WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 37.

Izarok

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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'm a firm believer in that. It might not replace fiat this coming years but digital currency will be widely used throughout the world by 2022. Who doesn't like decentralize market anyways?

Saerel

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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 believe that most people of the world will use it because of its better to transact than fiat. Like we can directly use worldwide trading. But I am not sure if what the market will be in the future.

We never know about that but i'm pretty sure more people will use bitcoin and bitcoin become more popular in 2022. If we talk about everyone use bitcoin in 2022, it's possible but i'm not sure about that. There are still many people in this world that don't know about bitcoins.

Just see the price of Bitcoin at now, you can know we have not much Bitcoin user. The world have 7 trillion population, but total supply coin of Bitcoin is just 21 million coins, but this is the max supply and we still need a long time to mining all that amount.

I agree with you but there are still options that most of the people in the world will use bitcoin because the max supply is 21 million coins but not everyone has 1 coin and the people who are using bitcoin now are very few.

That doesn’t matter. Number don’t have any concern in terms of the future. See, bitcoin is being developed since last 9 years and only 21 million bitcoin are there in market. But when you talk about future, users will be more in number then ultimately the developing companies have to manage more bitcoins as per population. So, things will be fine and the future is all about it.

I do not think that there would be more bitcoins because we are already having a lot of struggles to mine the amount of bitcoins which actually are left and with more people it will become faster but not easier.

I agree with you i personally do not think that everyone will use bitcoin in 2022 why? because there is just 4%of the world population using it right now i do not think that in 4 years it can become 100% that easily.

That is true very few people of the world know about bitcoin and i do not count the multiple accounts or the bots that they are using to mine and earn bitcoin but just the normal people there are too few to actually think that everyone will use bitcoin in 2022.

I agree with you but even if everyone uses it by then there would be a few people who actually know how bitcoin works and that is why not everyone will be able to use it people will just pay 5k bitcoins for 1 pizza because they do not know how much 1 is worth.

Hahah that reminds me of a story a long time ago when bitcoin was worth nothing and a guy bought a pizza for like 5k bitcoins and i probably think that he is regretting it very much now and grinding for the bitcoins again.

I read that story that story is also the one that made be go into bitcoin because with that story i feeled and knew that bitcoin can become a lot more bigger than it was at that moment and i was right now i have a very big profit from bitcoin.

I agree with you i too have a very big profit from bitcoin but back to the topic i find that not everyone will be using bitcoin in 2022 because of the fact that there is still a bigger majority who does not even know of the existence of bitcoin.

Inarantyio96

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