[Prediction]Will bitcoin become global currency in next 20 years?

[tytanhamon04]

I think not ! People are used to traditional currencies and until the generation of people is replaced bitcoin will not become a global currency but will pay on a level m it will be quite real even before !

[izanagi narukami]

For now, it's impossible to happen because currency and investment are completely different tool.
You're just asking whenever gold able to be the global currency in the future ?
Yes, gold is difficult to divide but crypto are similiar like fiat so who knows it will happen the future but I guarantee not for next 1 or 5 years ahead !

[Dexion]

I'm interested in point number 2, and in my opinion, 20 years is a very long time and it's enough to make Bitcoin as a global currency.

in every country, many people adopt bitcoin, including in some countries that ban bitcoin.

[disappear4ever]

We are experiencing a going-down market from the beginning of this year, many speculators left the market & some new visitors coming in, it is not a bad thing -  at least the market sort out those true believers who are the HODLers, but what they believe is a great thing or it is just a last virtual banquet? so here are some questions for us to discuss, if the answers are positive, hope it can bring us more confidence and patience to keep us stick to bitcoin for a very long time, here we go:

(1) Bitcoin just a icon or trading tool which is not going to be used by global consumers for payment purpose as a mass adoption?
(2) Will bitcoin become global currency in next 20 years?
(3) How bitcoin can change our society and daily life fundalmentally?
(4) Which industries will be the breakthrough points for mass adoptions of bitcoin (blockchain)?
(5) How long it will take to see the bitcoin price skyrocket to $1M

Any more questions or insights are welcome to follow, I will start as the first answer.

I think that the task of Bitcoin was to show an alternative to the current financial system.

When a global currency is introduced, it will not be distributed to individuals.

"I'm sure that in 20 years there will either be very large transaction volume or no volume."                  
                                                                                                                                       Satoshi Nakamoto

Thanks for quote from Satoshi, that is really inspiring. But let's assume one scenario that when bitcoin is getting stable (maybe in 10-20 years) & transaction is fast & cheap, like the gold in old times, no need to convert into all kinds of fiat around the world, why not consumers use it for daily life?

[akungagal]

   -snip-
(5) How long it will take to see the bitcoin price skyrocket to $1M

i or maybe some other experts can't guess when it's time,
but i'm sure if more people want bitcoin, the bitcoin price will reach $ 1M faster.

i really hope that happens in the next few months. 

[ardentvolcanoes]

I'm interested in point number 2, and in my opinion, 20 years is a very long time and it's enough to make Bitcoin as a global currency.

in every country, many people adopt bitcoin, including in some countries that ban bitcoin.

They are taking their moves step by step and for sure it will always bring impact to this industry, from each countries start to realize the benefits of adopting this system demands will follow, 20 years might be enough to say that bitcoin will reach most of the countries around the world, and will have a large usage from each  countries that will start  catering the payment process with blockchain system.

[maxamus]

   -snip-
(5) How long it will take to see the bitcoin price skyrocket to $1M

i or maybe some other experts can't guess when it's time,
but i'm sure if more people want bitcoin, the bitcoin price will reach $ 1M faster.

i really hope that happens in the next few months. 

we can predict but it cannot be sure that bitcoin can be replaced as global currency. More no of countries started accepting and using digital currencies but there are few countries in which Bitcoin /digital currency is still banned, for digital currency there is no authoritative control so this bitcoin may or may not become global currency.

[btccointalk]

20 years is a very long time and it is difficult to predict. But, It will be really great if bitcoin become the global currency.

[disappear4ever]

Will bitcoin become global currency in next 20 years?
Yes I think it is possible Bitcoin will be like dollars and euros and it means Bitcoin will be legal money as euro and dollar and people will use it in every country and future bank system will work with bitcoin and other currencies.

It will be a satisfying result we would like to see, looking forward to it.

[xbossJ]

In the next 20 years a cryptocurrency would become a global currency but we do not know if it would be $Bitcoin, I can not rule out that fact that $Bitcoin is unpredicatable when it comes to becoming a global currency! It has already shown that its a major player (Number 1) in the blockchain tech drive. As pioneer it has over the years weathered the worst of storms, But to become a global currency many adjustments have to be made on the code! But if after mining of all remaining 3+ million coins can happen before then and it switches to full POS then we shouldn't have anything to worry about! Because transaction speeds would have increased immensely and usage too, then we can hold  it in higher esteem as global currency!