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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169483 times)
bitllionaire
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February 06, 2017, 07:04:54 AM
 #1581

It will be false to use the word 'everyone'. I say this because for every innovation or new thing that comes up, not everyone will use it just because someone said it is good. Some people are just skeptical about new things and they would rather remain with the old way of doing things. They don't want to be disturbed by technology that they doubt. That is why we can say bitcoin will be popular but it will not be used by everyone.
in fact only 5 years left in 2022 so how can all the people of the world can start using bitcoin when still only 1% people are using bitcoin optionally from last 9 years. no doubt the bitcoin users are increasing from time to time but i thin may be only 5% people will be able to use bitcoin in 2022,
If we analyze the trend of the growth of Bitcoin's popularity, it was only in the last year figures are very increased, primarily due to economic problems in some countries, India, Venezuela, and we should not forget that the Bitcoin conquer Africa. A few years users will be much more, but not everyone will use it.
no doubt about this that the users of bitcoin are increasing continuously. and specially the progress is too much fast from last few years. as soon people are getting awareness of about bitcoin, they are accepting bitcoin, hope that this trend will continue for a long time and more and more people will be entering in the world of bitcoin. but still in 2020 it is not possible that all the people of the world will start using bitcoin. may me 5 to 6 percent people will be using bitcoin at that time.
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President79
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February 06, 2017, 08:26:00 AM
 #1582

I do not believe, at this time who know and use the bitcoin is not more than 1%. currently not all people have access to the internet, so do not equate more and hope that it will use bitcoin 2022.
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February 06, 2017, 08:38:20 AM
 #1583

I do not believe, at this time who know and use the bitcoin is not more than 1%. currently not all people have access to the internet, so do not equate more and hope that it will use bitcoin 2022.
Indeed. It will be a long process if Bitcoin want to be used by almost everyone. 8 years from now is not enough for people to understand clearly how Bitcoin work and what advantages they can have by using Bitcoin. To speed up this process, everyone here need to support Bitcoin by using it, holding it, and consider it as a legal currency.
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February 06, 2017, 09:16:47 AM
 #1584

I do not believe, at this time who know and use the bitcoin is not more than 1%. currently not all people have access to the internet, so do not equate more and hope that it will use bitcoin 2022.
Indeed. It will be a long process if Bitcoin want to be used by almost everyone. 8 years from now is not enough for people to understand clearly how Bitcoin work and what advantages they can have by using Bitcoin. To speed up this process, everyone here need to support Bitcoin by using it, holding it, and consider it as a legal currency.

What you are telling is only in the hands of the government of the each country to process bitcoin fast because until government dont give clear statement of use of bitcoin as legal no real business man will take bitcoin as payment option. If the government gives clear certificate to use bitcoin as legal then it wont take more then  1 or 2 yrs to spread the bitcoin very fast among the users and you can see it getting famous very soon.
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February 06, 2017, 09:31:14 AM
 #1585

Bitcoin is just making its way to be accepted by others, this is what bitcoin should do right now find a way  to please others to accept bitcoin. If this happens every year i think 50% of users of bitcoin will be added in the year 2022.
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February 06, 2017, 10:22:53 AM
 #1586

It is hard to predict distant future of bitcoin. We have no idea what will happen to bitcoin in next month. 5 years will be like eons.
Simple change of laws, harsh regulations of bitcoin by China or Russia would put everything we worked for in danger.
I think that by 2022 bitcoin will be for sure known by everybody. Used by everybody? Probably not.
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February 06, 2017, 10:52:33 AM
 #1587

Many people assume and expectations about this, I think it was a hard thing because bitcoin is still not widely used by people, I notice the bitcoin still limited number of countries have not yet even know bitcoin.
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February 06, 2017, 01:56:46 PM
 #1588

2022 is roughly 5 years from now. I don't think it's possible at all in 2022. How many people use Bitcoin now? I heard around 4 million. World population is almost 8 billion. Even if Bitcoin userbase expand to 10 million that would be great, let alone "everyone" use it. There's still too much work to do. Eventually people realize what this technology offer to them, but 2022 is wrong target for everyone.
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February 06, 2017, 03:05:09 PM
 #1589

Probably not, although it will be far more widespread than it is now.   

Assuming the scaling debate s solved by then, bitcoin would be more widely used and also have a way higher price by that time.   

I also expect at least 1 ETF to have been approved by the SEC by then, and many investors and funds will have large holdings of bitcoin.     
   
I would not be surprised to see bitcoin having a 6 digit value by than.
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February 06, 2017, 03:27:40 PM
 #1590

I don't think Bitcoin will be used by everyone in that year. The value of Bitcoins is constantly fluctuating according to demand of which products or services that were offered. This constant fluctuation will cause Bitcoin accepting sites to continually change prices. If I'll be the consumer, I will feel uncomfortable keeping Bitcoin. Everyone will consider Bitcoin IF value will be more stable.
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February 06, 2017, 03:54:04 PM
 #1591

I dont think so, it may not be even known to everyone because bitcoin is not something that can be known and used by everyone.

Its just a coin/currency and it has nothing to do with all people, we should eorry if bitcoin will be used by all Ceo's os people who have power in the technology world.
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February 06, 2017, 03:58:02 PM
 #1592

2022 is roughly 5 years from now. I don't think it's possible at all in 2022. How many people use Bitcoin now? I heard around 4 million. World population is almost 8 billion. Even if Bitcoin userbase expand to 10 million that would be great, let alone "everyone" use it. There's still too much work to do. Eventually people realize what this technology offer to them, but 2022 is wrong target for everyone.

Yes indeed, and in 5 years it is not feasible to be used by everyone. There are many factors affecting this for only 5 years bitcoin will become mainstream I think not in another 10 years also. But who knows, with  political and economic instability, bitcoin might be a good option to majority.

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February 06, 2017, 04:32:16 PM
 #1593

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.

No, bitcoin is going to replace fiat or even gold it is not going to replace fiat too. Ancient times are already through and gold was the main currency by that time. But even though we are in modern technology and everything is now virtually transacted still fiat needs to remain that's why it is not going to be replaced by bitcoin but by year 2022, there are more bitcoin users already.
Correct, bitcoin has the potential but the governments of the world are not going to give up the right they have to print their own currency without a fight, besides it is not possible to have a single currency for the world since different economies and countries have different needs.

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Idrisu
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February 07, 2017, 07:14:54 AM
 #1594

Bitcoin is just making its way to be accepted by others, this is what bitcoin should do right now find a way  to please others to accept bitcoin. If this happens every year i think 50% of users of bitcoin will be added in the year 2022.
Bitcoin popularity is gaining momentum this day and we expect it to be accepted before the end of 2022 it might not replace fiats but it will make a significant improvement from were we are now. Thing will be better if bitcoin is been accepted all over The world. What we make good things happen in bitcoin and cryptocurrencies is adoption by most of the developed countries all over the world.
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February 07, 2017, 07:22:46 AM
 #1595

Bitcoin is just making its way to be accepted by others, this is what bitcoin should do right now find a way  to please others to accept bitcoin. If this happens every year i think 50% of users of bitcoin will be added in the year 2022.
Bitcoin popularity is gaining momentum this day and we expect it to be accepted before the end of 2022 it might not replace fiats but it will make a significant improvement from were we are now. Thing will be better if bitcoin is been accepted all over The world. What we make good things happen in bitcoin and cryptocurrencies is adoption by most of the developed countries all over the world.

i hope soo and maybe bitcoin will walk side by side with fiat and bitcoin and fiat can work together, beside that to make deposit and withdraw is more easy than now. i think bitcoin make a good progress before 2022 and maybe we can see more bitcoin ATM in every where too. its worth to waiting that time while we can do anything we want with bitcoin before most people is using bitcoin.

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February 07, 2017, 07:27:26 AM
 #1596

Bitcoin is just making its way to be accepted by others, this is what bitcoin should do right now find a way  to please others to accept bitcoin. If this happens every year i think 50% of users of bitcoin will be added in the year 2022.
to get the legalization of any country is not easy. to get the legalization of course you need to work very hard and do not necessarily state or government was willing to accept it, but when bitcoin legalized then the mass adoption will occur
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February 07, 2017, 08:40:20 AM
 #1597

Bitcoin is just making its way to be accepted by others, this is what bitcoin should do right now find a way  to please others to accept bitcoin. If this happens every year i think 50% of users of bitcoin will be added in the year 2022.
to get the legalization of any country is not easy. to get the legalization of course you need to work very hard and do not necessarily state or government was willing to accept it, but when bitcoin legalized then the mass adoption will occur

Legalizing paves path for increased usage of bitcoin and increasing acceptance around the world. Countries won't easily legalize bitcoin as they cannot have control over it. On such a belief countries have been initiating digitization along with the implementation of their own digital fiat. By 2020 everyone using bitcoin is not possible.
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February 07, 2017, 09:47:56 AM
 #1598

Bitcoin is just making its way to be accepted by others, this is what bitcoin should do right now find a way  to please others to accept bitcoin. If this happens every year i think 50% of users of bitcoin will be added in the year 2022.
to get the legalization of any country is not easy. to get the legalization of course you need to work very hard and do not necessarily state or government was willing to accept it, but when bitcoin legalized then the mass adoption will occur

Legalizing paves path for increased usage of bitcoin and increasing acceptance around the world. Countries won't easily legalize bitcoin as they cannot have control over it. On such a belief countries have been initiating digitization along with the implementation of their own digital fiat. By 2020 everyone using bitcoin is not possible.
I do not think that the government will easily accept Bitcoin because if most of the people use this currency, the government can not collect taxes from the citizens and the government will soon collapse. Therefore, legalization is not an important issue. People still can use Bitcoin anonymously without being controlled by anyone. IN 2022, if the prices keep increasing, I can ensure that Bitcoin will be utilized by most parts of the world
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February 07, 2017, 10:26:04 AM
 #1599

Bitcoin is just making its way to be accepted by others, this is what bitcoin should do right now find a way  to please others to accept bitcoin. If this happens every year i think 50% of users of bitcoin will be added in the year 2022.
to get the legalization of any country is not easy. to get the legalization of course you need to work very hard and do not necessarily state or government was willing to accept it, but when bitcoin legalized then the mass adoption will occur

Legalizing paves path for increased usage of bitcoin and increasing acceptance around the world. Countries won't easily legalize bitcoin as they cannot have control over it. On such a belief countries have been initiating digitization along with the implementation of their own digital fiat. By 2020 everyone using bitcoin is not possible.
I do not think that the government will easily accept Bitcoin because if most of the people use this currency, the government can not collect taxes from the citizens and the government will soon collapse. Therefore, legalization is not an important issue. People still can use Bitcoin anonymously without being controlled by anyone. IN 2022, if the prices keep increasing, I can ensure that Bitcoin will be utilized by most parts of the world

Yes, I think that legalizing bitcoin is so hard. All local governments are making bitcoin to be legal. If government will accept bitcoins, it is hard to all bitcoin users, because of the additional fees of each transactions. We cannot assure that government will not give us additional fees or taxes.
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February 07, 2017, 11:07:41 AM
 #1600

It is not sure that bitcoin will be used by almost everyone in future ,according to my opinion this site is a hidden site from government for income which is govt.tax free so it may not be scattered as we expected.but probably it may be most useful site in future.

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