Crypto Expert Warns: Bitcoins Security Model May Lead to Collapse in 10 Years

Crypto Expert Warns: "Bitcoin Could Collapse in 10 Years"

A crypto fund manager has raised alarms about a fundamental issue with Bitcoin (BTC), stating that the network's security is not sustainable in the long term and could completely collapse within seven to ten years. The warning comes from Justin Bons, a fund manager at Cyber Capital, who attributes this potential downfall to a downward spiral triggered by the so-called "halvings."

Every four years, a "halving" occurs, which halves the amount of Bitcoin miners receive as a reward. This continuous reduction in income poses a serious problem, according to Bons. Bitcoin mining is crucial for the network's security, as the significant energy consumption by miners acts as a protective barrier. To successfully attack the network, an adversary would need to control more than 50% of the total computational power, which would also require bearing over half of the global energy costs. However, due to the extremely high energy demands, this scenario is economically unfeasible in practice.

$500 FREE BTC Mining

Get $500 free Bitcoin mining for a free testing phase:

Real daily rewards
1 full month of testing
No strings attached

If you choose to buy after testing, you can keep your mining rewards and receive up to 20% bonus on top.

START TESTING NOW!

"The security model of Bitcoin is not sustainable in the long run," warns Bons.

Bons elaborates on the downward spiral, indicating that if miners continue to earn less due to regular halvings, many will be forced to cease operations. As more halvings occur, fewer miners will remain, further diminishing the network's security. At this point, the system becomes vulnerable.

While there are potential solutions, Bons argues that none are truly viable. One option would be for the price of Bitcoin to double every four years to offset declining mining revenues, but he considers this unrealistic in the long term. Another possibility is a significant increase in transaction fees, which would need to rise astronomically to compensate for the losses incurred from halvings. A more controversial suggestion involves altering the code to increase the maximum number of Bitcoins beyond the current limit of 21 million, but Bons believes the resistance within the community against such a change is too strong.

In conclusion, Bons predicts that based on the upcoming halvings, Bitcoin is likely to collapse within the next seven to ten years. His warning is clear and concerning for the future of the cryptocurrency.

Key Takeaways:

Bitcoin's security model is deemed unsustainable by expert Justin Bons.
Regular halvings reduce miner income, threatening network security.
Potential solutions to the issue are considered unrealistic or controversial.

Source: MEXC

Sources:

Krypto-Experte warnt: „Bitcoin könnte in 10 Jahren kollabieren“

Your opinion on this article

Your name

Your email address

Please enter a valid email address.

Your comment

Please enter a comment.

Please inform me by email when it is published or when I receive a reply

Anonymous am 17.01.2026

Wow, this is kinda scary to think about. I mean like if Bitcoin just totally collapses in 10 years, well what will happen to all those people who invested so much money into it? Like imagine losing your life savings, that would be horrible! But also I'm not sure how the halvings make miners earn less and less. I thought it was like a sure way to get rich or something! People say it's great for the environment if they use clean energy for mining, but if they gotta pay more and more for energy maybe it won't be worth it anymore.

And the part about needing over half of the power to attack the network, I don't really get that either. Why would someone even try that if it costs so much? Seems kinda pointless if you ask me. Also the idea of raising transaction fees sounds really bad! Like isn't that what happened in other networks before?? Fees can get outta control and then nobody wants to use it. Plus, what about changing the number of Bitcoins allowed? Isn't that like going against everything Bitcoin stands for?? It’s so confusing.

I think the community won't let that happen anyway, but who knows? It just makes me wonder if we put too much faith into this Bitcoin stuff. ? Let’s see how it goes, but I really hope it won’t explode or something!

Anonymous am 18.01.2026

Okay so I just gotta say, all this talk about Bitcoin crashing in like 10 years is both scary and weird? I mean it feels like just yesterday everyone was saying Bitcoin is the future, and now it’s like “wait, what if it all goes up in flames?” I guess Justin Bons knows his stuff being a crypto fund manager and all, but it’s hard to swallow that the whole idea could just implode like a bad house of cards or something.

And like you mentioned that miners earn less from halvings, but doesn’t it kinda feel like they signed up for this? I mean isn’t that part of the deal? You gotta be in it for the long haul or something, right? But man, I don’t know if I could handle losing my money, especially if I put like all my savings in, like lots of people do. Plus, how come people say it’s good for clean energy if it might get so expensive for miners? That really sounds messed up to me.

Also, the bit about needing over 50% of power to attack bank on Bitcoin sounds kinda wild! I mean, that’s such a huge investment! What kinda person would throw money at that just to cause chaos? Seems like there are easier ways to raise havoc and it’s strange how that works.

About raising transaction fees, yeah I totally agree! Nobody wants to pay more to use stuff, especially after paying so much already. It's like people will just give up and go somewhere else cause honestly who can afford to throw down more cash just to use an online wallet? And changing the amount of Bitcoins allowed? Doesn’t that go against everything Bitcoin was built on though? I thought it was all about being limited and special and now it sounds like they’re just thinking about going all crazy with it.

I just feel like we should be careful and not put all our eggs in one basket, you know? Like what if this all goes wrong and we keep banking on it? I hope there are solutions cause it’ll just be heartbraking for so many folks if it all goes south. Let's hope it won't!

Article Summary

Crypto expert Justin Bons warns that Bitcoin's security model is unsustainable, predicting a potential collapse within seven to ten years due to diminishing miner income from regular halvings. He argues that current solutions are unrealistic or face strong community resistance.