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▲ Bitcoin (BTC)
Bitcoin (BTC) has overcome 477 death sentences over the past 15 years. After settling at the $80,000 mark, it now faces the real threats of institutional control and quantum computing.
Crypto-focused YouTube channel Coin Bureau analyzed the reasons for experts' misjudgments in a video uploaded on May 7 (local time). Bitcoin's price, which was $0.07 in 2010, reached $126,000 in 2025. Experts measured its value using traditional financial standards. The arguments of economists like Paul Krugman and investors like Warren Buffett were ultimately wrong. They failed to understand the premium that monetary assets possess.
Bitcoin showed its potential in network durability and adoption speed. JPMorgan Chairman Jamie Dimon criticized it as a fraud. However, the network operated without interruption even during China's mining ban in 2021. The U.S. Indo-Pacific Command began operating Bitcoin nodes in 2026. Bitcoin has established itself as an essential component of mainstream society.
Investors should pay attention to the government's systematic regulatory pressure. South Africa's Treasury's April 2026 regulatory proposal mandates the submission of private keys. Violations will result in imprisonment. Asset control through legal systems is more dangerous than technical hacking. 99 countries have passed the Travel Rule, a virtual asset surveillance system.
Network security budget and the development of quantum computers are also challenges. After halving, mining rewards have decreased to 3.125 BTC. Transaction fee income accounts for less than 1% of miners' total revenue. There is concern about the depletion of the security budget. Google's 2026 research warns of the possibility of breaking Bitcoin's cryptographic system. 25% of the total supply is in addresses vulnerable to quantum attacks.
Bitcoin has refuted all negative predictions with its price. It has been incorporated as part of the global financial system. Market interest has shifted from value debates to legal control and technological evolution. The key question is whether the speed of institutional and governmental legitimization will be faster than regulation. Bitcoin is setting a new standard for financial infrastructure.
*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*
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