WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?

[Md Saad]

it's difficult to predict. at first, you have to make sure that Bitcoin will long last until that day then people will use Bitcoin. but I believe that Bitcoin will last at least another 100 years so that from my observation is that almost half of the population in the world will use Bitcoin for their daily purpose or business. day by day Bitcoin is becoming a decent platform for doing business and a lot of people already have been engaged with this system. I also believe that Bitcoin will be the major currency in the global economic system in the future.

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[bassong]

The number of people using it by 2022 will be more than double compared with today, but it would still be only a relative fraction of normal currency users.

[Burks]

I don't think so. Bitcoin will be more popular by 2022 but it will not be used by everyone because of illiteracy, others don't have gadgets and internet access. Also, there are still a lot of people who are not aware of the existence of bitcoin. Anyway, it would be nice if it will be used by almost everyone in 2022.

Yeah your right bro,i don't think everyonein this world uses bitcoin by 2022.Because still many people don't know what is the bitcoin.And in many parts of the world no good internet access.I think 20% of world's population will start using bitcoinby 2022.

[josh07]

I think that's a mistake that you do not understand because there are so many obstacles like adults who can not compete with the new generation so it's possible to think that it's okay to be used to it because it's very difficult to meet the new generation ...

[resty]

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 many people interested to use Bitcoin everyday, in fact every now and then have additional users, they're hoping to have an additional income for the future of family and they immediately made an account to make an investment of bitcoin, however while they are continue using it and enjoying the strategy of investment and then eventually they discovered the lack of securities of their account, so the people uncomfortable of that situation and it might be the grounds of the other people quit. I think it can't happen for 2022 are almost everyone using Bitcoin

[lordquanta]

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 many people interested to use Bitcoin everyday, in fact every now and then have additional users, they're hoping to have an additional income for the future of family and they immediately made an account to make an investment of bitcoin, however while they are continue using it and enjoying the strategy of investment and then eventually they discovered the lack of securities of their account, so the people uncomfortable of that situation and it might be the grounds of the other people quit. I think it can't happen for 2022 are almost everyone using Bitcoin

* Bitcoin is not in position or power to destroy the banking system at least in near future. Period.
* As mentioned earlier a commodity which bitcoin has become is not harm banking which deals with currency. However bitcoin has potential to do so. That potentials is yet to be tapped correctly.
* Majority of people are using bitcoin for storing and not for purchase. The transaction happening against actual purchase is still low.

* Majority in community are not addressing elephant in the root. that is amount of energy footprint in mining bitcoins.

[White Christmas]

Bitcoin will more then likely won't destroy fiat , Banks and goverments will simply won't let us do that . They will even make their own crypto currencies but It won't be decentralized like Bitcoin because they like to control .

Now if we speak about the price , yes It's going to rise a lot and if we speak about the users then yes It will rise a lot too but "Almost everyone" ? probably not .

I agree. Bitcoin cant destroy the fiat. Even it has a high value still it wont happen because government wont let this. And when it comes to price as the time goes by bitcoinprice will continue increase it too but I think even in 2022 almost everyone will used it. Because it still depend on the people. As we know that eveb they know bitcoin today some still dont used it because they are not interested on it.

[2fresh]

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 many people interested to use Bitcoin everyday, in fact every now and then have additional users, they're hoping to have an additional income for the future of family and they immediately made an account to make an investment of bitcoin, however while they are continue using it and enjoying the strategy of investment and then eventually they discovered the lack of securities of their account, so the people uncomfortable of that situation and it might be the grounds of the other people quit. I think it can't happen for 2022 are almost everyone using Bitcoin

* Bitcoin is not in position or power to destroy the banking system at least in near future. Period.

I don't think it could ever accomplish that actually. Why would they let that happen? As last resort, they could even create laws that will make usage (like exchanging) of btc illegal or punishable.

[fasdorcas]

it's highly unlikely that one currency will be used internationally, what is more likely in my opinion, is that several thousands of additional (virtual) coins will be added and used by people. That has the benefit that a crisis wouldn't have a huge effect internationally, since things are not that interconnected anymore

It is likely going to happen as many theories that bitcoin will be used worldwide so it's essential that it will be used as world currency. Besides, there are conspiracies that bitcoin will be the one to use for the one world gov't currency and it's the currency that will be used for the cashless society, I'm lack of ideas with this but there's a possibility it will happen.

I don’t think so because of the current situation of bitcoins in the digital market, it will take some time to become a globally accepted virtual currency i.e. expected next 20-30 year. These days china has banned BTC and its transactions all over the country, there are chances that other countries also start banning BTCs that will cause fluctuations in the prices of bitcoins.

Very well said! I think it is not quite possible that everyone just start using Bitcoin and that too in such a short time period. Still there are so many who are unaware of this concept of digital currency.

It will take quite long time for everyone to know about this thing. Yes, there are very much chances that number of investors will definitely increase by 2022.

[Bolt Brownie]

Very well said! I think it is not quite possible that everyone just start using Bitcoin and that too in such a short time period. Still there are so many who are unaware of this concept of digital currency.

It will take quite long time for everyone to know about this thing. Yes, there are very much chances that number of investors will definitely increase by 2022.

I don't think the problem here is the "small" time window until 2022. Bitcoin is being talked all over the world now, so people are getting aware. The problem is that bitcoin is following the path of investment and not "common currency". The fees are just to high for common use right now. We are seeing merchants withdrawing from bitcoin and not getting into it, simply because it's to expensive to maintain a business like that, when they can do the same with paypal for example.
I'm sure investors will continue to come, because the use of bitcoin as "gold" is getting popular though. If the time of transactions is solved, and the fees drop, then we will a lot of people using BTC in 2022.

[Colt22]

In my own opinion, i don't think so, there are places that are hard to reach by electricity and computer technology, We need to consider some factors which affects them to locate, Maybe not early as 2022,  Or some other century maybe, and if ever it happens all of the places are equiped with computer gadgets and connections to sustain the consistency of transactions anywhere we go.

This is very much difficult to convince the ones who don’t believe in Bitcoin to come and invest in Bitcoin. Moreover, there are still so many who even don’t know about what digital currency is. It is very much difficult to say this thing that Bitcoin will be used by almost each and everyone in such a short span of time.

[BUK2016]

Certainly I don't believe such a thing will happen by 2022 of people who don't know how to read and write let alone operating computer or highly advance cell phone.

[PokerFace3]

The number of people using it by 2022 will be more than double compared with today, but it would still be only a relative fraction of normal currency users.

Bitcoin will terminate the fiat system. It may not the coin itself but the concept of digital currencies is a very powerful one. With the growing technology, everyone wants to do all tasks with the help of gadgets that simplify their work. Digital currencies are more easy to use than fiat and bitcoin is the best one. Once accepted everywhere, the use of fiat will start decreasing.

[samputin]

Yeah!, I think so! Because bitcoin become more poplar when the time passed by. And I believe in 2022 a lot of people used bitcoin as thier regular currency for everyday life because i believe in that year. It will have a market that accept bitcoin and also a bank for bitcoin. For the proof that it is possible theres a list of country that accept and make a bitcoin as thier local/regular currency and they have also a markets and banks that accept bitcoin for payment and not only market and banks they have also different stablishesments that accept bitcoin and many more..

[Mr.John19]

I think Maybe, it depends on the value of the bitcoin and the situation of future bitcoin, if ever the value of the bitcoin is continuous high and the government will allow the bitcoin, and banks are adapting the system of the bitcoin. We cannot predict what happens to the future, we have only trust and share other people the important of the bitcoins and don't allow anyone to destroy the bitcoin.

[KingOfWinterfell01]

This is a strong point to ponder on considering how strong and how much attention bitcoin is getting nowadays. Most probably, in my most amateur opinion, bitcoin will overtake fiat by 2022. I'm reading from news that bitcoin is starting to grow exponentially as compared to the latter years. When there is growth, there's definitely competition. When there's competition, something is bound to lose including paper money and fiat. Let's watch out how will bitcoin proceed.

[bitblackred]

Very well said! I think it is not quite possible that everyone just start using Bitcoin and that too in such a short time period. Still there are so many who are unaware of this concept of digital currency.

It will take quite long time for everyone to know about this thing. Yes, there are very much chances that number of investors will definitely increase by 2022.

I don't think the problem here is the "small" time window until 2022. Bitcoin is being talked all over the world now, so people are getting aware. The problem is that bitcoin is following the path of investment and not "common currency". The fees are just to high for common use right now. We are seeing merchants withdrawing from bitcoin and not getting into it, simply because it's to expensive to maintain a business like that, when they can do the same with paypal for example.
I'm sure investors will continue to come, because the use of bitcoin as "gold" is getting popular though. If the time of transactions is solved, and the fees drop, then we will a lot of people using BTC in 2022.

Yes Bitcoins will be definitely used by almost everyone in year 2022 because now a days Bitcoins are getting more and more popularity just because of its unstoppable increasing price there for in 100% sure that BTC will be used by everyone in year 2022.

[PokerStein1]

I think Bitcoin is not going to be a payment method for small purchases. Bitcoin will remain as store of value and payment method for big purchases like cars houses or luxury yachts. Litecoin and Ethereum based smart contract projects going to be used for small purchases or everyday transactions.

[Akash1243]

Well I don't think so that by 2022 almost everyone would use bitcoins as  bitcoins are still in kind of developing stage and there are many people who don't even know about bitcoins.Also that many countries haven't yet legalised bitcoins so first if all the countries had legalised bitcoins by 2020 then it maybe possible that everyone would use bitcoins even then the chances will be low as people would think bitcoins as only an investment because of its volatile nature, also that bitcoins are not suitable for small transactions because of the transactions fees around $4 to $5.

[Yatsan]

Well I don't think so that by 2022 almost everyone would use bitcoins as  bitcoins are still in kind of developing stage and there are many people who don't even know about bitcoins.Also that many countries haven't yet legalised bitcoins so first if all the countries had legalised bitcoins by 2020 then it maybe possible that everyone would use bitcoins even then the chances will be low as people would think bitcoins as only an investment because of its volatile nature, also that bitcoins are not suitable for small transactions because of the transactions fees around $4 to $5.

For me it depends because the bitcoin users as of now are less than 1% of the world population so I think by 2020 it is not "all" But I think the most of people have gadgets and internet can access or rather using the bitcoin. But not all maybe 10 years more for all people have gadgets and internet to access it.