Let’s say 50 years from now, a new payment network comes out.

It is not a speculative token. It is a neutral, open settlement network backed by a consortium of major banks, payment processors, and a few large tech companies.

It settles retail and institutional payments in seconds, 24/7, with near-zero fees for end users.

Compliance is built in. Every endpoint (banks, fintech apps, wallets) is KYC’d, and regulators have strong oversight over intermediaries.

FX, remittances, and cross-border B2B payments all route through it. SWIFT is still around but mostly for legacy flows.

What then for Bitcoin? Does it just slowly draw down to zero?

I can’t imagine Bitcoin will be anything but extremely antiquated in 50 years. Gold or other commodities that store value for their physical attributes do not become antiquated over time, but all technology eventually becomes replaced.

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