WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?

[Pettuh4]

I think it is still too early, maybe by 2030 everyone knows about btc.

I think we need to get the difference clearly spelled out, using Bitcoin and knowing about Bitcoin are two different things. The whole world can get to know about it by 2022 as you are saying but how the whole world is going to adopt it by 2022 is the challenge I doubt because it's hard for people to change their natural ways of doing things and I think Bitcoin and blockchain technology are still in the testing phase and a lot of concerns needs to be addressed in order to build trust for the whole world to accept. It might be possible maybe generations after us but 2022 I doubt.

[emezh10]

From now on, we can use bitcoin, citizens and peoples does not know what is bitcon, I think a lot of people not know about bitcoins. We can say that it is better to use now and then, but we still need securities before it could be legal. We need some help from local governments to bitcoins legal and ready to be use

I agree. Many people now Don't know about bitcoin so I think if lot of people will use bitcoin for their daily lives many of them will share to their relative on how bitcoin works and the butcoin will be popular if that will happen. But I don't agree that government will use associate with bitcoin they are just going to collect tax from it.

[Rostadom]

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.

[millgates]

More than half of the world population won't be using Bitcoin or any other Altcoin in 2022. The value of Bitcoin in terms of fiat will keep on increasing as more people come on board. But it won't replace fiat.

Sorry, I dissagree with you. When the advance of technology force the all people in the world to be more often of doing virtual activity, bitcoin is really needed so I think anythingcis possible. Fiat will be replaced by bitcoin or gold.

[tabas]

Bitcoin in the year 2022 will be known as a global phenomenon and will be widely used as the number one digital currency in the world.
That year will be a breakthrough for bitcoin, almost all merchants are using bitcoin. Bitcoin ATM can also seen anywhere where you can easily transfer funds.

That is not going to be enough and realistic theory with proper analysis. 2022 is not really going to be enough and is going to be a known global phenomenon. And I admit that I don't believe that it isn't going to be used widely as there are a lot of people who are living in this world. And 5 years is not enough to spread a news.

of course, even after seven years of bitcoin launching. bitcoin users has not reached more than 20 million users, or less than 5% of the total world population. 5 years is a very less time. it took decades for bitcoin is used by almost everyone

Yes maybe 2-5 decades is going to be realistic to see the world using bitcoins. And I doubt it that bitcoin is going to be used widely, because there are a lot of people all over the world and technology is not within every place and every country. But still as long as there is progress with bitcoin for the upcoming years that will be the best.

[electronicash]

it only needs just few years if something or someone does the incredible things for bitcoin. bitcoin is already on the news and on movies. if a celebrity publicly says he is using bitcoin, it could definitely make a difference in just a matter of days.

no one ever tried hacking a celebrity twitter account and mentioned bitcoin there but perhaps someone could this time.

[diegz]

it only needs just few years if something or someone does the incredible things for bitcoin. bitcoin is already on the news and on movies. if a celebrity publicly says he is using bitcoin, it could definitely make a difference in just a matter of days.

no one ever tried hacking a celebrity twitter account and mentioned bitcoin there but perhaps someone could this time.

No doubt about that, maybe one day some celebrity will be using bitcoin, but that's not enough to lift bitcoin to mainstream in days or even in months. Though people would start to research about bitcoin in the internet when they see their idols using the same, it's not enough to make everyone use it in 2022

no one ever tried hacking a celebrity twitter account and mentioned bitcoin there but perhaps someone could this time.

No, that's not going to be effective, hacking famous accounts won't do any good for bitcoin. A celebrity could simply deny it in any interview and probably could just add another dirt to bitcoin's name.

[coynedterm]

it only needs just few years if something or someone does the incredible things for bitcoin. bitcoin is already on the news and on movies. if a celebrity publicly says he is using bitcoin, it could definitely make a difference in just a matter of days.

no one ever tried hacking a celebrity twitter account and mentioned bitcoin there but perhaps someone could this time.

The last line of hacking are not a satisfying or are better for advertising bitcoin .
Well here day by day the use of bitcoin going sharply at a high top of sky And it seems that it will not go back because everyday lakhs of newbie are coming in the bitcoin work and making the bitcoin community more strong .
But here it is much doubtable and I also think that , it is not possible for bitcoin to destroy the fiat , because here everyone is to make earning and at the end of the earning he will cash out their btc into fiat  , I mean at last he will go for fiat  .

[zuyfg888]

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.

[Mr. Big]

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...

[loreykyutt05]

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?

[slapper]

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

[jacaf01]

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

[Xester]

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.

[wxa7115]

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.

[kidoseagle0312]

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.

[deppil]

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

[mundang]

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.

[The_prodigy]

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.

[Malsetid]

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