WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 146.

Amph

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Quote from: Nowl1935 on May 14, 2016, 11:37:22 PM

Nope it think, cause it is like paypal, most of the people dont use paypal, paypal is release in 2003 but not every one is using it

what you are talking about, most fo the people actually use paypal, paypal users is 300M around the worl, 1/25 of all the people around the world

if you remove those that are in poverty this is a 10% of all the other at least, if bitcoin was to be adopted at this rate, the market cap woudl be huge

betohell

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Quote from: Nowl1935 on May 14, 2016, 11:37:22 PM

Nope it think, cause it is like paypal, most of the people dont use paypal, paypal is release in 2003 but not every one is using it

yeah it is because many people have not been incorporated in the internet. many people are still blind to the internet and they will not know about paypal or bitcoin. not for the past decade

toy4lov3rs

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Quote from: azeminjo09 on May 15, 2016, 04:53:51 PM

Probably but you never know what will happen, banks will never disappear

Yeah even if bitcoin gets on the mainstream and majority of people start using it there is no scope for banks to disappear as people still have more faith in traditional banking system.

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Quote from: Nowl1935 on May 14, 2016, 11:37:22 PM

Nope it think, cause it is like paypal, most of the people dont use paypal, paypal is release in 2003 but not every one is using it

But people will ask you: "Why do I need bitcoin?" When I want to pay something online then I can use paypal.

Well, at the end there is a reason for handling it that way. When I check out the private exchangers in my country on localbitcoins then it seems trading stopped completely and the last one offering sells his bitcoin for moonprices.

Great times for bitcoin exchanges it seems. Though using paypal is way more easy than that.

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Probably but you never know what will happen, banks will never disappear

BitcoinPaw

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I don't know, maybe in 2020 or 2018 will be the end of bitcoin? Who knows? I think that if bitcoin will work like this, people will join bitcoin more and more.

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Quote from: neochiny on May 15, 2016, 06:20:24 AM

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.

bitcoin wont be able to destroy fiat money but it might be able to surpass it but it wont
be happening in 2022 it my opinion bitcoin still has lot of problems that people and investors
are scared about but once bitcoin overcome that problems bitcoin will be able to rise faster
than ever.

Yeah the basic thing would be people should have faith in bitcoin and it capabilities, and once it is achieved then it will be used by majority of the people worldwide.

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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.

bitcoin wont be able to destroy fiat money but it might be able to surpass it but it wont
be happening in 2022 it my opinion bitcoin still has lot of problems that people and investors
are scared about but once bitcoin overcome that problems bitcoin will be able to rise faster
than ever.

Nowl1935

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Nope it think, cause it is like paypal, most of the people dont use paypal, paypal is release in 2003 but not every one is using it

Vikingr

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yeah, at that time there is no doubt that bitcoin will be used by everyone,by that I mean those people who have internet, yes all the internet users will have bitcoin and will use it normally.

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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.

Bitcoin can't do this not now and also nor in future, Bitcoin has not too much power to destroy the fiat system. because our Government and Banks have main roll to build the fiat system,so when ever Government and Banks are remain so it is impossible talk that bitcoin can't destroy the fiat system.

shield132

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It won't happen. I think that in future simple money will be converted to BTC and visa/mastercard and online pays will be done using bitcoin, which will be more stable

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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.

Bitcoin will not destroy fiat money are related to current financial system,that system is in self destroying phase ,coming to crash

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Quote from: Rizky Aditya on May 14, 2016, 06:58:52 AM

A lot of third world countries will adapt Bitcoin because it is much better than their current fiat currency. Other countries probably won't in such a short period of time.

Third world country people might use much compared to the other countries. The reason is not because of its betterment in usage. It has not got much restrictions like those in the grown countries.

ObscureBean

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I very much doubt Bitcoin will have achieved that kind of growth by 2022, that's only like 6 six years away. Also I don't think Bitcoin will ever 'destroy' the fiat system, if Bitcoin manages to solve its core issues maybe at some point we'll see the two co-existing. And from there if Bitcoin really works, I believe we'll gradually shift to purely digital money.

Rizky Aditya

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A lot of third world countries will adapt Bitcoin because it is much better than their current fiat currency. Other countries probably won't in such a short period of time.

intrader

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I think even in developed countries maybe 20% of people will use bitcoin and bank will develop it own digital payment solution similiar to bitcoin and fiat or debit card still in our daily uses

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Quote from: streazight on May 13, 2016, 09:05:10 PM

Quote from: Hatuferu on May 13, 2016, 05:57:52 AM

Quote from: target on May 13, 2016, 12:20:23 AM

Quote from: Doms on May 13, 2016, 12:07:57 AM

Changing times and fast paced technologies are slowly influencing the ways we do our day to day transactions. Even third world countries are being introduced to BTC, though at a slower pace. It might take more than 6 years before something like mass adoption in far away places take place. People living in remote areas would find it challenging to adapt to changes because of logistical problems and infrastracture limitations.

I am from a third world country and yes, there have been websites in our country accepting bitcoin and services allowing users to cash out bitcoin to our banks, this proves bitcoin is now being used by almost all countries. One of the government official mentioned to have our own coin in the senate too. although i doubt it will be implemented.

I agree, bitcoin is really useful in the 3rd world countries, less developed, and undeveloped countries because they are mostly exploited by the sharks who owns remittance center charging high fees. With the advent of bitcoin, we can save billions of money for the remittances alone and we can help the people maximize their income if they are sending their money to their families.

I dont really cant tell if will people will use bitcoin in 2020, we cant say anything safely about that as there are so many factors involve in that coin. But i think it will have many competitors by that time and many ALT coin dev will make more move to get bitcoin died.

Nobody can tell but we just need to follow our guts, we are the early adopters of bitcoins and we should be benefited if it will remain successful in the future. But how can we be benefited if we have doubts on it, we need to invest to show our support on bitcoins.

streazight

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yes, everyone use them by 2020

BeGoods

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Quote from: phreaky on May 10, 2016, 08:11:25 PM

No the bitcoin will not get used by everyone, I really have no doubt about the fact that is not gonna get used by almost everyone.
Its simply just not possible these days and also not in the future with the other currency's.

yeah I think everyone has things they like? and it was different from one another. may be interpreted that people have a system that he likes himself? of course there are people who do not like the system of bitcoin as anonymous or otherwise. so there must be people who do not wear bitcoin

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