With this global crisis, I am wondering if bitcoin will resist any further action against it. Below are my thoughts on this matter: 

- Market crash. We already see the stock market going down fast and all financial markets being affected by coronavirus actions, but bitcoin seems to be a bit better than other money markets. 

- Very high taxes. Governments can impose high taxes, as it is now in Romania where we must pay 10% for any bitcoin profit made in a transaction. But this percentage seems to be OK, as people haven't stopped using BTC. What taxes on bitcoin are you paying in your country? 

- 51% attack by governments of China or the USA. Still is too expensive to use this tehnic and redirect the network or so. I don't think they will ever be able to do it. What do you think? 

- Giants creating new coin. Facebook, Amazon, Google are able to create new powerful coins, but will they be able to beat bitcoin? I don't think so! People like decentralization, but all those new coins created by giants will be centralized. 

- New monetary order. The global recession determined by this FUD action will bring changes into the financial world. They might want to force us using national digital money, but I think we are a step ahead, as we already use digital currency like bitcoin. 

- High cost of mining. Already mentioned in a different context, but this issue might be solved by Lightning Network. 

In my opinion, bitcoin will RESIST and continue to EXIST! 

What do you think about bitcoin's future? 

Thanks for sharing your thoughts in the comment section. 

References: 
Image by Mohamed Hassan from Pixabay. Free for commercial use, no attribution required.