WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 122.

blackmachinegun

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Quote from: tygeade on September 06, 2016, 04:09:07 AM

Quote from: dothebeats on September 06, 2016, 04:06:23 AM

Not nearly everyone but I think that a significant amount of the global population would soon recognize its usefulness and use it instead of cash in their daily financial transactions. Also, I think we would see a boom in the merchant side of bitcoin: businesses offering discounts, promos and of course, items in exchange for bitcoin. It would be great for bitcoin overall since it would greatly stimulate the economy and circulate bitcoins instead of people hoarding it.

Bitcoin will gain more popularity by then and it will be used and accepted at majority of place but I don't think that it will be used by everyone, I think it will take almost a decade for that to happen.

I think in each year bitcoin will always grow in popularity, yeah it proved today many of my friends started to know and adopt bitcoin bitcoin? but I think for a period of 6 years up to 2022, I do not think that users will encompass all mankind? perhaps just a few percent

lister storm

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Quote from: dothebeats on September 06, 2016, 04:06:23 AM

Not nearly everyone but I think that a significant amount of the global population would soon recognize its usefulness and use it instead of cash in their daily financial transactions. Also, I think we would see a boom in the merchant side of bitcoin: businesses offering discounts, promos and of course, items in exchange for bitcoin. It would be great for bitcoin overall since it would greatly stimulate the economy and circulate bitcoins instead of people hoarding it.

yeah, a lot of people will not be using their bitcoins then i think but either way there will be way more people into bitcoin i think

ajun96

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Quote from: tygeade on September 06, 2016, 04:09:07 AM

Quote from: dothebeats on September 06, 2016, 04:06:23 AM

Not nearly everyone but I think that a significant amount of the global population would soon recognize its usefulness and use it instead of cash in their daily financial transactions. Also, I think we would see a boom in the merchant side of bitcoin: businesses offering discounts, promos and of course, items in exchange for bitcoin. It would be great for bitcoin overall since it would greatly stimulate the economy and circulate bitcoins instead of people hoarding it.

Bitcoin will gain more popularity by then and it will be used and accepted at majority of place but I don't think that it will be used by everyone, I think it will take almost a decade for that to happen.

yeah of course in the future will become increasingly popular bitcoin you can see today that they continue to grow and adoption period continues to run I'm sure every year bitcoin will have more users. agree I also do not think that bitcoin will have users up to the whole person

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Quote from: warwar on September 06, 2016, 04:45:34 AM

Quote from: tygeade on September 06, 2016, 04:09:07 AM

Quote from: dothebeats on September 06, 2016, 04:06:23 AM

Not nearly everyone but I think that a significant amount of the global population would soon recognize its usefulness and use it instead of cash in their daily financial transactions. Also, I think we would see a boom in the merchant side of bitcoin: businesses offering discounts, promos and of course, items in exchange for bitcoin. It would be great for bitcoin overall since it would greatly stimulate the economy and circulate bitcoins instead of people hoarding it.

Bitcoin will gain more popularity by then and it will be used and accepted at majority of place but I don't think that it will be used by everyone, I think it will take almost a decade for that to happen.

I agree it will be not used by everyone in 2022 but i will just say that it is possible that almost of the 1/4 or 1/8 of the population will be using bitcoin on that year but not really all. Because the community of bitcoin is getting popular every year so lets hope it will happen Cheesy

Yeah bitcoin is gaining popularity day by day and we are also seeing increase in the users of bitcoin, so we can expect higher user base in next 6 years which will also help in taking price higher.

warwar

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Quote from: tygeade on September 06, 2016, 04:09:07 AM

Quote from: dothebeats on September 06, 2016, 04:06:23 AM

Not nearly everyone but I think that a significant amount of the global population would soon recognize its usefulness and use it instead of cash in their daily financial transactions. Also, I think we would see a boom in the merchant side of bitcoin: businesses offering discounts, promos and of course, items in exchange for bitcoin. It would be great for bitcoin overall since it would greatly stimulate the economy and circulate bitcoins instead of people hoarding it.

Bitcoin will gain more popularity by then and it will be used and accepted at majority of place but I don't think that it will be used by everyone, I think it will take almost a decade for that to happen.

I agree it will be not used by everyone in 2022 but i will just say that it is possible that almost of the 1/4 or 1/8 of the population will be using bitcoin on that year but not really all. Because the community of bitcoin is getting popular every year so lets hope it will happen Cheesy

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There is no way to tell what's going to happen but I'm pretty sure bitcoin isn't going to completely destroy fiat.
There's too many powerful people in the world for this to even happen. Bitcoin will gain alot of users though and it might see a big push but it sadly won't be number 1 atleast that's my guess. Would be great if it did happen though!

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Quote from: dothebeats on September 06, 2016, 04:06:23 AM

Not nearly everyone but I think that a significant amount of the global population would soon recognize its usefulness and use it instead of cash in their daily financial transactions. Also, I think we would see a boom in the merchant side of bitcoin: businesses offering discounts, promos and of course, items in exchange for bitcoin. It would be great for bitcoin overall since it would greatly stimulate the economy and circulate bitcoins instead of people hoarding it.

Just the idea of a higher adoption rate will make people hoard Bitcoin like there is no tomorrow. People are still in the state of Bitcoin is an investment, instead of a currency tool. There are several threads in this forum where people say "I use Bitcoin as currency for this and that" but how many of them are making it up just to increase their post count? I think a lot. Especially the lower ranked members. Their main priority is to collect as many coins as possible and to convert them to their local fiat currency.

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Quote from: dothebeats on September 06, 2016, 04:06:23 AM

Not nearly everyone but I think that a significant amount of the global population would soon recognize its usefulness and use it instead of cash in their daily financial transactions. Also, I think we would see a boom in the merchant side of bitcoin: businesses offering discounts, promos and of course, items in exchange for bitcoin. It would be great for bitcoin overall since it would greatly stimulate the economy and circulate bitcoins instead of people hoarding it.

Bitcoin will gain more popularity by then and it will be used and accepted at majority of place but I don't think that it will be used by everyone, I think it will take almost a decade for that to happen.

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Not nearly everyone but I think that a significant amount of the global population would soon recognize its usefulness and use it instead of cash in their daily financial transactions. Also, I think we would see a boom in the merchant side of bitcoin: businesses offering discounts, promos and of course, items in exchange for bitcoin. It would be great for bitcoin overall since it would greatly stimulate the economy and circulate bitcoins instead of people hoarding it.

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Quote from: phreaky on September 05, 2016, 10:40:47 AM

I do not think that everyone is going to make use of Bitcoin because that is just somewhat impossible to do.
Maybe later on in the future it can happen but even then it seems unlikely.

You mean it could be possible but not so soon, maybe after a 100 years or so right? The same thing I have in mind that it will not be likely that almost everyone will use it. It is only 6 years from now and yet many people are still not into technology. Some part of the world still do not have electricity and maybe have not use computers or any device. It would be hard to assume that in just 6 years everyone will be familiar with bitcoins. It could be like a 50 years or more.

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Quote from: Betwrong on September 06, 2016, 02:40:23 AM

Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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 don't think that Bitcoin will destroy the fiat system. Same thing was said about movies, that they will destroy books, but this hasn't happened. I think Bitcoin and fiat may coexist, but Bitcoin will be used more in the future and fiat will be used less. I think most people in 2022 will be using Bitcoin in one way or another.

It will never be possible that bitcoin will destroy the fiat system, bitcoin cannot succeed without fiat as bitcoin is solely dependent on fiat. There is no governing law that controls bitcoin so it will never replace fiat on that fact, everyone might use it but just a means to transact online and they will still cash our their bitcoin into fiat.

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Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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 don't think that Bitcoin will destroy the fiat system. Same thing was said about movies, that they will destroy books, but this hasn't happened. I think Bitcoin and fiat may coexist, but Bitcoin will be used more in the future and fiat will be used less. I think most people in 2022 will be using Bitcoin in one way or another.

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Quote from: outatime1 on September 05, 2016, 01:37:13 PM

I think it will still be a very minute percentage of the world that uses bitcoin by 2022. Most people probably don't even know what bitcoin is. Also, anyone without a computer or smartphone would not be able to use bitcoin anyway.

Yes but those who dont have computer or gadgets might get the chance to have one by that time, 6 years from now life is not always as it used to be for everyone because there is always progress. i think the users of btc will increase but not everyone will be using it by that time.

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Quote from: Xinarae on September 04, 2016, 09:31:43 PM

I Things so bitcoin is are futuru money, may we need to some revolution years to years, so i say bitcoin will be getting to know then this will flourish. may a few people will got some salary with bitcoin Cheesy

Bitcoin has an amazing future ahead, i do hope the new project of megaupload can bring and expose a bit more bitcoin, but it be used by almost all its quite impossible. About get paid with bitcoin its insane as you will to exchange into fiat to pay the bills.

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I think it will still be a very minute percentage of the world that uses bitcoin by 2022. Most people probably don't even know what bitcoin is. Also, anyone without a computer or smartphone would not be able to use bitcoin anyway.

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Quote from: randy8777 on September 05, 2016, 01:20:35 PM

Quote from: phreaky on September 05, 2016, 10:40:47 AM

I do not think that everyone is going to make use of Bitcoin because that is just somewhat impossible to do.
Maybe later on in the future it can happen but even then it seems unlikely.

if we at some point manage to have 1% of the world to use bitcoin, then that already is a great accomplishment. 1% may seem as a low number to some people, but 1% stands for 70 million people using bitcoin.

+1 (Sorry if it looks like useless com, but i totally agree with him)

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Quote from: phreaky on September 05, 2016, 10:40:47 AM

I do not think that everyone is going to make use of Bitcoin because that is just somewhat impossible to do.
Maybe later on in the future it can happen but even then it seems unlikely.

if we at some point manage to have 1% of the world to use bitcoin, then that already is a great accomplishment. 1% may seem as a low number to some people, but 1% stands for 70 million people using bitcoin.

Dagmen

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Quote from: Aamir1 on September 05, 2016, 11:29:27 AM

Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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.

Bitcoin will not destroy bank or the fiat system, and if it does then governments of every country would make bitcoin a paper currency and open bitcoin banks and will make bitcoin exactly like fiat again, so that is not what we would like probably.

Why would governments make paper currency ? If fiat money is "destroyed" by bitcoin, it just means that it's esier to use bitcoin so there is no reason to create another paper currency. And why would people go into bitcoin banks since they can be their own bank ? :/

Aamir1

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Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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.

Bitcoin will not destroy bank or the fiat system, and if it does then governments of every country would make bitcoin a paper currency and open bitcoin banks and will make bitcoin exactly like fiat again, so that is not what we would like probably.

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Quote from: Dagmen on September 05, 2016, 09:26:26 AM

For people to use bitcoins, there must be places to spend it. And I don't think there are much of those out of USA :/

2022 is still some time away. If we do get a killer ap developed in the next 5 years, bitcoin adoption could explode.
Still, I think, global internet access has to come before global bitcoin adoption.

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