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chaosknight
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March 30, 2016, 08:23:21 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.
Yes people who are used to credit cards or fiat they will use that and not bitcoins no ones wants to experiment with their money and spendings. |
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drinksyourmilkshake
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March 30, 2016, 08:24:42 PM |
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By then Lightning network should be up and running so I see it as a certainty.
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co5hike
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March 30, 2016, 09:15:47 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.
Yes people who are used to credit cards or fiat they will use that and not bitcoins no ones wants to experiment with their money and spendings. That's true and we will see bitcoin getting more popular in future but it doesn't mean that people will only use bitcoin and everyone would be holding it, that is impossible I guess. |
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alani123
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March 30, 2016, 09:21:28 PM |
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The following months will be crucial for bitcoin, if SegWit is successful at increasing capacity limits then it's likely to get implemented and allow bitcoin be used more, that doesn't guarantee adoption though.
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The Sceptical Chymist
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March 30, 2016, 11:36:28 PM |
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I highly doubt it. Nor will we have flying cars in 2022.
Bitcoin needs to be stable, for one thing. If things are to be priced in btc (and not USD or whatever else), the price can't be swinging like it has been. And the average Joe needs to understand it a bit more--what a wallet is, what all those letters and numbers are, etc. And confirmation times. Ugh. That was a huge thing during that stress test. I had btc in transit that was sent back whence it came, and that should not happen. So no, I don't think bitcoin's going to be widely adopted by then. And that's only 6 years away.
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Wapinter
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Activity: 2632
Merit: 1026
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March 30, 2016, 11:48:09 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.
Only about 42.4% of the world's population uses the Internet.Bitcoin needs internet to work.I dont think there will be 100% people using internet in 2022 because a lot of third countries are lagging behind in basic infrastructure.Without internet,how can everyone be able to use bitcoin? |
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ronaldinho_07
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March 31, 2016, 12:44:17 AM |
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Well the equipment should be provided by big countries and well bitcoin can be used to send money to that places to family,the same way as wester union.
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Zuminest
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March 31, 2016, 05:30:19 AM |
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by 2022 we may see bitcoin emerging as the currency of global e-commerce due to its lack of cross-border fees and the opportunities it represents for the developing world..
bitcoin will speed the adoption and expansion of access to international shopping based on the ease with which it can be implemented and lack of current competing solutions..
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nostal02
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March 31, 2016, 06:04:46 AM |
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Yes bitcoin will be used by most people around the world by 2022,we are steadily increasing with the number of users day by day so no doubt about it 2022 many will join bitcoin.
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pooya87
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March 31, 2016, 06:14:27 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.
nothing is certain but i think almost everyone by 2022 is a big number that we are not going to see. since bitcoin is a global currency a lot of countries might never even let bitcoin be regulated in their country (it might be used by people but no businesses) and a lot other people will still stick to fiat, and maybe by then some other altcoins. |
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redsun114
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March 31, 2016, 07:54:08 AM |
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Yeah, there will be a lot of changes to occur in 2022, the fiats will be restricted to the pockets only if someone has it, the local small shops will also adopt the digital system of payment and bitcoin will have its great fame.
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1Referee
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March 31, 2016, 07:58:08 AM |
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No, because Bitcoin is just an alternative to all kinds of fiat currencies around the world. Some people may like it and give Bitcoin a fair chance, and the others simply aren't interested in Bitcoin. We have to accept that. Beside that, the time frame is way too short for that. If we at some point in the future can get 100-200 million people around the world to use Bitcoin, then it's an extraordinary achievement.
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poptok1
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March 31, 2016, 08:12:33 AM |
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No, because Bitcoin is just an alternative to all kinds of fiat currencies around the world. Some people may like it and give Bitcoin a fair chance, and the others simply aren't interested in Bitcoin. We have to accept that. Beside that, the time frame is way too short for that. If we at some point in the future can get 100-200 million people around the world to use Bitcoin, then it's an extraordinary achievement.
Im in agreement with You. No virtual chance for more than 200 million people till 2022. One may think that 6 years is a lot of time where in fact its just like blink of an eye. Huge numbers of people are just to lazy/busy for learning new stuff. Some are just to stupid. Lets face it crypto world is a bit complicated, clouded by uncertainty etc for masses to appreciate this great new possibility for global village. Some will accuse cryptos of being a tool for NWO and stuff like that. |
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alisafidel58
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March 31, 2016, 08:30:26 AM |
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Yeah, there will be a lot of changes to occur in 2022, the fiats will be restricted to the pockets only if someone has it, the local small shops will also adopt the digital system of payment and bitcoin will have its great fame.
I also want this to happen in 2022 so that bitcoin can be used offline and that would really be a good thing to bitcoin user around the world. |
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Kartikay
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March 31, 2016, 08:39:27 AM |
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The still nascent stage of bitcoin in industrialized markets means that it is too early to expect a substantial uptake in developing countries anytime soon. But its potential to disrupt finance and make an impact on development are huge.And 2022 is very soon for bitcoin to be used by everyone.
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Ardenyham
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March 31, 2016, 09:53:04 AM |
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That's hard to tell from now, IMO bitcoin is getting mainstream and keeps getting additional support and people in it, I think by around 10-20 years it will be a top currency and perhaps it can replace USD but you can't easily.
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Mr. Big
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March 31, 2016, 01:25:35 PM |
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No, not by everyone...bitcoin might go mainstream in the coming years, and be known by many, but I don't think that it will destroy the fiat system..Banks won't just let it happen...
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torrentheaven
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March 31, 2016, 01:29:34 PM |
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No, not by everyone...bitcoin might go mainstream in the coming years, and be known by many, but I don't think that it will destroy the fiat system..Banks won't just let it happen...
That's true banks will never support bitcoins in future too, and I don't see that everyone will be holding bitcoin by that time as majority of people will prefer to use fiat. |
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harizen
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March 31, 2016, 01:38:17 PM |
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Not by everyone and that is obvious. Bitcoin transactions can only be done electronically and online. That is not possible in some part of the globe.
But the numbers will really increased by 2022 or even at this year that is sure.
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pereira4
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March 31, 2016, 02:04:08 PM |
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By 2022 Lightning Network will be operative at full speeds and we will be able to send transactions all over the world for super cheap fees and instantly. Only idiots will still be using alternative ways to send money from A to B.
Also only idiots will not have some BTC to diversify their Gold with. In fact, anyone that's smart should be moving more wealth from gold and other commodities to Bitcoin.
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