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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169483 times)
co5hike
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September 09, 2016, 05:02:29 PM
 #841

As long as we as bitcoin holder keep our faith on bitcoin, it will happen.
More country will aware of bitcoin power and start accepting bitcoin worldwide. It really boost bitcoin market afterward !!

Higher adoption will take price to next level and we will see many more people and companies getting into bitcoins but I don't see that almost everyone will prefer to use it.
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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September 09, 2016, 08:09:53 PM
 #842

It's difficult, but it is quite possible,  if you see the development of  bitcoin an increasingly broad and  also has a high price  will keep everyone interested.
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September 10, 2016, 01:19:58 AM
 #843

It's difficult, but it is quite possible,  if you see the development of  bitcoin an increasingly broad and  also has a high price  will keep everyone interested.
It is not possible by 2022, that is too early that bitcoin will be use by almost everyone and I do not even think it will happen in the near future, people are getting used to using paper money and will not attempt to use bitcoin if they are not transacting online most of the time.

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September 10, 2016, 01:59:52 AM
 #844

It's difficult, but it is quite possible,  if you see the development of  bitcoin an increasingly broad and  also has a high price  will keep everyone interested.
Yeah its nearly possible as bitcoin price made its way to be known ,a big help for the new investors to see a big progress if they would invest .by that year 6 years alotment many possible things may happen ,we didn't really know .but as of now there's a commercials and movies that advertise bitcoins. In such modern technology,media and blogs many people tend to come up with it ,and by that time these advance technology will done a big part to the bitcoin popularity. As if they bitcoins earlier and how to use ,invest and earn that's a big factor that will help keep people interested.


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September 10, 2016, 07:47:09 PM
 #845

I think so, yes. Because globalization is definitely  occurring at a very fast rate right now, and bitcoin  will be the glue that sticks all countries together , in my opinion. Also people  will be trying to get out of the fiat  currencies they hold right now. They  lose faith in their governments  after a few economic crises . This will happen,  whether sooner or later.
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September 10, 2016, 10:33:33 PM
 #846

There is really no  way to tell whether  people will be using  Bitcoin at that time . I would think that some  people will be using  it and some would not, but things may change  with more time than that.
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September 10, 2016, 10:38:27 PM
 #847

I think, Bitcoin - dangerous for fiat milliarders... They can destroy bitcoin in 2017-2018 years... They can destroy BLOCHAIN of bicoin ...
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September 11, 2016, 01:37:15 AM
 #848

Certainly there will be a higher number  of people that will use bitcoin  in the future but i doubt  that it will be  used by everyone if you ask me,  a higher price will stimulate more people to join into  the bitcoin world but  not everyone will be using by 2022, I suppose.
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September 11, 2016, 02:26:07 AM
 #849

Certainly there will be a higher number  of people that will use bitcoin  in the future but i doubt  that it will be  used by everyone if you ask me,  a higher price will stimulate more people to join into  the bitcoin world but  not everyone will be using by 2022, I suppose.
Not everyone of course because bitcoin is not that popular that all the people are able to use bitcoin, this is only for people with the right knowledge in computer and internet as it is easy for us to comprehend compared to the majority of people who are under the poverty.

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September 11, 2016, 08:45:38 AM
 #850

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 it will not happen because many people still do not understand about bitcoin . And many people still do not know how to use gadjets therefore impossible to make it an international currency . And Fiat will not be replaced by any crypto currency because it is mainly used to buy the necessities in everyday living.


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September 11, 2016, 08:55:05 AM
 #851

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 it will not happen because many people still do not understand about bitcoin . And many people still do not know how to use gadjets therefore impossible to make it an international currency . And Fiat will not be replaced by any crypto currency because it is mainly used to buy the necessities in everyday living.




Yes fiat will always survive as people who are not aware about the latest technology or who are not interested in adopting it will always prefer to go with fiat currency or credit cards.

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September 11, 2016, 06:21:35 PM
 #852

Certainly there will be a higher number  of people that will use bitcoin  in the future but i doubt  that it will be  used by everyone if you ask me,  a higher price will stimulate more people to join into  the bitcoin world but  not everyone will be using by 2022, I suppose.
Not everyone of course because bitcoin is not that popular that all the people are able to use bitcoin, this is only for people with the right knowledge in computer and internet as it is easy for us to comprehend compared to the majority of people who are under the poverty.

It's quite possible for someone to build an ecosystem that meshes bitcoin with traditional banking so that payments resemble what most people are already familiar with. This could take the form of debit cards that have direct access to the blockchain, or a vendor that processes debit card transactions and then makes entries to the blockchain. So just because people currently have to be technically proficient to use bitcoin doesn't mean they will always have to be so.

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September 11, 2016, 06:59:18 PM
 #853

This is distant future. Maybe the world will be not existing by then anymore. Maybe another strong cryptocurrency will appear. Anyway, if Bitcoin survives and becomes officialy accepted with fiat currencies then it could only be stronger then now and accepted wordlwide by almost everyone.

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September 11, 2016, 06:59:38 PM
 #854

I don't think so, that it will happen in 2022, and that's because there are now still a lot of people  that don't even know what Bitcoin  is and how it works, and that's the problem.But maybe it will be also  more worth and that  many people are going  to use it, but you never know.
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September 11, 2016, 07:29:25 PM
 #855

I think so, yes. Because globalization is definitely  occurring at a very fast rate right now, and bitcoin  will be the glue that sticks all countries together , in my opinion. Also people  will be trying to get out of the fiat  currencies they hold right now. They  lose faith in their governments  after a few economic crises . This will happen,  whether sooner or later.

Globalization has been going on long before bitcoin, and bitcoin is by no means necessary for it to continue. You can't even argue that bitcoin would be a safe haven during financial crisis due to its speculative nature. Nobody is going to be investing in a speculative asset, or worse - using it to shelter wealth, when the traditional banking and economic systems are melting down. A global crisis sinks bitcoin and other cryptos faster than fiat. The only thing that might do well is physical safe havens, like gold and silver; things with a long history of holding value.

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September 11, 2016, 08:04:47 PM
 #856

This is distant future. Maybe the world will be not existing by then anymore. Maybe another strong cryptocurrency will appear. Anyway, if Bitcoin survives and becomes officialy accepted with fiat currencies then it could only be stronger then now and accepted wordlwide by almost everyone.

What you mean with "officially accepted with fiat currencies"? You mean when governments "accept" Bitcoin to operate on the same level as fiat? If that's it, then no. This will never happen. Governments will never allow something that has the potential to disrupt their way of operating the financial industry to come close to their so loved fiat money.
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September 11, 2016, 10:15:37 PM
 #857

As long as we as bitcoin holder keep our faith on bitcoin, it will happen.
More country will aware of bitcoin power and start accepting bitcoin worldwide. It really boost bitcoin market afterward !!

Higher adoption will take price to next level and we will see many more people and companies getting into bitcoins but I don't see that almost everyone will prefer to use it.

if almost everyone will be on bitcoin then there is no any doubt that almost everyone will prefer to adopt bitcoin for their purchases and transactions and almost all of the online businesses will be handled with bitcoin so as the future world will be mostly on online business so everyone will like it more.
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September 11, 2016, 10:54:42 PM
 #858

As long as we as bitcoin holder keep our faith on bitcoin, it will happen.
More country will aware of bitcoin power and start accepting bitcoin worldwide. It really boost bitcoin market afterward !!
I think even if we keep using bitcoin in the coming period until 2022. I'm sure users will not reach all the people. because it is an impossible thing to happen. but I believe users will definitely grow
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September 12, 2016, 12:44:35 AM
 #859

people underestimate the impact of a few years.   

but in this modern age, information and new technology spreads fast.

facebook and twitter both opened to the public less than 10 years ago, and now they have billions of users.     

the first iphone launched in 2007, now even 2 year olds have smartphones. And most people can hardly even remember there used to be a live before smartphones, while that very live was not even a decade ago!

Technology spreads fast, it's not 1500 anymore where it takes centuries for new technology to spread.
but the fact that bitcoin growth is slowing down in last two years i guess.
for example in my country the bitcoin active user are 0.5 % only of total population.
how good it is? not sounds good for me , 2022 is too soon.
bitcoin is definitely not slowing down right now, i think it is only growing and it will be huge in a few years, i hope the price will grow too

the failing development team is causing a bit of problems with adoption, because the current blocksize just can't handle the influx of many new users.

but even though adoption and price have been somewhat slow and nearly stagnant for the past year or two doesn't mean that we can still continue the exponential trend once the issues are resolved.

If you look at any adoption from any technology you will see it's always exponential.

So unless you think we will forever remain at 0,5% adoption rate, the growth will eventually pick up again, and when it does, it will not be a slow linear growth, but a fast exponential one. Because that's just how things have always been.
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September 12, 2016, 02:04:32 AM
 #860

As long as we as bitcoin holder keep our faith on bitcoin, it will happen.
More country will aware of bitcoin power and start accepting bitcoin worldwide. It really boost bitcoin market afterward !!
I think even if we keep using bitcoin in the coming period until 2022. I'm sure users will not reach all the people. because it is an impossible thing to happen. but I believe users will definitely grow
What I see about bitcoin is we are growing in terms of the volume of users and that is vital for the success of the future, but for 2022 it is not gonna be use by everyone because we are still young in the economy,  we need more popularity and support of the people.

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