Bitcoin’s Future: Expert Warns of Potential Collapse within 10 Years

A crypto investor warns that Bitcoin could collapse within the next decade due to a combination of long-term risks. Bons highlights a potential threat from Bitcoin’s halving schedule, which will reduce block rewards to just 0.39 BTC by 2036, potentially making it unsustainable and vulnerable to attacks. He believes this would lead to insufficient funds for securing the network and increase the risk of 51% attacks that could manipulate transactions and erode trust. Further concerns stem from Bitcoin’s rigid governance model and resistance to changes like larger block sizes or inflation adjustments, which Bons argues could trigger future chain splits or inflationary measures. Blockchain technology is expected to face growing threats from quantum computing as well. While some experts believe the technology will not pose a direct threat until after 2035, others warn of potential vulnerabilities arising within the next five years that could endanger up to 30% of all Bitcoin coins.