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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169483 times)
SMSabuj
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August 06, 2017, 01:12:56 PM
 #1921

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, It's possible. Because some of the countries are declared Bitcoin as a legal currency. Within a few years, Bitcoin will be used by everyone and everywhere. And I agree with your opinion.
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August 06, 2017, 07:58:58 PM
 #1922

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, It's possible. Because some of the countries are declared Bitcoin as a legal currency. Within a few years, Bitcoin will be used by everyone and everywhere. And I agree with your opinion.
I agree with you. With the passage of the time, bitcoiners will increase which will ultimately lead to make bitcoins common. Yep, many other countries are on their way of making bitcoins legal so that they can also have stable economy. The more employed people the more stable economy.
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August 07, 2017, 02:58:10 AM
 #1923

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, It's possible. Because some of the countries are declared Bitcoin as a legal currency. Within a few years, Bitcoin will be used by everyone and everywhere. And I agree with your opinion.
I agree with you. With the passage of the time, bitcoiners will increase which will ultimately lead to make bitcoins common. Yep, many other countries are on their way of making bitcoins legal so that they can also have stable economy. The more employed people the more stable economy.
When there is a way to transact faster it will help to grow the economy faster as well, bitcoin can help that on making it happen because
there is no boundaries as soon as bitcoin is not illegal in your country. You can participate in online buying and selling which could bring profit
and also you will learn how to trade which some believe that it's a hard thing to do.

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August 07, 2017, 03:00:33 AM
 #1924

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, It's possible. Because some of the countries are declared Bitcoin as a legal currency. Within a few years, Bitcoin will be used by everyone and everywhere. And I agree with your opinion.
I agree with you. With the passage of the time, bitcoiners will increase which will ultimately lead to make bitcoins common. Yep, many other countries are on their way of making bitcoins legal so that they can also have stable economy. The more employed people the more stable economy.
Will certainly be a debate if there are countries that use bitcoin while legal currency is abandoned, this certainly becomes a serious economic risk because recession and economic inflation can occur anytime if using bitcoin.
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August 08, 2017, 01:49:06 PM
 #1925

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, It's possible. Because some of the countries are declared Bitcoin as a legal currency. Within a few years, Bitcoin will be used by everyone and everywhere. And I agree with your opinion.
I agree with you. With the passage of the time, bitcoiners will increase which will ultimately lead to make bitcoins common. Yep, many other countries are on their way of making bitcoins legal so that they can also have stable economy. The more employed people the more stable economy.
When there is a way to transact faster it will help to grow the economy faster as well, bitcoin can help that on making it happen because
there is no boundaries as soon as bitcoin is not illegal in your country. You can participate in online buying and selling which could bring profit
and also you will learn how to trade which some believe that it's a hard thing to do.

I don't think bitcoin is illegal in some countries though. Probably nit yet aupported and approved but anyone can still use btc without restraint. And in a couple of years more it is possible that more people will have accessed bitcoin one way or another. Its the future and people will soon look to use it at a regular basis

 
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August 24, 2017, 05:08:48 PM
 #1926

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.
It maybe or maybe not. In fact, nobody knows what happen in the near future, just as long as the demand of the community unto bitcoin together with the whale investors is continuous  go up, that is very much possible in 2022 many by that time are bitcoin users I think.
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August 24, 2017, 05:49:21 PM
 #1927

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.
It maybe or maybe not. In fact, nobody knows what happen in the near future, just as long as the demand of the community unto bitcoin together with the whale investors is continuous  go up, that is very much possible in 2022 many by that time are bitcoin users I think.
There is no way that Bitcoin can destroy the FIAT system, what i believe bitcoin will do is that its going to make Banks lose lots of their customers, with their outrageous fee's, Its not surprising that lots of Banks are losing their customers to cryptocurrencies especially bitcoins, you will see your money gain profits you wouldn't otherwise get when you put them in a bank for a whole year.

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August 24, 2017, 05:55:01 PM
 #1928

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.

Agree, we will definitely have a good number of users in most of the countries until 2020 but while considering the overall potential and scope of Bitcoin as a web currency, we will need at least a decade to reach that number of users who are using fiat currencies today. I am not saying that everyone would be using Bitcoin but we will need that level of the period to at least compete with the fiat currency users in terms of user base.
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August 24, 2017, 08:02:37 PM
 #1929

The big result will be achieved, i mean all will be using bitcoin if their countries does legalize bitcoin, and recognize it, soo people can trade safety without need to be worryed if banks will frozen their accounts. Bitcoin still atracting more and more investors inside, third world countries might stay out of crypto but the most of the people will be using bitcoin on the following years.
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August 24, 2017, 08:32:24 PM
 #1930

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.
It will only happen if and only if, most countries will be make it legal. And I don't think that it will happrn in the year of 2022, because there are still lots of people that are not awared of Bitcoin. And there are still countries that doubt the advantages of Bitcoin. But if will encourage more people, it will be possible for others to be interested into it. And if that happens, the demand will increase as well as its market value which is in favor for Bitcoin community.

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August 25, 2017, 08:30:24 AM
 #1931

 The problem is not only that many countries have not legalized bitcoin as a currency yet. Not all people have access to the Internet. Especially poor people from third world countries. I do not think that the situation will change in a few years.
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August 25, 2017, 08:55:06 AM
 #1932

Definitely no because I believe internet providers cannot cover every corner of the  world yet by that time.  With this thing, Bitcoin will not be used by everyone on 2022 since internet is the medium to transact or use bitcoin.  Aside from that even if internet providers are able to cover every inches of the world,  the government and people is not sure whether they will support bitcoin or be skeptical of it or worst reject bitcoin.

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August 25, 2017, 12:15:57 PM
 #1933

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 believe on what you have said. Governments cannot just let the fiat system get rid easily. If that happens, it will cause a big uproar. Implementing new systems will be difficult. So I think there will be two systems at the same time: the system for currency and the system for digital currency. Bitcoin depends on the demands. So it depends if almost everyone know bitcoin.
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August 25, 2017, 12:47:17 PM
 #1934

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 believe on what you have said. Governments cannot just let the fiat system get rid easily. If that happens, it will cause a big uproar. Implementing new systems will be difficult. So I think there will be two systems at the same time: the system for currency and the system for digital currency. Bitcoin depends on the demands. So it depends if almost everyone know bitcoin.
It can havr more users by 2022 , many will get interested on it especially now that ICO advertising were almost seen the most used apps and websites. By then it can get more users. Now many counyries implementing it ,soon there are more additional.

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August 26, 2017, 11:04:31 AM
 #1935

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 believe on what you have said. Governments cannot just let the fiat system get rid easily. If that happens, it will cause a big uproar. Implementing new systems will be difficult. So I think there will be two systems at the same time: the system for currency and the system for digital currency. Bitcoin depends on the demands. So it depends if almost everyone know bitcoin.
It can havr more users by 2022 , many will get interested on it especially now that ICO advertising were almost seen the most used apps and websites. By then it can get more users. Now many counyries implementing it ,soon there are more additional.
There is nothing wrong in predicting that bitcoins will have so many users by 2020. With every passing minute, the number of users is increasing and by 2020 bitcoins will be among most used currencies. Bitcoins are already famous worldwide, so they won’t face serious hurdles to be known by maximum people in 2020

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August 26, 2017, 02:04:03 PM
 #1936

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 not destroy the fiat system, I think it's not created to destroy fiat system. It's hard to destroy it because lot of people are still depending on fiat system and many people are not willing to embraced and accept bitcoin as a currency. 2022 ? Almost Everyone? I don't think bitcoin will used almost of the people on that time but we can't predict what will happened but it still possible in the future.

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Chachacoin17
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August 27, 2017, 04:47:44 AM
 #1937

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.
2022 is 6 years later,its short time to bitcoin for being used by everyone in this world,i said its impossible,not enough for bitcoin just in 6 years tobe conquer this world and replacing fiat,as we know since founded 2009,bitcoin have passed 7 years,and until now bitcoin not used by everyone.
Yes, I agree with you mate. As for me, 6 years later is quite too early that bitcoin will be used by almost everyone. There are still lots if areas especially the remote areas wherein internet is not very accessible and also to poor countries that it takes so many years in order to make bitcoin popular and usable. When we say most of the people use bitcoin, it means almost all are well educated about bitcoin, well versed about using technology and internet so it's really not that easy and quick. However I may say that 6 years later, bitcoin will be more popular than today by about 30% and its value will definitely continue to rise.
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August 27, 2017, 07:08:59 AM
 #1938

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 being used by 2022 is not an easy thing to accomplish and bitcoin is for sure not replacing fiat,bank or any centralized major organisation for  sure because in 5 years ,do you seriously think that most people will use bitcoin and fiat will be no longer existing and bullshit? C'mon,dude governments wont keep their hands tied to themselves,and so will the people who do not use bitcoin,so the numbers will not be on the side who do use bitcoin and want bitcoin to replace fiat.

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August 27, 2017, 07:11:37 AM
 #1939

We need to realize that even at its peak adoption stage, Bitcoin is unlikely to be used by a majority of the people in the world. Look at Visa/Master. How many people are using them? I guess less than a billion. That represents less than one-seventh of the world's population.

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August 27, 2017, 07:51:28 AM
 #1940

In my opinion, bitcoin is different from visa or master card that has some binding rules, whereas bitcoin has freedom both in legality and transaction. So it gives comfort to bitcoin users
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