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blackmagician
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November 13, 2016, 03:42:30 PM |
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All i could say is. Bitcoin can change the world. Bitcoin will replace our fiat that we all known.
Bitcoin will be thw center of the market.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Dudeperfect
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November 13, 2016, 03:48:25 PM |
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still 2022 has got 5 years left but i dont think you will get not more then 50% of the users of world population. Ya if their is any legal move of making bitcoin legalize in almost top country then we can see the sudden raise of users of bitcoin. Till then dont expect before 2030
Well said, there is no practical possibility of reaching 50% of the population in next 5 years far as the user base is concerned. This is a very difficult milestone and thus impractical too. Even if any government is legalising bitcoin still 50% of world population is the highest figure. We might hardly reach 2% to 4% of world population in terms of registered users having their own bitcoin wallet. |
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BitHodler
Legendary
 Offline
Activity: 1526
Merit: 1179
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November 13, 2016, 04:02:27 PM |
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All i could say is. Bitcoin can change the world. Bitcoin will replace our fiat that we all known.
Bitcoin will be thw center of the market.
Bitcoin can change the financial industry if used and implemented properly by governments and all other institutions, but they don't get any benefits in doing so. In that aspect, Bitcoin will not change the world. Bitcoin will also never come into the position of being able to replace any kind of fiat currency. It's simply impossible. If you look at what entity is able to change the way the current financial system is set up, then it's the government and nothing else. I really don't know why people continue to think Bitcoin has even a tiny chance of changing the world or replace fiat. It's pure nonsense. The government can, Bitcoin not. |
BSV is not the real Bcash. Bcash is the real Bcash.
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RussiaIsBest
Member
Offline
Activity: 108
Merit: 10
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November 13, 2016, 04:07:24 PM |
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I think it will be used maybe later not 2022 because nothing like value cant be using by everybody so fast I think until 2030 year that this situation will be but not before.
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Dux2K
Legendary
Offline
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
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November 13, 2016, 04:13:29 PM |
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I don't think it will happen. Governments will want some control over what their people use as currency. Bitcoin cannot be regulated by governments efficiently. Possibly, though, governments will create their cryptocurrency. What I believe is that, by the year 2022, the popularity of cryptocurrency or other digital currencies has already been accepted enough for it to be used as versatile as fiat currency.
This is what I'm thinking too because the range of given time is very low and it is not even sufficient just to educate the whole nation for the bitcoins adoption. And I don't think large percentage of people will start using bitcoin only. Because I am only thinking that 1% of the total population of the world will be using bitcoin. i don't want to see government involved in his cuz then bitcoin won't be as it is right now But we will have more people definitely by 2022 and we will have bitcoin used in every major Internet store |
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ged00u
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November 13, 2016, 04:14:00 PM |
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8 years from now is enough for bitcoin to develop and be well-known by the people. In 2022, there will be a lot of new technologies to serve human needs and Bitcoin is not an exception. Most of the people will figure out the benefits while using bitcoin and they will decide to use them instead of Fiat. At present, more and more online marketplace are using bitcoin as a method to trade, buy, sell things
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Potato Chips
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November 13, 2016, 04:35:32 PM |
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I doubt that five years is enough for it to be used by everyone. That future is vey likely to happen but its still far from now. Well it is safe to think that after all bitcoins are mined then I think almost everyone are aware of bitcoin already.
Bitcoin is still new and developing you can't expect such good thing to happen right away.
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n0ne
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November 13, 2016, 05:38:23 PM |
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still 2022 has got 5 years left but i dont think you will get not more then 50% of the users of world population. Ya if their is any legal move of making bitcoin legalize in almost top country then we can see the sudden raise of users of bitcoin. Till then dont expect before 2030
At present very few were aware of bitcoin and other digital currency. In term of count almost 25% of the entire locality starts using bitcoin. Government have got regulations which is not 100% effective. |
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lionheart78
Legendary
Offline
Activity: 2898
Merit: 1152
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November 13, 2016, 07:14:47 PM |
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still 2022 has got 5 years left but i dont think you will get not more then 50% of the users of world population. Ya if their is any legal move of making bitcoin legalize in almost top country then we can see the sudden raise of users of bitcoin. Till then dont expect before 2030
At present very few were aware of bitcoin and other digital currency. In term of count almost 25% of the entire locality starts using bitcoin. Government have got regulations which is not 100% effective. I wonder where you get your data, I'm kinda confused if it is present or in 2022. If that line is for the present statistics, that is somehow very big percentage. I can set an example to my locality, with more than 10,000 population there is less than 1% known bitcoin and far less than that is using bitcoin. But I know in 2022, the number of people will increase exponentially because of ads and adoption. |
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izlevinv
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November 13, 2016, 08:51:22 PM |
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still 2022 has got 5 years left but i dont think you will get not more then 50% of the users of world population. Ya if their is any legal move of making bitcoin legalize in almost top country then we can see the sudden raise of users of bitcoin. Till then dont expect before 2030
At present very few were aware of bitcoin and other digital currency. In term of count almost 25% of the entire locality starts using bitcoin. Government have got regulations which is not 100% effective. I wonder where you get your data, I'm kinda confused if it is present or in 2022. If that line is for the present statistics, that is somehow very big percentage. I can set an example to my locality, with more than 10,000 population there is less than 1% known bitcoin and far less than that is using bitcoin. But I know in 2022, the number of people will increase exponentially because of ads and adoption. The user base of bitoins will surely go higher in next 6 years but I don't think that it will be used by everyone especially the older generation will never take a risky of investing their money into it and will prefer to use only paper money as they find it easy and convenient to use and bitcoin can make things complicated for them. |
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saiha
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November 14, 2016, 02:14:33 AM |
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8 years from now is enough for bitcoin to develop and be well-known by the people. In 2022, there will be a lot of new technologies to serve human needs and Bitcoin is not an exception. Most of the people will figure out the benefits while using bitcoin and they will decide to use them instead of Fiat. At present, more and more online marketplace are using bitcoin as a method to trade, buy, sell things
But I think 8 years is not enough for bitcoin and being well-known by the people because that time frame is very not close to reach the people of the world. And with the current trend of technology a lot of competitors are coming but still bitcoin will remain in the league. I believe that bitcoin become stronger by the year 2022 but it will not be popular to all. |
Vires in Numeris
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LuanX3
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November 14, 2016, 03:19:39 AM |
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I don't think it will happen. Governments will want some control over what their people use as currency. Bitcoin cannot be regulated by governments efficiently. Possibly, though, governments will create their cryptocurrency. What I believe is that, by the year 2022, the popularity of cryptocurrency or other digital currencies has already been accepted enough for it to be used as versatile as fiat currency.
This is what I'm thinking too because the range of given time is very low and it is not even sufficient just to educate the whole nation for the bitcoins adoption. And I don't think large percentage of people will start using bitcoin only. Because I am only thinking that 1% of the total population of the world will be using bitcoin. i don't want to see government involved in his cuz then bitcoin won't be as it is right now But we will have more people definitely by 2022 and we will have bitcoin used in every major Internet store The governments can never control bitcoin unless they ban it in their country. But regardless, even in countries that banned bitcoin, the citizens who want to use was able to use bitcoin. But I think in the future, governments will make use of some digital currency that would replace their fiat currency. |
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BitcoinPanther
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November 14, 2016, 03:26:27 AM |
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It is possible that bitcoin will be majorly used as currency in online transaction, but in Real Life application as currency where we have to buy in the neighborhood and use bitcoin as currency is a bit vague. The reason for this is that there are lots of people who is 1) not computer literate, 2) have no access to internet, 3) doubtful about bitcoin 4) ignorant about bitcoin.
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arseaboy
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November 14, 2016, 04:55:33 AM |
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It is possible that bitcoin will be majorly used as currency in online transaction, but in Real Life application as currency where we have to buy in the neighborhood and use bitcoin as currency is a bit vague. The reason for this is that there are lots of people who is 1) not computer literate, 2) have no access to internet, 3) doubtful about bitcoin 4) ignorant about bitcoin.
I'm also thinking the same way.. I believe bitcoin users will grow more and more but not to the point that everyone will be able to use it.. some reasons already defined above.. and yet many countries are still out of date when it comes to technology.. it might be possible in the future but it will still make a couple of years or decades. |
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BitcoinPC
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November 15, 2016, 12:10:10 PM |
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It is possible that bitcoin will be majorly used as currency in online transaction, but in Real Life application as currency where we have to buy in the neighborhood and use bitcoin as currency is a bit vague. The reason for this is that there are lots of people who is 1) not computer literate, 2) have no access to internet, 3) doubtful about bitcoin 4) ignorant about bitcoin.
Your points are right, but still you can see bitcoin users numbers are increasing day to day. So, it is a proof that in the coming years the number will be grow more, and also in future many peoples like to use the online ways, So bitcoin is one of them, which i believe peoples specially those peoples who don't know about it, they definitely try to use it, and the second kind of those peoples who are ignoring the bitcoin, they also start in future. |
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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November 15, 2016, 12:43:52 PM |
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It is possible that bitcoin will be majorly used as currency in online transaction, but in Real Life application as currency where we have to buy in the neighborhood and use bitcoin as currency is a bit vague. The reason for this is that there are lots of people who is 1) not computer literate, 2) have no access to internet, 3) doubtful about bitcoin 4) ignorant about bitcoin.
Your points are right, but still you can see bitcoin users numbers are increasing day to day. So, it is a proof that in the coming years the number will be grow more, and also in future many peoples like to use the online ways, So bitcoin is one of them, which i believe peoples specially those peoples who don't know about it, they definitely try to use it, and the second kind of those peoples who are ignoring the bitcoin, they also start in future. There's no question that bitcoin will be more popular in the future as you said the users are increasing as they believe in bitcoin, absolutely it could happen but the question is, will bitcoin be used by almost everyone in 2022? Definitely the answer is no. |
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BitcoinPC
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November 15, 2016, 02:42:26 PM |
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It is possible that bitcoin will be majorly used as currency in online transaction, but in Real Life application as currency where we have to buy in the neighborhood and use bitcoin as currency is a bit vague. The reason for this is that there are lots of people who is 1) not computer literate, 2) have no access to internet, 3) doubtful about bitcoin 4) ignorant about bitcoin.
Your points are right, but still you can see bitcoin users numbers are increasing day to day. So, it is a proof that in the coming years the number will be grow more, and also in future many peoples like to use the online ways, So bitcoin is one of them, which i believe peoples specially those peoples who don't know about it, they definitely try to use it, and the second kind of those peoples who are ignoring the bitcoin, they also start in future. There's no question that bitcoin will be more popular in the future as you said the users are increasing as they believe in bitcoin, absolutely it could happen but the question is, will bitcoin be used by almost everyone in 2022? Definitely the answer is no. If you know that what is the question: So you should explain about it, only say "NO", i don't think that it is enough. You have a time to say the Argus in our point but you have no time to explain the two lines about the question. And about the OP, not almost but little bit possible that in 2022, many changes will be happened, may be many government accept the bitcoin in official level to see the progress of the bitcoin. But we can't say that totally NO. |
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clickerz
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November 15, 2016, 03:02:30 PM |
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There's no question that bitcoin will be more popular in the future as you said the users are increasing as they believe in bitcoin, absolutely it could happen but the question is, will bitcoin be used by almost everyone in 2022? Definitely the answer is no.
Six years from now is 2022 and it seems we have not enough time to make bitcoin be used by everyone. Maybe by year 2030 and up, it is very possible or the people are very aware and using different coin. |
Open for Campaigns
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DoublerHunter
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November 15, 2016, 03:17:05 PM |
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I think yes, Almost of the people will use bitcoin as a one of their primary currency since the bitcoin is getting more attention every year. 6 years is still a lot of time and many things will happen and i think one of the things that might happen is bitcoin will be adopted in various big countries and bitcoin will be adopted continuously by the following small countries and the world might change with the help of bitcoin.
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gabmen
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November 15, 2016, 03:28:11 PM |
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I think yes, Almost of the people will use bitcoin as a one of their primary currency since the bitcoin is getting more attention every year. 6 years is still a lot of time and many things will happen and i think one of the things that might happen is bitcoin will be adopted in various big countries and bitcoin will be adopted continuously by the following small countries and the world might change with the help of bitcoin.
Well you may be right there dude. By that time most likely almost everyone will at least have an idea of what bitcoin is and its uses and benefits. But i dont think it would be to a point that they would prefer bitcoin over fiat |
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