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Endikadija (OP)
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March 30, 2016, 04:48:50 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.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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OmegaStarScream
Staff
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Activity: 3472
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March 30, 2016, 04:58:02 PM |
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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 .
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Endikadija (OP)
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March 30, 2016, 05:04:49 PM |
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So we have to collect as many coins as we can and save them?
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lolxxxx
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March 30, 2016, 05:06:53 PM |
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if this happens the banks will be destroyed first of all they wont let us to do so and the government they will allow bitcoin to be used as dollar.Bitcoin will not be used by everyone in 2022 even not till end . So we have to collect as many coins as we can and save them?
yes you should save your coins because its price is going to increase and its getting popular every day. |
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hasiramasenju
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March 30, 2016, 05:13:40 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.
bitcoin will not destroy the fiat also bank will still exist because government always be supported bank although bitcoin will more popular i don't think bitcoin will conquer the world by destroy fiat and banks because government won't let it happen |
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OROBTC
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March 30, 2016, 05:39:23 PM |
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...
Will BTC be used by almost everyone in 2022?
Nope. I know very few "Millennials" who use it, yet they are the most connected people around. There is no way that my Boomer generation will adopt BTC as is, it's just too complicated and clumsy. "Not ready for primetime."
There are not enough merchants who accept it. In my eyes, this is perhaps the major stumbling block.
There is ALWAYS the possibility of unknown types of future attacks (of various sorts) against the Bitcoin Ecosystem.
BTC is too volatile for mass use.
While I wish BTC well (and have a nice little stake), I think it will move slowly.
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Bitinity
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March 30, 2016, 05:40:20 PM |
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Although bitcoin will be used by 90% or even more people all over the world, I'm sure it wont destroy FIAT. Most countries will still use fiat as their official currency/payment method instead of btc.
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KoinKartel
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March 30, 2016, 05:41:54 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.
Bitcoin won't destroy the Fiat system. The Fiat system will destroy the Fiat system. What most people aren't aware of is that the government can easily adopt some form of blockchain technology, create an alternative cryptographic currency, and then name that currency The United States Dollar. They own the rights to that name, and so can easily scrap the fiat system in favor of a blackchain based alternative. So in the years to come, the entire US population may end up using some version of a national crypto currency without even knowing it. Whether this currency will be Bitcoin, or something else, I'm not entirely sure - but I do see the global economy heading toward blockchain adoption. The only alternative is complete financial devastation, caused by repeated rounds of "Quantitative Easing" that has caused the dollar to lose 99% of it's value over the last 100 years, thereby depleting the worth of an entire nation's savings... which has brought about a complete lack of a capacity for the government to repay national debt. In the long run, this financial crisis is only going to get worse, unless the system is completely overhauled... And the only mechanism in existence today that is capable of acting as an alternative to the current financial system is the Blockchain |
Koinkartel.com (http://koinkartel.com)
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ultimatesky
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March 30, 2016, 05:45:47 PM |
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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.
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RealPhotoshoper
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March 30, 2016, 05:51:03 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.
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. |
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RoommateAgreement
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March 30, 2016, 05:53:31 PM |
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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.
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Buying the dip...
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Mr.grin
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Activity: 1218
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March 30, 2016, 05:56:24 PM |
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yes, I believe in 2022 bitcoin has been used by everyone in the world, I think bitcoin will be issued a debit card that makes the wearer more simple and easy and the price of bitcoin at that time already very high
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Amph
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March 30, 2016, 06:34:49 PM |
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better to stay with the prediction of satoshi, so i would postpone it to 2028, 5-6 years are probably not enough for a great adoption, 10 years is a better time frame for it
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tifossi
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March 30, 2016, 06:38:44 PM |
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I think no. Because most country's and banks are not interested in anonymity payments.
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n691309
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Activity: 1526
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March 30, 2016, 06:59:10 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.
2022 is not far from now, it is only 6 years and can't happen miracles. Ask yourself is cash used by everyone? No it isn't, so don't think that bitcoin will be either. I believe that the number of bitcoin users will be increased but not being used by everyone. |
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Endikadija (OP)
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March 30, 2016, 07:03:23 PM |
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I saw a documentery and it said that a lot of banks are emrrasing with bitcoin. For example bank of germany and bank of belgium.now they are expectin for the bank of croatia and itally
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SquallLeonhart
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March 30, 2016, 07:09:42 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.
2022 is not far from now, it is only 6 years and can't happen miracles. Ask yourself is cash used by everyone? No it isn't, so don't think that bitcoin will be either. I believe that the number of bitcoin users will be increased but not being used by everyone. Yeah we can expect rapid growth in adoption but its difficult to believe that it will be used by everyone, as honestly I feel that is simply impossible. |
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knowhow
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March 30, 2016, 07:15:44 PM |
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Bitcoin wont destroy the fiat system,governements and banks will join their power to wont let that happen.Bitcoin mass adoption looks too short,there are several poor countries ,soo bitcoin wont achieve those areas,but being used by almost all i believe its possible on the next 20 years,as the industry and big companies start to work with bitcoin.
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onealfa
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March 30, 2016, 07:16:28 PM |
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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
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Raimonn
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Activity: 1456
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March 30, 2016, 07:25:39 PM |
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In my opinion bitcoin will not be used for everyone, in any year. It could be a good money system accepted on lot of countries, but people doesn't want to have only one option.
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