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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169527 times)
Universat
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August 22, 2016, 10:32:59 PM
 #721

i dont think so thatin 2022 almost everyone will be using bitcoin, i think it will take generation and will take decades when all the people of the world will start using bitcoin, i think the new generation will be interested in using crypto currency.
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August 22, 2016, 10:42:38 PM
 #722

no it is not possible that in 2022 almost everyone will be using bitcoin, but hope that about 10 to 20 percent of people will be using bitcoin in 2022, i think it will also be a good progress at that time.
you are right, the adoption is definitely not going to be that fast, though i hope that at least 30 per cent will use bitcoins
yeah I think it would sound impossible when 6 years bitcoin users already include all humans on this earth. the current growth and development of bitcoin can be fairly slow. and I think for a period of 6 years maybe we will only reach 5-10% of the total world population bitcoin
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August 23, 2016, 12:59:10 PM
 #723

no it is not possible that in 2022 almost everyone will be using bitcoin, but hope that about 10 to 20 percent of people will be using bitcoin in 2022, i think it will also be a good progress at that time.
you are right, the adoption is definitely not going to be that fast, though i hope that at least 30 per cent will use bitcoins
yeah I think it would sound impossible when 6 years bitcoin users already include all humans on this earth. the current growth and development of bitcoin can be fairly slow. and I think for a period of 6 years maybe we will only reach 5-10% of the total world population bitcoin


I think there are less than 0.2 million active users of the bitcoin for the time being. That is indicated by the daily transactions.

In the next few years, when the block size is increased, there will be more users.
Capradina
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August 23, 2016, 01:07:37 PM
 #724

no it is not possible that in 2022 almost everyone will be using bitcoin, but hope that about 10 to 20 percent of people will be using bitcoin in 2022, i think it will also be a good progress at that time.
you are right, the adoption is definitely not going to be that fast, though i hope that at least 30 per cent will use bitcoins
yeah I think it would sound impossible when 6 years bitcoin users already include all humans on this earth. the current growth and development of bitcoin can be fairly slow. and I think for a period of 6 years maybe we will only reach 5-10% of the total world population bitcoin


I think there are less than 0.2 million active users of the bitcoin for the time being. That is indicated by the daily transactions.

In the next few years, when the block size is increased, there will be more users.

whether any active users users of the bitcoin now, I think the most important is I get a very big advantage for now or the future. But for sure I am sure indeed for the future growth of the bitcoin will be more special and will help all those who have difficulty in performing transactions
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August 23, 2016, 01:14:40 PM
 #725

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.

I don't think so, 2022 is just 6 years away from now.  Bitcoin users well, increasing every year but I do not think that would be enough to say that bitcoin would be used by everyone.  Some people especially who are older and not familiar with computers would not let go of the usage of fiat.  It is more easy to use and of course it is realistic. 
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August 23, 2016, 01:21:29 PM
 #726

Bitcoin is so important system i understand it nowadays more and i understand bitcoin will be future system too but if govermants can let we can use bitcoin in the future i belive this system will be so bihaber than now and we are talking about now for 6 years later i think not every one will use bitcoin but i know  most of people will use bitcoin one time .
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August 23, 2016, 02:01:38 PM
 #727

I estimate that each year will develop bitcoin increase. and I believe that by 2022 the price of bitcoin will be compared with rates well above current prices. will emerge market that accept bitcoin as a medium of payment. probably about 50% of the world population will be using bitcoin.
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August 23, 2016, 03:01:12 PM
 #728

I am not sure that in 2022 percent of bitcoin users will increase even on 10%, cause it's not so popular now and nobody making ads about bitcoin...

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August 23, 2016, 03:33:31 PM
 #729

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.

I don't think so, 2022 is just 6 years away from now.  Bitcoin users well, increasing every year but I do not think that would be enough to say that bitcoin would be used by everyone.  Some people especially who are older and not familiar with computers would not let go of the usage of fiat.  It is more easy to use and of course it is realistic. 

We can let go of the old ones with their fiat money. The important thing is we teach the young ones with bitcoin. They are the future, so if we influence and educate them about bitcoin, we are ensuring that bitcoin will survive in the future. And it might be even everyone is using bitcoin in then future. But you are right, 2022 is too near for that.
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August 23, 2016, 03:36:27 PM
 #730

So it's around 5.5 more years from now, i think it might happen if bitcoin become popular in the next few years and makes people to use bitcoin around the world.
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August 23, 2016, 03:39:15 PM
 #731

Probably not. A currency that is not supported by any government makes it almost impossible to become fluid to everyone.
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August 23, 2016, 03:56:02 PM
 #732

I am not sure that in 2022 percent of bitcoin users will increase even on 10%, cause it's not so popular now and nobody making ads about bitcoin...

That's true, by 2022 to a certain extent from 5-10% can be experienced if price increase happens often. Also as mentioned its popularity is increasing slowly but if promotion through ads takes place very big adoptions take place in a short time which is not good for successful lasting.
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August 23, 2016, 04:01:41 PM
 #733

I am not sure that in 2022 percent of bitcoin users will increase even on 10%, cause it's not so popular now and nobody making ads about bitcoin...

That's true, by 2022 to a certain extent from 5-10% can be experienced if price increase happens often. Also as mentioned its popularity is increasing slowly but if promotion through ads takes place very big adoptions take place in a short time which is not good for successful lasting.

yes I have never seen an ad bitcoin in television, most likely if bitcoin have an ad, it will attract users who typically invest in gold to try switching to bitcoin. because now probably everyone knows bitcoin, most of those who previously did quite active on the internet. while those who were less active in more internet do not know about bitcoin. so advertising is very helpful to attract more users.

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August 23, 2016, 04:04:14 PM
 #734

Probably not. A currency that is not supported by any government makes it almost impossible to become fluid to everyone.

hmm, that may be effective but i doubt that i has that much effect against bitcoin's adoption.
if anything the fact that bitcoin is not backed by government means it will be adopted a lot more because of the decentralized feature it offers because of the same thing. so if people adopt it government has no other way except accepting it too.

--looking for signature--
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August 23, 2016, 04:06:45 PM
 #735

It is so hard to assume that most people in the world would start using bitcoin by then because honestly, in the current times, we are still bounded and inclined to use fiat since most of the retailers and services only asks for payments and purchases via cash/credit cards. Also, the fact that most people aren't really that techie nowadays would be a hindrance to the global/worldwide usage of bitcoin. It can happen, but it is, at most, improbable given the current situations. Smiley

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August 23, 2016, 06:59:33 PM
 #736

i dont think so thatin 2022 almost everyone will be using bitcoin, i think it will take generation and will take decades when all the people of the world will start using bitcoin, i think the new generation will be interested in using crypto currency.
of course that wont happen, in my opinion like only 10 per cent will be using bitcoins by then and that would be really cool results
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August 23, 2016, 11:32:30 PM
 #737

It is so hard to assume that most people in the world would start using bitcoin by then because honestly, in the current times, we are still bounded and inclined to use fiat since most of the retailers and services only asks for payments and purchases via cash/credit cards. Also, the fact that most people aren't really that techie nowadays would be a hindrance to the global/worldwide usage of bitcoin. It can happen, but it is, at most, improbable given the current situations. Smiley

I understand your point, but just using Bitcoin to send and receive BTC does not require to have any tech related knowledge. It's just a matter of installing a wallet, copy and paste your address, or the address from the other side, fill in an amount if you're the one sending coins, and that's it. It's basically the same as when you copy and paste an IBAN number when sending money. It's very simple.
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August 25, 2016, 08:46:19 AM
 #738

It is so hard to assume that most people in the world would start using bitcoin by then because honestly, in the current times, we are still bounded and inclined to use fiat since most of the retailers and services only asks for payments and purchases via cash/credit cards. Also, the fact that most people aren't really that techie nowadays would be a hindrance to the global/worldwide usage of bitcoin. It can happen, but it is, at most, improbable given the current situations. Smiley

I understand your point, but just using Bitcoin to send and receive BTC does not require to have any tech related knowledge. It's just a matter of installing a wallet, copy and paste your address, or the address from the other side, fill in an amount if you're the one sending coins, and that's it. It's basically the same as when you copy and paste an IBAN number when sending money. It's very simple.

I agree with that. When the infrastrucutre of the bitcoin is built, using the bitcoin is as easy as using the fiat.
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August 25, 2016, 09:09:18 AM
 #739

It is so hard to assume that most people in the world would start using bitcoin by then because honestly, in the current times, we are still bounded and inclined to use fiat since most of the retailers and services only asks for payments and purchases via cash/credit cards. Also, the fact that most people aren't really that techie nowadays would be a hindrance to the global/worldwide usage of bitcoin. It can happen, but it is, at most, improbable given the current situations. Smiley

I understand your point, but just using Bitcoin to send and receive BTC does not require to have any tech related knowledge. It's just a matter of installing a wallet, copy and paste your address, or the address from the other side, fill in an amount if you're the one sending coins, and that's it. It's basically the same as when you copy and paste an IBAN number when sending money. It's very simple.

I agree with that. When the infrastrucutre of the bitcoin is built, using the bitcoin is as easy as using the fiat.
More businesses will be establish once they see the continue growing adoption of bitcoin, that trend makes them invest because they can make a great profitable business but it cannot happen overnight, the success will happen in a slowly manner yet consistent.

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August 25, 2016, 09:54:12 AM
 #740


More businesses will be establish once they see the continue growing adoption of bitcoin, that trend makes them invest because they can make a great profitable business but it cannot happen overnight, the success will happen in a slowly manner yet consistent.

And it will be more present in the future if while having such big adoption, people will tend to mostly use this as a currency. Merchants wants a rotational money so if price fluctutations will be minimized they will soon consider to add this currency as one of their payment method.

Good thing, some of the famous merchants already accept bitcoin. It's a great start.
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