What is the future of Bitcoin?
We know where it was in 2009, where it is now (2024), but where is it going?
Will it make everyone free? Will it be regulated and become government controlled?
So many questions you have there, but let me try to answer all of them as summarily as possible. Fine, Bitcoin has made tremendous success between 2009 and 2024 as it moved from almost nothing to the ATH of about $73,850 this year. It is still promising on the bullish path but any right-thinking person should know that it can't be business as usual for the coin. The way Bitcoin was moving in huge multiples those years cannot happen again because the price is now heavy, otherwise, it will become inflationary and become a joke rather than what people wanted it to be. But still, it will continue to climb higher, only that the pace will be so reduced, unlike the huge targets that the unfounded people are calling for it. Also, in this current bull run, if the coin can hit the $100,000 psychological level, it will be a very good achievement even as it will face a whole lot of hurdles before such would happen.
As for Bitcoin helping everyone to gain financial freedom, I tell you emphatically that it will not happen. That time has passed and even if someone strikes Bitcoin at $70,000, who knows how many years it will take before the coin will reach twice the price at $140,000? That can't ascertain financial freedom anymore or hedge inflation.
But for the regulation, well, Bitcoin can't be regulated directly because it is out of the control of the government since it is a decentralised blockchain. But indirectly, we should expect more regulation, and whether we like it or not, Bitcoin can still be indirectly regulated and this will happen in the strictest form over time.