Dudeperfect
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August 01, 2016, 04:22:39 AM |
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I don’t think bitcoin will destroy fiat. In 2022 almost major large of transactions would take place using digital wallets (I’m not saying bitcoin wallet), and we might see some major players like paypal, amazon would allow payments in bitcoin so definitely bitcoin will be in mainstream factor in global economy but it won’t destroy fiat neither will create threat for it if we are talking about period of next 10 years.
Yes the basic traditional way of transaction (i.e - cash) will slow down and people will start using digital payments but it would be overrating if I say, everyone would be using just bitcoins.
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arwin100
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August 01, 2016, 04:36:41 AM |
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Not almost everyone but merely 98% is using bitcoin on that year.because in this era we are living technology is rising,and by the help of this bitcoin will be more popular in every year that will past.
I think that's too much. the current bitcoin users may not be more than 2% of world population. if the user bitcoin is big enough today. maybe now you can see many traders around you who will accept bitcoin? but the reality is not. bitcoin users still quite a bit and you can see the very rare people who accept bitcoin It will depend on how people talk it by mouth and spread the words about bitcoin and also depneds on organisation,media and big businesses if they will accept bitcoins and advertise it on general public well in that case bitcoin would provably be used by majority of public in year 2020, But if this current state for bitcoin will be implemented? Well i dont think it will be happening since their are various countries banned bitcoin for their usage since they know bitcoin in illegal ways.
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TheGodFather
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August 01, 2016, 04:40:38 AM |
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I think that bitcoin will be in used in 2022. The thing is, there's no way to be certain that bitcoin will be used by almost everyone in 2022.
And also, add the possibility that, will bitcoin still alive at 2022 ? What if bitcoin is now on the lowest currency when 2022 arrives ? Do you still think bitcoin is always on the top ? How about another cryptocurrency replaces bitcoin place ? There is no permanent in this world and we know that bitcoin is such a big profit if you hold it very carefully. But the problem is maybe, if all the blocks has been mined, there is no possibility that bitcoin will be dumped if that will happen.
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Alubert
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August 01, 2016, 08:08:48 AM |
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I think no more than 5 million people in the world will use the bitcoin regularly in 2022. The block size is too small.
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Hirose UK
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August 01, 2016, 09:51:46 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.
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 I think so. government will not let us destroy fiat and bank by bitcoin. probably goverment will accept bitcoin as legal currency like Japan did. and if this would happen, some stuff or systems would change. but not all government will accept bitcoin like Japan did. IMO
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Superbitzz
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August 01, 2016, 04:45:21 PM |
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I think no more than 5 million people in the world will use the bitcoin regularly in 2022. The block size is too small.
hope that in 2020 only in Pakistan more than 5 million people will be using bitcoin, the ration of entering the people in the world of bitcoin is so high, more that 20 million people will be using it in China, and what to say about Japan India Russia and so many other countries, therefore i can aspect that the user of bitcoin in 2022 will be in trillion,
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Asnatin
Newbie
Offline
Activity: 30
Merit: 0
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August 04, 2016, 10:29:33 AM |
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I think no more than 5 million people in the world will use the bitcoin regularly in 2022. The block size is too small.
hope that in 2020 only in Pakistan more than 5 million people will be using bitcoin, the ration of entering the people in the world of bitcoin is so high, more that 20 million people will be using it in China, and what to say about Japan India Russia and so many other countries, therefore i can aspect that the user of bitcoin in 2022 will be in trillion, If there are more than 5 million people in the whole world use the bitcoin in 2020, that will be excellent.
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arseaboy
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August 04, 2016, 10:36:53 AM |
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I think no more than 5 million people in the world will use the bitcoin regularly in 2022. The block size is too small.
hope that in 2020 only in Pakistan more than 5 million people will be using bitcoin, the ration of entering the people in the world of bitcoin is so high, more that 20 million people will be using it in China, and what to say about Japan India Russia and so many other countries, therefore i can aspect that the user of bitcoin in 2022 will be in trillion, If there are more than 5 million people in the whole world use the bitcoin in 2020, that will be excellent. people awareness will grow because of bitcoin popularity so i think 5 million people will not be impossible after 6 years.
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fikihafana
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August 04, 2016, 10:39:12 AM |
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I think there will be great year for bitcoin in 2022, more developer and more user will adopt bitcoin as a payment. Bitcoin popularity has been increased every year and now have great community.
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Posum578
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August 04, 2016, 10:39:30 AM |
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Yes, i think it will be Bitcoin much time more famous, with bitcoin people no need to worry about sending money worldwide. Bitcoin not charge much as like wire transfer. Also within 10 minutes fund already confirmed and transaction done
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agustina2
Legendary
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Activity: 2436
Merit: 1008
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August 04, 2016, 01:46:03 PM |
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Yes, i think it will be Bitcoin much time more famous, with bitcoin people no need to worry about sending money worldwide. Bitcoin not charge much as like wire transfer. Also within 10 minutes fund already confirmed and transaction done
Bitcoin will just be more famous but it doesn't mean it will be used by "ALL". 2022 is just few years away. No way bitcoin can touch all regions in just a short period of time. And even people are aware of this crypto, it all depends on major factors if they can freely use this currency or not.
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Maesters1-
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August 04, 2016, 04:56:34 PM |
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I think there will be great year for bitcoin in 2022, more developer and more user will adopt bitcoin as a payment. Bitcoin popularity has been increased every year and now have great community.
yes there is no doubt about this the bitcoin popularity is really increasing day by day and more more people are investing their investment in bitcoin hope that in future the bitcoin investors will increased to much and and we will be using it as fiat money in our daily life,
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hawkins
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August 04, 2016, 05:43:49 PM |
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I think there will be great year for bitcoin in 2022, more developer and more user will adopt bitcoin as a payment. Bitcoin popularity has been increased every year and now have great community.
yes there is no doubt about this the bitcoin popularity is really increasing day by day and more more people are investing their investment in bitcoin hope that in future the bitcoin investors will increased to much and and we will be using it as fiat money in our daily life, Well, you're absolutely right, day by day the bitcoin is increasing and investors are choosing bitcoin also more and more, I guess it only takes a little longer until the whole society began to know and use bitcoin as alatc a new payment, even though it was only used as a alternative, but I think it's very good, because it might affect the price of bitcoin
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serjent05
Legendary
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Activity: 2856
Merit: 1255
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August 04, 2016, 06:16:15 PM |
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I think there will be great year for bitcoin in 2022, more developer and more user will adopt bitcoin as a payment. Bitcoin popularity has been increased every year and now have great community.
yes there is no doubt about this the bitcoin popularity is really increasing day by day and more more people are investing their investment in bitcoin hope that in future the bitcoin investors will increased to much and and we will be using it as fiat money in our daily life, Well, you're absolutely right, day by day the bitcoin is increasing and investors are choosing bitcoin also more and more, I guess it only takes a little longer until the whole society began to know and use bitcoin as alatc a new payment, even though it was only used as a alternative, but I think it's very good, because it might affect the price of bitcoin I beg to disagree, maybe online people but that is still a 50/50 chance. About the world population, let me ask this questions, how many percent of the world can be covered by the internet during that time? If 100% then more likely you are correct but if it is less than 80% then we can say, not almost everyone. Bitcoin network need internet.
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Bestwishes745
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August 04, 2016, 06:48:12 PM |
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I think there will be great year for bitcoin in 2022, more developer and more user will adopt bitcoin as a payment. Bitcoin popularity has been increased every year and now have great community.
The popularity of bitcoin is increasing much faster , and 2022 is 6 years away, so in that 6 years we can expect much more for the bitcoin than our thoughts, the modern technology is much faster so the reach of bitcoin will be at all around the world.
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PsursV
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August 04, 2016, 09:33:52 PM |
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I think no more than 5 million people in the world will use the bitcoin regularly in 2022. The block size is too small.
hope that in 2020 only in Pakistan more than 5 million people will be using bitcoin, the ration of entering the people in the world of bitcoin is so high, more that 20 million people will be using it in China, and what to say about Japan India Russia and so many other countries, therefore i can aspect that the user of bitcoin in 2022 will be in trillion, If there are more than 5 million people in the whole world use the bitcoin in 2020, that will be excellent. i think 5 million is nothing hope that 5 millions users of bitcoin will be there from China and hope that more than 100 milling will be from the rest of he world, if we study the number of people entering in the world of bitcoin we will see that thousands of people are entering in the world of bitcoin on daily bases,
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greatr
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August 04, 2016, 09:56:24 PM |
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I think no more than 5 million people in the world will use the bitcoin regularly in 2022. The block size is too small.
i think the block size is going to be made way bigger than it is right now, i think that 30 per cent of all the people will be using their bitcoins
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PeRo
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August 04, 2016, 10:02:56 PM |
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Not really, and Bitcoin wont destroy the fiat system. The goverment would not let that happen and some countries do not even accept Bitcoin as a legal currency so it wont become worldwide. But it might be used by a lot of people in different countries by 2022.
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Pattart
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August 04, 2016, 10:04:00 PM |
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I think no more than 5 million people in the world will use the bitcoin regularly in 2022. The block size is too small.
hope that in 2020 only in Pakistan more than 5 million people will be using bitcoin, the ration of entering the people in the world of bitcoin is so high, more that 20 million people will be using it in China, and what to say about Japan India Russia and so many other countries, therefore i can aspect that the user of bitcoin in 2022 will be in trillion, If there are more than 5 million people in the whole world use the bitcoin in 2020, that will be excellent. I'll be glad when there are many countries that use bitcoin. but I think distribution bitcoin is still relatively slow. in the local exchange in my country alone. there are reach 200k users only not reached 1 million. whereas my country, including big country. I think in time six years. the number of users will be 2 times more than this? many users will definitely give a nice effect for bitcoin
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extrabyte
Legendary
Offline
Activity: 840
Merit: 1000
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August 04, 2016, 10:45:38 PM |
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I'll be glad when there are many countries that use bitcoin. but I think distribution bitcoin is still relatively slow. in the local exchange in my country alone. there are reach 200k users only not reached 1 million. whereas my country, including big country. I think in time six years. the number of users will be 2 times more than this? many users will definitely give a nice effect for bitcoin
Nowadays I think that it's not only the restrictions on the many different countries but also the recent hack with could shake faith in bitcoin and people gradually can leave bitcoin because of the recent hack and the recent price drop which I consider dramatically, 2022 is not far from now and I think that bicoin until that time will be used by people but not exactly from everyone in the world.
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