WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?

[Kasabus]

I think in 5 years Bitcoin will be known to almost everybody on this planet, but will they be using it that's a question. I think most of them will but can't say for everyone.

That's the reality they may know bitcoin but also another is that, they will know it for good reason or with bad? Because many are already have knowledge in bitcoin but their knowledge into is very bad, thinking that bitcoin is just something that is being used for bad things, illegal activities and other types of crimes which is very unfair but its the reality.

Knowing bitcoin to everyone for its beneficial purpose is important and i dont think everybody in the world be introduced to bitcoins even after 5 years. I can say that bitcoins will be used in majority of the nations if not all. Most under developed areas still not having Internet cannot use bitcoins without infrastructure of Internet and computers.

A certain point, many or more than half still not using nor understand what is really a bitcoin.How does it work?how to use it?how to earn it?Still their are lots convincing ,campaigns ,advertisements to be done in order for it to grow more so that almost everyone will be able to use it.That 5 years run would still be struggle if it really try to be used to everyone,still mostly are still using fiat as means of paying and everything that goes beyond money.Through this great innovation maybe when 2022 comes hopefully bitcoin still on its high mark then we can say that it will come that is used by everyone already.

[pacifista]

It will took so many years before all of us will accept bitcoin to be use on all merchants, from small business to big companies. By then bitcoin will have its fixed price cause.bitcoin will become main currency all over the world.

[Taki]

Yes theres a big possiblity that some or maybe should we say ,almost everyone will  use bitcoin on that time.because of some changes in the market. Cryptocurrency will rule on that year.

Well i think theres a difference between btc being the main currency in 5years and btc being used by most people that time. I think its the latter, meaning that by 2022, most people would've already been aware and in a way have used btc. I'm sure fiat would still be the top currency then but most people would likely have btc wallets already and have transacted one way or another using bitcoin

The user base of bitcoins will surely get increased by that point of time but its hard to predict that each and every one will start using bitcoins by 2022 as bitcoin is still new to many people and have not reached to each and every corner of the world and it will most probably take long time for that to happen.

What's meant here is that by 2022, most people have been exposed or have had contact with bitcoin or cryptocurrencies in general. Which is highly possible at the current rate of bitcoin usage. It doesn't mean that if most people have used btc, that they'll be using or depending on it exclusively

The number of people using the Internet is increasing, this can be a decisive factor for Bitcoin. But even so, it will be difficult to reach so many people in just five years, because there are many people who need to be educated about the different aspects that circulate this technology, such as decentralization, peer-to-peer technologies, blockchain technologies among others things.

Maybe not just in a matter of five years, but much more, the people would start to adapting to use bitcoin since everyone would be using it. That's how we are. What the society does, eventually we do too. It's not that hard to learn all these stuffs though since we learned it all by ourselves. We didn't even spend a whole night to understand the basic things about bitcoin. Maybe the whole concept of bitcoin, and the foundation of mining, trading, gambling, etc. and other stuffs about bitcoin, that would take a little while. But when it comes to just "using" bitcoins, it wouldn't take more than a day.

So you have suggestion that bitcoin will be used almost everyone in five years?
I think there is no chance to it happen. I see the problem to that happen is that bitcoin limited by 21 millions and in fact it will be not enough for all humanity. But it's kinda the last problem of spreading bitcoin over the world. The biggest problem is that it stays many places in the world where there is no even a computer and bitcoin is impossible without internet connection. All that factors will disturb spreading of bitcoin. And I think the time when almost everyone will use bitcoin will never come.

[Fatanut]

Yes theres a big possiblity that some or maybe should we say ,almost everyone will  use bitcoin on that time.because of some changes in the market. Cryptocurrency will rule on that year.

Well i think theres a difference between btc being the main currency in 5years and btc being used by most people that time. I think its the latter, meaning that by 2022, most people would've already been aware and in a way have used btc. I'm sure fiat would still be the top currency then but most people would likely have btc wallets already and have transacted one way or another using bitcoin

The user base of bitcoins will surely get increased by that point of time but its hard to predict that each and every one will start using bitcoins by 2022 as bitcoin is still new to many people and have not reached to each and every corner of the world and it will most probably take long time for that to happen.

What's meant here is that by 2022, most people have been exposed or have had contact with bitcoin or cryptocurrencies in general. Which is highly possible at the current rate of bitcoin usage. It doesn't mean that if most people have used btc, that they'll be using or depending on it exclusively

The number of people using the Internet is increasing, this can be a decisive factor for Bitcoin. But even so, it will be difficult to reach so many people in just five years, because there are many people who need to be educated about the different aspects that circulate this technology, such as decentralization, peer-to-peer technologies, blockchain technologies among others things.

Maybe not just in a matter of five years, but much more, the people would start to adapting to use bitcoin since everyone would be using it. That's how we are. What the society does, eventually we do too. It's not that hard to learn all these stuffs though since we learned it all by ourselves. We didn't even spend a whole night to understand the basic things about bitcoin. Maybe the whole concept of bitcoin, and the foundation of mining, trading, gambling, etc. and other stuffs about bitcoin, that would take a little while. But when it comes to just "using" bitcoins, it wouldn't take more than a day.

So you have suggestion that bitcoin will be used almost everyone in five years?
I think there is no chance to it happen. I see the problem to that happen is that bitcoin limited by 21 millions and in fact it will be not enough for all humanity. But it's kinda the last problem of spreading bitcoin over the world. The biggest problem is that it stays many places in the world where there is no even a computer and bitcoin is impossible without internet connection. All that factors will disturb spreading of bitcoin. And I think the time when almost everyone will use bitcoin will never come.

Do you not read?

Maybe not just in a matter of five years, but much more, the people would start to adapting to use bitcoin since everyone would be using it.

It's literally right in the start of my post.
The 21 million limit of bitcoin wouldn't affect the adoption that much since we can always have small denominations like 1mBtc, 1uBtc, etc. The scarcity of bitcoin would create value to it. If there was no limit, bitcoin wouldn't be this valuable or it might not even be valuable.

Simply take a look at the water, in places that are surrounded by the sea, water isn't expensive. You can get it easily. But in places like Dubai, water is valuable and they just don't waste it. They preserve it and at the same time the recycle water.

In the case of the people that has access to the Internet and those who do not, you might want to read about the Digital divide. There are also proposals wherein they would launch hot air balloons (or some air stuffs) that would carry Internet/WiFi signals. That would allow remote places to have Internet connection but it also has its disadvantages like everyone being connected in the same network, etc.

[burner2014]

I think in 5 years Bitcoin will be known to almost everybody on this planet, but will they be using it that's a question. I think most of them will but can't say for everyone.

That's the reality they may know bitcoin but also another is that, they will know it for good reason or with bad? Because many are already have knowledge in bitcoin but their knowledge into is very bad, thinking that bitcoin is just something that is being used for bad things, illegal activities and other types of crimes which is very unfair but its the reality.

Knowing bitcoin to everyone for its beneficial purpose is important and i dont think everybody in the world be introduced to bitcoins even after 5 years. I can say that bitcoins will be used in majority of the nations if not all. Most under developed areas still not having Internet cannot use bitcoins without infrastructure of Internet and computers.

We cannot really say that bitcoin can adopt by all nation, but, I can say that it will be widely used by each country who seen it as an opportunity in the economic growth because it will increase income tax and businesses can grow more since they can add bitcoin as one of their mode of payment, while an individual can earn more that what he is earning in employment.

[bravehearth0319]

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.

Maybe, I guess it will happen that in year 2022 many bitcoin enthusiast more involved into this industry. And many of the business by that time will already adopting the system concept of bitcoin. and the price value in the market for sure its high also. There majority of us will become rich, cheers!!!

[sabbirshm]

I don't agree bitcoin will be used by almost everyone in 2022.Though bitcoin is spreading so fast and it's making us to believe on it.But one of the biggest problem of it is bitcoin can't be controlled by government so that many people do illegal activities by bitcoin.So bitcoin should change a lot to make more people accept it.

[MMA]

I think in 5 years Bitcoin will be known to almost everybody on this planet, but will they be using it that's a question. I think most of them will but can't say for everyone.

That's the reality they may know bitcoin but also another is that, they will know it for good reason or with bad? Because many are already have knowledge in bitcoin but their knowledge into is very bad, thinking that bitcoin is just something that is being used for bad things, illegal activities and other types of crimes which is very unfair but its the reality.

Knowing bitcoin to everyone for its beneficial purpose is important and i dont think everybody in the world be introduced to bitcoins even after 5 years. I can say that bitcoins will be used in majority of the nations if not all. Most under developed areas still not having Internet cannot use bitcoins without infrastructure of Internet and computers.

This is what I think too, many are still going to be lack of knowledge on what is bitcoin and 5 years is not going to be enough from now on to let the world know that bitcoin is existing. But still it depends on how the developers or us will use technology since there are social medias and other platforms we can use to advertise, it just really depends on how we are going to attract people or unless the government will force people to use it before 2022.

and specially in third world countries and backward area, where people even do have their basic facilities like electric city and education, the education ration in such countries are very low. they even do not have access to computer and internet. therefore i do not think that is such an easy task i think may be less that 10% of the total population may be using bitcoin as optional. while rest will still depend on their fiat currencies.

[bestluck]

I don't agree bitcoin will be used by almost everyone in 2022.Though bitcoin is spreading so fast and it's making us to believe on it.But one of the biggest problem of it is bitcoin can't be controlled by government so that many people do illegal activities by bitcoin.So bitcoin should change a lot to make more people accept it.

You are wrong and do not know much about bitcoin because you can see that bitcoin is going very well and the technology is also more advance and the adoption rate is also faster than the adoption rate of any other asset or money so it is obvious that in 2022 it will be adopted in almost all parts of the world. At that time most of the business and almost all of the online businesses will be relying on bitcoin for their finance and payment etc.

[d@nte]

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.

Maybe, I guess it will happen that in year 2022 many bitcoin enthusiast more involved into this industry. And many of the business by that time will already adopting the system concept of bitcoin. and the price value in the market for sure its high also. There majority of us will become rich, cheers!!!

I think that in 2022 it would be too soon to see Bitcoin reaching such a large number of people. However, I am really impressed with Bitcoin's progress in recent years. Bitcoin is a relatively new technology, and is already receiving investment from large companies and large investors. I am waiting to see what projects like MegaUpload 2.0, Bitcache, Lightning Network and other projects are able to bring to the ecosystem.

[Victorycoin]

I think in 5 years Bitcoin will be known to almost everybody on this planet, but will they be using it that's a question. I think most of them will but can't say for everyone.

That's the reality they may know bitcoin but also another is that, they will know it for good reason or with bad? Because many are already have knowledge in bitcoin but their knowledge into is very bad, thinking that bitcoin is just something that is being used for bad things, illegal activities and other types of crimes which is very unfair but its the reality.

Knowing bitcoin to everyone for its beneficial purpose is important and i dont think everybody in the world be introduced to bitcoins even after 5 years. I can say that bitcoins will be used in majority of the nations if not all. Most under developed areas still not having Internet cannot use bitcoins without infrastructure of Internet and computers.

This is what I think too, many are still going to be lack of knowledge on what is bitcoin and 5 years is not going to be enough from now on to let the world know that bitcoin is existing. But still it depends on how the developers or us will use technology since there are social medias and other platforms we can use to advertise, it just really depends on how we are going to attract people or unless the government will force people to use it before 2022.

and specially in third world countries and backward area, where people even do have their basic facilities like electric city and education, the education ration in such countries are very low. they even do not have access to computer and internet. therefore i do not think that is such an easy task i think may be less that 10% of the total population may be using bitcoin as optional. while rest will still depend on their fiat currencies.

Bitcoin without any doubt has a very strong appeal and given the abysmal state of most fiat currencies, the awareness and adoption of Bitcoin is sure to soar, but getting to be adopted by the about 7 billion people that presently inhabit the earth by 2022 is like day dreaming. All the same, it ought not to be an issue whether everyone embraces Bitcoin or not, just a significant portion of the world's population is just okay for Bitcoin to be all it could possibly be.

Come to think of it, with the user base at present, we are beginning to experience crowded network and so much delays in confirmation of transactions, how worse can it get if drastic measures are not taken now? I think our primary concern now show be to have Bitcoin truly ready for mass adoption, because it is sure to happen someday given the goings-on in the finances of many countries across the globe.

[jaysabi]

I think in 5 years Bitcoin will be known to almost everybody on this planet, but will they be using it that's a question. I think most of them will but can't say for everyone.

That's the reality they may know bitcoin but also another is that, they will know it for good reason or with bad? Because many are already have knowledge in bitcoin but their knowledge into is very bad, thinking that bitcoin is just something that is being used for bad things, illegal activities and other types of crimes which is very unfair but its the reality.

Knowing bitcoin to everyone for its beneficial purpose is important and i dont think everybody in the world be introduced to bitcoins even after 5 years. I can say that bitcoins will be used in majority of the nations if not all. Most under developed areas still not having Internet cannot use bitcoins without infrastructure of Internet and computers.

This is what I think too, many are still going to be lack of knowledge on what is bitcoin and 5 years is not going to be enough from now on to let the world know that bitcoin is existing. But still it depends on how the developers or us will use technology since there are social medias and other platforms we can use to advertise, it just really depends on how we are going to attract people or unless the government will force people to use it before 2022.

and specially in third world countries and backward area, where people even do have their basic facilities like electric city and education, the education ration in such countries are very low. they even do not have access to computer and internet. therefore i do not think that is such an easy task i think may be less that 10% of the total population may be using bitcoin as optional. while rest will still depend on their fiat currencies.

Bitcoin without any doubt has a very strong appeal and given the abysmal state of most fiat currencies, the awareness and adoption of Bitcoin is sure to soar, but getting to be adopted by the about 7 billion people that presently inhabit the earth by 2022 is like day dreaming. All the same, it ought not to be an issue whether everyone embraces Bitcoin or not, just a significant portion of the world's population is just okay for Bitcoin to be all it could possibly be.

Come to think of it, with the user base at present, we are beginning to experience crowded network and so much delays in confirmation of transactions, how worse can it get if drastic measures are not taken now? I think our primary concern now show be to have Bitcoin truly ready for mass adoption, because it is sure to happen someday given the goings-on in the finances of many countries across the globe.

Bitcoin needs a stable value before it has mass appeal. Nobody wants a currency that they ant have a reasonable expectation what the value will be day to day. Bitcoin routinely fluctuates 5% in a single day, and 20% movements are not uncommon. This is anathema to a currency. The usd, which devalues very slowly over long periods of time, is far superior for transactions that a currency whose value is a giant question mark every day.

[Harlot]

by 2022? in 6 years?   Hardly so...
by 2030 - yes, very likelly.
by 2050 -  VERY sure. Not even small doubt. FIAT will be found only in the history books by 2050

Bro are you even for real? Or at least thinking about what you are saying? Because it is highly unlikely that our world will be dominated by something that is not controlled by the government. Even in the year 2050 Bitcoin won't run the show. As long as there is a government running a country, cryptocurrency won't be use by anyone. Also not all people in the Earth has access to the internet why would you think Bitcoin will be use by everyone?

[yoseph]

It's achievable if major corporations like Bestbuy,Walmart all start to accept it but the problem of taxes is going to hinder it. Since Uncle Sam will not allow people to run away with his taxes,  And Governments would like to be in control of this.

[diegz]

It's achievable if major corporations like Bestbuy,Walmart all start to accept it but the problem of taxes is going to hinder it. Since Uncle Sam will not allow people to run away with his taxes,  And Governments would like to be in control of this.

Nope, taxes will always be there if we want it to be in the mainstream. Without tax, it will be illegal. Besides, that's our share to our country's expenses. So we should not refuse if tax is there in order for bitcoin to be used by many in 2022 legally in the streets. Perhaps, the more people use bitcoin, the smaller the chance the governments will refuse to accept it, provided that it will not violate any law. 

[zuyfg888]

I think in 5 years Bitcoin will be known to almost everybody on this planet, but will they be using it that's a question. I think most of them will but can't say for everyone.

That's the reality they may know bitcoin but also another is that, they will know it for good reason or with bad? Because many are already have knowledge in bitcoin but their knowledge into is very bad, thinking that bitcoin is just something that is being used for bad things, illegal activities and other types of crimes which is very unfair but its the reality.

Knowing bitcoin to everyone for its beneficial purpose is important and i dont think everybody in the world be introduced to bitcoins even after 5 years. I can say that bitcoins will be used in majority of the nations if not all. Most under developed areas still not having Internet cannot use bitcoins without infrastructure of Internet and computers.

This is what I think too, many are still going to be lack of knowledge on what is bitcoin and 5 years is not going to be enough from now on to let the world know that bitcoin is existing. But still it depends on how the developers or us will use technology since there are social medias and other platforms we can use to advertise, it just really depends on how we are going to attract people or unless the government will force people to use it before 2022.

and specially in third world countries and backward area, where people even do have their basic facilities like electric city and education, the education ration in such countries are very low. they even do not have access to computer and internet. therefore i do not think that is such an easy task i think may be less that 10% of the total population may be using bitcoin as optional. while rest will still depend on their fiat currencies.

IT is the fact that less 10% of the world's population are going to use bitcoin by that time. We are too many in this world and it's really hard to believe that it can be used by almost everyone on that year. That's a problem in third world countries and depressed areas that there's no technology they are also included to the world's population.

Just like other gadgets we are using now, like cellphones, first release of cellphone is not yet been too popular, but after 10 - 5 years, cellphone became popular, like on bitcoins, first we are not familiarized with bitcoins, then after we have been using it, we promote them to other people. We must promote and advertise bitcoin to be popular.

[Mbah Slamet]

I'm not sure that bitcoin will be used almost 5 years again. To be honest, at this time there are still many people who do not know the bitcoin, if now socializing done then at least it took 10 years to be able to understand the public. And the most important points is bitcoin still not getting the approval of any country. In my conclusion, bitcoin will not be used almost in 2022.

[Mr. Big]

I'm not sure that bitcoin will be used almost 5 years again. To be honest, at this time there are still many people who do not know the bitcoin, if now socializing done then at least it took 10 years to be able to understand the public. And the most important points is bitcoin still not getting the approval of any country. In my conclusion, bitcoin will not be used almost in 2022.

When it comes to advertisement, we don't need many years if the one who advertise it is a well known personality in the world, specially the economists... We don't need a lot of years if that happens, but if it doesn't happen, we will need a lot more than 10 years if we would just spread it normally without hyping... 2022 is still far, so there is still a chance... Who knows... 

[Matthias Green]

Bet it will be used. Will it dominate the market? Hardly if it don't change. But, with the government control it'll lose big good portion of own attractiveness.

[Victorycoin]

I think in 5 years Bitcoin will be known to almost everybody on this planet, but will they be using it that's a question. I think most of them will but can't say for everyone.

That's the reality they may know bitcoin but also another is that, they will know it for good reason or with bad? Because many are already have knowledge in bitcoin but their knowledge into is very bad, thinking that bitcoin is just something that is being used for bad things, illegal activities and other types of crimes which is very unfair but its the reality.

Knowing bitcoin to everyone for its beneficial purpose is important and i dont think everybody in the world be introduced to bitcoins even after 5 years. I can say that bitcoins will be used in majority of the nations if not all. Most under developed areas still not having Internet cannot use bitcoins without infrastructure of Internet and computers.

This is what I think too, many are still going to be lack of knowledge on what is bitcoin and 5 years is not going to be enough from now on to let the world know that bitcoin is existing. But still it depends on how the developers or us will use technology since there are social medias and other platforms we can use to advertise, it just really depends on how we are going to attract people or unless the government will force people to use it before 2022.

and specially in third world countries and backward area, where people even do have their basic facilities like electric city and education, the education ration in such countries are very low. they even do not have access to computer and internet. therefore i do not think that is such an easy task i think may be less that 10% of the total population may be using bitcoin as optional. while rest will still depend on their fiat currencies.

Bitcoin without any doubt has a very strong appeal and given the abysmal state of most fiat currencies, the awareness and adoption of Bitcoin is sure to soar, but getting to be adopted by the about 7 billion people that presently inhabit the earth by 2022 is like day dreaming. All the same, it ought not to be an issue whether everyone embraces Bitcoin or not, just a significant portion of the world's population is just okay for Bitcoin to be all it could possibly be.

Come to think of it, with the user base at present, we are beginning to experience crowded network and so much delays in confirmation of transactions, how worse can it get if drastic measures are not taken now? I think our primary concern now show be to have Bitcoin truly ready for mass adoption, because it is sure to happen someday given the goings-on in the finances of many countries across the globe.

Bitcoin needs a stable value before it has mass appeal. Nobody wants a currency that they ant have a reasonable expectation what the value will be day to day. Bitcoin routinely fluctuates 5% in a single day, and 20% movements are not uncommon. This is anathema to a currency. The usd, which devalues very slowly over long periods of time, is far superior for transactions that a currency whose value is a giant question mark every day.

You are right, stability in price is highly essential especially when it comes to buying goods and services, but I think it has got to attend mass adoption first before we can have stability in price. When the coins are spread in the hands of many more bitcoiners, the strength in number would really start to play out and the coin would become more liquid.

For speculators however, those fluctuations in price turns out to be good news, because that is the tonic that creates the profit making opportunities.