Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 64. (Read 169509 times)
Until whenever bitcoin will not be able to destroy fiat, although in 2022 bitcoin will be popular. But I think everyone is not aware of the existence of bitcoin in the year 2022 because there are still many laymen who have not been able to use bitcoin.
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.
Probably the possibility and capability of bitcoin to be used by almost every people in the world is always visible because bitcoin cryptocurrency is a fast growing currency which is established and operated online. Even though bitcoin is a fast growing currency, it does not imply that it will destroy the other currency which has been established decades and centuries ago. In fact, cryptocurrencies are the innovated and modern version of the natural currency like dollar and euro. Cryptos are created so that currency can have its other face that go along with the rise of the modern technology. 
After financial crash of 2008, one of the immense things of cryptos is that they have removed the spiv managing an account framework from the condition by and large. Once the banks make cryptos mainstream, they'll quit offering the immense increases you can get at this moment and transform it into another trick where the main champs are simply the banks.
5 to 6 years from now and we will see a big change .I guess everyone in the world will be using bitcoin in 2022.Also bitcoin is growing at a very fast rate.Moreover it is also safe and secure in terms of earning money n saving it.
I can't rely on the words that you said on safety and security because bitcoins are still in risk if you lose your private keys or you have send the amount to the wrong address to receive. In people to use bitcoins it is proven that 2022 is already a lot of changes in every country i think there is a bitcoin atms available.to advertise bitcoin in such ways and if people seen that its really useful 2022 would be not so far to achieved for more people or most people to embrace
this system.
I dont think everyone will use bitcoin because we have 7 billion plus population in the whole world and if that happen for sure the price of bitcoin wil increase and possible to see hundreds thousands price per 1 bitcoin. I dont think fiat will destroy and replace by bitcoin. Because fiat for sure will not replace because fiat used for longterm but bitcoin we cant know how long they live in the online world.
I believe the direct answer to this question is no. It´s a very speculative answer however. The way we see currency will definitely change, blockchain tech is here to stay and will increasingly enter our lives. BTC as we know it will hardly replace fiat because of transations costs and sacalability. However some form of evolution of BTC or some other crypto that is easier to use might be widely adopted in the future.
It is just a small percentage of people who knows about the bitcoins and only few uses it so it may take a decade somehow.
5 to 6 years from now and we will see a big change .I guess everyone in the world will be using bitcoin in 2022.Also bitcoin is growing at a very fast rate.Moreover it is also safe and secure in terms of earning money n saving it.
I can't rely on the words that you said on safety and security because bitcoins are still in risk if you lose your private keys or you have send the amount to the wrong address to receive. In people to use bitcoins it is proven that 2022 is already a lot of changes in every country i think there is a bitcoin atms available.to advertise bitcoin in such ways and if people seen that its really useful 2022 would be not so far to achieved for more people or most people to embrace
this system.
it depends on how the government would react towards the legalization of btc on a country.
A lot of factors should be considered. I think it will be accessible by almost anyone who is inclined with the technology - but i don't believe that everybody can use btc.
A lot of factors should be considered. I think it will be accessible by almost anyone who is inclined with the technology - but i don't believe that everybody can use btc.
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.
The bitcoin will not destroy the fiat currency because the purpose of the bitcoin is to easily make a payments and not to destroy the fiat currency. I think the bitcoin will be used by many citizens by 2022. We need to realize that even at its peak adoption stage, Bitcoin is unlikely to be used by a majority of the people in the world. Look at Visa/Master. How many people are using them? I guess less than a billion. That represents less than one-seventh of the world's population.
Your point is correct, we have to understand that in the total population of the world there are less than half of it which are not potential with this system.We have to fully understand that there are countries who poverty problem is huge and people in that country are not focus on the new technology, they are more focus in making a living with a less paying job, and that could maybe because of the corrupt politicians.
If not all people have access on the internet by now how can we expect all of them to know what Bitcoin is by 2022? I think the best thing we can do is wait for all of the world's population to have an access to a stable connection first before expecting all of them to use Bitcoin, because it will take years for people to know and fully adoapt to Bitcoin even if people haves access now people who are not technologically inclinced will consume a lot of time in order to use Bitcoin. And there are people who would still prefer other modes of payment like the traditional Fiat currency.
5 to 6 years from now and we will see a big change .I guess everyone in the world will be using bitcoin in 2022.Also bitcoin is growing at a very fast rate.Moreover it is also safe and secure in terms of earning money n saving it.
I can't rely on the words that you said on safety and security because bitcoins are still in risk if you lose your private keys or you have send the amount to the wrong address to receive. In people to use bitcoins it is proven that 2022 is already a lot of changes in every country i think there is a bitcoin atms available.
5 to 6 years from now and we will see a big change .I guess everyone in the world will be using bitcoin in 2022.Also bitcoin is growing at a very fast rate.Moreover it is also safe and secure in terms of earning money n saving it.
We need to realize that even at its peak adoption stage, Bitcoin is unlikely to be used by a majority of the people in the world. Look at Visa/Master. How many people are using them? I guess less than a billion. That represents less than one-seventh of the world's population.
Your point is correct, we have to understand that in the total population of the world there are less than half of it which are not potential with this system.We have to fully understand that there are countries who poverty problem is huge and people in that country are not focus on the new technology, they are more focus in making a living with a less paying job, and that could maybe because of the corrupt politicians.
We need to realize that even at its peak adoption stage, Bitcoin is unlikely to be used by a majority of the people in the world. Look at Visa/Master. How many people are using them? I guess less than a billion. That represents less than one-seventh of the world's population.
Your point is correct, we have to understand that in the total population of the world there are less than half of it which are not potential with this system.We have to fully understand that there are countries who poverty problem is huge and people in that country are not focus on the new technology, they are more focus in making a living with a less paying job, and that could maybe because of the corrupt politicians.
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 don't believe on what you have said. Governments cannot just let the fiat system get rid easily. If that happens, it will cause a big uproar. Implementing new systems will be difficult. So I think there will be two systems at the same time: the system for currency and the system for digital currency. Bitcoin depends on the demands. So it depends if almost everyone know bitcoin.
We can notice how the transition of bitcoin's price within a short period of time. It's like almost every month there are changes that is happening to bitcoin. So we won't be surprised if this happen. But, as we all know this has to undergo a lot of process a detail by detail process to ensure if it is convinient for everyone regardless of individuals socio-economic status.
I think so, as we are expecting another economy downturn. When people realise there is bitcoin that won't be affected by economic downturn then bitcoin adoption will go skyrocket as well as its price.
Well no, because for sure many people in the world will not know that bitcoin really exist, if you ask some people today they will just say that they are not know bitcoins yet., maybe 60% of the people will use but not all.
Maybe yes, Maybe no.. No one really knows! Its all up to the people if they want to use bitcoin since there are a lot of them that doesn't know about bitcoin or they heard about it but only the name and the value. What we need to do first is educate people what is bitcoin before letting them use it.
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