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Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 80. (Read 169509 times)

full member
Activity: 189
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.
2022 is not far from now, it is only 5 years and can't happen miracles. Because many people don't  know what is bitcoin. Many people don't  need to use it. Many people don't  have care about bitcoin. I believe that the number of bitcoin users will be increased but not being used by everyone.


hero member
Activity: 798
Merit: 500
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  think if bitcoin can destroy the fiat system because the government and the bank will not allow it to happen. Yes, bitcoin will be used by everyone in 2022 because the more people in the world, there's  a greater chance that bitcoin recognize by everyone that wants to have extra income. And if one day it happens, as what you've said, all things will really change.
You are right that the governments are supporting their fat so they will not leave fiat to be destroyed and bitcoin is also not a threat to fiat but it will only bring some convenience in the financial system. People will transact their money to any part of the world without any hurdle.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
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.
Thats not true thay bitcoin can destroy the fiat we all know that since the bitcoin began theres an fiat currency where we can sell or exchange our coins into physical money that we need to expense everyday to live we need foods and other things in life
Bitcoin will have some considerations before it can destroy fiat for which I think can never happen. We only have limited number of bitcoins I don't think it can supply all the demands. I love bitcoin but I don't want to fiat to not to exist. We both them need, we can use bitcoin as a way of investment but not to replace fiat.

Bitcoin could never destroy fiat, banks just have too much of a power to let that happen. Well yes, the number is limited but if in the future, let's assume taht the bitcoin is worth 1mil, then you have 100 satoshis worth of 1$, therefore with 21mil of bitcoin, a lot can be done tbh.
sr. member
Activity: 812
Merit: 260
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.
Thats not true thay bitcoin can destroy the fiat we all know that since the bitcoin began theres an fiat currency where we can sell or exchange our coins into physical money that we need to expense everyday to live we need foods and other things in life
Bitcoin will have some considerations before it can destroy fiat for which I think can never happen. We only have limited number of bitcoins I don't think it can supply all the demands. I love bitcoin but I don't want to fiat to not to exist. We both them need, we can use bitcoin as a way of investment but not to replace fiat.
hero member
Activity: 518
Merit: 500
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.
Thats not true thay bitcoin can destroy the fiat we all know that since the bitcoin began theres an fiat currency where we can sell or exchange our coins into physical money that we need to expense everyday to live we need foods and other things in life
Yes agree with you, we need foods and other things in life must be bought with fiat currency
and right now bitcoin is suitable be considered as gold than currency for payment method,
bitcoin still will not be used almost every one in 2022 because with high fees transaction
bitcoin will not be used for payment method especially small amount of transaction.
hero member
Activity: 2590
Merit: 644
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.
Thats not true thay bitcoin can destroy the fiat we all know that since the bitcoin began theres an fiat currency where we can sell or exchange our coins into physical money that we need to expense everyday to live we need foods and other things in life
Beating fiat by the bitcoin is impossible. How can bitcoin defeat the fiat if it doesn't have a lot of users or at least 50% of the population use bitcoin? If ever that happen then it will be an additional point for bitcoin to have at least 0.1% of beating fiat because fiat is so powerful and nothing can defeat it. Bitcoin is just another currency and also type of investment.
legendary
Activity: 1036
Merit: 1002
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.
Thats not true thay bitcoin can destroy the fiat we all know that since the bitcoin began theres an fiat currency where we can sell or exchange our coins into physical money that we need to expense everyday to live we need foods and other things in life
hero member
Activity: 518
Merit: 500
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  think if bitcoin can destroy the fiat system because the government and the bank will not allow it to happen. Yes, bitcoin will be used by everyone in 2022 because the more people in the world, there's  a greater chance that bitcoin recognize by everyone that wants to have extra income. And if one day it happens, as what you've said, all things will really change.
legendary
Activity: 1652
Merit: 1057
Nope. As a realist, it will not be used by most people in terms of trades, purchasing, selling or whatnot. It will still be used, yes, however mainly for investment purposes and NOT as a currency as it was originally intended to be. But it's good that some people right now are actually using bitcoin for online purposes, and some large businesses and companies are also integrating bitcoin in their servics via Bitpay.

Well, realistically i agree with you there dude. It's actually not bad if bitcoin isn't used by everyone as it will still be relevant to the people using it by that time. It can make life easier for online transactions for us users and i think in 5 years, the number of users will considerably increase because of it's features
No doubt that the more people using the bitcoin the more there will be transaction and that means slower transactions, but if you look at the positive side the more people using bitcoin the more it becomes harder to get and the higher the price it gets and that is good for us since we are the early users.

Still, I believe the more value of bitcoin will not stop people "using" bitcoins. Because the value is the only concern for investors and not for adopters.
hero member
Activity: 924
Merit: 500
Maybe yes i just had good dreams late night where bitcoin is on our technology now and it in our economy now where all people using bitcoin for there business and other needs for their daily living this is good dreams hope that in 2022 it will happen for sure there will be atm bitcoin for people who can use physical card .
hero member
Activity: 770
Merit: 500
i do not think so. to me as still hardly 0.5 percent people may be using bitcoin, so it is not such an easy job that in next few year all the people of the world can use bicoin, i think it will take decades so that all people of the world start using bitcoins.

Well, all the views opinion by the community here have their own good point of side in the year 2022. This is just an speculation about the future of bitcoin. Now regarding about the the topic, it maybe or maybe not that by the year 2022 Bitcoin users can increase or decrease the users, but I doubt it. Because like I always said we had a daily increase of number of bitcoin users all around the world.

In 2022, the user number will increase at least by 10 times.
well that's a really interesting estimation, I would be curious to find out how did you get this number, of course there will be way more people in it, though I wouldn't be so sure about the right number...
newbie
Activity: 28
Merit: 0
i do not think so. to me as still hardly 0.5 percent people may be using bitcoin, so it is not such an easy job that in next few year all the people of the world can use bicoin, i think it will take decades so that all people of the world start using bitcoins.

Well, all the views opinion by the community here have their own good point of side in the year 2022. This is just an speculation about the future of bitcoin. Now regarding about the the topic, it maybe or maybe not that by the year 2022 Bitcoin users can increase or decrease the users, but I doubt it. Because like I always said we had a daily increase of number of bitcoin users all around the world.

In 2022, the user number will increase at least by 10 times.
hero member
Activity: 1092
Merit: 500
i do not think so. to me as still hardly 0.5 percent people may be using bitcoin, so it is not such an easy job that in next few year all the people of the world can use bicoin, i think it will take decades so that all people of the world start using bitcoins.

Well, all the views opinion by the community here have their own good point of side in the year 2022. This is just an speculation about the future of bitcoin. Now regarding about the the topic, it maybe or maybe not that by the year 2022 Bitcoin users can increase or decrease the users, but I doubt it. Because like I always said we had a daily increase of number of bitcoin users all around the world.
hero member
Activity: 1246
Merit: 529
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Nope. As a realist, it will not be used by most people in terms of trades, purchasing, selling or whatnot. It will still be used, yes, however mainly for investment purposes and NOT as a currency as it was originally intended to be. But it's good that some people right now are actually using bitcoin for online purposes, and some large businesses and companies are also integrating bitcoin in their servics via Bitpay.

Well, realistically i agree with you there dude. It's actually not bad if bitcoin isn't used by everyone as it will still be relevant to the people using it by that time. It can make life easier for online transactions for us users and i think in 5 years, the number of users will considerably increase because of it's features
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.

I'm thinking about that scenario also that maybe 1% of gold investors will switch to bitcoin easily. But even they will migrate to bitcoin, it doesn't mean that everyone will use bitcoin. They will be just a simple additional users of bitcoin and they are not enough to be called as everyone because many will still doubt with it.

Right now very small portion of entire population is aware about bitcoins and it won't change drastically in next 5 years there will be many new users who will start using bitcoins by then but its impossible to believe that everyone would start using it in such a short span of time.

Yes 5 years is not enough to make the noise of bitcoin to be heard worldwide. And it should really take time and upon looking on its releasing day. We are still few on this world who are using bitcoin since 2009. Maybe comparing that way is enough already to say that bitcoin is not going to be used by almost everyone on that year maybe 2052?

Even if bitcoin reaches everywhere in coming years there will be certain percentage of people who will prefer to stay away from bitcoins and continue to use fiat currency or credit/debit cards for making purchases so we cannot expect that everyone will start using bitcoins in near future.

We can't deny and force those people that aren't going to have any interest on using bitcoin. And that's for sure that there are type of people that aren't optimistic with this such creation and decentralization. But still most of the people that wants decency and freedom will going to choose bitcoin but I can't say if almost everyone will do it on 2022.  Grin
legendary
Activity: 2044
Merit: 1115
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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.
Well we don't really know if bitcoin can really destroy the Fiat system,
But if it does then everyone would surely use it because it is the only money that can be used .
You all are thinking too far now if you see till now I think only 3-6% of the world population are actually aware of bitcoins and maybe 1-2% have invested in it. There is a very less probability that everyone in the world is ever going to be aware of bitcoin. And using it as a day to day currency can be a disaster as the price would be stable so it is gonna badly affecr us all. I think the best thing is to let it remain like an investment platform.

I think you're estimating way high. 1-2% invested in bitcoin would by 70-140 million people (based on a world population of 7 billion people). If there were actually that many people who were invested in bitcoin, there wouldn't be nearly enough bitcoins to be going around, and the price would therefore be far, far higher than it is currently (sitting around $1000). I also view numbers that high to be pretty unrealistic. Bitcoin is serving quite a niche function currently, and I don't see nearly that many people every finding a use for it.
legendary
Activity: 3542
Merit: 1352
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Nope. As a realist, it will not be used by most people in terms of trades, purchasing, selling or whatnot. It will still be used, yes, however mainly for investment purposes and NOT as a currency as it was originally intended to be. But it's good that some people right now are actually using bitcoin for online purposes, and some large businesses and companies are also integrating bitcoin in their servics via Bitpay.
hero member
Activity: 1008
Merit: 501
Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.

I'm thinking about that scenario also that maybe 1% of gold investors will switch to bitcoin easily. But even they will migrate to bitcoin, it doesn't mean that everyone will use bitcoin. They will be just a simple additional users of bitcoin and they are not enough to be called as everyone because many will still doubt with it.

Right now very small portion of entire population is aware about bitcoins and it won't change drastically in next 5 years there will be many new users who will start using bitcoins by then but its impossible to believe that everyone would start using it in such a short span of time.
especially the development of bitcoin can be quite slow. certainly within five years. bitcoin situation will not change much especially in the number of users. certainly will not cover all people in the world
hero member
Activity: 1498
Merit: 537
Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.

I'm thinking about that scenario also that maybe 1% of gold investors will switch to bitcoin easily. But even they will migrate to bitcoin, it doesn't mean that everyone will use bitcoin. They will be just a simple additional users of bitcoin and they are not enough to be called as everyone because many will still doubt with it.

Right now very small portion of entire population is aware about bitcoins and it won't change drastically in next 5 years there will be many new users who will start using bitcoins by then but its impossible to believe that everyone would start using it in such a short span of time.

Yes 5 years is not enough to make the noise of bitcoin to be heard worldwide. And it should really take time and upon looking on its releasing day. We are still few on this world who are using bitcoin since 2009. Maybe comparing that way is enough already to say that bitcoin is not going to be used by almost everyone on that year maybe 2052?

Even if bitcoin reaches everywhere in coming years there will be certain percentage of people who will prefer to stay away from bitcoins and continue to use fiat currency or credit/debit cards for making purchases so we cannot expect that everyone will start using bitcoins in near future.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.

I'm thinking about that scenario also that maybe 1% of gold investors will switch to bitcoin easily. But even they will migrate to bitcoin, it doesn't mean that everyone will use bitcoin. They will be just a simple additional users of bitcoin and they are not enough to be called as everyone because many will still doubt with it.

Right now very small portion of entire population is aware about bitcoins and it won't change drastically in next 5 years there will be many new users who will start using bitcoins by then but its impossible to believe that everyone would start using it in such a short span of time.

Yes 5 years is not enough to make the noise of bitcoin to be heard worldwide. And it should really take time and upon looking on its releasing day. We are still few on this world who are using bitcoin since 2009. Maybe comparing that way is enough already to say that bitcoin is not going to be used by almost everyone on that year maybe 2052?
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