OP, while still basking in the euphoria of what Bitcoin is; don't forget that nothing lasts forever. Just like two decades ago there wasn't anything like Bitcoin, we may have a newer tech that can replace Bitcoin a few decades from now too. Those who started using gold as store of value also thought and believed there wasn't going to be anything that could replace gold. Now we know better. It's the same way I perceive Bitcoin could go. Again, nothing lasts forever.

By the way, I thought 51% of miners could've its way for any change to be made on Bitcoin. With that, it means any change is possible, including the "immortal" nature you talked about.

The lower she goes now, lots more folks will be frustrated. But it's just a buying opportunity for later, right?

I don't know whether Bitcoin is immortal or not.... The first cryptocurrency requires a lot of electricity to function. Currently, planet Earth does not generate enough electricity.

Humanity has not been able to create thermonuclear power plants; this technology has proven to be inaccessible to people.

The main consumer of electricity will be artificial intelligence. At the same time, artificial intelligence is planned to be used as a weapon, so high-ranking military officials will demand that they be provided with electricity for military AI in ever greater volumes. In the context of a general arms race, such demands will be met. At the same time, the first cryptocurrency and artificial intelligence are actually competing with each other for electricity.

What will happen if artificial intelligence wins this competition?

Governments of all countries can put strong pressure on Bitcoin developers and force them to transfer Bitcoin to the PoS consensus algorithm. Such a decision can lead to the death of Bitcoin (as we know it).

True. But what's stopping someone from re-launching it? After all, Bitcoin is open source. As long as there's access to the code, no one will be able to stop it.



Maybe. But what if Bitcoin adopts the new tech to improve itself? The project is open source, so anyone can modify or improve it at will. In this sense, Bitcoin is already immortal.

It wouldn’t do much good for sure, I don’t see how a lot of investors would be okay with something that could go on and off at anytime just to get relaunched again. Yeah, it’s great that it could be that way but, it’s not something investors would like to deal with.
However, this isn’t going to happen, not a chance, it’s decentralized nature is one that stands and they’ve not got anything to track back to. The closest thing to being centralized is the exchanges and that’s the CEX.

The key to success is doing things not a lot of people are not willing to. That is why there is only such a small percentage of successful people. If it were easy, we would have all been rich but the fact that we are not makes those who are rich stand out more. When the price of bitcoin goes down, other people start panicking and start selling way lower than the price they bought for.

While they are selling their bitcoins and losing money, we can take this chance and buy some more for a low price and wait until it goes up again. We just have to be patient and profit will come soon.

The decision is back to us again, no one can interfere with what decisions we will take for our lives or investment journeys.. we have different goals here that we must achieve, and also our experiences are very different from others, and we cannot generalize them. With different goals of course we will take a strategy that is suitable and easy to do. Maybe the risk ratio and imbalance will be adjusted to our investment plan and Bitcoin will be eternal for those who always believe.

People are so focused on the decentralization of bitcoin that they become complacent and think that even the government cannot stop it. That may be true but people forget that the government doesn't need to find a way to shut it down. They just need to ban it and declare bitcoin illegal, bitcoin will gradually become worthless and bitcoin's immortality will no longer have any meaning.

When bitcoin becomes worthless, will we still support bitcoin? I don't think anyone is here just to support and maintain the existence of bitcoin without caring about their own interests. Bitcoin's existence is not determined by its decentralization but by human need, if we no longer need it and do not want it anymore, it will die.

Anything can happen to bitcoin as we are seeing many government officials have their assets stored in bitcoins buy may be in future countries start launching their own digital currencies as few countries does so then they are holding assets in their own currency which will make difference. But to some extent i agreed to your opinion bitcoin will rule digital for next many years!

I don't really understand this.

AI, in the form of a "chat bot", is simply a text generator.

It doesn't have a deep understanding of what's going on. It can generate text, or images, etc, but it doesn't grasp the meaning of the words, it's all based on statistical analysis.

It's a great achievement, of course, and very useful, but it's not really a sentient organism.

One key aspect is that it is always waiting for you to ask something. It doesn't have the initiative to send you a text out of the blue. There's no "life" in it.