According to a study conducted by researchers at Imperial College London, cryptocurrency has the potential to become a form of payment that is widely used for decades to come. In their research report entitled "Cryptocurrency: Overcoming Barriers to Trust and Adoption" Professor Imperial College London, William Knottenbelt, and Imperial College Business School Dr. Zeynup Gurguc, argue that cryptocurrency has so far acted as a store of value like a fiat currency.
I think that everything goes to the fact that the whole world will start using the crypto currency as payment. It takes time, but I think. that this will happen 
Topic: Can Bitcoin Become Mainstream In The Next 10 Years? - page 5. (Read 2486 times)
I'm confident it would be happen soon but can't predict certain timeframe either above or below 10 yrs from now. Imagine the technology is ever changing, all things natural and man-made has changed, therefore, get ready for the revolution of currency where paper money one day become a myth.
At the present time, we can see that, in countries with strong economic growth, such as the United States and Japan, they have put Bitcoin into the payment service area of their country. This has made the economies of developed countries grow stronger. If Bitcoin can become a global coin, then maybe the world economy will grow better.
According to a study conducted by researchers at Imperial College London, cryptocurrency has the potential to become a form of payment that is widely used for decades to come. In their research report entitled "Cryptocurrency: Overcoming Barriers to Trust and Adoption" Professor Imperial College London, William Knottenbelt, and Imperial College Business School Dr. Zeynup Gurguc, argue that cryptocurrency has so far acted as a store of value like a fiat currency.
Yes it will become the mainstream someday, I fully believe in that. As you can see and analyzed, the volume of bitcoin and other altcoins are increasing very high as the time passes. So we can conclude that as long as the time passes and the news of bitcoin keep spreading, the more people and investors used this as a mode of payment. We can see that on other companies now accepting bitcoins and other altcoins. So it is just have a matter of time to become a mainstream. Speculation aside, anyone else here using BTC as long term savings/store of value?
Yes not all of us here are degenerate shorters 😛
It seems to me that bitcoin has long ceased to be just a repository for fiat. In Japan, 90% of stores accept bitcoin for payment and this trend is emerging in other countries.
Crypto market show a rise in the whole world and i am sure that this will be the mainstream in the coming years while many companies will attach to blockchain then their contracts payments and other salaries also be done through this technology so i think that the world is more advance than ever seen.
If pure development attracts businesses and government to use the system, and yes after several years bitcoin together with well known alts which caters some good venues of services will be in a mainstream there's no doubt that the development and the popularity of such investment currency are really attracting more and more people's interest, even those who didn't believe before are now looking for its potentials and start buying and holding coins.
Speculation aside, anyone else here using BTC as long term savings/store of value?
The time is so far away that we can't control it. Make predictions until early 2019 when the crypto market is restored and Bitcoin regains its place. That may be the objective assessment of the financiers.
Crypto market show a rise in the whole world and i am sure that this will be the mainstream in the coming years while many companies will attach to blockchain then their contracts payments and other salaries also be done through this technology so i think that the world is more advance than ever seen.
In my country (East-Europe) i can pay all my bills using Bitcoin, i can pay my fly ticket using bitcoin, i already pay my webhost + domain using bitcoin, i can withdraw my bitcoin using ATMS (5-7% Fees) but i can do that.
In United Kingdom is the same you can do everything with bitcoin everyone accept bitcoin as a payment method and i see some merchants from Alibaba accept bitcoin (I dont try, too risky)
P.S in United Kingdom Escorts and some Erotic Massage accept bitcoin (i dont try it but i will do for sure )
In United Kingdom is the same you can do everything with bitcoin everyone accept bitcoin as a payment method and i see some merchants from Alibaba accept bitcoin (I dont try, too risky)
P.S in United Kingdom Escorts and some Erotic Massage accept bitcoin (i dont try it but i will do for sure )
how it will become? it is already the mainstream now, more and more experts are starting to study all about crypto currency, and i think after a decade from now, bitcoin will become more popular, and had a massive adoption on that time. i cant wait to see how more successful this bitcoin is.
Bitcoin is already mainstream. Mass adoption would make more sense in your article. The only reason bitcoin is not on the mass adoption train is becuase of FUD news scaring people in the belief that bitcoin is used for crooks. Just bullcrap... Also the government is involved and they are trying to control it. Eventually mass adoption will happen sooner than later.
I think ti can, as more and more economies come under pressure, many are turning to Bitcoin, like Gold, as a safe haven. As also more and more of the unbanked populations with a cell phone start getting into Bitcoin and Cryptos, you will see us going from 1% of the population holding or using crypto and Bitcoin to at least 20/25%. I easily see this happening over the next ten years. As more institutions and regulations come into place, you will see many people having pension funds with Bitcoin in them and people getting their wages in Bitcoin too. I think everyone should try to aspire to save up and own at least one Bitcoin over the next two years.
It's really hard to predict where the 10-year bitcoin will come from. But my guess is that we will not be able to believe in a few years. But I think it will lose its effect over time.
I think it can't be in 10 years that bitcoin is the main currency, because it is impossible to replace fiat money. For large-scale trading using bitcoin is more profitable, but for small trades, paper money is easier and simpler. If as a companion for fiat money, I'm sure of that. Bitcoin can be global money, because no country claims it.
If you look at the development of technology that is now increasingly sophisticated, everything will happen, because the interest of bitcoin is increasing,because cryptocurrency has the potential to become a widely used form of payment over the next few decades,some countries have accepted it as a legal place and are used as their payment instrument and some countries are still in process.
According to a study conducted by researchers at Imperial College London, cryptocurrency has the potential to become a form of payment that is widely used for decades to come. In their research report entitled "Cryptocurrency: Overcoming Barriers to Trust and Adoption" Professor Imperial College London, William Knottenbelt, and Imperial College Business School Dr. Zeynup Gurguc, argue that cryptocurrency has so far acted as a store of value like a fiat currency.
Crypto currency can be widely used all over the world as a way of paying for goods and services. This is unquestionable. Of course, this requires a very extensive infrastructure, which will ensure the technical side of such a process. However, decentralized crypto currency has no chance at all to become the main form of payment in any state. Crypto currency can only go in parallel with the national money of this state. 
yes of course that could happen because this bitcoin has a very limited total supply and the demand is so high that it will make the price of bitcoin in the future will become a coin that has a very expensive price because the available supply has run out and it is very difficult to get bitcoin.
i think yes because bitcoin is general.
According to a study conducted by researchers at Imperial College London, cryptocurrency has the potential to become a form of payment that is widely used for decades to come. In their research report entitled "Cryptocurrency: Overcoming Barriers to Trust and Adoption" Professor Imperial College London, William Knottenbelt, and Imperial College Business School Dr. Zeynup Gurguc, argue that cryptocurrency has so far acted as a store of value like a fiat currency.
10 years is a long time, it will be enough to make bitcoin as a mainstream currency in the future if bitcoin usage keep increasing from now.
Few years ago when bitcoin were created, there are only few peoples know about bitcoin and many didn't believe bitcoin value. But now, bitcoin value is very high and became a popular currency.
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