

3. Risks from Quantum Technology: A Deadly Blow?

Quantum computing technology could become an existential threat. Once powerful enough, they have the capability to break current encryption algorithms, especially old Bitcoin wallets that have not upgraded their security.

  • Craig Gidney (Google) predicts risks could emerge around 2030 – 2035.

  • David Carvalho and Chamath Palihapitiya even warn that it could be just 5 years away.

In the worst-case scenario, 30% of the Bitcoin supply could be compromised – an irreparable shock to market confidence.

4. Could Bitcoin ‘Disappears’?

Although these warnings may not necessarily happen, they provide a rare perspective on Bitcoin's 'Achilles' heel'. If these issues are not resolved, Bons predicts the collapse could come within the next 7 – 11 years – a haunting prospect for those who believe Bitcoin will forever be 'digital gold'.

What do you think? Will Bitcoin adapt and survive, or is this a sign that a new era of cryptocurrency is approaching?