- Bug discovered or coding error
- Encryption broken
- Hacking attack on Bitcoin nodes and Wallets
- Internet access cut off for countries - undersea cables and satellite
- Malware / virus deletes blockchain on nodes
- New cryptographic discover renders Bitcoin obsolete
- Not physically backed asset - e.g. Gold (even though energy used)
- No real use case
- Quantum computing breaks encryption
- Regulation by Governments with tax policy
- Regulation by Central banks not allowing Fiat into the Bitcoin ecosystem and out of the Bitcoin ecosystem
- Satoshi Nakamoto identity revealed or sells Bitcoin
- Trust issues - no trust, no confidence, trust broken
Thursday, August 16, 2018
How can Bitcoin fail?
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