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Author Topic: When do you think BTC be accepted everywhere?  (Read 810 times)
donbu7 (OP)
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November 20, 2013, 06:15:51 PM
 #1

I mean I am from Mexico and down here no one knows about it and also is not accepted no where, when do you think is going to be accepted and known everywhere?

And when that happen when everybody knows about it and is accepted everywhere do you think the BTC is going to cost more than what it cost today?
Jochen
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November 20, 2013, 07:50:21 PM
 #2

You can't really tell man. Can be 5 years, 10 years.. People can speculate but can't be sure.
A good reason to invest a bit in btc, if nobody u know knows it Cheesy, before it's to late.
DeathAndTaxes
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November 20, 2013, 07:52:16 PM
 #3

Everywhere as in every single person, merchant, service provider in every country in the world? That is simple: never.

Bitcoin is a voluntary system.  It will never have universal acceptance but then again neither do any national currencies.  Try spending Mexican pesos in Virginia for example.
dominicwin
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November 20, 2013, 08:29:08 PM
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I think it would be great to see it accepted at some large global chain like Starbucks. But if something like that happens, I think we are still a bit of a ways from that happening.

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cdtc
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November 20, 2013, 09:28:07 PM
 #5

I think its never going to be accepted everywhere, but it should be accepted all over the internet.

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koshgel
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November 20, 2013, 09:31:37 PM
 #6

It will be a long time before it is widely accepted to that extent if ever. It's still so early
bitbitz
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November 21, 2013, 12:04:22 AM
 #7

Maybe in 5 to 10 years!
Stake
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November 21, 2013, 12:06:37 AM
 #8

When it's de-virtualized.

It's virtualization is what makes it difficult for many people to understand and if you don't understand what it is you don't accept it obviously.
lindatess
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November 21, 2013, 12:19:01 AM
 #9

Never because of the limitations in the blockchain, block size and more.

Just do some research on the maximum number of transactions per day allowable on bitcoin.

torry28
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November 21, 2013, 12:21:51 AM
 #10

Never because of the limitations in the blockchain, block size and more.

Just do some research on the maximum number of transactions per day allowable on bitcoin.

The work on Bitcoin still continues (thanks to all devs), there will be sollution when this will be really a problem  Wink
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November 21, 2013, 04:10:09 AM
 #11

That is certainly going to take quite some time.

Jochen
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November 21, 2013, 04:51:19 PM
 #12

When it's de-virtualized.

It's virtualization is what makes it difficult for many people to understand and if you don't understand what it is you don't accept it obviously.

Indeed.. Just like computers,internet,... people didn't believed and understand it in the earlier days and look now..
We are getting more digital in many ways so it wont take that long i guess.
Patience Cheesy
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