WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 105.

gabmen

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Quote from: Raimonn on March 30, 2016, 03:25:39 PM

In my opinion bitcoin will not be used for everyone, in any year. It could be a good money system accepted on lot of countries, but people doesn't want to have only one option.

well most likely after 6 years, bitcoin will be used by more people all over the world but there are countries where this won't be possible. some third world countries cannot afford to be reliant on digital currencies. even in most 1st world countries, where being online is available anywhere, people still would prefer to have fiat money in their pockets. so it may be used by more people but it would be like an option only for people same as how credit card is being used now

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Certainly no. Some many people in other country have no idea in bitcoin. Besides, the age of bitcoin is not enough to replace our traditional way of paying goods or products.

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Quote from: Pitchblackroom on November 10, 2016, 12:10:39 AM

Look like this is so unlikely because even though Bitcoin has had some growth in the past few years from 2013 to 2016, adoption hasn't been growing at such a crazy rate. Maybe when more places start to accept it and it is easily convertable from FIAT.... don't see that soon

Bitcoin adoption should not be at a crazy rate, because in reality little by little bitcoin began to be used and adopted by some people. So in 2022 I'm sure almost everyone or the majority of people will be using bitcoin, although that's not all. Bitcoin will be an excellent alternative in 2022.

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Look like this is so unlikely because even though Bitcoin has had some growth in the past few years from 2013 to 2016, adoption hasn't been growing at such a crazy rate. Maybe when more places start to accept it and it is easily convertable from FIAT.... don't see that soon

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Quote from: ajun96 on November 09, 2016, 07:36:04 PM

Quote from: arseaboy on November 07, 2016, 11:25:51 PM

Quote from: Fascinat on November 07, 2016, 02:00:05 PM

Quote from: YTBitcoin on November 05, 2016, 12:32:22 PM

Quote from: AtheistAKASaneBrain on November 05, 2016, 12:19:51 PM

2022 Is way too early, let's say about 2030, by then things will have changed a lot. People will be using it everywhere because they are going to be looking for a way to move money outside of the government radar and bitcoin will be the only gateway for freedom.

2022 is the way too early but the speed of bitcoin to success is also very faster and have crossed a longer way in a few years and is going to be a global currency in a shorter time so you will see 2022 that bitcoin will be everywhere and with everyone around you.

I agree with that. The 2022 is just 6 years from now. Not even 5% of the world population will use bitcoin then.

Consider some areas in the countries that doesn't have the same technology that we have.. remote areas which inaccessible in terms of internet. 2022 is really short but in the long years well definitely it's possible.

yeah I agree with you later think the year 2022 will not be too advanced technology in rural areas or some poor countries so it is very likely that in 2022 later, they have not been able to use the internet. how they access bitcoin right ? so I think, too early for 2022 to all human use bitcoin

To think that everyone will be using bitcoin in the year 2022 is way tough for an anticipation. However, maybe if we assume in an increase of bitcoin users by that year is rather more likely to happen . You're so true that not all areas are already using internet. There are places that are not yet reached by the current technology and many people are not yet particular with the innovations happening in the technological world. So we cannot expect to have everyone using bitcoins in just short years. But in the future, perhaps, we could expect this to happen if we continue promoting bitcoins together with advanced technology to many people.

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Quote from: serjent05 on November 09, 2016, 09:11:59 PM

Quote from: ajun96 on November 09, 2016, 07:36:04 PM

Quote from: arseaboy on November 07, 2016, 11:25:51 PM

Quote from: Fascinat on November 07, 2016, 02:00:05 PM

Quote from: YTBitcoin on November 05, 2016, 12:32:22 PM

Quote from: AtheistAKASaneBrain on November 05, 2016, 12:19:51 PM

2022 Is way too early, let's say about 2030, by then things will have changed a lot. People will be using it everywhere because they are going to be looking for a way to move money outside of the government radar and bitcoin will be the only gateway for freedom.

2022 is the way too early but the speed of bitcoin to success is also very faster and have crossed a longer way in a few years and is going to be a global currency in a shorter time so you will see 2022 that bitcoin will be everywhere and with everyone around you.

I agree with that. The 2022 is just 6 years from now. Not even 5% of the world population will use bitcoin then.

Consider some areas in the countries that doesn't have the same technology that we have.. remote areas which inaccessible in terms of internet. 2022 is really short but in the long years well definitely it's possible.

yeah I agree with you later think the year 2022 will not be too advanced technology in rural areas or some poor countries so it is very likely that in 2022 later, they have not been able to use the internet. how they access bitcoin right ? so I think, too early for 2022 to all human use bitcoin

Rather than targeting the whole population, we can narrow down to those who use the internet. It is very possible that by the year 2022 if we are to consider those people who have access in the internet only that at least 80% will be using bitcoin as form of currency. 6 years is a long year for bitcoin and the adoption of bitcoin will be exponential once it resolves the problem with the confirmation time.

80% is too unrealistic, I would not think it will be that many for the adopters of bitcoin for the year 2022. I like your idea because you are to convince that bitcoin will be big in the near future but if you are dealing with some investment for the long term it's good to be realistic.

Not all people who uses internet are into online transactions as kids can also use internet to play games and even matured people who are focus in social media.

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Quote from: ajun96 on November 09, 2016, 07:36:04 PM

Quote from: arseaboy on November 07, 2016, 11:25:51 PM

Quote from: Fascinat on November 07, 2016, 02:00:05 PM

Quote from: YTBitcoin on November 05, 2016, 12:32:22 PM

Quote from: AtheistAKASaneBrain on November 05, 2016, 12:19:51 PM

2022 Is way too early, let's say about 2030, by then things will have changed a lot. People will be using it everywhere because they are going to be looking for a way to move money outside of the government radar and bitcoin will be the only gateway for freedom.

2022 is the way too early but the speed of bitcoin to success is also very faster and have crossed a longer way in a few years and is going to be a global currency in a shorter time so you will see 2022 that bitcoin will be everywhere and with everyone around you.

I agree with that. The 2022 is just 6 years from now. Not even 5% of the world population will use bitcoin then.

Consider some areas in the countries that doesn't have the same technology that we have.. remote areas which inaccessible in terms of internet. 2022 is really short but in the long years well definitely it's possible.

yeah I agree with you later think the year 2022 will not be too advanced technology in rural areas or some poor countries so it is very likely that in 2022 later, they have not been able to use the internet. how they access bitcoin right ? so I think, too early for 2022 to all human use bitcoin

Rather than targeting the whole population, we can narrow down to those who use the internet. It is very possible that by the year 2022 if we are to consider those people who have access in the internet only that at least 80% will be using bitcoin as form of currency. 6 years is a long year for bitcoin and the adoption of bitcoin will be exponential once it resolves the problem with the confirmation time.

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Quote from: arseaboy on November 07, 2016, 11:25:51 PM

Quote from: Fascinat on November 07, 2016, 02:00:05 PM

Quote from: YTBitcoin on November 05, 2016, 12:32:22 PM

Quote from: AtheistAKASaneBrain on November 05, 2016, 12:19:51 PM

2022 Is way too early, let's say about 2030, by then things will have changed a lot. People will be using it everywhere because they are going to be looking for a way to move money outside of the government radar and bitcoin will be the only gateway for freedom.

2022 is the way too early but the speed of bitcoin to success is also very faster and have crossed a longer way in a few years and is going to be a global currency in a shorter time so you will see 2022 that bitcoin will be everywhere and with everyone around you.

I agree with that. The 2022 is just 6 years from now. Not even 5% of the world population will use bitcoin then.

Consider some areas in the countries that doesn't have the same technology that we have.. remote areas which inaccessible in terms of internet. 2022 is really short but in the long years well definitely it's possible.

yeah I agree with you later think the year 2022 will not be too advanced technology in rural areas or some poor countries so it is very likely that in 2022 later, they have not been able to use the internet. how they access bitcoin right ? so I think, too early for 2022 to all human use bitcoin

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Quote from: Dux2K on November 09, 2016, 12:56:34 PM

Quote from: clickerz on November 09, 2016, 07:50:20 AM

Quote from: Sanekavg13 on November 09, 2016, 06:42:07 AM

Quote from: Red Fish on November 09, 2016, 05:30:53 AM

Not of course, bitcoin users are small group, if compared to all people over the world, plus transaction times are not instant. Blockchain have only 8 millions wallets, but total people are 7.5 billions in the world. Many people also like to use paper cash, so they will not use any digital currency.

Absolutely agree. Bitcoin used in a relatively small group. Therefore, no one disputes that in 2022 he will be to know more people. But it will be used - is unknown. He will always be an alternative currency

Bitcoin adaptation is slow in my opinion. It is only popular in big oe mega cities and advanced countries. TGhose who are living in far flung areas,no access to internet and electricity have no idea maybe.Since there is no goverment support or not pushing it thats why it is quite slow.

it is slow yea but if next year will be like some predicted here with price over 1000 then I think we can expect to see more people involved in this but still think they don't want to enter and if they do they will consider hard do to world economy in countries

And if more people would use Bitcoin, respectively, and the price for it will grow even more. Demand provoke it. But all these processes are very beneficial for those who have a Bitcoin in purses

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Quote from: clickerz on November 09, 2016, 07:50:20 AM

Quote from: Sanekavg13 on November 09, 2016, 06:42:07 AM

Quote from: Red Fish on November 09, 2016, 05:30:53 AM

Not of course, bitcoin users are small group, if compared to all people over the world, plus transaction times are not instant. Blockchain have only 8 millions wallets, but total people are 7.5 billions in the world. Many people also like to use paper cash, so they will not use any digital currency.

Absolutely agree. Bitcoin used in a relatively small group. Therefore, no one disputes that in 2022 he will be to know more people. But it will be used - is unknown. He will always be an alternative currency

Bitcoin adaptation is slow in my opinion. It is only popular in big oe mega cities and advanced countries. TGhose who are living in far flung areas,no access to internet and electricity have no idea maybe.Since there is no goverment support or not pushing it thats why it is quite slow.

it is slow yea but if next year will be like some predicted here with price over 1000 then I think we can expect to see more people involved in this but still think they don't want to enter and if they do they will consider hard do to world economy in countries

mastica

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Taking into consideration that at 2020 the halving should put bitcoin once again at 1000 dollars, i do believe this will bring a huge mass of investment into bitcoin as well several new bitcoiners.

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Quote from: Sanekavg13 on November 09, 2016, 06:42:07 AM

Quote from: Red Fish on November 09, 2016, 05:30:53 AM

Not of course, bitcoin users are small group, if compared to all people over the world, plus transaction times are not instant. Blockchain have only 8 millions wallets, but total people are 7.5 billions in the world. Many people also like to use paper cash, so they will not use any digital currency.

Absolutely agree. Bitcoin used in a relatively small group. Therefore, no one disputes that in 2022 he will be to know more people. But it will be used - is unknown. He will always be an alternative currency

Bitcoin adaptation is slow in my opinion. It is only popular in big oe mega cities and advanced countries. TGhose who are living in far flung areas,no access to internet and electricity have no idea maybe.Since there is no goverment support or not pushing it thats why it is quite slow.

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Quote from: Red Fish on November 09, 2016, 05:30:53 AM

Not of course, bitcoin users are small group, if compared to all people over the world, plus transaction times are not instant. Blockchain have only 8 millions wallets, but total people are 7.5 billions in the world. Many people also like to use paper cash, so they will not use any digital currency.

Absolutely agree. Bitcoin used in a relatively small group. Therefore, no one disputes that in 2022 he will be to know more people. But it will be used - is unknown. He will always be an alternative currency

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Quote from: Harlot on November 09, 2016, 04:11:41 AM

If you look the maximum amount of Bitcoin that can be mined that is 21,000,000, do you think it is enough to overtake any currency which can be printed many times? Of course not even if the price of Satoshis is way up it is not enough to be distributed to all of us living in the Earth.

No one should see Bitcoin as a replacement of fiat currencies where the entire world population, or a big chunk of it, will jump into Bitcoin and start using it. So in that regard, there is no point into comparing the limited coin cap of Bitcoin with the unlimited fiat supply. Bitcoin is nothing more than an alternative. If we ever get to a point where 1% of the world population is using Bitcoin in one way or another, then it can be seen as a massive milestone.

In combination with a higher going price, although there are no guarantees that the price will really increase much higher than is the case right now, the number of available coins will be sufficient enough to serve all its users. The higher the price will go, the lower the amounts will be that people can afford, and thus, the more coins that can be spread towards a larger user base.

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Not of course, bitcoin users are small group, if compared to all people over the world, plus transaction times are not instant. Blockchain have only 8 millions wallets, but total people are 7.5 billions in the world. Many people also like to use paper cash, so they will not use any digital currency.

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Quote from: Asnatin on November 04, 2016, 04:12:39 AM

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If I must be honest, I do not think that the bitcoin will be used by everyone in 2022, we cannot also not predict this either but its just something that I do not see happening these days.
The bitcoin has a great future a head of course but I do not think that other currency's will me less more used.

I think everyone already knew that it would be difficult for bitcoin users to be able to have everyone in the world, it is very improbable, even fiat takes a long time to be used by everyone, hundreds of years ago

If the bitcoin is used by 10% of the world population, we can regard that as one of the top 5 currency.

You have the point, but I don't think that 10% of the world's population will be able to use bitcoin in 2022. But we can't say what is going to happen exactly, it is still going to depend on how the people will able to see the bitcoins benefits and its price will able to encourage and convince people from using it.

Yes it is, but predicting from the bitcoin user growth and bitcoin potential, i think it is possible to generate 10% of world population to use bitcoin, and it is our duty to keep on introducing bitcoin to new user, just hope people will not use bitcoin for a bad and illegal things

I think no one knows the percentage of the number of users on the upcoming 2022 year. but I think 10% including a very large number compared to the total population of the world? is it possible?

I agree with one of the above post. It will take many years if not decades to reach the 10% user population.

yeah even to reach 10% of users though, it is not easy and needs a lot of time for it to happen? impossible in 2022 will reach as high as it

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Quote from: Asnatin on November 09, 2016, 04:04:12 AM

Quote from: error08 on November 08, 2016, 12:37:38 PM

Quote from: Endikadija on March 30, 2016, 12:48:50 PM

It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

I can't imagine how bitcoin could destroy the fiat system, it can't be forever.
Bitcoin will always go through the way side by side with fiat system due to every country have their own currency as national identity.
Government and banks will adopt blockchain technology to make it happen, let see how it works in the future.

In 2022, six years later is a short period for bitcoin used by almost everyone, just about 15-20% of world population I thought.
Because not everyone trust virtual money that can not be touched and people still love to using fiat money.

That is right. I think it is very possible that the bitcoin will coexist with the bitcoin for the next few decades.

If you look the maximum amount of Bitcoin that can be mined that is 21,000,000, do you think it is enough to overtake any currency which can be printed many times? Of course not even if the price of Satoshis is way up it is not enough to be distributed to all of us living in the Earth. But I agree that Bitcoin can be a kind of online currency in which can be use by the majority of people someday.

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Quote from: error08 on November 08, 2016, 12:37:38 PM

Quote from: Endikadija on March 30, 2016, 12:48:50 PM

It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

I can't imagine how bitcoin could destroy the fiat system, it can't be forever.
Bitcoin will always go through the way side by side with fiat system due to every country have their own currency as national identity.
Government and banks will adopt blockchain technology to make it happen, let see how it works in the future.

In 2022, six years later is a short period for bitcoin used by almost everyone, just about 15-20% of world population I thought.
Because not everyone trust virtual money that can not be touched and people still love to using fiat money.

That is right. I think it is very possible that the bitcoin will coexist with the bitcoin for the next few decades.

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Quote from: Endikadija on March 30, 2016, 12:48:50 PM

It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

I can't imagine how bitcoin could destroy the fiat system, it can't be forever.
Bitcoin will always go through the way side by side with fiat system due to every country have their own currency as national identity.
Government and banks will adopt blockchain technology to make it happen, let see how it works in the future.

In 2022, six years later is a short period for bitcoin used by almost everyone, just about 15-20% of world population I thought.
Because not everyone trust virtual money that can not be touched and people still love to using fiat money.

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Quote from: icecube45 on November 08, 2016, 10:10:16 AM

Quote from: arseaboy on November 07, 2016, 11:25:51 PM

Quote from: Fascinat on November 07, 2016, 02:00:05 PM

Quote from: YTBitcoin on November 05, 2016, 12:32:22 PM

Quote from: AtheistAKASaneBrain on November 05, 2016, 12:19:51 PM

2022 Is way too early, let's say about 2030, by then things will have changed a lot. People will be using it everywhere because they are going to be looking for a way to move money outside of the government radar and bitcoin will be the only gateway for freedom.

2022 is the way too early but the speed of bitcoin to success is also very faster and have crossed a longer way in a few years and is going to be a global currency in a shorter time so you will see 2022 that bitcoin will be everywhere and with everyone around you.

I agree with that. The 2022 is just 6 years from now. Not even 5% of the world population will use bitcoin then.

Consider some areas in the countries that doesn't have the same technology that we have.. remote areas which inaccessible in terms of internet. 2022 is really short but in the long years well definitely it's possible.

Yes indeed in some countries are still lagging behind the technology is making it very difficult bitcoin can enter. But whether in 2022 there are still countries that do not have adequate technology? I do not think, in that I believe all countries have access to the Internet so that the deployment of bitcoin will allow it to be spread widely. But it requires a process and maybe in that not all people are already using bitcoin, there must be some who do not know.

You cant still assure of even though technology would be developed but we cant really defeat the reality of poverty on some countries which they could really not possibly meet bitcoin afterall and some people dont have knowledge on technology aspects which is really a blockage on total adoption of bitcoin.

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