WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?

[Vannie12]

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.

Destroying fiat money is not necessary because Fiat money and Cryptocurrencies complement each other. Bitcoin is more accessible that way.
And you are saying Bitcoin being used in 2022 by everyone is not impossible to happen because today it is still gradually accepted everyday.

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[pitiflin]

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.

Bitcoin can replace Fiat seriously? Bitcoin is not abundant but Fiat is,  so it will take years for any crypto to replace Fiat and as of now economy is really bad for such things to happen and people will go like crazy. By 2022 technology should be developed in such a way that atleast everyone can access Internet. So not sure what is going to happen.

[matuson]

If you don't live in a totalitarian state, the problems with the Internet there is now. Every person with the desire can do it cheaply, but bitcoin will not become more popular. It is necessary to develop the scope of bitcoin.

[TheBTCAlex]

Well, usage of BTC has increased a huge lot, and it is slowly being accepted by many people in other countries but the Asian part of the world still lacks mass adoption in hugely populated countries like India. So, I believe maybe not by 2022, but definitely by 2030 around 80-95% of people in the world will have been modernized and they will be using BTC.

[Nikola95]

It will hardly destroy fiat money, or banks and this system in which we are living. Atleast not in 2022. Maybe in 2050. Who knows what kind of life we are going to live than, and on what technological development we are going to be than. But in 2022 bitcoin will have lot more users than now. I don't see the reason why it could be different.

[altgamerf4]

I do not think that bitcoin will destroy ordinary money, because there must always be an alternative and by 2022 very little time, especially for poor countries, that they start using bitcoin.

[pitham1]

I do not think that bitcoin will destroy ordinary money, because there must always be an alternative and by 2022 very little time, especially for poor countries, that they start using bitcoin.

Ordinary money needn't be destroyed. People could start using bitcoin along with Fiat money. Even if that happens, Bitcoin's price will shoot to the moon. Plus it will become the currency for international travel.

[TheFriends]

Too soon to know, I think there will be more coins besides Bitcoin being adopted by people in the future.

[AK47-]

It is very hard to achieve. At present less than 1% of world's population is into Bitcoin. Reaching the other 99% till 2022 is quite impossible. But yeah we would see atleast 10% till 2022 by looking at countries and people increasingly accepting Bitcoin.

[fasdorcas]

I do not think that bitcoin will destroy ordinary money, because there must always be an alternative and by 2022 very little time, especially for poor countries, that they start using bitcoin.

Ordinary money needn't be destroyed. People could start using bitcoin along with Fiat money. Even if that happens, Bitcoin's price will shoot to the moon. Plus it will become the currency for international travel.

Price for bitcoin is even now raising a lot. Price for bitcoin was about 0.52$ in 2009 but now it even crossed 3000$. Even now many websites are using bitcoin as a payment method and so will continue and will definitely increase in future. It will be used with fiat and will not replace fiat. As well,  if so happens, price for bitcoin will touch moon

[Kiweikoo]

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.

Bitcoin will surely grow much more bigger then it is now but i dont think bitcoin can replace fiat. Bitcoin is a decentralised
globally used cryptocurrency. It is totally different from all other national currencies. Bitcoin is used worldwide in many nations.

Each country requires its individual currency. Bitcoin will be used perhaps by everyone in 2022 but it will definitely not replace fiat currencies.

[bitcoinmaniac52]

NO.

Think about it like this... the internet was adopted by the masses from 1995-2000, however even today there are over a billion people worldwide without access to it. It is 2017. It has been 20+ years and still people do not have access to the internet!

Based on this logic it is quite obvious that even 20 years from now many people will still not know how to use Bitcoin. They might know what it is, but never used it or have access to it.

[mongkie]

actually by now, it is already widely used. when we say everyone, thats imposible because of many constraints.
like internet even though it is widely accepted by people many people didnt have access to internet.
i think by the year 2022, maybe the number of users will increase but not everyone will be able to have an access on it.

[Polar91]

No If I'm honest I do not see this happen at all, the possibility is there but I think its just to early to conclude this if I'm honest.
There are still too many people depending on other currency's and I do not see step over to another currency anytime soon.

We have different conviction but the thing is bitcoin is getting bigger and richer that may stores so much people to increase it value n times larger than bedore, since bitcoin is, simple, basic, irreversible and faster way of earning I dont see anything that may stop bitcoin form growing and be used worldwide aside from government.

[Shutup]

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.

Yes I think so,that in 5years from now is the world currency in the future.Because some countries now accept bitcoin already and they say that this is good so when all countries accept bitcoin,bitcoin will be used to all the earth because it is more convenient to used.

[stompix]

I do not think that bitcoin will destroy ordinary money, because there must always be an alternative and by 2022 very little time, especially for poor countries, that they start using bitcoin.

Ordinary money needn't be destroyed. People could start using bitcoin along with Fiat money. Even if that happens, Bitcoin's price will shoot to the moon. Plus it will become the currency for international travel.

Price for bitcoin is even now raising a lot. Price for bitcoin was about 0.52$ in 2009 but now it even crossed 3000$. Even now many websites are using bitcoin as a payment method and so will continue and will definitely increase in future. It will be used with fiat and will not replace fiat. As well,  if so happens, price for bitcoin will touch moon

And yet the number of transactions is flat
Even if we assume payments are done through segwit right now and that's why the blocks are empty the usage was and still is quite low.

With around 300 000 transactions a day that is less than Starbucks customers in NY.

You need a far greater rate of usage increase to even dream of 10% of population worldwide using it in 5 years.

It took us more than 7 years to reach 250 million transactions. that is way below the 10%. And it's in 7 years, not daily.
https://blockchain.info/en/charts/n-transactions-total

[guoyu78]

by 2022? in 6 years?   Hardly so...
by 2030 - yes, very likelly.
by 2050 -  VERY sure. Not even small doubt. FIAT will be found only in the history books by 2050

Even in 2050, bitcoin cant replace fiat. Bitcoin is a global cryptocurrency and cryptocurrency cant just replace fiat currency.

Each country has its different fiat currencies. Its necessary for the economy of the world. In 2050, perhaps paper money can replace digital money like paypal, pm, etc but it will be according to each nation. Whole globe cant have one single global currency.

[Sniper150]

It is said that bitcoin will destroy the fiat system but I believe that if this happens the world will change completely because banks and a lot of things will go out of the market.

It would be hard to replace fiat currency to bitcoin because there are many fiat users affected with the change system. It would be possible to replace but it took a long time ago maybe in a few years or not, or fiat currency would stand still. If this would happen, I think all banks also change, your right with your opinion, maybe all markets would also accept bitcoin as replace by fiat.

[choppork]

by 2022? in 6 years?   Hardly so...
by 2030 - yes, very likelly.
by 2050 -  VERY sure. Not even small doubt. FIAT will be found only in the history books by 2050

Even in 2050, bitcoin cant replace fiat. Bitcoin is a global cryptocurrency and cryptocurrency cant just replace fiat currency.

Each country has its different fiat currencies. Its necessary for the economy of the world. In 2050, perhaps paper money can replace digital money like paypal, pm, etc but it will be according to each nation. Whole globe cant have one single global currency.

And even if we do have one single global currency, it will just cause chaos to people. Those that have the most bitcoins will have the most power. The country that holds the most bitcoins will surely become the most powerful country. Money controls things so the government wants to have control of money. With bitcoin, they can't do their magic of nonstop printing it. They wouldn't be able to manipulate the people, they wouldn't even be able to collect tax from people.

If you guys have watched the famous TV series called Mr Robot, you will see that even in a fictional world, the government hates bitcoin because they have zero control over it. In the tv series, they also have a cryptocurrency but not a global one.

[Bitcoin_Delivery]

If bitcoin does not get into trouble. It is possible that in 2020 bitcoin will be used by many people in the country. Because today many countries are studying technology from blockchain.