noictib
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September 20, 2016, 05:03:23 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.
i think in 2022 year about 100% of country's people will use the bitcoin . and another thing that you are saying it will destroy the fiat system of bank then i wilp say "no" because most of the people in the bitcoin world are only for bank money .
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coynedterm
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September 20, 2016, 05:33:30 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.
i think no, because of lack of technology in sone poor countries . it is not possible to use bitcoin . still some countries already banned bitcoin . but i hope your prediction should be right for 2022 .
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passwordnow
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September 20, 2016, 01:17:20 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.
i think in 2022 year about 100% of country's people will use the bitcoin . and another thing that you are saying it will destroy the fiat system of bank then i wilp say "no" because most of the people in the bitcoin world are only for bank money . Are you insane? The world is really wide and for the range of 6 years is still not enough for the 100% of the people that are going to adopt and use bitcoin. There are a lot of depressed areas that doesn't have computer and internet connections either and if we are going to include that then that is not going to be 100% of worlds people.
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InsideBjorn
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September 20, 2016, 02:22:16 PM |
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Yes I think it will be used by alot of people by then because the bitcoin infrastructure should be complete by then i guess. And then more shops adopt bitcoin causing a massive increase in people that will use it.
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Noctis Connor
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September 20, 2016, 02:25:01 PM |
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I believe that a number around twenty-five percent of the world population would be a reasonable number, but certainly not everyone would be using btc in 2022.
Why ?? the prediction is really harsh for those who want to grow bitcoin economy , for me in that year more people are encouraging people to use bitcoin as a payment and it will be acceptable in any online store like supermarkets and their are lots of investors who are using bitcoin
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Harlot
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September 20, 2016, 02:27:42 PM |
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Yes I think it will be used by alot of people by then because the bitcoin infrastructure should be complete by then i guess. And then more shops adopt bitcoin causing a massive increase in people that will use it.
Lets assume that the all the bitcoin is mined do you think everybody will be a part of that 21,000,000 BTC? I don't think so many people will hoard Bitcoin to control its price and sell it little by little just to take advantage of the higher price. Also I still don't think local businesses will entertain BTC as mode of payment because of the way their government runs things.
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John Constantine
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September 20, 2016, 08:15:06 PM |
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I'd like to see it happen, but it seems to be something really unlikely in such a period of time, although I think, due to the network effect, that's possible in less than a decade.
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saiha
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September 21, 2016, 03:37:02 AM |
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I'd like to see it happen, but it seems to be something really unlikely in such a period of time, although I think, due to the network effect, that's possible in less than a decade.
I guess this is not going to happen because 2016-2022 is still a short range of time that the people are going to use bitcoin completely. But still we don't know what is going to happen but it is also possible that it is going to happen. And base on what is happening, bitcoins adoption and improvement is very fast. And if this happens, then it is going to be a good even in bitcoins economy.
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Vires in Numeris
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freedomgo
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September 21, 2016, 09:24:11 AM |
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I'd like to see it happen, but it seems to be something really unlikely in such a period of time, although I think, due to the network effect, that's possible in less than a decade.
I guess this is not going to happen because 2016-2022 is still a short range of time that the people are going to use bitcoin completely. But still we don't know what is going to happen but it is also possible that it is going to happen. And base on what is happening, bitcoins adoption and improvement is very fast. And if this happens, then it is going to be a good even in bitcoins economy. I agree, and even if it will be 10 years from now it will still not happen. Bitcoin no question will be popular in the future but we cannot deny the fact hat not all people has the capacity to adopt considering our level of education.
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Doms
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September 21, 2016, 10:27:20 AM |
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It's going to be a gargantuan task for bitcoin to be used by everyone less than six years from now. There are about 7 billion people around the world, living under different circumstances. I doubt if there are even a million people who are regularly using bitcoin or at least have used bitcoin one time or another. I think even twenty years would be a short time given other hindrances or obstacles that either limit or prevent people from using bitcoin.
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BitcoinPC
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September 21, 2016, 05:06:00 PM |
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Yes I think it will be used by alot of people by then because the bitcoin infrastructure should be complete by then i guess. And then more shops adopt bitcoin causing a massive increase in people that will use it.
Litter bit i agree with you, but not almost bitcoin would be used in anywhere, You know 2022 is coming and only 6 years left, So i don't think that bitcoin would be come in almost over the world. But that is true, the users of the bitcoins definitely would be increased. And most of the new facility will introduce in bitcoin for us.
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Berns
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September 21, 2016, 05:36:47 PM |
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I doubt that cryptocurrency give such freedom. The government will not allow it, it is not profitable. They will be a big loss
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rio3233
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September 21, 2016, 05:46:49 PM |
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Nobody knows, but in my opinion it's impossible. Because 2022 is only 6 years left and i think only 5-10% people around the world will use bitcoin. For making everyone to use bitcoin is really hard to do.
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xIIImaL
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September 21, 2016, 06:01:12 PM |
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Nobody knows, but in my opinion it's impossible. Because 2022 is only 6 years left and i think only 5-10% people around the world will use bitcoin. For making everyone to use bitcoin is really hard to do.
For that we huge volume of adoption in bitcoin and we all need to initialize the bitcoin in their business will first and best option to have bitcoin to used by all the people around the world. I don't know one of the person knows about bitcoin in my state. As you said bitcoin reach to the people 5-15% only.
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agustina2
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September 21, 2016, 06:42:33 PM |
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Nobody knows, but in my opinion it's impossible. Because 2022 is only 6 years left and i think only 5-10% people around the world will use bitcoin. For making everyone to use bitcoin is really hard to do.
The odds are really low for bitcoin to be used by everyone. We are talking about all the places of the globe here. We bitcoin users are really positive about the positive things that will happen in bitcoin but not to the point we will extent the limit of it.
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resilientknight
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September 22, 2016, 03:10:12 AM |
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I think not in 2022, we need to give more time for the btc ecosystem to develop and achieve a greater number of people...
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HabBear
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September 22, 2016, 03:20:27 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.
Dude, no one says this. Banks are just entities that hold peoples savings and give people loans. The only link to a specific currency is the currency that's used by the people that are customers of the bank. If those customers use bitcoin, the bank will deal in bitcoin. But it won't go out of business just because people stop using the dollar or fiat. If they DID, there wouldn't be a Coinbase or Circle.
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nova-rider
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September 23, 2016, 02:38:33 AM |
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It's difficult, but it is quite possible, if you see the development of bitcoin an increasingly broad and also has a high price will keep everyone interested.
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dmarine
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September 23, 2016, 08:19:06 AM |
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We can't predict this, but I don't think it can be used by almost everyone in that year, to be honest. It would take many more years to be accomplished this.
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Harlot
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September 23, 2016, 09:02:01 AM |
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We can't predict this, but I don't think it can be used by almost everyone in that year, to be honest. It would take many more years to be accomplished this.
Or it won't really be used by everyone by any years to come. Bitcoin for now is known to be a currency for online users who is commonly associated to hyips and other investment scams online and no government wants to be associated by that kind of work. Also Btc has reached a pretty high amount of value it does not need a lot users to get to another higher amount.
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