Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 162. (Read 169531 times)

No If I'm honest I do not see this happen at all, the possibility is there but I think its just to early to conclude this if I'm honest.
There are still too many people depending on other currency's and I do not see step over to another currency anytime soon.

Bitcoin won't destroy the Fiat system. The Fiat system will destroy the Fiat system.

What most people aren't aware of is that the government can easily adopt some form of blockchain technology, create an alternative cryptographic currency, and then name that currency The United States Dollar. They own the rights to that name, and so can easily scrap the fiat system in favor of a blackchain based alternative.

So in the years to come, the entire US population may end up using some version of a national crypto currency without even knowing it. Whether this currency will be Bitcoin, or something else, I'm not entirely sure - but I do see the global economy heading toward blockchain adoption.

The only alternative is complete financial devastation, caused by repeated rounds of "Quantitative Easing" that has caused the dollar to lose 99% of it's value over the last 100 years, thereby depleting the worth of an entire nation's savings... which has brought about a complete lack of a capacity for the government to repay national debt.

In the long run, this financial crisis is only going to get worse, unless the system is completely overhauled... And the only mechanism in existence today that is capable of acting as an alternative to the current financial system is the Blockchain

Although bitcoin will be used by 90% or even more people all over the world, I'm sure it wont destroy FIAT. Most countries will still use fiat as their official currency/payment method instead of btc.

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Will BTC be used by almost everyone in 2022?

Nope.  I know very few "Millennials" who use it, yet they are the most connected people around.  There is no way that my Boomer generation will adopt BTC as is, it's just too complicated and clumsy.  "Not ready for primetime."

There are not enough merchants who accept it.  In my eyes, this is perhaps the major stumbling block.

There is ALWAYS the possibility of unknown types of future attacks (of various sorts) against the Bitcoin Ecosystem.

BTC is too volatile for mass use.


While I wish BTC well (and have a nice little stake), I think it will move slowly.

bitcoin will not destroy the fiat also bank will still exist because government always be supported bank although bitcoin will more popular i don't think bitcoin will conquer the world by destroy fiat and banks because government won't let it happen

if this happens the banks will be destroyed first of all they wont let us to do so and the government they will allow bitcoin to be used as dollar.Bitcoin will not be used by everyone in 2022 even not till end .


yes you should save your coins because its price is going to increase and its getting popular every day.

So we have to collect as many coins as we can and save them?

Bitcoin will more then likely won't destroy fiat , Banks and goverments will simply won't let us do that . They will even make their own crypto currencies but It won't be decentralized like Bitcoin because they like to control .

Now if we speak about the price , yes It's going to rise a lot and if we speak about the users then yes It will rise a lot too but "Almost everyone" ? probably not .

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.