Many industry experts ask themselves such a question. It’s useless to make any assumptions about the future of this currency, but it’s necessary to examine its development trends.
1. How will bitcoin be scaled?
Volumes of bitcoin transactions are constantly growing, and so the question of increasing block size is very up-to-date. What is important now – how it will be realized, if at all. In fact such reorganizations imply their own negative aspects.
2. Will reduction of reward influence the assessed value of bitcoin?
Let’s imagine that the issue with block size is solved and the whole system won’t collapse like a house of cards. It becomes interesting what will happen with bitcoin prize and stimulations of mining in the nearest time.
3. Will bitcoin platforms attract developers?
Any tech company has to develop its own “platform” for communication with investors. In bitcoin universe only Coinbase and 21 Inc have it. Will other companies follow such a difficult way?
4. Shall we see KILLER APP?
It’s not a secret, that bitcoin is not the best option for people interested in traditional finance services. A credit card has a host of advantages almost in all senses, excluding illegal or shady transactions.
5. Will bitcoin be as successful as bank blockchains?
Here we can observe a strong confrontation of approaches. In the first instance blockchain technology is applied as is, meaning to say for needs of specific banks or financial organizations. And in the second, bitcoin blockchain will be a basis for other add-ons and will totally scale the ecosystem through sidechains.
