While the concerns about Bitcoin’s vulnerabilities are valid and often debated, there are strong counterarguments highlighting its resilience, structural advantages, and historical track record.
1, On losing value overnight due to tech improv- Bitcoin’s design isn’t static, it’s built to evolve through community-driven upgrades, making sudden obsolescence from tech advancements unlikely.
2, On being replaced by a better coin system - this faces massive barriers due to Bitcoin’s entrenched network effects: its value grows exponentially with adoption, as more users, miners, developers, and institutions join, creating a self-reinforcing cycle.
3, On being banned by governments- Governments have tried banning Bitcoin, but these efforts have largely failed to eradicate it due to its decentralized, borderless nature—no central authority to shut down, and transactions can occur peer-to-peer via tools like satellites or mesh networks, not even China.
4, On being a man-made system and it’s longevity- All monetary systems are man-made—fiat currencies like the USD rely on government backing, which has failed historically yet they’ve lasted centuries through institutional support…….
