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Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 87. (Read 169509 times)

hero member
Activity: 854
Merit: 500
i think the banks will just make it easier to trade and pass currency
I can not agree more. Actually, in some EU countries, banks have decided to add Bitcoin as a property to sell and buy. Therefore, in developed countries, it is not very hard to trade Bitcoin. In 2022, I believe banks will try to centralize Bitcoin. However, they can never do this job since Bitcoin is anonymous. Bitcoin will continue to develop and the number of Bitcoin users keep increasing thanks to banks
legendary
Activity: 1008
Merit: 1060
Yes theres a big possiblity that some or maybe should we say ,almost everyone will  use bitcoin on that time.because of some changes in the market. Cryptocurrency will rule on that year.

Well i think theres a difference between btc being the main currency in 5years and btc being used by most people that time. I think its the latter, meaning that by 2022, most people would've already been aware and in a way have used btc. I'm sure fiat would still be the top currency then but most people would likely have btc wallets already and have transacted one way or another using bitcoin

The user base of bitcoins will surely get increased by that point of time but its hard to predict that each and every one will start using bitcoins by 2022 as bitcoin is still new to many people and have not reached to each and every corner of the world and it will most probably take long time for that to happen.
What's meant here is that by 2022, most people have been exposed or have had contact with bitcoin or cryptocurrencies in general. Which is highly possible at the current rate of bitcoin usage. It doesn't mean that if most people have used btc, that they'll be using or depending on it exclusively
The number of people using the Internet is increasing, this can be a decisive factor for Bitcoin. But even so, it will be difficult to reach so many people in just five years, because there are many people who need to be educated about the different aspects that circulate this technology, such as decentralization, peer-to-peer technologies, blockchain technologies among others things.

Maybe not just in a matter of five years, but much more, the people would start to adapting to use bitcoin since everyone would be using it. That's how we are. What the society does, eventually we do too. It's not that hard to learn all these stuffs though since we learned it all by ourselves. We didn't even spend a whole night to understand the basic things about bitcoin. Maybe the whole concept of bitcoin, and the foundation of mining, trading, gambling, etc. and other stuffs about bitcoin, that would take a little while. But when it comes to just "using" bitcoins, it wouldn't take more than a day.
sr. member
Activity: 714
Merit: 250
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.

Yes, I also think BTC will be known to most urban residing people, but not all in the world. Many government is and will be opposing to this currency.
And about using it, not almost everyone, but many will be using it, who are aware of it.
It seems possible for bitcoin to be used by almost everyone in 5 more years because I am sure that the infrastructure is getting better and better. USA,JAPAN and even RUSSIA were already knew about bitcoin, I think other countries will follow them for regulate bitcoin as currency.
sr. member
Activity: 1232
Merit: 250
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.

Yes, I also think BTC will be known to most urban residing people, but not all in the world. Many government is and will be opposing to this currency.
And about using it, not almost everyone, but many will be using it, who are aware of it.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
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.
sr. member
Activity: 399
Merit: 250
Yes theres a big possiblity that some or maybe should we say ,almost everyone will  use bitcoin on that time.because of some changes in the market. Cryptocurrency will rule on that year.

Well i think theres a difference between btc being the main currency in 5years and btc being used by most people that time. I think its the latter, meaning that by 2022, most people would've already been aware and in a way have used btc. I'm sure fiat would still be the top currency then but most people would likely have btc wallets already and have transacted one way or another using bitcoin

The user base of bitcoins will surely get increased by that point of time but its hard to predict that each and every one will start using bitcoins by 2022 as bitcoin is still new to many people and have not reached to each and every corner of the world and it will most probably take long time for that to happen.
What's meant here is that by 2022, most people have been exposed or have had contact with bitcoin or cryptocurrencies in general. Which is highly possible at the current rate of bitcoin usage. It doesn't mean that if most people have used btc, that they'll be using or depending on it exclusively
The number of people using the Internet is increasing, this can be a decisive factor for Bitcoin. But even so, it will be difficult to reach so many people in just five years, because there are many people who need to be educated about the different aspects that circulate this technology, such as decentralization, peer-to-peer technologies, blockchain technologies among others things.
hero member
Activity: 1246
Merit: 529
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Yes theres a big possiblity that some or maybe should we say ,almost everyone will  use bitcoin on that time.because of some changes in the market. Cryptocurrency will rule on that year.

Well i think theres a difference between btc being the main currency in 5years and btc being used by most people that time. I think its the latter, meaning that by 2022, most people would've already been aware and in a way have used btc. I'm sure fiat would still be the top currency then but most people would likely have btc wallets already and have transacted one way or another using bitcoin

The user base of bitcoins will surely get increased by that point of time but its hard to predict that each and every one will start using bitcoins by 2022 as bitcoin is still new to many people and have not reached to each and every corner of the world and it will most probably take long time for that to happen.
What's meant here is that by 2022, most people have been exposed or have had contact with bitcoin or cryptocurrencies in general. Which is highly possible at the current rate of bitcoin usage. It doesn't mean that if most people have used btc, that they'll be using or depending on it exclusively
sr. member
Activity: 266
Merit: 250
Yes theres a big possiblity that some or maybe should we say ,almost everyone will  use bitcoin on that time.because of some changes in the market. Cryptocurrency will rule on that year.

Well i think theres a difference between btc being the main currency in 5years and btc being used by most people that time. I think its the latter, meaning that by 2022, most people would've already been aware and in a way have used btc. I'm sure fiat would still be the top currency then but most people would likely have btc wallets already and have transacted one way or another using bitcoin

The user base of bitcoins will surely get increased by that point of time but its hard to predict that each and every one will start using bitcoins by 2022 as bitcoin is still new to many people and have not reached to each and every corner of the world and it will most probably take long time for that to happen.
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
Yes theres a big possiblity that some or maybe should we say ,almost everyone will  use bitcoin on that time.because of some changes in the market. Cryptocurrency will rule on that year.

Well i think theres a difference between btc being the main currency in 5years and btc being used by most people that time. I think its the latter, meaning that by 2022, most people would've already been aware and in a way have used btc. I'm sure fiat would still be the top currency then but most people would likely have btc wallets already and have transacted one way or another using bitcoin
hero member
Activity: 924
Merit: 500
First, bitcoin must be legal, and all people and citizen must know how to use bitcoins. A lot of transactions can be made here, a lot of activities. You can transact a lot of variation. We all must promote bitcoin, to be use in 2022, and make bitcoins more and more well known.
How if bitcoin not be legal and it will be banned to those who uses the bitcoin the most we know that technology nowadays are being good and they creating more powerdul gadgets ehere people use to easy way too maybe yes lets see there are more years to come we do not know what really happens.
hero member
Activity: 1008
Merit: 500
Yes theres a big possiblity that some or maybe should we say ,almost everyone will  use bitcoin on that time.because of some changes in the market. Cryptocurrency will rule on that year.
hero member
Activity: 1008
Merit: 501
First, bitcoin must be legal, and all people and citizen must know how to use bitcoins. A lot of transactions can be made here, a lot of activities. You can transact a lot of variation. We all must promote bitcoin, to be use in 2022, and make bitcoins more and more well known.
yeah actually the key to mass adoption of bitcoin is legalization of bitcoin itself. because when bitcoin legalization of course everyone will believe and no longer afraid of bitcoin, it was just my idea
hero member
Activity: 1092
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 bitcoin will destroy fiat, because fiat had been used for so many years by the community all around the world. And bitcoin was not created to destroy anything that involve in the, and to compete other businesses in the technology to help them to innovate.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
Unlikely, bitcoin is a great technology and currency but bitcoin has limitations like the speed of confirmations, so until that is resolved bitcoin will not reach most people, it will grow in adoption but it is not going to be used by everyone.

I don't see any correlation on the confirmation time and the number of bitcoin users. Was I persuaded by someone that I should do bitcoins because the confirmation time is almost an instant? No. A big no. They don't complement each other. Up to now, I don't even mind waiting for 10 minutes to receive or send my bitcoins.

I think hyping up bitcoins would be the best way to grow in population. Just look at Pokemon Go, people posted about it every single day when it was about to get released and after it got released. It has a lot players right when they released it. If people would just do the same thing. If people would make bitcoins the trend, then mass adoption will be achieve shorter than expected.
Confirmation speed is one of the biggest hurdles for bitcoin to overcome, maybe you are fine waiting for ten minutes but most people will not be fine with that, can you imagine buying groceries with bitcoin and to have to wait ten minutes to get a confirmation? No, me neither, if bitcoin is going to reach that level of adoption confirmation will need to be a matter of seconds not minutes.

Well, we actually can't buy groceries using our bitcoins so we don't actually have to worry about that. If people are starting to accept bitcoins to grocery stores, at that point somebody has already figured out a way to make the transaction time much faster. I'd say that using altcoins instead of bitcoins is one solution but to some people converting their altcoins to bitcoin would be cumbersome.
You are correct, we are not there yet but if we want to be at that point any time in the future then something needs to be done to allows to reach that point, because as things stand today bitcoin cannot perform that function.
hero member
Activity: 994
Merit: 544
First, bitcoin must be legal, and all people and citizen must know how to use bitcoins. A lot of transactions can be made here, a lot of activities. You can transact a lot of variation. We all must promote bitcoin, to be use in 2022, and make bitcoins more and more well known.

Actually making bitcoin legal, would also mean regulation and that means it is like saying that bitcoin will soon become a government property... That would really make bitcoin into mainstream, but the possibility that holding bitcoin would mean tax, and under control, then I guess that would just make people leave bitcoin since what you will earn in bitcoin is not fully yours anymore, government will start to have its share thru taxes.

I really do think that what's happening now is just the right thing to happen, slow and steady, quantity of user doesn't matter if all of it would just enter and after a while leave bitcoin...

Government regulating the use of bitcoin including monitoring the transactions is a sign that the government has legalized bitcoin. Secrecy will no longer take effect and will replace by transparency but it is a good news to me since this will keep away hackers and scammer that is destroying the reputation of bitcoin. If bitcoin will be taxed then it is still a good news since taxes will transform into welfare services that are beneficial to the citizens in a country.
hero member
Activity: 742
Merit: 500
The revolutionary trading ecosystem
Bitcoin is not going to be used by almost everyone, I've said that Bitcoin is designed for a target markets once its serve that purpose right I'm pleased. There are still some advantages that fiat holds over BTC but people don't want to talk about this. I can see BTC penetrating some new markets and attracting more users before 2022 provided the scaling issue is resolved well and transaction fee becomes minimal for people living in developing countries
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
First, bitcoin must be legal, and all people and citizen must know how to use bitcoins. A lot of transactions can be made here, a lot of activities. You can transact a lot of variation. We all must promote bitcoin, to be use in 2022, and make bitcoins more and more well known.

Actually making bitcoin legal, would also mean regulation and that means it is like saying that bitcoin will soon become a government property... That would really make bitcoin into mainstream, but the possibility that holding bitcoin would mean tax, and under control, then I guess that would just make people leave bitcoin since what you will earn in bitcoin is not fully yours anymore, government will start to have its share thru taxes.

I really do think that what's happening now is just the right thing to happen, slow and steady, quantity of user doesn't matter if all of it would just enter and after a while leave bitcoin...

We just all think first what will happen if bitcoin became legal in 2022. We all just thinking straight forward, what if we think first what will happen, and what are the possibilities, positive and negative effects of bitcoin in 2022. What should local government will do before any activities or transaction will be made in bitcoin?
Bitcoin have already been legal in some countries so I think this is not an important issue. What we need to care about is the adoption. Bitcoin is used in many countries but it have not been recognized yet. Many people still underestimate Bitcoin. Therefore, Bitcoin is not very important to our daily life and there are only few stores accept Bitcoin. in 2022, I only expect that the prices will increase up to $10000 so I can get some profit with it
sr. member
Activity: 434
Merit: 250
Free Crypto in Stake.com Telegram t.me/StakeCasino
First, bitcoin must be legal, and all people and citizen must know how to use bitcoins. A lot of transactions can be made here, a lot of activities. You can transact a lot of variation. We all must promote bitcoin, to be use in 2022, and make bitcoins more and more well known.

Actually making bitcoin legal, would also mean regulation and that means it is like saying that bitcoin will soon become a government property... That would really make bitcoin into mainstream, but the possibility that holding bitcoin would mean tax, and under control, then I guess that would just make people leave bitcoin since what you will earn in bitcoin is not fully yours anymore, government will start to have its share thru taxes.

I really do think that what's happening now is just the right thing to happen, slow and steady, quantity of user doesn't matter if all of it would just enter and after a while leave bitcoin...

We just all think first what will happen if bitcoin became legal in 2022. We all just thinking straight forward, what if we think first what will happen, and what are the possibilities, positive and negative effects of bitcoin in 2022. What should local government will do before any activities or transaction will be made in bitcoin?
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
First, bitcoin must be legal, and all people and citizen must know how to use bitcoins. A lot of transactions can be made here, a lot of activities. You can transact a lot of variation. We all must promote bitcoin, to be use in 2022, and make bitcoins more and more well known.

Actually making bitcoin legal, would also mean regulation and that means it is like saying that bitcoin will soon become a government property... That would really make bitcoin into mainstream, but the possibility that holding bitcoin would mean tax, and under control, then I guess that would just make people leave bitcoin since what you will earn in bitcoin is not fully yours anymore, government will start to have its share thru taxes.

I really do think that what's happening now is just the right thing to happen, slow and steady, quantity of user doesn't matter if all of it would just enter and after a while leave bitcoin...
sr. member
Activity: 490
Merit: 250
First, bitcoin must be legal, and all people and citizen must know how to use bitcoins. A lot of transactions can be made here, a lot of activities. You can transact a lot of variation. We all must promote bitcoin, to be use in 2022, and make bitcoins more and more well known.
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