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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169486 times)
salmanahmedone
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November 30, 2016, 04:44:16 PM
 #1241

Also Governments will soon start to regulate bitcoin and based on this regulation we can tell how many people will use bitcoins. I expect bitcoin to grow in both adoption and price.
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November 30, 2016, 05:34:12 PM
 #1242

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.
Very unlikely, bitcoin is tremendous technology but even if it had that power the ones that stand to lose from it are not going to allow it, banks especially are very adaptable and are going to survive in one way or another.
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November 30, 2016, 05:39:10 PM
 #1243

Kind of a random date. I think not. I doubt most of the population of the world will ever use bitcoins. It seems like it's going to be small in 3rd world countries and bigger in 1st world. That's just my thoughts.
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December 01, 2016, 07:39:10 AM
 #1244

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 it will ever happen because bitcoin can co exist with bank and fiat but it cannot replace a system that's been here for hundreds of years,not all part of the world are technology driven here in our country in particular, there are some places and province that do nave access in the internet.

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December 05, 2016, 10:00:12 AM
 #1245

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 it will ever happen because bitcoin can co exist with bank and fiat but it cannot replace a system that's been here for hundreds of years,not all part of the world are technology driven here in our country in particular, there are some places and province that do nave access in the internet.

There is no need for the bitcoin to replace the current banking system. Bitcoin can be adopted by the banks as well.
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December 05, 2016, 12:50:05 PM
 #1246

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 do more to 'strengthen' the fiat system than destroy it.

Look at Bitcoin as an upgrade to the fiat system. A patch if you will. Much like how cash was an upgrade to the IOU system created by goldsmiths.... Just like how another upgrade, bank orders and cheques, were introduced by banks who would rather their customers did not pull depositsfrom their own vaults, but instead issued paper IOU's that would be cashed at other banks. And then credit cards were introduced to bolster the debt based economic system of today.... Now Bitcoin.

Cash was a very important upgrade for the fiat system, and the Internet is calling for similar technology because credit cards have failed. Hence, Bitcoin.

Bitcoin is not really a currency, it's a digital ledger. With inputs and outputs.... A private key grants you access to 'one line' in this digital ledger. And the whole point of this system, is to allow users to move value around the internet - without having to part with personal information. i.e Cash.... Digital cash... "Digital currency"  Wink

In the future a debt based mechanism will arise to be used in tandem with Bitcoin.

This always happens whenever an upgrade is made to the transactional side of an economic system.


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bitcoinisbest
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December 05, 2016, 01:21:56 PM
 #1247

This will never happen as even till now there are many parts of the world where people don't use mobile phone or TV. Just consider btc came few years back and still people who are aware are little hesitant to use it due to price stability and risk involvement.
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December 05, 2016, 02:39:57 PM
 #1248

Yes ,bitcoin will be use by almost  or should i say  all of the people around the world will be using bitcoin on 2022. Because of its growing community,it will influence the small establiahments to accept bitcoin too. New adopters of bitcoin everyday,new people who is willing to understand the capability of bitcoin.
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December 05, 2016, 02:56:41 PM
 #1249

Just saw the funny video where a guy get fun with an apple and when grandmother saw it she said something like "what? How? I'm in bitcoin!". So if granny use bitcoin that means that in some year the number of bitcoin users will be increased. Don't know about everyone, but big number for sure.
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December 05, 2016, 03:34:57 PM
 #1250

There is a small amount of people who know what bitcoin is and a smaller that actually use it , the number of people who will be using bitcoin by 2022 is tied to the number of big serveries providers like supermarkets gas station all of the regular places that you go to to spend your money accepting bitcoin as of right now only private companys and small businesses accept that and i don't think that governmental facilities will accept and that is due to the fact that governments can't control bitcoin because of how much it is dicentralized so by 2022 if the price keeps going up there will be few who use it
We are just too ambitious to believe that it will be use by everyone in the future, we have to admit that we are only few in this world who adopt bitcoin. Our move now is just to help achieve good adoption rate.

It is true but if the OP changed it to "almost everyone in the internet" this might probably happen.  Because bitcoin can only be use with internet, and bitcoin had been growing and getting significantly popular in the internet.  They have other form of income  generating company like PTC's, PPV and other company that relies on advertisement.  Gaming company also adopted bitcoin as mode of payment.  So as the months pass by, internet is becoming saturated with bitcoin information and earnings. So there is a big possibility that in 2022, bitcoin will be used by almost everyone in the internet but not around the globe.
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December 05, 2016, 04:08:24 PM
 #1251

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.

up to now it's still unpredictable if bitcoin will be used by most people around the world in the year 2020, 2022 or so. also it is very unlikely for bitcoin to destroy the fiat system bitcoin because it's price is still depending on fiat and if ever that happens the government will surely be so eager to take in control of the bitcoin system and they will end up to impose a much higher taxes on it .
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December 05, 2016, 05:21:26 PM
 #1252

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.

up to now it's still unpredictable if bitcoin will be used by most people around the world in the year 2020, 2022 or so. also it is very unlikely for bitcoin to destroy the fiat system bitcoin because it's price is still depending on fiat and if ever that happens the government will surely be so eager to take in control of the bitcoin system and they will end up to impose a much higher taxes on it .

If the block size of the bitcoin can increase with the general usage, then it is possible that most people will use it.
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December 05, 2016, 06:36:07 PM
 #1253

yeah i hope that bitcoin will be use by everyone in 2022 because bitcoin getting popularity too much faster day by day and bitcoin adoption is increasing too much faster and people holding their bitcoin for the future because bitcoin have a great future.
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December 05, 2016, 09:55:04 PM
 #1254

As time passes by more people will start using bitcoin in one form or the other be it investing in new projects or for gambling. I do not know what is meant by bitcoin will be used by almost everyone but it is not that easy to say that now and if that is to happen to fiat has to disappear which is not a possibility .
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December 08, 2016, 10:01:36 AM
 #1255

As time passes by more people will start using bitcoin in one form or the other be it investing in new projects or for gambling. I do not know what is meant by bitcoin will be used by almost everyone but it is not that easy to say that now and if that is to happen to fiat has to disappear which is not a possibility .

For the bitcoin, you can invest quite easily in some cloud mining places. But that is quite dificult to find a good one.
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December 08, 2016, 10:37:32 AM
 #1256

As time passes by more people will start using bitcoin in one form or the other be it investing in new projects or for gambling. I do not know what is meant by bitcoin will be used by almost everyone but it is not that easy to say that now and if that is to happen to fiat has to disappear which is not a possibility .

For the bitcoin, you can invest quite easily in some cloud mining places. But that is quite dificult to find a good one.
Cloud mining is almost never works out, if you want to invest in bitcoin, buy it, dont' "invest" in cloud mining.
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December 08, 2016, 11:01:31 AM
 #1257

Today  bitcoin is already known worldwide. So we dont need 6 years to be able that all people will be using bitcoin.  Were living with  advance technology today, and were still uprading every year. It means that even next year bitcoin will be use by almost everyone.
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December 08, 2016, 11:06:25 AM
 #1258

Today  bitcoin is already known worldwide. So we dont need 6 years to be able that all people will be using bitcoin.  Were living with  advance technology today, and were still uprading every year. It means that even next year bitcoin will be use by almost everyone.
Well when you say almost everyone, that means majority of the people would already be at least aware of what bitcoin is. The fact that today, online access is not available or is very limited to a lot of poor countries, means that it would still take a long time for this to happen. It may very well even take longer than 6 years to make bitcoin known to majority of our population. Although bitcoin has seen awareness growing rapidly this year i think it would take more than 6years if it even happens that almost everyone will be using bitcoin. We'll never know just yet

 
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December 08, 2016, 11:19:13 AM
 #1259

Today  bitcoin is already known worldwide. So we dont need 6 years to be able that all people will be using bitcoin.  Were living with  advance technology today, and were still uprading every year. It means that even next year bitcoin will be use by almost everyone.

Actually the moment bitcoin was released, it can be use by everyone worldwide but the case is, people does not know about bitcoin that time or people are hessitant to use it and not everyone has the capability to use it. 
But we are discussing here about everyone (every people in every corner of the world) will use bitcoin and that is impossible to happen even in 10 years more.  The fact that not everyone has connection to the internet.  And not everyone is aware especially those in ethnic region.  So there is no chance that Bitcoin will be used by almose everyone in 2022, you can say almost everyone in the internet but in the world it is a no.

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December 08, 2016, 11:57:48 AM
 #1260

Today  bitcoin is already known worldwide. So we dont need 6 years to be able that all people will be using bitcoin.  Were living with  advance technology today, and were still uprading every year. It means that even next year bitcoin will be use by almost everyone.
Not amongst ordinary people but only amongst people who are advanced enough on technologies ( even doesn't guarantee all these kind of people know bitcoin ). and next within next year bitcoin will more likely to not used by everyone but becoming minor option and having pretty decent amount of users

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