WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 47.

Misshi

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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.

That is the goal of Bitcoin. Bitcoin wants to be the first digital currency that is widely use around the world. Because many of us are now into Bitcoin, that would be possible to occur. Of course, those banks whose holding fiat are now become worthless if that would happen. Then maybe those banks may switch on keeping Bitcoins, so that they will still have a play in the market.

LogitechMouse

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I should say more people will use bitcoin in 2022 but not that much I think. Almost everyone is impossible for only 6 years because since the birth of bitcoin until now, only 1% of the world population is using bitcoin. I can say that in 2022 and in the succeeding years, more and more people will be involved in bitcoin but not almost everyone.

Kim Ji Won

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For me, its a big YES! There is a big possibility that bitcoin will be used by almost everyone in 2022 as we can see that bitcoin is gaining more and more attention as time passes by. We are witnessing how digital currency our dominating or making a mark in our financial world so it is not hard to fathom that it will play a huge role in our financial world.

homculus

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yes I agree bitcoin is our savings in the long run. now bitcoin has become an investment for some people. but I also suggest to also invest other than bitcoin because a lot of coins are also very potential

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If everyone could use a good internet connection, it seems possible. But internet is one of the thing that not freely accessible to some poor country. I think 2022 only 1/4 of the world will recognize and use the bitcoin.

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Quote from: TrueCryptonaire on October 08, 2017, 07:57:56 AM

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 also believe that bitcoin will be used in 2022 by everyone but the other part of statement is not correct, as banks can not go out of market, they are the most important tier of the economy of a country. The banks are the issuer of loans to the people of a country and they help the economy to grow they create money without actually increasing the money supply by the money of depositors, so they have a very important role in the market and will be present for a long long time.

I simply agree with you in a way. Although almost everyone in 2022 is something no one can really tell since it is closer than anyone can imagine, but there could be a possibility of slightly all learned people and those who have access to the internet.

There is a huge population of some people in the world today still lagging behind with advancement in technology and those set of people cannot be ruled out. However, what I agree mostly is the part that banks cannot be sidelined with the presence of cryptocurrency.

Fiats are controllable and government will never give that up for anything. Even with the existence of cryptocurrency, there will be so many people who will rely solely on the usage of fiat and with that, they will keep being in operation.

rickadone

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Quote from: yasher on October 12, 2017, 03:34:45 AM

A lot of people will be using this coin but I would not say almost everyone, there are still people who are doubtful about bitcoin and cryptocurrencies and banks and companies will do everything they can to hold it down.

If you are still worried about people's doubt, it will be a thing of the past very soon when people will no longer be doubtful but only angry that it is too expensive when they end up finding out the price some people even got 1 BTC at today's price. Gradually, the currency is being recognized in most places, I even read recently where Pacific Nation of Vanuatu is accepting bitcoin for citizenship and it is going to keep getting better.

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There's literally no chance of everyone using bitcoin in 2022. It might be very broadly used, yes, but there are so many countries that do not have the infrastructure to have a digital currency that would mean anything.

MyIdeas

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Quote from: arbelian on October 14, 2017, 09:26:58 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.

That is possible to happen in the future because the crypto currencies progress is getting stronger and it is spreading worldwide. But of course for sure every government of every country would still protect the fiat system to be regulated.

This is possible to happen in the future but not at all possible by the end of 2022. Still, there is only 1% of the population who knows about bitcoin. It is more than impossible for bitcoin to gain this much fame and popularity in such a short span of time. There are likely chances that the number of investors investing in bitcoin will be increased in coming days.

thisappointed

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We can't really tell that the people in this world will be using bitcoin in 2022 because that is not possible to happen since bitcoin is not that too popular and a lot of people are still not aware about bitcoin and that is what we should work in order to have a comfortable thinking that bitcoin will get used in the future by almost everyone.

peterthegreat

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Bitcoin will for sure be used by everyone in 2022. The thing is though they might not even know it kind of like what happened with the internet and the browser.

mando1996

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Quote from: nightfury on October 15, 2017, 05:50:05 AM

I don't think so. Not all countries are in the mood of using or legalizing bitcoin in their country. As we know, China has banned bitcoin in their countries because they also have their own point of view about the effects of bitcoin might bring into their economy.

2022 is too early.Though bitcoin is getting popular day by day and many people are enrolling themselves in bitcoin,still it is impossible that bitcoin will be used by almost everyone till 2022.There is still alot of population that has not even heard about bitcoin.Bitcoin is also not legalised in many nations as it is not controlled or operated by a central bank or an institution.It is also difficult to make someone understand about bitcoin and requires efforts.

overboost

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Calculate 10 years (2018-1008) for ~5% adoption, roughly.
We are in the very early stages.
Let's say another 10 years in order to reach ~25% adoption, and then things will accelerate.
I see only bright things for BTC.

lenovo16

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Quote from: OROBTC on March 30, 2016, 12:39:23 PM

...

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.

The same as my thought. I think in 2020 the number of bitcoin user will double but not to the point that everyone will use it. Aside from that not all country allow bitcoin to enter their system because they know that it came to a lot of changes. And I think the economy is nit ready yet.

nightfury

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I don't think so. Not all countries are in the mood of using or legalizing bitcoin in their country. As we know, China has banned bitcoin in their countries because they also have their own point of view about the effects of bitcoin might bring into their economy.

marjoree

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Quote from: Amph on March 30, 2016, 01:34:49 PM

better to stay with the prediction of satoshi, so i would postpone it to 2028, 5-6 years are probably not enough for a great adoption, 10 years is a better time frame for it

I agree with you. Not every people can easily adapt it for few years only and especially those who are in the third world country. And not everyone can afford the electric bill due to paying attention online. So, better wait and not expect so much

Fulmand

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Quote from: joshua10 on October 15, 2017, 04:51:13 AM

if i ask you i'm ok with that kind of thing but that's a lot like that so it's a bad thing to do that many do not know about bitcoin so it's too late because you've got so many people in the world so little who knows what really is bitcoin so maybe it's a big adjustment for people in case it's implemented and there's a lot to regret for the ones they're buying now and then differently ,,,,,

Many possibilities are yet to come for the coming 5 years. We really can never tell if everyone will be using bitcoin by then but one thing is for sure, bitcoin will be known to many considering the fast campaign in social media and many other websites.Many are already interested in joining due to the tempting and enticing bitcoin exchange that really help to those people who are looking for extra income.If there will be no legal issues that will arise along the way the possibility is quite high.

joshua10

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if i ask you i'm ok with that kind of thing but that's a lot like that so it's a bad thing to do that many do not know about bitcoin so it's too late because you've got so many people in the world so little who knows what really is bitcoin so maybe it's a big adjustment for people in case it's implemented and there's a lot to regret for the ones they're buying now and then differently ,,,,,

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Quote from: Headtekker on October 12, 2017, 05:00:54 AM

I think that it will already be used by everyone in 2020. In 2 years a lot can happen. Because bitcoin is only growing and growing. More people are starting to use bitcoin. And when the world will see what is happening with bitcoin, everyone will buy it.

In just this year alone, a lot has happened. Within the next few years a whole lot more is definitely going to happen. As most countries start adopting it so as not to miss out, so many countries will start seeing it as a way to even develop and enrich their economy as time goes on. All this balls down to one thing, huge growth for bitcoin and that is why we should be optimistic.

Dreamchaser21

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Quote from: arbelian on October 14, 2017, 09:26:58 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.

That is possible to happen in the future because the crypto currencies progress is getting stronger and it is spreading worldwide. But of course for sure every government of every country would still protect the fiat system to be regulated.

Well we really have to open the possibilities that bitcoin will be use by everyone, as we can see now a lot of people are now paying attention on this growing currency and i believe bitcoin will surely become more powerful in the coming years.

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