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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169483 times)
hase0278
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December 22, 2016, 06:39:31 AM
 #1281

Bitcoin being used by almost everyone in 2022 on daily life expenses is most likely to not happen because government and banks will be against it but the possibility of it being used by almost everyone on online transactions by that year is very possible. If this scenario will happen, I think all of those early adopters of bitcoin by this year will be rich in 2022 if they have hoarded many bitcoin by now but the possibility of bitcoin completely replacing fiat by that year is very little.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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December 22, 2016, 06:51:05 AM
 #1282

I used to respond to these threads but I have since learned better. Tongue

Its been a while so here goes. But I won't write paragraphs like I used to.

Bitcoin will always be niche. I am pretty tech savvy and just setting up a wallet and learning to mine my own coins (GPU Days) was difficult enough. With the constant changes added in and the fact that almost all the profits are gone now to the very early adopters it just keeps new users out. We honestly are probably at the peak user base right now and will slowly loose more users than we gain. Bitcoin will always be around but its not getting any bigger than this. The price will go up but credit cards will remain the top 95% of payment transactions in casual retail settings.
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December 26, 2016, 06:13:08 AM
 #1283

No no i would not happen till its 2030 .as it takes time to change the whole currrency system and more and more people have to adopt it .and banks will be there .government will never want to loose their positions and there will sideways bitcoins system also.
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December 26, 2016, 08:06:40 AM
 #1284

No no i would not happen till its 2030 .as it takes time to change the whole currrency system and more and more people have to adopt it .and banks will be there .government will never want to loose their positions and there will sideways bitcoins system also.

Unless the government is seeing good future with bitcoin then anything can happen now at any moment. And I guess 2030 is not even enough to make the usage of bitcoin world wide. Because there are a lot of things that can also happen in the midst of bitcoins popularity, government can also create bitcoin like currency and they can advertise it for the usage of their whole nation.

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December 26, 2016, 08:09:19 AM
 #1285

No no i would not happen till its 2030 .as it takes time to change the whole currrency system and more and more people have to adopt it .and banks will be there .government will never want to loose their positions and there will sideways bitcoins system also.
For a simple reason, not all people are capable of using bitcoin due to it complexity. In addition, the government will be making laws that will regulate bitcoin the moment they see a rapid adoption is happening, they have all the power and they can do limit the people from accessing bitcoin once they notice it poses risk on the government as  whole.

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December 26, 2016, 07:52:23 PM
 #1286

so you are predicting death of banking system in 2022 ? no way it can happen anytime soon , banks are too strong to be out of this market
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December 26, 2016, 08:48:32 PM
 #1287

so you are predicting death of banking system in 2022 ? no way it can happen anytime soon , banks are too strong to be out of this market
Banks will not die cause they will also accept bitcoin in thier business. It will only make new difference when bitcoin entered into them.we all know that banks are strong and can never be defeated.
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December 26, 2016, 09:31:19 PM
 #1288

There is no way we can tell if bitcoin will be used by everyone by 2022, the future of bitcoin is still not known so we can never tell if governments will ban it or its price will go down to 1$ so it becomes useless, but if bitcoin receives the attention it deserves we will see a large amount of people using it.
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December 26, 2016, 09:36:47 PM
 #1289

Yes bitcoins will be used  by almost everyone in the world .and u l see eventually that the face of banks are changing a lot .well it is likely to happen that there will be no banks at all in the near future.
I don't think that it exactly will be bitcoin. In such long period of time many things can happen with bitcoin. Maybe it will call something different name. But I think bitcoin will use three times higher number of people in 2022.
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December 26, 2016, 10:06:00 PM
 #1290

Bitcoin 2022 years primarily for children up to the recognition by that time you'd need to fall. In short, now is that time, level or at the level of more rise then likely to be recognized. But the biggest obstacle as far as I'm concerned, would the Government referred to the name of the then slice or less but I still don't think anyone recognize it exactly.
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December 26, 2016, 11:12:33 PM
 #1291

There is no way we can tell if bitcoin will be used by everyone by 2022, the future of bitcoin is still not known so we can never tell if governments will ban it or its price will go down to 1$ so it becomes useless, but if bitcoin receives the attention it deserves we will see a large amount of people using it.
well nobody can know what will happened in the future lol , as bitcoin are always surprising too make it is hard to even predicted/speculated. we can just make a wish and put a little bit expectation in bitcoin , nothing more.

also really hard to realize that even nowadays you cannot see a fast growth of bitcoin user.

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December 26, 2016, 11:22:53 PM
 #1292

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.
Lol it's impossible. bitcoin is famous today not mean that in the near future everyone will be using bitcoin was impossible and I think you're wrong when it said bitcoin is already known throughout the world?

Yes, what you said is right many people know about bitcoin but they don't know how it works and how it will give profits to them. May be it will take many years to reach peoples mind. Many people are also thinking it's price is not always stag net. Yes in coming days many people will attract to bitcoin but most of the people will afraid to use it. But don't know how many years it will take exatly.
I think a few decades though, I think it would be difficult for bitcoin to reach everyone as bitcoin users, see there are pros and cons to bitcoin, of the cons will never use bitcoin right ? it logically
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December 27, 2016, 11:04:48 AM
 #1293

I dont think so bitcoins will destroy the fiat currency although 50% of people in whole world will use bitcoins fiat is still main currency even after 30years from now.

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December 27, 2016, 11:56:12 AM
 #1294

I dont think so bitcoins will destroy the fiat currency although 50% of people in whole world will use bitcoins fiat is still main currency even after 30years from now.

For me it would be used by most of the people who knew a lot of bitcoin and there would be an upcoming changes in the future that everyone will use bitcoin as a method of payment transactions but it wouldn't kill the fiat currency. Bitcoin needs the fiat currency in order to purchase local goods because i don't think so local goods can be link to PC transaction specially on those remote areas around the world and if that happens its more costly for the business holders to adopt this kind of cryptocurrency worldwide.

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December 30, 2016, 09:04:57 AM
 #1295

I dont think so bitcoins will destroy the fiat currency although 50% of people in whole world will use bitcoins fiat is still main currency even after 30years from now.

That is right. The fiat will coexist with the bitcoin for long time.
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December 30, 2016, 11:04:50 AM
 #1296

Yes bitcoins will be used  by almost everyone in the world .and u l see eventually that the face of banks are changing a lot .well it is likely to happen that there will be no banks at all in the near future.
I hope that bitcoin will be more advanced and well known by many people. but for bitcoin can be used by everyone in the world is impossible. for now, the government is very anti to the bitcoin

Not only government is anti, many peoples are as well anti and in fear with Bitcoin. Some are less interested to know more or get indulge. But I believe by 2022 the view towards Bitcoin will change of many peoples. But yes it will be not quite possible to be accepted or used by everyone.
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December 30, 2016, 12:06:27 PM
 #1297

Yes bitcoins will be used  by almost everyone in the world .and u l see eventually that the face of banks are changing a lot .well it is likely to happen that there will be no banks at all in the near future.
I hope that bitcoin will be more advanced and well known by many people. but for bitcoin can be used by everyone in the world is impossible. for now, the government is very anti to the bitcoin

Not only government is anti, many peoples are as well anti and in fear with Bitcoin. Some are less interested to know more or get indulge. But I believe by 2022 the view towards Bitcoin will change of many peoples. But yes it will be not quite possible to be accepted or used by everyone.

im not sure if they are anti but i think many people are truly confused for the fast flactuation of this coin and many people who's new to used it losed more money from it by using in unknown situation, and also i dont think the year 2022 will be the year wich all people will used it since the global awareness for it is not as huge as fiat and e-currency payments is not well adopted to those underdeveloped country, and maybe the decent speculation for that is to count for more years.

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Bitcoin- in bullish time


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December 30, 2016, 12:41:14 PM
 #1298

Yes bitcoins will be used  by almost everyone in the world .and u l see eventually that the face of banks are changing a lot .well it is likely to happen that there will be no banks at all in the near future.
I hope that bitcoin will be more advanced and well known by many people. but for bitcoin can be used by everyone in the world is impossible. for now, the government is very anti to the bitcoin

Not only government is anti, many peoples are as well anti and in fear with Bitcoin. Some are less interested to know more or get indulge. But I believe by 2022 the view towards Bitcoin will change of many peoples. But yes it will be not quite possible to be accepted or used by everyone.

im not sure if they are anti but i think many people are truly confused for the fast flactuation of this coin and many people who's new to used it losed more money from it by using in unknown situation, and also i dont think the year 2022 will be the year wich all people will used it since the global awareness for it is not as huge as fiat and e-currency payments is not well adopted to those underdeveloped country, and maybe the decent speculation for that is to count for more years.
You are right, global awareness for bitcoin or other crypto-currencies is not that wide to assure that bitcoin will be used by most of the people in the year 2022. That target year or expected year is very short one for bitcoin to achieve. Bitcoin future investors need more great news about the development and also good feedbacks from the older users or investors to convince them to use bitcoin. If bitcoin will be more expensive and fully developed then it will be easy for bitcoin to gather a lot of users.
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December 30, 2016, 08:54:25 PM
 #1299

Yes bitcoins will be used  by almost everyone in the world .and u l see eventually that the face of banks are changing a lot .well it is likely to happen that there will be no banks at all in the near future.
I hope that bitcoin will be more advanced and well known by many people. but for bitcoin can be used by everyone in the world is impossible. for now, the government is very anti to the bitcoin

Not only government is anti, many peoples are as well anti and in fear with Bitcoin. Some are less interested to know more or get indulge. But I believe by 2022 the view towards Bitcoin will change of many peoples. But yes it will be not quite possible to be accepted or used by everyone.
i think it is not the main reason, as people and governments will easily be convinced but the main problem is that in most area people are ignorant and having no facilities and knowledge of computer and internet, i think it will take a lot of time when such people can be educated and learn about computer and internet.
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December 30, 2016, 09:00:52 PM
 #1300

Well it's obvious that the number of people who use bitcoin will be increased. Now the network has about 10 million active wallets, which owns approximately 7 million users. It can be estimated that at least 15% of the world's population will use cryptocurrencies in the nearly future.
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