WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 45.

Maltven

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Quote from: wurth on October 19, 2017, 12:24:39 AM

Quote from: edisystem on October 18, 2017, 11:53:44 PM

Quote from: Milo_Kidd on October 18, 2017, 04:12:04 PM

Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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.

Skyshark

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Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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, it might be true that people is gonna use bitcoin globally even in their daily needs in 2022, but I dont think that banks or even fiat currency will be shut down or put to an end, its just too early to say that paper money will be stopped by the year 2022. Its also gonna take some time to do some legal matters or talk within the government.

Asnatin

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Quote from: Rudy_Third27 on October 21, 2017, 09:42:32 PM

I think not everyone uses bitcoin in 2022 because to use bitcoin we have to have a wide knowledge of bitcoin and the main one is there must be internet connection.
My prediction is that only 80% of people around the world use bitcoin, 20% do not use bitcoin.

If many people can use smart phone, they can use bitcoin. The wallet will have to be user friendly.

Rudy_Third27

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I think not everyone uses bitcoin in 2022 because to use bitcoin we have to have a wide knowledge of bitcoin and the main one is there must be internet connection.
My prediction is that only 80% of people around the world use bitcoin, 20% do not use bitcoin.

lvincent

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I don't think that everyone is already using btc by the year 2022 and cryptocurrency can't destroy fiat the government will not allow that i know that we are in the modern era but i think we are not ready to change what we are accustomed with. It's 2017 and the government don't recognized btc and other government banned it so in the near future i can't see that almost all of people are using btc although we know that it really is great but our government just can't see it cause btc is decentralized that no one is controlling it..

PuraPuraBego

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Quote from: Edrian on October 21, 2017, 06:44:26 PM

Quote from: miyong on October 21, 2017, 05:38:31 PM

I don't know if that will be possible within that year. There are some part of the countries that doesn't goes well with the new technology. It will be very difficult to adjust and tell everyone about the digital currency will be used instead of usual money.

Indeed the span of time given is too short. There are alot of people who does not have an idea on what cryptocurrency is.
Maybe it is possible but it will take a lot of time.

The presence of bitcoin becomes a anxiety in state agencies, those like a banks or another which relates to money.
For 2020 there will be compilations in various countries around the world. denial or acceptance Cheesy

Sadlife

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Nope bitcoin wont destroy it after all it is necessary for fiat and crypto currencies exist without it how can we convert bitcoin into BTC/USD or any other fiat currency. In fact it will benefit benefit both currencies causw people will start to exchange their money to USD/CRYPTO and CRYPTO/USD. The decentralized system is there when people are fed up with the fiat debt based system its more like an alternative choice.

Edrian

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Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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 finally legalizing bitcoin and destroying fiat gives the bank new opportunity to adapt to it. They will soon find a way on how they will affliate themselves to cryptocurrency.

Quote from: miyong on October 21, 2017, 05:38:31 PM

I don't know if that will be possible within that year. There are some part of the countries that doesn't goes well with the new technology. It will be very difficult to adjust and tell everyone about the digital currency will be used instead of usual money.

Indeed the span of time given is too short. There are alot of people who does not have an idea on what cryptocurrency is.
Maybe it is possible but it will take a lot of time.

Gaff

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Quote from: marseille on October 21, 2017, 05:30:55 PM

Bitcoin is gaining popularity slowly and steadily but that doesn't mean it will be used by each and every person in coming times as there will be many people who will prefer to stay away from it and will use only fiat for shopping and invest their money in gold and other products on which they have more faith.

Yes. If demands is concerned,bitcoins will be used by almost everyone in 2022. By that time,the pice of bitcoin will be too high which most people can't buy but the investors instead who have millions of money with them. That's reality of life but because bitcoin can give an income which has a great value,then people are still part of it and won't stop using bitcoin and they'll be used to it. As a result,no one can stop people from using bitcoin in that year.

miyong

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I don't know if that will be possible within that year. There are some part of the countries that doesn't goes well with the new technology. It will be very difficult to adjust and tell everyone about the digital currency will be used instead of usual money.

marseille

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Bitcoin is gaining popularity slowly and steadily but that doesn't mean it will be used by each and every person in coming times as there will be many people who will prefer to stay away from it and will use only fiat for shopping and invest their money in gold and other products on which they have more faith.

seizetehday5

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Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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.

Well to be fair banks wont go out of business but their business will be drastically reduced if bitcoin does what it set out to do. As per the thread title it wont even be close that all people will use bitcoin by 2022. Lets consider

the fact that half the world doesnt have internet and by then even if that # reduces to 40% that still means roughly 3-4 billion people cant access it. It cannot happen given the numbers I spoke about right there.

Beareonetu

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I might like to think about it, that everybody is employing Bitcoin because we know how it is simple to use, with just 1 click on you can send out and obtain payment. And I imagine that Bitcoin is secured and for confident the stability will get stricter as the time arrives. So, if absolutely everyone is making use of it, then we can very easily manage our funds 'cause it is just in the display screen of our Cell devices.

ilyadt

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Prior to bitcoin be used by virtually we need huge companies to sign up for, those will provide lower retailers to acknowledge and function with bitcoin as effectively, microsoft take a phase already, if they allow us to someday to purchase a laptop with bitcoins we will be on the way, we cant predict how long bitcoin will just take to be virtually all over the place but we know it has potencial to grow and it keeps increasing.

Blackwhite69

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Quote from: Milo_Kidd on October 18, 2017, 04:12:04 PM

Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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.

This will cause problems for the future for all bitcoin users and should have the best way for the future Wink

Pixyoxx

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Bitcoin being used by everyone is debatable, whereas bitcoin having a wider span of users is more likely. In future, with growing use of cryptocurrency, many banks and private companies may issue their own cryptocurrency in the market. Bitcoin will be in reach of many people worldwide in near future with increasing talks about it and its popularity among traders.

ausbit

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Quote from: farwellbit on September 25, 2017, 04:26:09 AM

Quote from: modous on September 13, 2017, 03:22:18 AM

I think it will be used even earlier. i think like in 2020 a lot of people will use bitcoin. because bitcoin is just growing so fast.
And the value is still rising. So i think you should invest in bitcoin.

Yes I also agree with you, that most of the governments of the world may not regularize and legalize bitcoin as their usable currency. And that will be the most common reason for not prevailing bitcoin all over the world till 2022.

Once the advance countries regularize bitcoin and start dealing in bitcoin then the other countries will also start trading and investing in bitcoin and will realize it as a digital currency of the world.

Yes I agree with you. The possibility is there that many people will accept bitcoin up to 2022, but still people will need to convert bitcoin into fiat or paper currency for their daily use. May be people use bitcoin in different shapes but the ordinary and illiterate will take some more time to know about bitcoin and fully understand the importance, value and advantages of bitcoin. Just wait and observe.

Mrsmants

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Before bitcoin be employed by nearly we need to have massive organizations to sign up for, individuals will deliver lower merchants to settle for and operate with bitcoin as properly, microsoft consider a phase presently, if they permit us to someday to acquire a personal computer with bitcoins we will be on the way, we cant forecast how long bitcoin will consider to be practically all over the place but we know it has potencial to grow and it keeps growing.

wurth

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Blockchain Just Entered The Real World

Quote from: edisystem on October 18, 2017, 11:53:44 PM

Quote from: Milo_Kidd on October 18, 2017, 04:12:04 PM

Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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.

edisystem

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Quote from: Milo_Kidd on October 18, 2017, 04:12:04 PM

Quote from: Endikadija on March 30, 2016, 11:48:50 AM

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.

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