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Ziskinberg
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August 27, 2017, 07:54:01 AM |
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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.
Your point is correct, we have to understand that in the total population of the world there are less than half of it which are not potential with this system. We have to fully understand that there are countries who poverty problem is huge and people in that country are not focus on the new technology, they are more focus in making a living with a less paying job, and that could maybe because of the corrupt politicians. |
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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denny27
Full Member
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Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
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August 27, 2017, 07:55:16 AM |
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Yes it seems so, according to information from some of the news i read from various articles that bitcoin will more popular and bitcoin prices that moving lead to an increasing, it reinforces the more peoples who used bitcoin as a financial benchmark. I can only hoping bitcoin can continues to giving good hope to many peoples and no one is harmed and still safe to using by everyone.
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jonnybravo0411
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August 27, 2017, 08:27:55 AM |
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No, I think in such a short period of time the entire population of the planet will not have time to learn about bitcoin. Now in our city, almost no one heard of him.
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cjrosero
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August 27, 2017, 08:33:36 AM |
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No, I think in such a short period of time the entire population of the planet will not have time to learn about bitcoin. Now in our city, almost no one heard of him.
i agree, but this will might happen maybe like 10 years from now and also when bitcoin will be legal in all over the world. i hope sooner good luck to us who holds bitcoin. |
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Cofee.BLUE
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August 27, 2017, 08:44:37 AM |
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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 almost all the people in the world will use bitcoin in 2022 is possible because bitcoin is a fast growing cryptocurrency and its popularization is widely spread together with its benefits and features around the globe. But it does not imply that bitcoin will crush or destroy the fiat system that the bank and government created. Cryptocurrencies actually are the innovation of real money wherein along with the modernization and rise of technology, people created a currency system that can be use online and not to create a currency that will crash the fiat system that have been established hundred or billion years ago. |
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crazyjack
Legendary
Offline
Activity: 1315
Merit: 1002
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August 27, 2017, 08:48:00 AM |
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All those future forecasts if BTC will survive or not, will it be still usable or not, makes me feel that users here don't actually live today rather for some unrealistic hope that might or may surely will never come. Live today. You never know if your future will come tomorrow.
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leea-1334
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August 27, 2017, 08:50:41 AM |
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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.
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. Yeah, and that is anyway not the purpose of Bitcoin. Paper money. And even metal money never meant to kill barter trade. Barter is still alive today in many societies. I am 110% sure fiat also still has its own uses and will be around for a very long time. I like fiat too, for convenience. I also like Bitcoin. They can coexist. Why not? |
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Dainye_dyep
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August 27, 2017, 09:19:25 AM |
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the correct answer is Maybe.
you can't say at this point what will happen in the future. but as far as speculation goes i think it can be used by many people but bitcoin will not replace fiat.
True, and fiat will remain and be use over again since it came first and it contributes already in different countty, but the thing is maybe bitcoin will still functional up to 2022 but speculation and different possibilities may happened in near future . In behalf of this opinion I can say that bitcoin will be used by most of the people in near future base on its Potentials and huge amount of profit that a person may obtain . |
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zekeshawn
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August 27, 2017, 09:20:44 AM |
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Maybe yes, Maybe no.. No one really knows! Its all up to the people if they want to use bitcoin since there are a lot of them that doesn't know about bitcoin or they heard about it but only the name and the value. What we need to do first is educate people what is bitcoin before letting them use it.
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Alpinat
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August 27, 2017, 09:22:04 AM |
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Well no, because for sure many people in the world will not know that bitcoin really exist, if you ask some people today they will just say that they are not know bitcoins yet., maybe 60% of the people will use but not all.
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Jeger
Jr. Member
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Activity: 56
Merit: 10
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August 27, 2017, 11:36:59 AM |
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I think so, as we are expecting another economy downturn. When people realise there is bitcoin that won't be affected by economic downturn then bitcoin adoption will go skyrocket as well as its price.
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Wesimon
Sr. Member
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Activity: 406
Merit: 250
https://gexcrypto.io
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August 27, 2017, 12:12:46 PM |
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We can notice how the transition of bitcoin's price within a short period of time. It's like almost every month there are changes that is happening to bitcoin. So we won't be surprised if this happen. But, as we all know this has to undergo a lot of process a detail by detail process to ensure if it is convinient for everyone regardless of individuals socio-economic status.
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yvesp110
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August 27, 2017, 06:24:26 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 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 Bitcoin can be used by everyone in the world but this is still not that much easy. Because there will always be the persons that will always oppose bitcoin. And will always try to stop bitcoin from progressing. I must tell you that still people hate bitcoin even with the fact that bitcoin is very positive thing that can help people worldwide with so many good features. But also that is always my effort that peoples like it because the famously of bitcoin is depend on us. |
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Biggapp
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August 27, 2017, 06:42:20 PM |
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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.
Your point is correct, we have to understand that in the total population of the world there are less than half of it which are not potential with this system. We have to fully understand that there are countries who poverty problem is huge and people in that country are not focus on the new technology, they are more focus in making a living with a less paying job, and that could maybe because of the corrupt politicians. With realistic approach, we come to this conclusion that world in not an ideal place where all people are living a happy life. There are so many countries that are underdeveloped and they are not even aware of laptops or computers, not even have slightest idea of internet. Only the developed countries by then will be using bitcoins. |
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Linuld
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August 27, 2017, 07:04:59 PM |
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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.
Your point is correct, we have to understand that in the total population of the world there are less than half of it which are not potential with this system. We have to fully understand that there are countries who poverty problem is huge and people in that country are not focus on the new technology, they are more focus in making a living with a less paying job, and that could maybe because of the corrupt politicians. With realistic approach, we come to this conclusion that world in not an ideal place where all people are living a happy life. There are so many countries that are underdeveloped and they are not even aware of laptops or computers, not even have slightest idea of internet. Only the developed countries by then will be using bitcoins. I think now 90% of the world know about The Internet and they are using it. Only some countries are facing this issue because of their poor economy. But we have many developed countries in this world still most of the people don't know what bitcoin is. This means Bitcoins need more publicity then only the users will increase. I doubt that in 2022 everyone will start t use Bitcoin. |
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man1996
Member
Offline
Activity: 84
Merit: 10
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August 28, 2017, 06:14:34 AM |
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5 to 6 years from now and we will see a big change .I guess everyone in the world will be using bitcoin in 2022.Also bitcoin is growing at a very fast rate.Moreover it is also safe and secure in terms of earning money n saving it.
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Viyamore
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August 28, 2017, 06:33:59 AM |
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5 to 6 years from now and we will see a big change .I guess everyone in the world will be using bitcoin in 2022.Also bitcoin is growing at a very fast rate.Moreover it is also safe and secure in terms of earning money n saving it.
I can't rely on the words that you said on safety and security because bitcoins are still in risk if you lose your private keys or you have send the amount to the wrong address to receive. In people to use bitcoins it is proven that 2022 is already a lot of changes in every country i think there is a bitcoin atms available. |
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Harlot
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August 28, 2017, 06:39:15 AM |
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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.
Your point is correct, we have to understand that in the total population of the world there are less than half of it which are not potential with this system. We have to fully understand that there are countries who poverty problem is huge and people in that country are not focus on the new technology, they are more focus in making a living with a less paying job, and that could maybe because of the corrupt politicians. With realistic approach, we come to this conclusion that world in not an ideal place where all people are living a happy life. There are so many countries that are underdeveloped and they are not even aware of laptops or computers, not even have slightest idea of internet. Only the developed countries by then will be using bitcoins. I think now 90% of the world know about The Internet and they are using it. Only some countries are facing this issue because of their poor economy. But we have many developed countries in this world still most of the people don't know what bitcoin is. This means Bitcoins need more publicity then only the users will increase. I doubt that in 2022 everyone will start t use Bitcoin. If not all people have access on the internet by now how can we expect all of them to know what Bitcoin is by 2022? I think the best thing we can do is wait for all of the world's population to have an access to a stable connection first before expecting all of them to use Bitcoin, because it will take years for people to know and fully adoapt to Bitcoin even if people haves access now people who are not technologically inclinced will consume a lot of time in order to use Bitcoin. And there are people who would still prefer other modes of payment like the traditional Fiat currency. |
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DevilSlayer
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August 28, 2017, 06:45:39 AM |
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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 bitcoin will not destroy the fiat currency because the purpose of the bitcoin is to easily make a payments and not to destroy the fiat currency. I think the bitcoin will be used by many citizens by 2022. |
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SushiMonster
Full Member
Offline
Activity: 306
Merit: 107
I'm going to eat your cookies
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August 28, 2017, 06:48:10 AM |
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it depends on how the government would react towards the legalization of btc on a country.
A lot of factors should be considered. I think it will be accessible by almost anyone who is inclined with the technology - but i don't believe that everybody can use btc.
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