1. Government outlawing - China did
2. Attack on Bitcoin Mining facilities
3. Attack on Bitcoin Mining power lines
4. Quantum Computing 51% attack
5. Artificial Intelligence Phishing
Bitcoin uses more and more electricity, by fewer and fewer
mining facilities. BTC takes 10 minutes for transactions to be final. It is an
unsustainable Ponzi. 1000's of other digital coins use 1/millionth of the
electricity with the same benefits as Bitcoin. AI and Quantum Computing may
crack it. Bitcoin discloses your transaction history while Gold, Monero, and
other secure coins keep privacy. Environmentalists or foreign saboteurs might
bomb the vulnerable facilities or cut unguarded power lines and shut BTC down to
near zero.
China wants the USA to become dependent upon mining farm centralized Bitcoin,
and iles of unguardable power lines, not any of the 1000's of faster coins that
are electricity-efficient and decentralized.
https://www.pbs.org/newshour/science/bitcoin-requires-an-immense-amount-of-energy-heres-why-thats-sparking-a-cypto-backlash
Divisible
Durable
Recognizable
Portable
Scarce
USA uses more and more electricity for Bitcoin mining farms.
Bitcoin profiteers urge USA Government to invest in Bitcoin.
China bans Bitcoin mining, saves electricity, invests in Gold.
Biden lets Chinese saboteurs into the USA who cut power lines.
Bitcoin shuts down, price loses 90%, crashing US Government.
Michael Saylor is pumping it up for his big dump of useless, slow (10 minute),
unprogrammable, transparent transaction, mining monopolized, vulnerable to
cutting power lines Bitcoin. 1000's of other coins are faster and more secure.