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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169483 times)
neochiny
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May 15, 2016, 10:20:24 AM
 #321

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 wont be able to destroy fiat money but it might be able to surpass it but it wont
be happening in 2022 it my opinion bitcoin still has lot of problems that people and investors
are scared about but once bitcoin overcome that problems bitcoin will be able to rise faster
than ever.

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May 15, 2016, 10:25:37 AM
 #322

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 wont be able to destroy fiat money but it might be able to surpass it but it wont
be happening in 2022 it my opinion bitcoin still has lot of problems that people and investors
are scared about but once bitcoin overcome that problems bitcoin will be able to rise faster
than ever.

Yeah the basic thing would be people should have faith in bitcoin and it capabilities, and once it is achieved then it will be used by majority of the people worldwide.
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May 15, 2016, 08:48:37 PM
 #323

I don't know, maybe in 2020 or 2018 will be the end of bitcoin? Who knows? I think that if bitcoin will work like this, people will join bitcoin more and more.

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May 15, 2016, 08:53:51 PM
 #324

Probably but you never know what will happen, banks will never disappear
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May 15, 2016, 09:16:09 PM
 #325

Nope it think, cause it is like paypal, most of the people dont use paypal, paypal is release in 2003 but not every one is using it

But people will ask you: "Why do I need bitcoin?" When I want to pay something online then I can use paypal.

Well, at the end there is a reason for handling it that way. When I check out the private exchangers in my country on localbitcoins then it seems trading stopped completely and the last one offering sells his bitcoin for moonprices.

Great times for bitcoin exchanges it seems. Though using paypal is way more easy than that.

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May 15, 2016, 09:19:26 PM
 #326

Probably but you never know what will happen, banks will never disappear

Yeah even if bitcoin gets on the mainstream and majority of people start using it there is no scope for banks to disappear as people still have more faith in traditional banking system.
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May 16, 2016, 12:19:44 AM
 #327

Nope it think, cause it is like paypal, most of the people dont use paypal, paypal is release in 2003 but not every one is using it
yeah it is because many people have not been incorporated in the internet. many people are still blind to the internet and they will not know about paypal or bitcoin. not for the past decade

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May 16, 2016, 07:27:19 AM
 #328

Nope it think, cause it is like paypal, most of the people dont use paypal, paypal is release in 2003 but not every one is using it

what you are talking about, most fo the people actually use paypal, paypal users is 300M around the worl, 1/25 of all the people around the world

if you remove those that are in poverty this is a 10% of all the other at least, if bitcoin was to be adopted at this rate, the market cap woudl be huge
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May 16, 2016, 03:21:57 PM
 #329

The year 2022 is too soon for bitcoin to have any widespread use.  There will be less that 1% of people in the world using bitcoin well after 2022.
yeah I agree with you this time bitcoin users can still be said to be less than 10 million users. while the world community of more than 2 billion people. so bitcoin is still not so popular in the world. proved that the user is still very little
need more time so bitcoin could become popular and mainstream
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May 16, 2016, 03:51:12 PM
 #330

The year 2022 is too soon for bitcoin to have any widespread use.  There will be less that 1% of people in the world using bitcoin well after 2022.

Well, who knows ? I think in 2022 more people will use bitcoin, not everyone but maybe around 20-30% of all people around the world. It's hard to make everyone use bitcoin.
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May 16, 2016, 03:54:34 PM
 #331

The year 2022 is too soon for bitcoin to have any widespread use.  There will be less that 1% of people in the world using bitcoin well after 2022.

Well, who knows ? I think in 2022 more people will use bitcoin, not everyone but maybe around 20-30% of all people around the world. It's hard to make everyone use bitcoin.

Yeah its difficult to expect that everyone would be using it, but the market cap of bitcoin will be much higher in next 5 years which can led to higher price of bitcoin.
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May 16, 2016, 03:58:40 PM
 #332

if bitcoin prices rise very high, at least above $1000 and also some country have legalized bitcoin. there is no doubt I think it will be a lot of people using bitcoin.



it was 1200 back then and there were not a lot of people using it, in fact the % was even smaller than what it is now

adoption make the value not the opposite

but in fact when in 2013 the price reached $1000 more, bitcoin users increased enough. although not too much, because bitcoin is still too early.
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May 16, 2016, 04:20:39 PM
 #333

It is about acces to internet,but my answer is no,maybe untill 2030 is more possible and realistic

 
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May 16, 2016, 04:38:42 PM
 #334

It is about acces to internet,but my answer is no,maybe untill 2030 is more possible and realistic
Yeah by 2030 everyone in the planet should have access to the internet, even in the most poorest countries people have those old ass nokia smartphones, and by owning an smartphone, you are already a bank thanks to bitcoin, so everyone will be part of the new global economy.
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May 16, 2016, 05:19:00 PM
 #335

It is about acces to internet,but my answer is no,maybe untill 2030 is more possible and realistic
Yeah by 2030 everyone in the planet should have access to the internet, even in the most poorest countries people have those old ass nokia smartphones, and by owning an smartphone, you are already a bank thanks to bitcoin, so everyone will be part of the new global economy.


technically you need only a phone that supports SMS, not even internet. Not even a smartphone at all.

any mobile phone i know of supports SMS, even really old ones.
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May 16, 2016, 05:56:14 PM
 #336

Nope it think, cause it is like paypal, most of the people dont use paypal, paypal is release in 2003 but not every one is using it
The main similarity between those two is that they are both in virtual life, however bitcoin has much less limitations of usage.

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May 16, 2016, 06:04:23 PM
 #337

Nope it think, cause it is like paypal, most of the people dont use paypal, paypal is release in 2003 but not every one is using it
The main similarity between those two is that they are both in virtual life, however bitcoin has much less limitations of usage.
Also bitcoin still have lw security and you have no power to reverse or to start dispute just like paypal..
People are now thinking too much because many people are affraid about scam and hacking thats why they are going back again at paypal instead..
If bitcoin have reversible payment or you can start a case.. maybe more people will be attract at bitcoin again.. and they will be had no fear of there self to collect bitcoin or to save it...

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May 16, 2016, 06:06:39 PM
 #338

No, I think this will not happen because not everyone in this world has internet connection or electricity and not all people will believe in bitcoin and use it as money
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May 16, 2016, 07:40:23 PM
 #339

Yes, it is important to know that we can not expect bitcoin be fiat so everyone will not use it in that time.

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May 16, 2016, 10:52:43 PM
 #340

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 is one of currency we should to believe on that, if we believe it then banking system also include it,I am agree and everybody should agree with you for your nice answer, "that bitcoin will bit all currency".
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