WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?

[greBit]

As Internet and email destroyed work of post offices about letters sending as Bitcoin will destroy banks system about using money. That is my opinion. And I'm pretty Shute that it is going to be as u say - bitcoin or maybe any other of crypto currency will be used mostly by people.

The banks are not used to send money. They provide borrowing and lending service. With bitcoin, they will make more money.

You mean to say you cannot transfer money overseas from the banks? No mate you can send and receive money in the form of telegraphic transfers and wire transfers, but charges are too high.

[1715076472]

1715076472

[1715076472]

1715076472

[1715076472]

1715076472

[Asnatin]

As Internet and email destroyed work of post offices about letters sending as Bitcoin will destroy banks system about using money. That is my opinion. And I'm pretty Shute that it is going to be as u say - bitcoin or maybe any other of crypto currency will be used mostly by people.

The banks are not used to send money. They provide borrowing and lending service. With bitcoin, they will make more money.

You mean to say you cannot transfer money overseas from the banks? No mate you can send and receive money in the form of telegraphic transfers and wire transfers, but charges are too high.

The main benefit for using banks is to save and borrow for me. I rarely send money. But it is good to send money with bitcoin myself.

[mindrust]

Don't think so. While bitcoin is known widely around the world, people use it mostly for pump&dump activities. There are so little people who use bitcoin as a currency to buy stuff. That's because merchants don't like volatility of bitcoin.

For example, this forum asks 50btc for VIP Membership. 50btc used to worth so little back then. Now it is more than 30k$. Would anybody pay that now? Nope.

[bitcoinisfurture]

It will never happen due to simple reason that bitcoin price is not stable. Secondly all countries have different policies towards it. When the world of each country have thier own currency this will not happen as it will become the currency of the world where every start accepting it.

[jamesl22]

It will never happen due to simple reason that bitcoin price is not stable. Secondly all countries have different policies towards it. When the world of each country have thier own currency this will not happen as it will become the currency of the world where every start accepting it.

Exactly this is really difficult to imagine that everyone will start using it, I will be much glad even all of them gets aware about bitcoin as even that is unlikely to happen.

[mobilestrike]

I think at that time the world will be a more modern and the people of it will prefer advanced technology and will prefer digital system of business so at that time we can say that everywhere there will be the use of bitcoin.

[co5hike]

I think at that time the world will be a more modern and the people of it will prefer advanced technology and will prefer digital system of business so at that time we can say that everywhere there will be the use of bitcoin.

People will be tcch advanced by that time for sure but there will be many people who will like to keep it simple and may not be aware about the technology and they will not care about bitcoin.

[agustina2]

I think at that time the world will be a more modern and the people of it will prefer advanced technology and will prefer digital system of business so at that time we can say that everywhere there will be the use of bitcoin.

2022 is just 6 years from now. First of all some countries in the list of third world countries even for decades, they cant much improved their technology in just a short period due to major factors and that will include the use of blockchain technology which bitcoin is using.

[Ziskinberg]

I think at that time the world will be a more modern and the people of it will prefer advanced technology and will prefer digital system of business so at that time we can say that everywhere there will be the use of bitcoin.

2022 is just 6 years from now. First of all some countries in the list of third world countries even for decades, they cant much improved their technology in just a short period due to major factors and that will include the use of blockchain technology which bitcoin is using.

Of course not gonna happen, 2022 to get massive adoption was just too unrealistic. We need to help more spread the good news of bitcoins to attract more users and we know that not all are comfortable in using computer to transact so it would be a hard time to educate them and to convince them.

[wuvdoll]

As Internet and email destroyed work of post offices about letters sending as Bitcoin will destroy banks system about using money. That is my opinion. And I'm pretty Shute that it is going to be as u say - bitcoin or maybe any other of crypto currency will be used mostly by people.

The banks are not used to send money. They provide borrowing and lending service. With bitcoin, they will make more money.

Yes, the job of banks are not only sending and receiving money for people, and also not only provide borrowing and lending service, but it has a vast field of work in financing of the state and for the organizations of the country.

[randy8777]

I think at that time the world will be a more modern and the people of it will prefer advanced technology and will prefer digital system of business so at that time we can say that everywhere there will be the use of bitcoin.

2022 is just 6 years from now. First of all some countries in the list of third world countries even for decades, they cant much improved their technology in just a short period due to major factors and that will include the use of blockchain technology which bitcoin is using.

Of course not gonna happen, 2022 to get massive adoption was just too unrealistic. We need to help more spread the good news of bitcoins to attract more users and we know that not all are comfortable in using computer to transact so it would be a hard time to educate them and to convince them.

a very important thing to why people still are somewhat hesitating to give bitcoin a chance, is the fact that you need to verify yourself with many documents in order to make use of an exchange. the average people see this as a big hassle, and also they don't really feel comfortable handing over all important information about themselves to exchanges. and that's just one of the several reasons.

[Jmild1]

It will never happen due to simple reason that bitcoin price is not stable. Secondly all countries have different policies towards it. When the world of each country have thier own currency this will not happen as it will become the currency of the world where every start accepting it.

I agree, bitcoin's volatility is one of the reason why bitcoin won't be use widely all-over the world. People who see that one's value is keep on changing in a short period time will make them avoid to invest on it because it might make them lost their profit.

[agustina2]

It will never happen due to simple reason that bitcoin price is not stable. Secondly all countries have different policies towards it. When the world of each country have thier own currency this will not happen as it will become the currency of the world where every start accepting it.

I agree, bitcoin's volatility is one of the reason why bitcoin won't be use widely all-over the world. People who see that one's value is keep on changing in a short period time will make them avoid to invest on it because it might make them lost their profit.

That price volatility in bitcoin is the thing that wants by those traders out there because simply they can earn thru price fluctuations.

For currency users, they don't want the bitcoin price to fluctuate much since they are regularly using it for usual thing that can be done on fiat transactions.

[Seansky]

It is possible but the chance of it happening would be lower than 1%. For now many do not turn to bitcoin because it's price goes up or down frequently that the ordinary fiat users who uses fiat to buy daily don't like. I guess if that is still happening by 2022 they will not like it so they will not use bitcoin.

[Supercrypt]

As Internet and email destroyed work of post offices about letters sending as Bitcoin will destroy banks system about using money. That is my opinion. And I'm pretty Shute that it is going to be as u say - bitcoin or maybe any other of crypto currency will be used mostly by people.

The banks are not used to send money. They provide borrowing and lending service. With bitcoin, they will make more money.

I also agree with you, the banks should have to adopt bitcoin, as with bitcoin everyone is making money even a large number of online companies are also making a good profit from adopting bitcoin, the banks wil also make a good profit from accepting bitcoins for their deposit/withdraw functionalities.

[opossum]

Well man I think it is possible but the chance of it happening would be lower than 1%. For now many do not turn to bitcoin because it's price goes up or down frequently that the ordinary fiat users who uses fiat to buy daily don't like. I guess if that is still happening by 2022 they will not like it so they will not use bitcoin.

I don't understand what is the meaning of saying that its possible and chances are less then 1%, simply say that it is impossible that everyone will start using it by then, as 1% of users will not impact the price of bitcoins.

[Oralmat]

As Internet and email destroyed work of post offices about letters sending as Bitcoin will destroy banks system about using money. That is my opinion. And I'm pretty Shute that it is going to be as u say - bitcoin or maybe any other of crypto currency will be used mostly by people.

The banks are not used to send money. They provide borrowing and lending service. With bitcoin, they will make more money.

You mean to say you cannot transfer money overseas from the banks? No mate you can send and receive money in the form of telegraphic transfers and wire transfers, but charges are too high.

As you mentioned the transfer of money from overseas is possible but it involves a lot of charges. Bitcoin solves this issue with zero transaction fee.

[Woshib]

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.

It's possible, but I do not think Bitcoin is powerful enough to convince everyone to drop the banks and currencies.
But it's still a possibility.
It must first attract investors for the price of Bitcoin increase.

[el kaka22]

As Internet and email destroyed work of post offices about letters sending as Bitcoin will destroy banks system about using money. That is my opinion. And I'm pretty Shute that it is going to be as u say - bitcoin or maybe any other of crypto currency will be used mostly by people.

The banks are not used to send money. They provide borrowing and lending service. With bitcoin, they will make more money.

You mean to say you cannot transfer money overseas from the banks? No mate you can send and receive money in the form of telegraphic transfers and wire transfers, but charges are too high.

He does not means that banks are unable to send and receive money overseas or in the country, but he mean that the duty of bank is not only to send and receive money but lending also and borrowing money to people also.

[Qunenin]

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.

It's possible, but I do not think Bitcoin is powerful enough to convince everyone to drop the banks and currencies.
But it's still a possibility.
It must first attract investors for the price of Bitcoin increase.

It is not a sudden process that the people stop using banks and move towards bitcoins. It is slow progress method and slowly bitcoin will take over banks by making bitcoins more popular and banks less popular over a period of decade.