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Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 43. (Read 169509 times)

full member
Activity: 201
Merit: 100
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.

Yes it might happen, the thing is people must be able to still convert it in their own currency for them to possibly can acquire money to use for payments , I think a cashless society is not good for us due to the fact that it may cause us to acquire high standard and quality gadget to have a better transaction in which small country can't do.
legendary
Activity: 1092
Merit: 1000
It is subj aid 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 the rate by which bitcoin is increasing there are chances that more and more people will connect to it.  And there are very high chances that bitcoin is used by everyone in 2022. Bitcoin has come with so much advantages and it gives so much freedom to the people economically that there are chances that more and more people will connect to it. Bitcoin allows transaction without any fees across accounts,  bitcoin gives a sense of security.  I think we these advantages there are chances that people will connect to bitcoins more and more.  With this rate there are chances that people will connect to bitcoins.
full member
Activity: 346
Merit: 103
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.

Of course there is a big possibility that bitcoin will be used by people in 2022 because as we can see today's era as the people are knew about bitcoin. It serves as a supports to their problems which is financial, it able to sustain everyday needs and as well able to buy their wants. And of course because of modern technology on that year bitcoin would likely to become one of the currency to be used.
hero member
Activity: 994
Merit: 544
At the rate of current situation, I guess most of the people who have access in the internet will be using bitcoin as an alternative way to transact its purchase/sales online.
Such a possibility is very low. At least it takes a generations time to reach around 25% of the entire population. Right now what the strength we have seems to be less than 5% of the population. Let's wait and see, only time can give answer for the same.
The difference is only five years so I guess this thing is yet impossible to happen.  Bitcoin is not yet that popular in every part and corner of the world.  Maybe it will be used by all people 30 to 50 years from now.
full member
Activity: 1442
Merit: 153
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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.

Yeah I think because we all know that the number of people who are using bitcoin today and choose to earn it are rapidly increasing and we know that this kind of bitcoin money is today a life saver for all people who has some problems specifically financial problems that supports and solve it.
member
Activity: 230
Merit: 10
At the rate of current situation, I guess most of the people who have access in the internet will be using bitcoin as an alternative way to transact its purchase/sales online.
Such a possibility is very low. At least it takes a generations time to reach around 25% of the entire population. Right now what the strength we have seems to be less than 5% of the population. Let's wait and see, only time can give answer for the same.
full member
Activity: 380
Merit: 100
At the rate of current situation, I guess most of the people who have access in the internet will be using bitcoin as an alternative way to transact its purchase/sales online.
full member
Activity: 612
Merit: 102
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.

all we can say now are all speculations but if you based on news
bitcoin is spreading worldwide so it wont be impossible if percentage of bitcoin user increased
newbie
Activity: 10
Merit: 0
I think by then everyone will be using bitcoin. Witch is probably nice but investing in bitcoin when everyone uses bitcoin won't make you a lot of money anymore than you would if you were investing right now.
hero member
Activity: 882
Merit: 506
I think there will come a time that people all over the world will use digital currencies. However, I do not see it happening in the near future because banks are protected by governments due to the fact that its business is imbued with public interest. Meaning to say, a lot of people who invests on banks will be heavily paralyzed should the banking system close indefinitely. Remember there are points on why banks are still better than digital currencies and one of which is the certainty that when you put your money to them, you are assured it will be returned to you unlike that of digital currencies wherein it offers no security.
newbie
Activity: 15
Merit: 0
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.

Most of the people will use it i think, but not everyone. They still trust their currency's. Nowadays not every people are using bitcoin. Some people have less bitcoins.

If everyone will use bitcoin. Bitcoin would gain in price, but it would get hard to get coins.
At present, there is only 1% of the population of the entire world which knows about bitcoin. Still there are so many people who are unaware of even the word bitcoin. In the coming days, there will be so many people who will be knowing about bitcoin but still there will so many others as well, who will be unaware of this thing even by the end of 2022. It will take lot of time for this world to know about bitcoin.
Yes, we are very low in number but has been contributing to an billion dollar valued asset. Currently we're to the maximum of 2-3% in the population is aware of bitcoin as well other digital currencies. This will increase as more news regarding digital growth keeps coming through news portals. By 2022 the price will be much higher as we'll be crossing one more halving, in terms of user base we might reach around 5-8% of the population.
5-8%? i think that is too little to think about i would say it can become 20% around 2022 because a lot of new people are starting and i am not talking about the bots or the multiple accounts but i am talking about actual new people who find it interesting to use and invest in bitcoin.
hero member
Activity: 994
Merit: 502
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.

Most of the people will use it i think, but not everyone. They still trust their currency's. Nowadays not every people are using bitcoin. Some people have less bitcoins.

If everyone will use bitcoin. Bitcoin would gain in price, but it would get hard to get coins.
At present, there is only 1% of the population of the entire world which knows about bitcoin. Still there are so many people who are unaware of even the word bitcoin. In the coming days, there will be so many people who will be knowing about bitcoin but still there will so many others as well, who will be unaware of this thing even by the end of 2022. It will take lot of time for this world to know about bitcoin.
Yes, we are very low in number but has been contributing to an billion dollar valued asset. Currently we're to the maximum of 2-3% in the population is aware of bitcoin as well other digital currencies. This will increase as more news regarding digital growth keeps coming through news portals. By 2022 the price will be much higher as we'll be crossing one more halving, in terms of user base we might reach around 5-8% of the population.
full member
Activity: 128
Merit: 100
I think it will not happen. The government does not allow a country and a central bank to simply replace the fiat that is used to. It's not all that appreciated the bitcoin especially those living in the islands. In addition, there is a single sign of fiat symbol in a country. How much to know a country if we mostly use all transactions is bitcoin. Yes, let's say we all know bitcoin and many users of bitcoin but so many do not know about bitcoin.It's just my opinion.
member
Activity: 98
Merit: 10
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
hero member
Activity: 896
Merit: 502
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.

Most of the people will use it i think, but not everyone. They still trust their currency's. Nowadays not every people are using bitcoin. Some people have less bitcoins.

If everyone will use bitcoin. Bitcoin would gain in price, but it would get hard to get coins.
At present, there is only 1% of the population of the entire world which knows about bitcoin. Still there are so many people who are unaware of even the word bitcoin. In the coming days, there will be so many people who will be knowing about bitcoin but still there will so many others as well, who will be unaware of this thing even by the end of 2022. It will take lot of time for this world to know about bitcoin.
hero member
Activity: 2856
Merit: 667
it is not possible in this short time.it will take more long time.it will take almost 2050.This time world will change but we will not there I think so. Grin
Not sure if everyone will use bitcoin, even with the extraordinary success has achieve lately and the future looks brighter I still
think it will not make the majority of the world's population to adopt.
sr. member
Activity: 2198
Merit: 273
DGbet.fun - Crypto Sportsbook
depending on the state of the government, if they end up mass regulating, then 2022 will be the bitcoin year of glory, but also the Internet technology infrastructure must be comprehensive to all regions, this is also an important factor. Bitcoin does not require counseling or is included in the school curriculum because human resources will increase if people are familiar with long-term investment and investment assets.
full member
Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
it is not possible in this short time.it will take more long time.it will take almost 2050.This time world will change but we will not there I think so. Grin
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Yes I think by 2022 almost everyone will be using Bitcoin and other crypto coins but I don't think it will destroy or eliminate the fiat currencies, I think it's far from happening as of this time. But we'll never know, a lot could happen in a few years.
I don't think that 2022 will not be the time where bitcoin will be used by almost everyone because bitcoin has still a long way to go and the remaining almost 5 years is not enough for bitcoin to be known by almost everyone and use it as a currency or to put their money in bitcoin because even until now, a lot of people are just clueless that bitcoin existed.
full member
Activity: 952
Merit: 104
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Bitcoin will be used by almost everyone not only in 2022 but even now people can use bitcoin with effeciency because of internet. Maybe 2022 will be a boost for bitcoin users but it is up to the information and the encouragement of the people already in bitcoin industry.
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