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Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 83. (Read 169509 times)

legendary
Activity: 1862
Merit: 1019
2022 is roughly 5 years from now. I don't think it's possible at all in 2022. How many people use Bitcoin now? I heard around 4 million. World population is almost 8 billion. Even if Bitcoin userbase expand to 10 million that would be great, let alone "everyone" use it. There's still too much work to do. Eventually people realize what this technology offer to them, but 2022 is wrong target for everyone.
full member
Activity: 154
Merit: 100
Many people assume and expectations about this, I think it was a hard thing because bitcoin is still not widely used by people, I notice the bitcoin still limited number of countries have not yet even know bitcoin.
hero member
Activity: 560
Merit: 502
It is hard to predict distant future of bitcoin. We have no idea what will happen to bitcoin in next month. 5 years will be like eons.
Simple change of laws, harsh regulations of bitcoin by China or Russia would put everything we worked for in danger.
I think that by 2022 bitcoin will be for sure known by everybody. Used by everybody? Probably not.
hero member
Activity: 1008
Merit: 500
Bitcoin is just making its way to be accepted by others, this is what bitcoin should do right now find a way  to please others to accept bitcoin. If this happens every year i think 50% of users of bitcoin will be added in the year 2022.
hero member
Activity: 504
Merit: 500
I do not believe, at this time who know and use the bitcoin is not more than 1%. currently not all people have access to the internet, so do not equate more and hope that it will use bitcoin 2022.
Indeed. It will be a long process if Bitcoin want to be used by almost everyone. 8 years from now is not enough for people to understand clearly how Bitcoin work and what advantages they can have by using Bitcoin. To speed up this process, everyone here need to support Bitcoin by using it, holding it, and consider it as a legal currency.

What you are telling is only in the hands of the government of the each country to process bitcoin fast because until government dont give clear statement of use of bitcoin as legal no real business man will take bitcoin as payment option. If the government gives clear certificate to use bitcoin as legal then it wont take more then  1 or 2 yrs to spread the bitcoin very fast among the users and you can see it getting famous very soon.
hero member
Activity: 518
Merit: 500
I do not believe, at this time who know and use the bitcoin is not more than 1%. currently not all people have access to the internet, so do not equate more and hope that it will use bitcoin 2022.
Indeed. It will be a long process if Bitcoin want to be used by almost everyone. 8 years from now is not enough for people to understand clearly how Bitcoin work and what advantages they can have by using Bitcoin. To speed up this process, everyone here need to support Bitcoin by using it, holding it, and consider it as a legal currency.
full member
Activity: 224
Merit: 100
I do not believe, at this time who know and use the bitcoin is not more than 1%. currently not all people have access to the internet, so do not equate more and hope that it will use bitcoin 2022.
legendary
Activity: 1120
Merit: 1000
It will be false to use the word 'everyone'. I say this because for every innovation or new thing that comes up, not everyone will use it just because someone said it is good. Some people are just skeptical about new things and they would rather remain with the old way of doing things. They don't want to be disturbed by technology that they doubt. That is why we can say bitcoin will be popular but it will not be used by everyone.
in fact only 5 years left in 2022 so how can all the people of the world can start using bitcoin when still only 1% people are using bitcoin optionally from last 9 years. no doubt the bitcoin users are increasing from time to time but i thin may be only 5% people will be able to use bitcoin in 2022,
If we analyze the trend of the growth of Bitcoin's popularity, it was only in the last year figures are very increased, primarily due to economic problems in some countries, India, Venezuela, and we should not forget that the Bitcoin conquer Africa. A few years users will be much more, but not everyone will use it.
no doubt about this that the users of bitcoin are increasing continuously. and specially the progress is too much fast from last few years. as soon people are getting awareness of about bitcoin, they are accepting bitcoin, hope that this trend will continue for a long time and more and more people will be entering in the world of bitcoin. but still in 2020 it is not possible that all the people of the world will start using bitcoin. may me 5 to 6 percent people will be using bitcoin at that time.
hero member
Activity: 798
Merit: 500
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I ve been reading that Eleonar Musk project Free Internet For World can be ready about 2022. If it will happen than bitcoin has real chance to be used by almost everyone.Whatever some people are saying blockchain technolgy will disrupt the world

Is that the same as the google's mobile internet which wants to offer free internet to the world? it is solar powered, sad to say, they already take down the project now, probably it's either not possible or it would cost too much for them. I hope some day there will be such development again which would offer free internet. That would mean a lot not only for bitcoin but to all.
Pab
legendary
Activity: 1862
Merit: 1012
I ve been reading that Eleonar Musk project Free Internet For World can be ready about 2022. If it will happen than bitcoin has real chance to be used by almost everyone.Whatever some people are saying blockchain technolgy will disrupt the world
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
I think in 5 years Bitcoin will be known to almost everybody on this planet, but will they be using it that's a question. I think most of them will but can't say for everyone.

That's the reality they may know bitcoin but also another is that, they will know it for good reason or with bad? Because many are already have knowledge in bitcoin but their knowledge into is very bad, thinking that bitcoin is just something that is being used for bad things, illegal activities and other types of crimes which is very unfair but its the reality.

Knowing bitcoin to everyone for its beneficial purpose is important and i dont think everybody in the world be introduced to bitcoins even after 5 years. I can say that bitcoins will be used in majority of the nations if not all. Most under developed areas still not having Internet cannot use bitcoins without infrastructure of Internet and computers.

This is what I think too, many are still going to be lack of knowledge on what is bitcoin and 5 years is not going to be enough from now on to let the world know that bitcoin is existing. But still it depends on how the developers or us will use technology since there are social medias and other platforms we can use to advertise, it just really depends on how we are going to attract people or unless the government will force people to use it before 2022.
and specially in third world countries and backward area, where people even do have their basic facilities like electric city and education, the education ration in such countries are very low. they even do not have access to computer and internet. therefore i do not think that is such an easy task i think may be less that 10% of the total population may be using bitcoin as optional. while rest will still depend on their fiat currencies.
Bitcoin without any doubt has a very strong appeal and given the abysmal state of most fiat currencies, the awareness and adoption of Bitcoin is sure to soar, but getting to be adopted by the about 7 billion people that presently inhabit the earth by 2022 is like day dreaming. All the same, it ought not to be an issue whether everyone embraces Bitcoin or not, just a significant portion of the world's population is just okay for Bitcoin to be all it could possibly be.

Come to think of it, with the user base at present, we are beginning to experience crowded network and so much delays in confirmation of transactions, how worse can it get if drastic measures are not taken now? I think our primary concern now show be to have Bitcoin truly ready for mass adoption, because it is sure to happen someday given the goings-on in the finances of many countries across the globe.

Bitcoin needs a stable value before it has mass appeal. Nobody wants a currency that they ant have a reasonable expectation what the value will be day to day. Bitcoin routinely fluctuates 5% in a single day, and 20% movements are not uncommon. This is anathema to a currency. The usd, which devalues very slowly over long periods of time, is far superior for transactions that a currency whose value is a giant question mark every day.
You are right, stability in price is highly essential especially when it comes to buying goods and services, but I think it has got to attend mass adoption first before we can have stability in price. When the coins are spread in the hands of many more bitcoiners, the strength in number would really start to play out and the coin would become more liquid.

For speculators however, those fluctuations in price turns out to be good news, because that is the tonic that creates the profit making opportunities.

I think you have it backwards. Bitcoin needs a stable value before it will be mass adopted for use as a currency. When you have wild price movements, like it currently has, the only people attracted to it are speculators looking to make fast, easy money. People looking for it to transact businesses aren't interested because there's no confidence of what the value of btc is going to be on any given day. That's horrible for businesses and consumers to have a currency and not know if the value you have stored in it is going to be worth more or less the next day. The USD does not have this concern, which is why it's good for transactions. So a stable value is almost necessarily a prerequisite to mass adoption.
hero member
Activity: 1022
Merit: 500
It will be false to use the word 'everyone'. I say this because for every innovation or new thing that comes up, not everyone will use it just because someone said it is good. Some people are just skeptical about new things and they would rather remain with the old way of doing things. They don't want to be disturbed by technology that they doubt. That is why we can say bitcoin will be popular but it will not be used by everyone.

I know what you mean, and your are correct. I can give some illustration for that, there is a new song I heard, in the beginning it has no big impact to the community but after a months until it take years it become popular in every places and the communities became familiar with it but they don't know the lyrics only the tune they know. Same with Bitcoin It will become popular just like you said.
hero member
Activity: 812
Merit: 500
We are living with technology as our main source of communication even our loves one is far away. For now bitcoin has not been yet known world wide, in some areas and villages and with the help of technology bitcoin can spread itself even in remote areas.
hero member
Activity: 588
Merit: 500
It will be false to use the word 'everyone'. I say this because for every innovation or new thing that comes up, not everyone will use it just because someone said it is good. Some people are just skeptical about new things and they would rather remain with the old way of doing things. They don't want to be disturbed by technology that they doubt. That is why we can say bitcoin will be popular but it will not be used by everyone.

Of course it would be false if we use the word "everyone". There's no single thing that every single one of us does except for the things that we need for survival like breathing, eating, etc. Even fiat money, not everyone's using fiat money as there are people living in an untouched island. There are still primitive people. Actually, even if we don't consider those people, there would still be people that are going to be different.

Right now, there are people that don't want to embrace change. But being human means adapting to whatever environment we're living in because if we don't, we will die. Like if we didn't evolve from being a cave man to a modern man, we wouldn't survive this environment.

Point being, even if we wouldn't reach the mass adoption that we're seeking for in the next couple of decades, we are going to come to that point. Everything would be changed and currency/money is just a part of that.
member
Activity: 84
Merit: 10
The truth is out there
I think 2022 is too early, probably almost everyone will have heard of BTC by then, but use it no. It will take a generation i think, todays kids will use it and any other crypto in 30 years i believe,
sr. member
Activity: 434
Merit: 250
Everyday, I am starting to see more news about bitcoin, even in my local newspaper. That goes to show that more and more people are getting interested with bitcoin. But that doesn't mean that we are going to see an uptick in the adoption within the next few years. Some people take a while to warm up to the idea of online currencies and are still very much traditional with the way they choose to spend their money.

I think it will take people a very long time for trust cryptocurrency. Although it will take a long time, it will happen. Given enough time, it has to happen. How much time? Who knows. 1 year, 5 years, 10 years, who knows. I can't imagine mass adoption not happening though.
hero member
Activity: 3038
Merit: 634
As most users quoted rather than bitcoin most of the corporate people will be aware of the blockchain technology. This in turn easily get the attention of people as a currency. By 2022 most people knew about the existence of alternate banking solution and a currency to fulfill all day to day needs to high volume transactions.

No doubt that on that year many people are going to look for something new and an alternative solution for the burden that banks give to us.

And bitcoin can be recognized by that year but still people are going to have doubt with it. But the good thing bitcoin will be known and will be popular by that time.
hero member
Activity: 714
Merit: 500
Everyday, I am starting to see more news about bitcoin, even in my local newspaper. That goes to show that more and more people are getting interested with bitcoin. But that doesn't mean that we are going to see an uptick in the adoption within the next few years. Some people take a while to warm up to the idea of online currencies and are still very much traditional with the way they choose to spend their money.
legendary
Activity: 1330
Merit: 1007
It will be false to use the word 'everyone'. I say this because for every innovation or new thing that comes up, not everyone will use it just because someone said it is good. Some people are just skeptical about new things and they would rather remain with the old way of doing things. They don't want to be disturbed by technology that they doubt. That is why we can say bitcoin will be popular but it will not be used by everyone.
in fact only 5 years left in 2022 so how can all the people of the world can start using bitcoin when still only 1% people are using bitcoin optionally from last 9 years. no doubt the bitcoin users are increasing from time to time but i thin may be only 5% people will be able to use bitcoin in 2022,
If we analyze the trend of the growth of Bitcoin's popularity, it was only in the last year figures are very increased, primarily due to economic problems in some countries, India, Venezuela, and we should not forget that the Bitcoin conquer Africa. A few years users will be much more, but not everyone will use it.
hero member
Activity: 1148
Merit: 504
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 if what they said is true well I think that all of the people will use it,
I mean they don't have a choice since Fiat system is already gone
I think it would be quite impossible bitcoin could destroy the system of fiat, you should know that the fiat system is already there from hundreds of years ago, and is rooted in all levels of society. bitcoin might only be an option for the fiat only
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