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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169526 times)
cryp24x
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December 30, 2016, 09:40:59 PM
 #1301

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.

I agree on this.  Exposure, hands on experience, tools and gadget to use plus the internet connection are the factor why Majority of the population won't or cannot use bitcoin by 2022.  Remote areas are more likely disconnected to the cyber world because they are not reached by any internet provider.
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December 30, 2016, 09:46:26 PM
 #1302

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.
I think that percentage can be reached in the next decade. But before that, some things need to be solved, among them is the problem of scalability.
So far there is much division of opinion in the community about which are the best solutions to solve this.
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December 30, 2016, 10:17:32 PM
 #1303

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.

Yeah we cannot make a statement with cent percent surety that bitcoin will be known by every people. As described we can expect a big increase in the users. Also at least most of the technology related people gets an awareness about the existence of bitcoin as well digital currency. Right now there are people who are in a career related to P2P, but don't have any small idea about bitcoin.

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December 30, 2016, 11:47:22 PM
 #1304

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.
of course there are some people who do not like bitcoin, how could competitors like bitcoin, while they get damages
I agree with you, that would be very difficult even impossible to bitcoin user can have users everyone
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December 31, 2016, 12:32:58 AM
 #1305

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.
of course there are some people who do not like bitcoin, how could competitors like bitcoin, while they get damages
I agree with you, that would be very difficult even impossible to bitcoin user can have users everyone

Most people are maneuver mass. If media says Bitcoin is bad, evil, they won't use it. But if everyone starts using it, they immediately start liking Bitcoin and using it. Real big amounts of people will start using Bitcoin only when media and famous sites, brands start promoting BTC. Until there I believe the community will continue small. But I don't worry with it a lot, the Crypto-Currencies are going very well and that is what matters.

 
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December 31, 2016, 12:56:30 AM
 #1306

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.
of course there are some people who do not like bitcoin, how could competitors like bitcoin, while they get damages
I agree with you, that would be very difficult even impossible to bitcoin user can have users everyone

Most people are maneuver mass. If media says Bitcoin is bad, evil, they won't use it. But if everyone starts using it, they immediately start liking Bitcoin and using it. Real big amounts of people will start using Bitcoin only when media and famous sites, brands start promoting BTC. Until there I believe the community will continue small. But I don't worry with it a lot, the Crypto-Currencies are going very well and that is what matters.
That's how it works in the crypto mate, it's all news driven so it's important to abreast ourselves with the relevant news that might affect our investment so we can have the right timing to buy and sell. As an investor or a trader, that's our job to keep ourselves with an updated information as that is the most important for us to grow with our investment.

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December 31, 2016, 12:57:12 AM
 #1307

Im thinking more like 2020 and everyone will be using bitcoin in one form or another.
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December 31, 2016, 05:20:31 AM
 #1308

Although bitcoin will be used by 90% or even more people all over the world, I'm sure it wont destroy FIAT. Most countries will still use fiat as their official currency/payment method instead of btc.
Yes, the official currency status of a country is hard to shake. Now from 2022 is 5 years, 5 years can let more people know about bitcoin, bitcoin in more places, just That's all.
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December 31, 2016, 05:29:47 AM
 #1309

Although bitcoin will be used by 90% or even more people all over the world, I'm sure it wont destroy FIAT. Most countries will still use fiat as their official currency/payment method instead of btc.
Yes, the official currency status of a country is hard to shake. Now from 2022 is 5 years, 5 years can let more people know about bitcoin, bitcoin in more places, just That's all.

While more people are using btc, more criminal are also using the anon coins as well. so lets just say all of those coins which currency have good volume and are used by thousands today will coexist just like fiat. no different that what is going on today but definitely have high value.

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December 31, 2016, 07:33:02 AM
 #1310

Im thinking more like 2020 and everyone will be using bitcoin in one form or another.

I don't even think that 2020 or 2022 is bitcoin is on total adoption by that time. 3 - 5 years from now on is still not enough to make the people use bitcoin. But thinking about its earlier years it went very far by now and it seems that many people are getting into it everyday. Still I don't think with those given years bitcoin is not going to be used by almost everybody.

Yes, you are right, Bitcoin is becoming more popular every day. But it seems to me that not all of it will be used. Many simply do not trust Bitcoin. He will always be an alternative currency
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December 31, 2016, 08:48:41 AM
 #1311

Im thinking more like 2020 and everyone will be using bitcoin in one form or another.

I don't even think that 2020 or 2022 is bitcoin is on total adoption by that time. 3 - 5 years from now on is still not enough to make the people use bitcoin. But thinking about its earlier years it went very far by now and it seems that many people are getting into it everyday. Still I don't think with those given years bitcoin is not going to be used by almost everybody.

Yes, you are right, Bitcoin is becoming more popular every day. But it seems to me that not all of it will be used. Many simply do not trust Bitcoin. He will always be an alternative currency
It is hard to predict what will happen in our future. I do think that in 2022, almost people on this planet have heard about Bitcoin and some of them even use it as a primary currency. However, we can not deny the possibility that other altcoin will win the battle against Bitcoin. Etherium may become the new world famous cryptos
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January 02, 2017, 02:23:55 AM
 #1312

Im thinking more like 2020 and everyone will be using bitcoin in one form or another.

I don't even think that 2020 or 2022 is bitcoin is on total adoption by that time. 3 - 5 years from now on is still not enough to make the people use bitcoin. But thinking about its earlier years it went very far by now and it seems that many people are getting into it everyday. Still I don't think with those given years bitcoin is not going to be used by almost everybody.

Yes, you are right, Bitcoin is becoming more popular every day. But it seems to me that not all of it will be used. Many simply do not trust Bitcoin. He will always be an alternative currency
It is hard to predict what will happen in our future. I do think that in 2022, almost people on this planet have heard about Bitcoin and some of them even use it as a primary currency. However, we can not deny the possibility that other altcoin will win the battle against Bitcoin. Etherium may become the new world famous cryptos
It can't be possible, until now not all people have ever heard about interne, think of the poorest of the poor. They are the ones who have no interest of the technology, their focus is survival.

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January 02, 2017, 03:57:08 AM
 #1313

Im thinking more like 2020 and everyone will be using bitcoin in one form or another.

I don't even think that 2020 or 2022 is bitcoin is on total adoption by that time. 3 - 5 years from now on is still not enough to make the people use bitcoin. But thinking about its earlier years it went very far by now and it seems that many people are getting into it everyday. Still I don't think with those given years bitcoin is not going to be used by almost everybody.

Yes, you are right, Bitcoin is becoming more popular every day. But it seems to me that not all of it will be used. Many simply do not trust Bitcoin. He will always be an alternative currency
It is hard to predict what will happen in our future. I do think that in 2022, almost people on this planet have heard about Bitcoin and some of them even use it as a primary currency. However, we can not deny the possibility that other altcoin will win the battle against Bitcoin. Etherium may become the new world famous cryptos
That is exact, bitcoin becoming the primary currency in 2022 is unclear due to many reasons. But this time it's not gonna be a battle between altcoins and bitcoins but between btc and fiat virtual currency.

At this point of time even if Microsoft integrates bitcoin into their programs it is hard to tell if bitcoin has still the upper hand in virtual currency when that time comes.
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January 02, 2017, 04:21:37 AM
 #1314

Im thinking more like 2020 and everyone will be using bitcoin in one form or another.

I don't even think that 2020 or 2022 is bitcoin is on total adoption by that time. 3 - 5 years from now on is still not enough to make the people use bitcoin. But thinking about its earlier years it went very far by now and it seems that many people are getting into it everyday. Still I don't think with those given years bitcoin is not going to be used by almost everybody.

Yes, you are right, Bitcoin is becoming more popular every day. But it seems to me that not all of it will be used. Many simply do not trust Bitcoin. He will always be an alternative currency
It is hard to predict what will happen in our future. I do think that in 2022, almost people on this planet have heard about Bitcoin and some of them even use it as a primary currency. However, we can not deny the possibility that other altcoin will win the battle against Bitcoin. Etherium may become the new world famous cryptos
That is exact, bitcoin becoming the primary currency in 2022 is unclear due to many reasons. But this time it's not gonna be a battle between altcoins and bitcoins but between btc and fiat virtual currency.

At this point of time even if Microsoft integrates bitcoin into their programs it is hard to tell if bitcoin has still the upper hand in virtual currency when that time comes.
No it's not possible. Even the internet is not used by all the people in the world and it is out for years now, and you expect a limited currency like Bitcoin will be use by every person in the world. All people need to have access of the internet first before we expect people to be aware of Bitcoin. And also Bitcoin can be block by the government we can't expect anything for the future of Bitcoin as of yet.
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January 02, 2017, 07:32:02 PM
 #1315

Im thinking more like 2020 and everyone will be using bitcoin in one form or another.

I don't even think that 2020 or 2022 is bitcoin is on total adoption by that time. 3 - 5 years from now on is still not enough to make the people use bitcoin. But thinking about its earlier years it went very far by now and it seems that many people are getting into it everyday. Still I don't think with those given years bitcoin is not going to be used by almost everybody.
although the number of bitcoin uses are increasing continuously, but still it is hard to believe that in 2022 almost all the people of the world will be using bitcoin at that time.

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January 02, 2017, 07:53:07 PM
 #1316

In short the simple answer is no.
You're forgetting how many people that live in LEDCs that account for world population percentages. Most don't even have access to internet or know what it is let alone the Blockchain.
Of those in the developed world that do have internet, there are still plenty who have no idea what BTC is as well as those that do but have no interest in it whatsoever.
Bitcoin is still evolving at a rapid rate. Give it a few years and if it's current growth is sustained then expect to see a lot more adoption and even further growth (growing demand vs dwindling supply). However it will be far from remotely close to having widespread adoption by then.
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January 02, 2017, 09:11:27 PM
 #1317

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.
of course there are some people who do not like bitcoin, how could competitors like bitcoin, while they get damages
I agree with you, that would be very difficult even impossible to bitcoin user can have users everyone

Most people are maneuver mass. If media says Bitcoin is bad, evil, they won't use it. But if everyone starts using it, they immediately start liking Bitcoin and using it. Real big amounts of people will start using Bitcoin only when media and famous sites, brands start promoting BTC. Until there I believe the community will continue small. But I don't worry with it a lot, the Crypto-Currencies are going very well and that is what matters.
Even if many people start using bitcoin more and more governments will still use fiat, and we cannot give up using fiat because that is how people use money and receive and pay their bills with and trying to change that is really hard, people are not ready of bitcoin yet because it has been not implemented into our everyday lives yet and that is going to take at least ten more years.
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January 02, 2017, 09:19:37 PM
 #1318

It's completely unclear. I can't tell you the year in which bitcoin will begin to be adopted by the masses, but I can tell you that it's definitely going to happen. There's nothing any government can do about it to be honest. One day, whenever that day may be, bitcoin is going to cause a revolution.
BitFinnese
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January 02, 2017, 09:33:47 PM
 #1319

In short the simple answer is no.
You're forgetting how many people that live in LEDCs that account for world population percentages. Most don't even have access to internet or know what it is let alone the Blockchain.
Of those in the developed world that do have internet, there are still plenty who have no idea what BTC is as well as those that do but have no interest in it whatsoever.
Bitcoin is still evolving at a rapid rate. Give it a few years and if it's current growth is sustained then expect to see a lot more adoption and even further growth (growing demand vs dwindling supply). However it will be far from remotely close to having widespread adoption by then.

Indeed, one sample is my country.  Almost all people I talked to does not know about Bitcoin, even those who are working online does not know Bitcoin (funny isn't it)  They may have come across it but they think it is a waste of time to read about it.  So how can everyone be using Bitcoin in 2022 when not all the people who have internet access knew about it.
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January 02, 2017, 09:42:08 PM
 #1320

Im thinking more like 2020 and everyone will be using bitcoin in one form or another.

I don't even think that 2020 or 2022 is bitcoin is on total adoption by that time. 3 - 5 years from now on is still not enough to make the people use bitcoin. But thinking about its earlier years it went very far by now and it seems that many people are getting into it everyday. Still I don't think with those given years bitcoin is not going to be used by almost everybody.
although the number of bitcoin uses are increasing continuously, but still it is hard to believe that in 2022 almost all the people of the world will be using bitcoin at that time.
It is an unrealistic goal for a period of time of a few years. For this technology to have this kind of success, would take years and years in which people would have to spread the idea, so people would realize the importance of it. After a while, I believe the network effect would be very strong, and finally we would have a large percentage of the global population using it.
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