That's a very odd question because it's impossible to predict whether bitcoin remains dominant cryptocurrency, steps down or goes totally extinct. I would say that that's entirely possible one day, things come and go, things also improve. Since Bitcoin is agile, i.e. we can change the code, it gives us the flexibility to adapt new trends and meet new demands. If we remain progressive instead of being conservative, I think we will keep Bitcoin as a dominant currency but it's still not easy to predict the future of this currency because of the so ever-changing world. At the moment, it stays strong.

Even while new technologies are developed periodically, it seems highly improbable that bitcoin would go extinct, especially given how quickly its adoption rate is increasing.

Is it possible for a new technology to be created in order to enhance bitcoin technology? Though I believe that since we live in a more evolved age and new innovations are made more frequently, there may be in the future, but bitcoin will not become extinct. When something loses value and is viewed as worthless by people, it becomes extinct, this will not happen to bitcoin. Instead, it will continue to grow in value and be beneficial to individuals. It has survived a lot of criticism and competition from the government and other new cryptocurrencies but i believe in bitcoin and i know it will stay relevant for a very long time.

It will be difficult for any new technology to entirely replace bitcoin and drive it extinct instead, they will coexist and complement one another.

The reason is simple and makes sense

If no generation continues this technological sophistication, it is very likely that Bitcoin will become extinct and cannot be used by everyone. Apart from that, if someone says that Bitcoin will become extinct, of course when the person holding Bitcoin itself has ended his life, in other words he  had died and did not pass it on to anyone he trusted

You should already know that the future is hard to predict, and while there is a chance that Bitcoin will become established accepted and adopted there's also the chance that it becomes replaced by another technology that we are yet to know or just become extinct, anything can happen. But you probably should not be worried about this because you may not be alive to witness the extinction of Bitcoin even if it happens because it will not happen in the next 10 years unless the government finds a way to actually shut it down.

Bitcoin going extinct would mean that people stop valuing useful and scarce things. Doesn't seem very likely.


Otherwise it would mean that something so much better than Bitcoin gets invented that it completely outcompetes Bitcoin despite Bitcoin having a HUGE advantage from coming first and having a global scale network effect already. This is of course more likely, but still very very low chance.



Since Bitcoin is valued (among other things) for its hard money properties, which leads to it increasing in value over time, the most viable way something like this could happen is if it became really hard to acquire bitcoin, and therefore it stopped being such a great place to save money with, and therefore fewer and fewer new people got into bitcoin, all these things making the price stop going up for the most part. But, I think we can say with quite strong certainty that Bitcoin is not going to start getting harder to own but rather will continue to get easier to own and use. Case in point, now the USA has Bitcoin ETFs so the largest economy in the world is no longer limited to getting access (at least as an investment) to Bitcoin through crypto exchanges. The ways to own or get access to Bitcoin, and the ways to use it, will continue to increase as Bitcoin continues to grow into a major monetary asset. And so new people will continue to flock to it, and it's price will continue going up, and so growth will continue, and thus, it won't go extinct.

The only way it would happen is if use drops off to a point where it no longer makes sense to continue running the network. It has happened to countless shitcoin blockchains in the past. But when it comes to BTC, I can only see it happening under a few different circumstances (short of WW3 destroying all communications & knocking out power grids on a global scale):

- an exploit of elliptic curve cryptography renders anybody's coins steal-able
- a backdoor in SHA-256 allows the NSA to basically rug the entire network
- quantum computers are used to brute force private keys

Any of these things can be fixed in future versions of Bitcoin. That is what's great about it: it can continue evolving and is not necessarily fixed in one particular form.

The OP should talk about the causes and consequences of why Bitcoin could become extinct, not ask about possibilities that are difficult for us to determine. Technology will continue to be replaced as time goes by and so will the bitcoin journey process. But if you look at the aspects that make Bitcoin extinct, it is very unlikely, apart from this asset having a limited supply and Bitcoin cannot be in control by anyone. The value of Bitcoin's resilience in defending itself in the market has also been proven enough, where when Covid occurred we saw that Bitcoin was still quite strong.

For me never thought that bitcoin would become extinct because it is not a burden when we have made a profit, but rather how we need to think about collecting bitcoin now so that we can make a profit. The process of going extinct or not is not a big consideration because assets with high value, limited supply and which cannot be controlled by anyone can last much longer.

One may not think about extinction until all his coins have been mined. And that's not going to happen anytime soon. There will be something new and unique.

Why? It may happen that for some reason all the coins will be banally lost. Is it impossible to consider such a potential scenario? Yes. Plus, technology is advancing so quickly that I wouldn't be surprised by the time crypto becomes an unnecessary tool in everyday life as well.

This is not a topic I'll love discussing, we're all here for the advancement of the bitcoin crypto currency and the more its adoption is increasing, the less chance it loses prominence, not to talk about going extinct.

Let's promote it and worry less of the possibilities of going extinct. Bitcoin had existed for some time now, and its value keeps increasing over time. Doesn't that send some good feelings to your mind. Bitcoin has a very strong foundation of both being a valuable asset and a means of transaction. So I strongly believe that it will outlive all of us.

In my opinion, it could become extinct if there are no transactions for Bitcoin itself, but for now we still don't know when it will become zero, but in the near future I don't think it will happen.