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Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 29. (Read 169509 times)

newbie
Activity: 28
Merit: 0
The quantity of electrical power and poer th netork requires for mining is unsustainable and environmentally insensitive.  Thwewan be a drawback with all of POW systems in general.sc i
newbie
Activity: 75
Merit: 0
No Way!!! not with this level of transaction Fee's impossible!!

The perfectly designed Game is on by Regulators and Governments to fully blow up BITCOIN, Cboe futures listing is indication!! ??

My experience on crypto says money will flows only to who has lot of money already !! Sad for poor developers and miners!! may they have better money from past !! ultimate game is playing by fiat institutions and bitcoin futures is in there hand not in dev team or miners !! I'll throw up challenge to prove by dev team and miners team as wrong by reducing transaction fee to under $10/per transactions from current ~$94/transaction to include marginal bitcoin with small amount yet to make larger base. Otherwise let them accept bitcoin is not for common people and they are working as modern slavery for fiat institutions and/ or corrupt governments. Caution:: Current Bitcoin holders will be robbed or taken for ransome by rigged system in future for holding it!! either you have loose it or share your fortune with rough system it's the future (about to launch) of bitcoin I'm assessing!
full member
Activity: 266
Merit: 111
you see there quite a lot of people here on Earth and there are places without the net. That is why I think it will never happen in such a short period of time.
Bit this will happen ( I guess) eventually. And for that we will see a decent jump of popularity of BTC within investors next year, but even after 5 years there will be a lot of people who never heard about btc by that time.
sr. member
Activity: 686
Merit: 250
For me, bitcoin has a chance to be used by almost everyone in 2022, but the possibility is like 15-20% that nearly everyone will use bitcoin. Even bitcoin is expensive and getting popular the acceptance of it is low. There are only a few companies and establishment that accept bitcoin as payment. Also, some countries and sector of government don’t agree on bitcoin. Smiley
No it is simply too soon, I like bitcoin and I think eventually bitcoin is going to be used by a big amount of people across the globe, but you need to understand that things like these take time, look at mobile phones, that technology has been around since the 80 but it was not until the las decade that everyone began to use them, so it took almost 30 years for that technology to become accepted, bitcoin is only a decade old.
full member
Activity: 1162
Merit: 106
it seems still not, as we know that in 2018 and just 4 years away, it seems that bitcoin will not be used almost people in 2022, it may take at least 10 years from now.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
Yes! It will be happen by 2022 everyone used bitcoin. It defends upon on how this bitcoin manage to every users. Because only most users invites mostly of their friends. It is because of the good outcome.  As what i have notice all of my friends playing bitcoin from investing to trading they got multiple back profit of their money. So no doubt by 2022 everyone will used bitcoin.
staff
Activity: 3136
Merit: 570
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Bitcoin is definitely used by more and more people daily, by just taking a look at the growing amount of trading volumes in all the crypto-currencies exchanges, I could see the trading volume of bitcoin growing much higher as compared to a few years ago.
member
Activity: 294
Merit: 10
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 .
Kinda agreed with this guy opinion about the topic discussion. Like what he said, right now Uruguay made move about creating digital currencies that is "not bitcoin". Bank and government absolutely won't let digital currencies destroy them. and the term used by everyone. I think we need to eradicate the lack of technology knowledge in some area in this world.  Smiley
But that is not bitcoin purpose, bitcoin does not have as a goal to destroy fiat, the goal of bitcoin is to give you an alternative, there was no money to be had in this world that was not printed by a government and now we have hundreds of crypto that are precisely that and no only that we took off the middle man as well since you do not need banks, that is a great thing and something to not take too lightly.

The goal was diverted anyway. Bitcoin became an investment methd during the year and the payment usability is not that important at the moment. The usage is increasing every yer, in 2022, the community would be 15-20 times bigger than this.
On the off chance that we can judge the speed of loan cost of bitcoin then it there is greater plausibility of that each individual will move toward becoming clients of bitcoin before 2022 on the grounds that now bitcoin have make an incredible trust on bitcoin and individuals are bringing enthusiasm with a quick rate.
hero member
Activity: 980
Merit: 502
As bitcoin is leading of all the virtual currency and it's valuation is also increasing countinously and in the future it could be used by everyone but I think 2k22 would be little early because there the most countable disadvantage of all virtual currency is that one should have access to access to Internet and there are most probable chances all the people in my country, atleast, does not have access to Internet but after a decade there are chances that this virtual currency and specially the bitcoin would be used by everyone.
I don't think that bitcoin will be used by everyone in 2022.Though bitcoin has become very popular in the last eight years and its users are increasing day by day,still a large part of the world has not even heard about bitcoin or cryptocurrencies.To operate bitcoin,you need to have an internet connection and some basic knowledge about it.Internet accessibility is not possible in every corner of the world and also a large number of people are still illiterate.
newbie
Activity: 4
Merit: 0
...

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.


What do you mean by saying it is complicated to use BTC for previous Boomer generation? Is it hard to learn new for them, you think?
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
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 am not sure because many people are still prefer to use cash than bitcoin. There is only a small chance that most of the people in the next 5 years will use bitcoin. We need to educate them and to teach them about bitcoins for them to adapt it.
Cash is the literal instant in making payments because when you buy items in the stores or even in the malls, if you will pay using cash then there is no confirmation or even fee that is required to be paid because you can just handle the cash and give it to the cashier and after that then the transaction is finished and there is nothing to worry about the confirmation time and also the fees. So i think that bitcoin will still have a lot of years to pass before it will be used by almost everyone.
full member
Activity: 322
Merit: 100
we all know that the development of the era is very rapidly happening, the bitcoin that was not so well known now has soared the price and the more that believe, but will it all be destroying other economies, I do not think so, the competitors of this bitcoin will learn how to keep up or at least not to break, I think
newbie
Activity: 36
Merit: 0
It depend on humanlity
If bitcoin continue to grow like this so it like 100% bitcoin will replace all currency in the world
But only god know when  Cheesy Cheesy
Just sit down buy Bitcoin and wait to see what happend
jr. member
Activity: 59
Merit: 10
We don't know what is the way forward for bitcoin, whether it is accepted in the world or remaining same enjoy it is. I personally think that bitcoin will possess a good future, and i would say not everybody but most of the people will know about bitcoin and doing work on bitcoin.
member
Activity: 241
Merit: 11
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 am not sure because many people are still prefer to use cash than bitcoin. There is only a small chance that most of the people in the next 5 years will use bitcoin. We need to educate them and to teach them about bitcoins for them to adapt it.
sr. member
Activity: 854
Merit: 257
I don’t think that bitcoin will destroy the fiat system. I think we should hope that it will be another accepted currency nationwide. We must think of bitcoin to be helping the industry or economy that we have anf bot destroy the good things that are already at it.
full member
Activity: 593
Merit: 100
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This will never happen because bitcoins are causing but negative for many countries around the world so this is unlikely in the future.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
Define "EVERYONE". If you mean that the entire population of the earth, I don't think so. There are places were people don't have basic neccessities like water, electricity and proper shelter. By 2022, I expect there will be some people in the same condition and they will not be able to use bitcoin
That should mean it, I think that would never happen even 100 years from now.
People will use what the government tell them to use and when it's regulated it's more safe bitcoin is not centralized so it will just be
around but still the norm won't be change.
sr. member
Activity: 476
Merit: 250
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 think that those would be possible if and only if bitcoins are still going to be successful that time we all know how successful bitcoins now but we do not know how long they can hold that success they are having. But for sure as long as they become successful in that consecutive years until it comes to 2022 the bitcoins will be used by a lot of establishments and stores that are individuals owners because entrepreneurs wants to adapt to that future and knowing that the value of bitcoins is like an investment they will probably go all in to that thing because people wants it.
member
Activity: 66
Merit: 10
Define "EVERYONE". If you mean that the entire population of the earth, I don't think so. There are places were people don't have basic neccessities like water, electricity and proper shelter. By 2022, I expect there will be some people in the same condition and they will not be able to use bitcoin
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