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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169527 times)
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February 17, 2017, 07:30:46 AM
 #1621

Highly probable since bitcoins aggressively progresses day by day and there will be some adjustment in the future on its flexibility and availability. Even if there were several factor affecting the use of bitcoins still it had more pros that cons.In my opinion it would be a means of paying/purchasing for almost on future transactions that will come.
You mean everyone, that's too unrealistic, though it's progressive as we all see but the progress is not that big to reach that level of attraction to the masses. Bitcoin has it's limit, it is only for online transaction, simply logic my friend, not all people uses online transaction and AFAIK not the majority uses online transaction.

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kidoseagle0312
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February 17, 2017, 04:56:44 PM
 #1622

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.

In everyday of our lives there are a thousands of users are being added here in bitcoin world in different places of the countries. But not so sure if that is a thousands only thing sure was there is a daily users comes up everyday and investing in bitcoin too. So its not far to be happen if by 2022 many bitcoin users would be a part of this industry. But I think bank still exist by that time too, it maybe or maybe that they also accept bitcoin too.
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February 17, 2017, 05:02:19 PM
 #1623

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.
Well we don't really know if bitcoin can really destroy the Fiat system,
But if it does then everyone would surely use it because it is the only money that can be used .

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February 18, 2017, 07:00:36 PM
 #1624

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.
Well we don't really know if bitcoin can really destroy the Fiat system,
But if it does then everyone would surely use it because it is the only money that can be used .
You all are thinking too far now if you see till now I think only 3-6% of the world population are actually aware of bitcoins and maybe 1-2% have invested in it. There is a very less probability that everyone in the world is ever going to be aware of bitcoin. And using it as a day to day currency can be a disaster as the price would be stable so it is gonna badly affecr us all. I think the best thing is to let it remain like an investment platform.
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February 18, 2017, 07:46:42 PM
 #1625

Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.
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February 19, 2017, 12:11:28 PM
 #1626

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.
Well we don't really know if bitcoin can really destroy the Fiat system,
But if it does then everyone would surely use it because it is the only money that can be used .
You all are thinking too far now if you see till now I think only 3-6% of the world population are actually aware of bitcoins and maybe 1-2% have invested in it. There is a very less probability that everyone in the world is ever going to be aware of bitcoin. And using it as a day to day currency can be a disaster as the price would be stable so it is gonna badly affecr us all. I think the best thing is to let it remain like an investment platform.

Supposed that more and more people are starting to use bitcoins, you can't choose to "let it remain like an investment platform" because the economy would be based on what people are doing. If everybody's using bitcoin as a mode of payment because they always buy stuffs online, then be it. When almost every fiat has been converted to bitcoins, the price of bitcoin would be stable and the prices of the items for sale would be based on bitcoins.

You should be grateful that you were one of the people that have the opportunity to use bitcoin as an investment. Although you can still do it when mass adoption's taking over, you would have better profits if you invest now.
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February 19, 2017, 12:27:04 PM
 #1627

Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.

I'm thinking about that scenario also that maybe 1% of gold investors will switch to bitcoin easily. But even they will migrate to bitcoin, it doesn't mean that everyone will use bitcoin. They will be just a simple additional users of bitcoin and they are not enough to be called as everyone because many will still doubt with it.

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February 19, 2017, 01:01:57 PM
 #1628

Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.

I'm thinking about that scenario also that maybe 1% of gold investors will switch to bitcoin easily. But even they will migrate to bitcoin, it doesn't mean that everyone will use bitcoin. They will be just a simple additional users of bitcoin and they are not enough to be called as everyone because many will still doubt with it.

Right now very small portion of entire population is aware about bitcoins and it won't change drastically in next 5 years there will be many new users who will start using bitcoins by then but its impossible to believe that everyone would start using it in such a short span of time.
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February 19, 2017, 02:19:36 PM
 #1629

Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.

I'm thinking about that scenario also that maybe 1% of gold investors will switch to bitcoin easily. But even they will migrate to bitcoin, it doesn't mean that everyone will use bitcoin. They will be just a simple additional users of bitcoin and they are not enough to be called as everyone because many will still doubt with it.

Right now very small portion of entire population is aware about bitcoins and it won't change drastically in next 5 years there will be many new users who will start using bitcoins by then but its impossible to believe that everyone would start using it in such a short span of time.

Yes 5 years is not enough to make the noise of bitcoin to be heard worldwide. And it should really take time and upon looking on its releasing day. We are still few on this world who are using bitcoin since 2009. Maybe comparing that way is enough already to say that bitcoin is not going to be used by almost everyone on that year maybe 2052?

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February 19, 2017, 02:44:28 PM
 #1630

Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.

I'm thinking about that scenario also that maybe 1% of gold investors will switch to bitcoin easily. But even they will migrate to bitcoin, it doesn't mean that everyone will use bitcoin. They will be just a simple additional users of bitcoin and they are not enough to be called as everyone because many will still doubt with it.

Right now very small portion of entire population is aware about bitcoins and it won't change drastically in next 5 years there will be many new users who will start using bitcoins by then but its impossible to believe that everyone would start using it in such a short span of time.

Yes 5 years is not enough to make the noise of bitcoin to be heard worldwide. And it should really take time and upon looking on its releasing day. We are still few on this world who are using bitcoin since 2009. Maybe comparing that way is enough already to say that bitcoin is not going to be used by almost everyone on that year maybe 2052?

Even if bitcoin reaches everywhere in coming years there will be certain percentage of people who will prefer to stay away from bitcoins and continue to use fiat currency or credit/debit cards for making purchases so we cannot expect that everyone will start using bitcoins in near future.
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February 19, 2017, 03:07:52 PM
 #1631

Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.

I'm thinking about that scenario also that maybe 1% of gold investors will switch to bitcoin easily. But even they will migrate to bitcoin, it doesn't mean that everyone will use bitcoin. They will be just a simple additional users of bitcoin and they are not enough to be called as everyone because many will still doubt with it.

Right now very small portion of entire population is aware about bitcoins and it won't change drastically in next 5 years there will be many new users who will start using bitcoins by then but its impossible to believe that everyone would start using it in such a short span of time.
especially the development of bitcoin can be quite slow. certainly within five years. bitcoin situation will not change much especially in the number of users. certainly will not cover all people in the world
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February 19, 2017, 03:19:15 PM
 #1632

Nope. As a realist, it will not be used by most people in terms of trades, purchasing, selling or whatnot. It will still be used, yes, however mainly for investment purposes and NOT as a currency as it was originally intended to be. But it's good that some people right now are actually using bitcoin for online purposes, and some large businesses and companies are also integrating bitcoin in their servics via Bitpay.

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February 20, 2017, 03:21:32 AM
 #1633

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.
Well we don't really know if bitcoin can really destroy the Fiat system,
But if it does then everyone would surely use it because it is the only money that can be used .
You all are thinking too far now if you see till now I think only 3-6% of the world population are actually aware of bitcoins and maybe 1-2% have invested in it. There is a very less probability that everyone in the world is ever going to be aware of bitcoin. And using it as a day to day currency can be a disaster as the price would be stable so it is gonna badly affecr us all. I think the best thing is to let it remain like an investment platform.

I think you're estimating way high. 1-2% invested in bitcoin would by 70-140 million people (based on a world population of 7 billion people). If there were actually that many people who were invested in bitcoin, there wouldn't be nearly enough bitcoins to be going around, and the price would therefore be far, far higher than it is currently (sitting around $1000). I also view numbers that high to be pretty unrealistic. Bitcoin is serving quite a niche function currently, and I don't see nearly that many people every finding a use for it.

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February 20, 2017, 04:30:59 PM
 #1634

Bitcoin is becoming an expensive currencie to allow all people to be part of it, even allowing them to buy small portion of bitcoin it will still being an expensive investement. But well at 2022 bitcoil will be used as investment option, and im pretty sure some investors of gold will switch to bitcoin once they realise the potencial of it.

I'm thinking about that scenario also that maybe 1% of gold investors will switch to bitcoin easily. But even they will migrate to bitcoin, it doesn't mean that everyone will use bitcoin. They will be just a simple additional users of bitcoin and they are not enough to be called as everyone because many will still doubt with it.

Right now very small portion of entire population is aware about bitcoins and it won't change drastically in next 5 years there will be many new users who will start using bitcoins by then but its impossible to believe that everyone would start using it in such a short span of time.

Yes 5 years is not enough to make the noise of bitcoin to be heard worldwide. And it should really take time and upon looking on its releasing day. We are still few on this world who are using bitcoin since 2009. Maybe comparing that way is enough already to say that bitcoin is not going to be used by almost everyone on that year maybe 2052?

Even if bitcoin reaches everywhere in coming years there will be certain percentage of people who will prefer to stay away from bitcoins and continue to use fiat currency or credit/debit cards for making purchases so we cannot expect that everyone will start using bitcoins in near future.

We can't deny and force those people that aren't going to have any interest on using bitcoin. And that's for sure that there are type of people that aren't optimistic with this such creation and decentralization. But still most of the people that wants decency and freedom will going to choose bitcoin but I can't say if almost everyone will do it on 2022.  Grin

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February 20, 2017, 04:45:19 PM
 #1635

Nope. As a realist, it will not be used by most people in terms of trades, purchasing, selling or whatnot. It will still be used, yes, however mainly for investment purposes and NOT as a currency as it was originally intended to be. But it's good that some people right now are actually using bitcoin for online purposes, and some large businesses and companies are also integrating bitcoin in their servics via Bitpay.

Well, realistically i agree with you there dude. It's actually not bad if bitcoin isn't used by everyone as it will still be relevant to the people using it by that time. It can make life easier for online transactions for us users and i think in 5 years, the number of users will considerably increase because of it's features

 
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February 22, 2017, 05:55:33 PM
 #1636

i do not think so. to me as still hardly 0.5 percent people may be using bitcoin, so it is not such an easy job that in next few year all the people of the world can use bicoin, i think it will take decades so that all people of the world start using bitcoins.

Well, all the views opinion by the community here have their own good point of side in the year 2022. This is just an speculation about the future of bitcoin. Now regarding about the the topic, it maybe or maybe not that by the year 2022 Bitcoin users can increase or decrease the users, but I doubt it. Because like I always said we had a daily increase of number of bitcoin users all around the world.
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February 23, 2017, 11:06:16 AM
 #1637

i do not think so. to me as still hardly 0.5 percent people may be using bitcoin, so it is not such an easy job that in next few year all the people of the world can use bicoin, i think it will take decades so that all people of the world start using bitcoins.

Well, all the views opinion by the community here have their own good point of side in the year 2022. This is just an speculation about the future of bitcoin. Now regarding about the the topic, it maybe or maybe not that by the year 2022 Bitcoin users can increase or decrease the users, but I doubt it. Because like I always said we had a daily increase of number of bitcoin users all around the world.

In 2022, the user number will increase at least by 10 times.
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February 23, 2017, 02:10:07 PM
 #1638

i do not think so. to me as still hardly 0.5 percent people may be using bitcoin, so it is not such an easy job that in next few year all the people of the world can use bicoin, i think it will take decades so that all people of the world start using bitcoins.

Well, all the views opinion by the community here have their own good point of side in the year 2022. This is just an speculation about the future of bitcoin. Now regarding about the the topic, it maybe or maybe not that by the year 2022 Bitcoin users can increase or decrease the users, but I doubt it. Because like I always said we had a daily increase of number of bitcoin users all around the world.

In 2022, the user number will increase at least by 10 times.
well that's a really interesting estimation, I would be curious to find out how did you get this number, of course there will be way more people in it, though I wouldn't be so sure about the right number...
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February 23, 2017, 02:11:50 PM
 #1639

Maybe yes i just had good dreams late night where bitcoin is on our technology now and it in our economy now where all people using bitcoin for there business and other needs for their daily living this is good dreams hope that in 2022 it will happen for sure there will be atm bitcoin for people who can use physical card .
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February 23, 2017, 08:43:28 PM
Last edit: February 25, 2017, 11:30:53 AM by Kevin77
 #1640

Nope. As a realist, it will not be used by most people in terms of trades, purchasing, selling or whatnot. It will still be used, yes, however mainly for investment purposes and NOT as a currency as it was originally intended to be. But it's good that some people right now are actually using bitcoin for online purposes, and some large businesses and companies are also integrating bitcoin in their servics via Bitpay.

Well, realistically i agree with you there dude. It's actually not bad if bitcoin isn't used by everyone as it will still be relevant to the people using it by that time. It can make life easier for online transactions for us users and i think in 5 years, the number of users will considerably increase because of it's features
No doubt that the more people using the bitcoin the more there will be transaction and that means slower transactions, but if you look at the positive side the more people using bitcoin the more it becomes harder to get and the higher the price it gets and that is good for us since we are the early users.

Still, I believe the more value of bitcoin will not stop people "using" bitcoins. Because the value is the only concern for investors and not for adopters.
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