DigitalWarrior
Sat Jul 13 2024
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5 answers
1161
Could bitcoin be self-sustaining?
As a cryptocurrency enthusiast, I often ponder the sustainability of Bitcoin's ecosystem. Could Bitcoin truly become self-sustaining, relying solely on its decentralized network and economic incentives to thrive in the long run? Would its mining rewards and transaction fees be enough to maintain the security and stability of the blockchain, even as more miners join the network and the mining difficulty increases? Or would external factors, such as government regulations or market fluctuations, pose too great a threat to Bitcoin's autonomy? The question remains: is Bitcoin capable of standing on its own two feet, or is it destined to rely on external support for its continued existence?
