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Author Topic: What will the world look like in 10 years if Bitcoin succeeds?  (Read 8785 times)
dothebeats
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October 22, 2015, 07:48:04 AM
 #61

So... what is your best case scenario for 2025?

my best scenarion is, bitcoin accpeted everywhere,every country and a big corporation. so i can bought food with bitcoin everywhere in my country.

Accepted and properly regulated, at least for my country. Here, they don't ask what bitcoin is, and what's great is that they don't consider it as a capital gain which is taxable, that's why if you have a great profit in bitcoin, you will keep all of it without paying any tax unlike other countries. Smiley
tom555
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October 22, 2015, 07:50:11 AM
 #62

1. Bitcoin on Mars.
"NASA is developing the capabilities needed to send humans to an asteroid by 2025 and Mars in the 2030s." One of the crew members takes a paper wallet with him (or her) to keep as an investment. Takes the idea of cold storage to a whole new level.

2. Bitcoin-Only Robots.
Autonomous Vehicles get charged up and repaired at Smart Shops (not that kind!) and pay with programmable money. Delivery drones. Smart vending machines. Natively speak Bitcoin.

thats nice dream.. but i dont see any advantage about bitcoin on mars.
RyanX
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October 23, 2015, 03:05:09 PM
Last edit: November 03, 2015, 04:52:49 PM by RyanX
 #63

So... what is your best case scenario for 2025?

my best scenarion is, bitcoin accpeted everywhere,every country and a big corporation. so i can bought food with bitcoin everywhere in my country.

the price will be around $100k when Bitcoin is accepted universally. That could happen in 10-20 years.

jt byte
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October 23, 2015, 03:13:02 PM
 #64

I would bring all my friends who never heard about bitcoin,
Or at least that will hear at 2025, and tell them that i had my first bitcoin hold for a long time.
Maybe the price will change a lot since there will be few halving periods.
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October 23, 2015, 03:18:13 PM
 #65

We've had a million predictions of doom, all the bad things that can happen if Bitcoin and Cryptocurrencies spread. We have also had an unending stream of "Bitcoin is dead" and "Bitcoin won't last another year" predictions.

What I would like is to try to imagine a best case scenario of how the world could change for the better if Bitcoin became as popular as e-mail or social networks and billions of people were using it.

So... what is your best case scenario for 2025?



More flaws in the bitcoin network will be found.
The price will reduce to $2 meaning I can buy many bitcoins for a lower value!
The bugs will be fixed and the bitcoin price will increase to $5000000, where I will sell them!
There will be a reward for finding problems in the network as this willbe required for an improved system!
leex1528
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October 23, 2015, 03:19:33 PM
 #66

It will probably look the same.  Might have more people involved probably wouldn't have forums like this with advertising and all that.  I think it will be interesting to see what happens in 10 years though.
Hellacopter
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October 23, 2015, 03:28:31 PM
 #67

We've had a million predictions of doom, all the bad things that can happen if Bitcoin and Cryptocurrencies spread. We have also had an unending stream of "Bitcoin is dead" and "Bitcoin won't last another year" predictions.

What I would like is to try to imagine a best case scenario of how the world could change for the better if Bitcoin became as popular as e-mail or social networks and billions of people were using it.

So... what is your best case scenario for 2025?



I think that after 10 years, if Bitcoin cryptocurrency success as we expect and wish, it will be easily the first used currency worldwide , its price will be stable and the banking systems will be "forced" to include payments through Bitcoin
Raimonn
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October 23, 2015, 03:35:51 PM
 #68

In ten years lot of things will change, technology grows very fast. If bitcoin succeeds we will have no banks, and could be a cashless society. A lot of new systems could be based on blockchain and the ones that now have bitcoins will be very happy (If they didn't sold it before). Prices of bitcoin on a 10 years succes could be high.
AtheistAKASaneBrain
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October 23, 2015, 05:31:16 PM
 #69

1. Bitcoin on Mars.
"NASA is developing the capabilities needed to send humans to an asteroid by 2025 and Mars in the 2030s." One of the crew members takes a paper wallet with him (or her) to keep as an investment. Takes the idea of cold storage to a whole new level.

2. Bitcoin-Only Robots.
Autonomous Vehicles get charged up and repaired at Smart Shops (not that kind!) and pay with programmable money. Delivery drones. Smart vending machines. Natively speak Bitcoin.

thats nice dream.. but i dont see any advantage about bitcoin on mars.

Well, considering that there are some one-way-only missions to mars where people live on mars for life.. if they start breeding and having kids with each other, there will be a point where they will need a currency. Well, if that point arrives where a lot of people live there, we already got that currency.
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October 27, 2015, 03:14:05 PM
 #70

Best scenario?
1. Bitcoin will be commonly used in almost every country
2. Almost all online payment processed with bitcoin
3. Few country only use bitcoin as their national currency
4. Corruption is almost impossible inside company/government which use bitcoin
5. Have 1BTC means you're very rich or just early adopters
6. Most bank will gone
7. Bitcoin nodes on moon & mars Cool

I think the first scenario ( Bitcoin will be commonly used in almost every country) is more realistic nowadays, because as we can notice bitcoin's price is increasing daily and also it's growing and used more and more than the previous months and years
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October 27, 2015, 03:18:23 PM
 #71

In ten years lot of things will change, technology grows very fast. If bitcoin succeeds we will have no banks, and could be a cashless society. A lot of new systems could be based on blockchain and the ones that now have bitcoins will be very happy (If they didn't sold it before). Prices of bitcoin on a 10 years succes could be high.

Yes, bitcoin after ten years is some what complicated to predict for me. Because supply of bitcoin mining reward would be less than 5BTC per block. So, we can expect some 50 or even 100 fold price raise from what we have today.
ANdr0id
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October 27, 2015, 04:33:57 PM
Last edit: October 28, 2015, 02:59:41 AM by ANdr0id
 #72

10 years down the road. There will probably be it's successor.
This time frame is too far ahead to speculate. I do hope bitcoin will live on.
rivoke
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October 27, 2015, 04:46:59 PM
 #73

Ofcourse world transaction traffic using bitcoin will increased.
Bitcoin's value also increased and increased transaction efficiency. More transaction will gone faster than before also bitcoin will be the great investation over gold
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November 01, 2015, 10:19:50 AM
 #74

I doubt any doom and that kind of stuff will occur in 10 years if bitcoin succeeds. I think that the world would be much more developed as people would be rich. The world would be a better place as people could freely spend their money. There would be no people begging as people would just give them money. There would be hovering cars....JOKES, or maybe. But the world would be a lot different compared to now.
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November 01, 2015, 10:27:14 AM
 #75

People will donate on twitch using bitcoins.
People will get their weekly grocery and marketing using bitcoins.
And something like these.
I don't think even in good situation it could hit around $10.000.
jt byte
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November 01, 2015, 10:35:53 AM
 #76

People will donate on twitch using bitcoins.
People will get their weekly grocery and marketing using bitcoins.
And something like these.
I don't think even in good situation it could hit around $10.000.

People will be more selfish, i doubt they will give donation.
Because the price will also being increased by that time.
If after 10years bitcoin succeeds the price will not be stucked there but will be continue increasing more.
dothebeats
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November 01, 2015, 10:41:55 AM
 #77

People will donate on twitch using bitcoins.
People will get their weekly grocery and marketing using bitcoins.
And something like these.
I don't think even in good situation it could hit around $10.000.

Gamer spotted. Wink

If in case bitcoin becomes globally accepted in the future, money transfer services wouldn't be a thing as bitcoin will be largely used in transferring value in different parts of the world. In order for it to happen, I think fiat should first crash for bitcoin to take over as the world's reserve currency. Give it 20+ years and we'll see if what I said is true.
Denker
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November 01, 2015, 10:53:06 AM
 #78

People will donate on twitch using bitcoins.
People will get their weekly grocery and marketing using bitcoins.
And something like these.
I don't think even in good situation it could hit around $10.000.

Haha yes Bitcoin and anf gaming will have huge potential.
Imagine you have 100k followers/subscribers and people will be support with sending you a few bits (like changetip).Micropayments on a large scale can make you a really good life. Bloggers, streamers, vloggers will porfit from it.A completely new industrie will be born.
Just think about what streamium can offer.Endless possibilities!
steveds
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November 01, 2015, 11:15:09 AM
 #79

People will donate on twitch using bitcoins.
People will get their weekly grocery and marketing using bitcoins.
And something like these.
I don't think even in good situation it could hit around $10.000.

Gamer spotted. Wink

If in case bitcoin becomes globally accepted in the future, money transfer services wouldn't be a thing as bitcoin will be largely used in transferring value in different parts of the world. In order for it to happen, I think fiat should first crash for bitcoin to take over as the world's reserve currency. Give it 20+ years and we'll see if what I said is true.
why would fiat's have to crash for it ? The number of users will increase and it could have more value if a large amount of fiat is thrown into bitcoin.
No big difference and nothing now can be judged about govt...s
Luqman
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November 01, 2015, 04:06:45 PM
 #80

I want to know more also, seeing bitcoin will be our payment tool..
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