What Would The World Look Like If Bitcoin Was Around For 200 Years?

 What Would The World Look Like If Bitcoin Was Around For 200 Years?

Bitcoin is a digital asset designed by anonymous programmers to allow people to exchange money over the internet without the use of banks or other financial institutions. Bitcoin was invented as an alternative to fiat money like the U.S. dollar, which is controlled by central governments and can be devalued at any time by those in power. Instead, Bitcoin has become a popular means of exchanging money across borders because it is decentralized and secure against interference from a governing body like a bank or government.

The concept of cryptocurrency has grown rapidly in the past few years, with more than 1,500 digital assets currently available for trading — most of which are based on the Bitcoin protocol. While Bitcoin remains the most popular virtual currency, its influence has spread far beyond its original niche market and today’s landscape looks very different if you could travel forward 200 years to see how things would pan out then.

Let’s take a look at what life would be like if we had been around for 200 years instead of just twelve years so that we can start planning accordingly now before it becomes too late!

How to Achieve Bitcoin’s 200-year goals

Bitcoin was designed to achieve the same level of adoption that money has had for the past 200+ years. With the advent of mobile payments, online wallets, and better financial literacy, the total global money supply has increased significantly over the years. From about $4 trillion in 2009 to about $81 trillion as of March 2019. The total money supply today is 11 times the amount of money that existed 200 years ago.

Similarly, Bitcoin’s total money supply has also grown from about $150 billion in 2009 to about $120 billion as of March 2019. By comparison, the total money supply in 18th-century England was estimated to be $500 billion at the time. So, both Bitcoin and money have increased in total value significantly over time. 

However, Bitcoin has grown almost six times faster than money. Bitcoin will likely continue to grow as more people adopt it and use it as their preferred method of payment. It is predicted that Bitcoin will continue to grow at a compound annual growth rate (CAGR) of around 100% over the next few years, which is significantly higher than the growth rate of money.

Bitcoin in the Future – A look at 6 possible scenarios

As the world transitions to a fully digital economy, Bitcoin is expected to play a significant role in this transformation. With the growing popularity of Cryptocurrencies, more and more financial institutions are exploring how to integrate this technology into their operations.

Bitcoin is predicted to grow significantly in value over the next 200 years, but will also transform from a purely digital currency to a blend of online and offline finances. As these coins ‘grow’, trading platforms will continue to grow. Existing ones like BitcoinX will continue to modify or improve their site for enhanced customer experience. 

As more financial institutions begin to integrate cryptocurrency technology, Bitcoin will shift from being a purely digital currency to a blend of online and offline currencies. This would allow people to continue using their bitcoins as a form of payment, but could also allow the use of cash, credit, and debit cards in stores. Over the next 200 years, people would use Bitcoin to buy groceries, pay their mortgage, and send their children to college.

Conclusion

Bitcoin has grown significantly in value over the past 12 years, but its growth is predicted to continue. Over the next 200 years, Bitcoin is predicted to grow to become a blend of online and offline currencies. This would allow people to continue using their bitcoins as a form of payment, but could also allow the use of cash, credit, and debit cards in stores. People who buy Bitcoin today are likely to enjoy great returns as the usage of this technology increases significantly over the next few decades.

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