CowboyKiller
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August 04, 2017, 10:47:30 AM |
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I don't think that Bitcoin will be used by everyone in 2022 as Bitcoin is only available to the population who has Internet and who are educated. Many people in the world are unaware about Bitcoin. I think Bitcoin will become popular in future but not that popular that it is used by everyone.
We can't predict the future exactly 100% it will happening as our predict. But analysic again if in one day Bitcoin get accept from goverment and use it as new payment system for outside, Bitcoin will have a huge user although not all people on the world's.
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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jc89
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August 04, 2017, 12:56:05 PM |
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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.
Fiat being destroyed by bitcoin? Says who? I don't think that will ever happen. If that is the case the government will be alarmed and most definitely will ban the use of btc in their countries. They will not allow anything that cannot be controlled by them. It will be chaotic and the poor people will most definitely suffer since it is hard to get your hands in btc if you do not have resources such as access to internet.
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masterwakokok7
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August 04, 2017, 01:18:51 PM |
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It's too far from happening or simply impossible to happen. Before bitcoin reach at that point, Government would act accordingly to make sure that it will surely regulates a law in regards the usage of bitcoins. Bitcoin is a treat to the Government especially if they don't keep an eye on it, Politicians would surely apprehend for bitcoin to sabotage their own interest.
Will bitcoin be used by almost everyone? I guess not : 1. There're still a lot of people who thinks that this is scam or something. 2. Bitcoin is not accepted by some countries 3. There're people who doesn't have access to the internet; 4. If they do, They don't find time to study and learn about bitcoins. 5. Possibility of the Government to pass law limiting the usage of bitcoins
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ranman09
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August 04, 2017, 01:25:33 PM |
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I think it will not, as per the bitcoins hard to understand technicalities makes not easy for all to adopt. Maybe if everybody just accepts what you say about bitcoin itll be easy.. But its not, its hard for ordinary people to understand the word decentralized They just dont trust that easily.
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Kisanaq
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August 04, 2017, 03:01:24 PM |
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Should I say this is the hope bitcoin used almost everyone is certainly a difficult thing, because the year 2022 left 5 more years while bitcoin users are still below 5%.
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decoder88
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August 04, 2017, 03:28:05 PM |
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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 think that if the bitcoin will continuous spreading in different social media, many people cam access it and use it for earn some money. Many things will change if that happened, many banks will lost there opportunities to earn.
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d4z
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August 04, 2017, 03:35:53 PM |
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I don't think Bitcoin will be the main currency tbh. 1 currency for the whole world would be f*cked up
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Bagaji
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August 04, 2017, 07:02:08 PM |
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I think the time frame of 2022 for everyone to start using bitcoin is not obtainable. A lot of things need to be put in place before one can think of almost everybody to be using bitcoin or know about bitcoin. In some counties of the world, access to internet is a major problem and if is available the cost of data are usually high as compared to some other country.
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tannerr12
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August 04, 2017, 07:31:38 PM |
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The government is too controlling to let it take over fiat but the value will be huge
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Beparanf
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August 04, 2017, 08:07:15 PM |
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There are still few countries implementing it, so it may take more time to increase it's users numbers, but we can't never tell what may happen in 5 years and technology does really amazed us so it's possible that it can be used by almost everyone.
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airdnasxela
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August 04, 2017, 11:57:39 PM |
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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.
The possibility that it will be destroyes by the fiat system is getting smaller because of the continuous growth of influence of bitcoin. Many are saying that it will die sooner or later but I don't believe them because as years pass by, the value of bitcoin grows more and more just like the users. There are also some countries who accept bitcoin already and legalized them. This will help to the continuous life span of bitcoin.
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Victorycoin
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August 05, 2017, 12:41:23 AM |
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Should I say this is the hope bitcoin used almost everyone is certainly a difficult thing, because the year 2022 left 5 more years while bitcoin users are still below 5%.
Even in the next 20 years, everyone would certainly not be using Bitcoin, because inequities existing across the globe would never let it be even if it were possible. More people will certainly come to know of Bitcoin but not a chance that everyone would come to use it and in the event that a greater percentage of world population comes to know of Bitcoin, it would translate to greater demand and higher price for Bitcoin.
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Pattart
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August 05, 2017, 01:20:30 AM |
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Should I say this is the hope bitcoin used almost everyone is certainly a difficult thing, because the year 2022 left 5 more years while bitcoin users are still below 5%.
Of course that is a very difficult thing to do, 5 years is a very short time and I think bitcoin deployment and development takes a very long time. Especially now I think total users are still under 5% of the total population, impossible in 5 years to get 95% of the world population
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KennyR
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August 05, 2017, 01:24:57 AM |
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Should I say this is the hope bitcoin used almost everyone is certainly a difficult thing, because the year 2022 left 5 more years while bitcoin users are still below 5%.
Of course that is a very difficult thing to do, 5 years is a very short time and I think bitcoin deployment and development takes a very long time. Especially now I think total users are still under 5% of the total population, impossible in 5 years to get 95% of the world population What has taken place with bitcoin in around eight to nine years time is very big. Based on that and the support it has been gaining from different levels of people, countries and other organizational services will probably help it reach good number of users same as the past years. But reaching entire people of the world is impossible.
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Dux2K
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Blocklancer - Freelance on the Blockchain
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August 05, 2017, 05:51:40 AM |
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Technically everyone can use it if they have Internet. So this question is more based on how many people are using Internet. If you have it then you can get all info about bitcoin.
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syaripudin
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August 05, 2017, 05:54:05 AM |
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If you say in 2022, then you are talking a very short time. Now it's already in 2017, I think if you do not speak too early. Bitcoin is not fiat money, which is very easy to socialize, but bitcoin is a technology-based currency, and uses the internet network. I think for the next 5 years, it's not an easy matter to introduce bitcoin to everyone. I think it takes at least 20 years to think about it. Not to mention technical obstacles that must be fixed, because everyone has their choice, to use currency as a means of transaction.
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SISA
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August 05, 2017, 06:08:44 AM |
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The government is too controlling to let it take over fiat but the value will be huge
Still, there are chances that governments will control Bitcoin in future but many people afraid of using Bitcoin because of the Governments. But so many people are already using the Bitcoin to improve their living standard by investing into Bitcoin. In future, there is big chance that many users will start to attract Bitcoin.
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Sled
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August 05, 2017, 06:14:23 AM |
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Technically everyone can use it if they have Internet. So this question is more based on how many people are using Internet. If you have it then you can get all info about bitcoin.
The only problem that we got right now is the awareness of the people in the world, even though they got an internet connection they can't still know what is bitcoin because they don't have the awareness from this technology but if they will have an idea about this then there is no problem from using it and adopting it into their current life.
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mharz
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August 05, 2017, 06:19:15 AM |
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I think it will not, as per the bitcoins hard to understand technicalities makes not easy for all to adopt. Maybe if everybody just accepts what you say about bitcoin itll be easy.. But its not, its hard for ordinary people to understand the word decentralized They just dont trust that easily. If bitcoin will become legalize as currencies in the whole world I think almost all people in the whole world will used bitcoin as currency. Because bitcoin was not hard to understand and used even children can easily understand the activities regarding bitcoin. However in 2022? I believe that it was possible to happen due to short period of time it's only 5years from now.
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Tamilson
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August 05, 2017, 06:27:43 AM |
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Yeah it can be and its not far to happen but it needs a lot of efforts and hardworks. Internet is the most important factor here to be able to use by almost everyone and of course it depends on the country which they are living. Living in first world country is not a problem like almost everyone there uses internet. But in third world country is a different story, not everyone there have an access in internet and dont have smart phones, but the worst is in rural areas they dont have an electricity.
You see there's a lot to consider before everyone uses bitcoin and it will not take overnight. And 5 years are not really enough to make this thing happen.
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Happy Coding Life
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