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aardvark15
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March 04, 2017, 01:13:48 PM |
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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 would find it very hard to believe that by the year 2022 everyone will be using bitcoin. but i also would not be surprised to be wrong, given the remarkable pace at which bitcoin has already advanced. I would say that by 2030 all governments in the world will be holding bitcoin and lightening networks will still allow everyday transactions also. I think it would be very difficult for bitcoin to have users all over the world in the very near future, I doubt even though 10 years to come. bitcoin development takes a long time #IMO There may be Bitcoin users in many parts of the world right now but the actual number of people is probably low. Bitcoin is still not very well known and it's going to take a long time for it to really catch on in a big way. |
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patricken
Newbie
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Activity: 47
Merit: 0
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March 04, 2017, 04:46:58 PM |
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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 would find it very hard to believe that by the year 2022 everyone will be using bitcoin. but i also would not be surprised to be wrong, given the remarkable pace at which bitcoin has already advanced. I would say that by 2030 all governments in the world will be holding bitcoin and lightening networks will still allow everyday transactions also. I think it would be very difficult for bitcoin to have users all over the world in the very near future, I doubt even though 10 years to come. bitcoin development takes a long time #IMO There may be Bitcoin users in many parts of the world right now but the actual number of people is probably low. Bitcoin is still not very well known and it's going to take a long time for it to really catch on in a big way. I believe there are fewer than 500,000 people using bitcoin. So it has great potential. |
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vrm86
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March 04, 2017, 04:51:23 PM |
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In my opinion it wouldn't happen even in 2032. Basically, there are not so much reasons for using bitcoins from perspective of masses. In my country (Central Europe) daily use of bank transfers and paycards is fast, convenient and relatively cheap. I can imagine situation, when fee for Bitcoin network could exceed transaction value. Plus, comparing to debit/credit cards operations, bitcoin is slow as hell.
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upsidedown75
Legendary
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Activity: 1288
Merit: 1036
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March 05, 2017, 07:17:53 AM |
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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 would find it very hard to believe that by the year 2022 everyone will be using bitcoin. but i also would not be surprised to be wrong, given the remarkable pace at which bitcoin has already advanced. I would say that by 2030 all governments in the world will be holding bitcoin and lightening networks will still allow everyday transactions also. I think it would be very difficult for bitcoin to have users all over the world in the very near future, I doubt even though 10 years to come. bitcoin development takes a long time #IMO There may be Bitcoin users in many parts of the world right now but the actual number of people is probably low. Bitcoin is still not very well known and it's going to take a long time for it to really catch on in a big way. I don’t agree, as we can see the price of the bitcoin is getting higher and higher every month and that is what drives people to using I know that is why I started using bitcoin, and I am sure that in the future the higher the price get the more people start to use it, and more people means more investing in it and before you know bitcoin will take over the world. |
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SvenBomvolen
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March 05, 2017, 07:46:23 AM |
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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 would find it very hard to believe that by the year 2022 everyone will be using bitcoin. but i also would not be surprised to be wrong, given the remarkable pace at which bitcoin has already advanced. I would say that by 2030 all governments in the world will be holding bitcoin and lightening networks will still allow everyday transactions also. I think it would be very difficult for bitcoin to have users all over the world in the very near future, I doubt even though 10 years to come. bitcoin development takes a long time #IMO There may be Bitcoin users in many parts of the world right now but the actual number of people is probably low. Bitcoin is still not very well known and it's going to take a long time for it to really catch on in a big way. I don’t agree, as we can see the price of the bitcoin is getting higher and higher every month and that is what drives people to using I know that is why I started using bitcoin, and I am sure that in the future the higher the price get the more people start to use it, and more people means more investing in it and before you know bitcoin will take over the world. I am agree. "Everyone" is too ambitious word for bitcoin to achieve in 5 years. I believe that in 5 years the number of users will be much higher than to day, but it will not be "everyone" anyway. |
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Bitcoin0916
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March 05, 2017, 10:27:27 AM |
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I think not, current users of bitcoin is no more than 5 million. It takes a massive, and socializing in the absence of the Government assistance it will be difficult bitcoin used en masse. I just hope the bitcoin continue to benefit so as to make me rich.
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Dimelord
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March 05, 2017, 11:00:49 AM |
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Bitcoin will not be used by almost every one, but it will be used by more people in 2022.Still there are lots of people who dont even have a bank account and many who dont even have a credit card or debit card.They dont know about digital transactions.But bitcoin users are increasing day by day and it is expected that bitcoin would replace US dollars as universal reserve currency.
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Ziskinberg
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March 05, 2017, 11:42:50 AM |
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Bitcoin will not be used by almost every one, but it will be used by more people in 2022.Still there are lots of people who dont even have a bank account and many who dont even have a credit card or debit card.They dont know about digital transactions.But bitcoin users are increasing day by day and it is expected that bitcoin would replace US dollars as universal reserve currency.
The number of people who are using digital currency especially when they will learn about bitcoin, it's very simple to use and we can be benefited a lot by using it. It's the only digital currency that can also be considered as investment, therefore it's the leading among other digital currency, if only the government will recognize and favor bitcoin, we will surely get more than what we expect of people to adopt. |
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darthmaul
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March 05, 2017, 11:58:11 AM |
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I believe it is not possible. Bitcoin is astounding in it's own way. But it has limitations too. Bitcoin is in circulation and it has capped limit of 21 million coins currently. However there there is no limit on hard money. Everyday, government of each country keeps the balance of lost money vs money being produce, this leads to centralized system. On the other hand as we re happy to know Bitcoin is decentralized and it is limited it won't take over so easily. There is $75 trillion in the current world + more is being produce everyday which looks like hard race to me. If it is costing $75 trillion for current world to run, then how could Bitcoin sustain that cost. What I mean from above prediction is, not everyone can have bitcoins in there pockets, and moreover it will take decades and decades to replace the hard cash from each town, city , country, continent, world! Recently, In India rule was passed out that Rs 1000 and Rs 500 notes are not valid and new bill of Rs 2000 is produced. It shook the nation like anything for just replacing the hard cash What would happen if you think to replace hard cash with virtual currency that too some people are skeptical about internet usage.  |
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bncbnc
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March 05, 2017, 06:28:50 PM |
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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 would find it very hard to believe that by the year 2022 everyone will be using bitcoin. but i also would not be surprised to be wrong, given the remarkable pace at which bitcoin has already advanced. I would say that by 2030 all governments in the world will be holding bitcoin and lightening networks will still allow everyday transactions also. I think it would be very difficult for bitcoin to have users all over the world in the very near future, I doubt even though 10 years to come. bitcoin development takes a long time #IMO There may be Bitcoin users in many parts of the world right now but the actual number of people is probably low. Bitcoin is still not very well known and it's going to take a long time for it to really catch on in a big way. but now the number of bitcoin users are increasing continuously and hope that very soon the number of bitcoin users will much more. and then the facilities o bitcoin will also be present equally in all over the world. |
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BreakingSlow
Member
Offline
Activity: 75
Merit: 10
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March 08, 2017, 04:19:59 PM |
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Well it would be nice to see that almost everyone uses the Bitcoin in that year, if this happens we can also use it to pay more shops.
But there will always be people who don't trust or don't trust the Bitcoin and won't use it.
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chrisivl
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March 08, 2017, 09:49:21 PM |
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Well it would be nice to see that almost everyone uses the Bitcoin in that year, if this happens we can also use it to pay more shops.
But there will always be people who don't trust or don't trust the Bitcoin and won't use it.
Here you are absolutely right and I am convinced that most of those who do not trust Bitcoin, they simply will not be able to use it, because bitcoin is not counting papers. Even using a bank card is much easier. |
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Adelajda
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March 08, 2017, 10:41:16 PM |
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I think not, current users of bitcoin is no more than 5 million. It takes a massive, and socializing in the absence of the Government assistance it will be difficult bitcoin used en masse. I just hope the bitcoin continue to benefit so as to make me rich.
That may be the truth but more people are investing in bitcoin and if the EFT is approved then we will see a major investment in bitcoin and that it could change the way we see crypto currency and more investors will be looking at bitcoin as an asset in the future,Nothing is impossible. |
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lOvE mE forEvEr
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March 09, 2017, 09:19:37 AM |
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Mission imposible, the fact the current bitcoin is used is not more than 1% of the world population, and 2022 left 5 years longer, so I conclude that it is not possible to use bitcoin almost everyone in 2022.
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target
Legendary
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Activity: 2254
Merit: 1041
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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March 09, 2017, 09:38:36 AM |
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Mission imposible, the fact the current bitcoin is used is not more than 1% of the world population, and 2022 left 5 years longer, so I conclude that it is not possible to use bitcoin almost everyone in 2022.
Makes me wanna loveyouforver but you may be right. I think I'm going to be working full time being a signature campaign participant if by 2022 is yet not every by more than 2% of the world's population. By that time I think Bitcoin will be worth $2000 and fees for campaign participants will probably be more than $70 a week. This is considerable for someone who lives in the 3rd world country. Price is still going to move up, I'm sure the main stream media are going to notice BTC and will also be part of the daily economic news on tv. |
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mornabo
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March 09, 2017, 09:59:56 AM |
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Mission imposible, the fact the current bitcoin is used is not more than 1% of the world population, and 2022 left 5 years longer, so I conclude that it is not possible to use bitcoin almost everyone in 2022.
is it a fact? how do you calculate the total bitcoin users so you're saying that total bitcoin users still about 1% of the total population of the world? I think we have to be sure that in that year users can more than now |
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soul-impact
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March 09, 2017, 10:25:05 AM |
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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 would find it very hard to believe that by the year 2022 everyone will be using bitcoin. but i also would not be surprised to be wrong, given the remarkable pace at which bitcoin has already advanced. I would say that by 2030 all governments in the world will be holding bitcoin and lightening networks will still allow everyday transactions also. I think it would be very difficult for bitcoin to have users all over the world in the very near future, I doubt even though 10 years to come. bitcoin development takes a long time #IMO There may be Bitcoin users in many parts of the world right now but the actual number of people is probably low. Bitcoin is still not very well known and it's going to take a long time for it to really catch on in a big way. but now the number of bitcoin users are increasing continuously and hope that very soon the number of bitcoin users will much more. and then the facilities o bitcoin will also be present equally in all over the world. I do agree. Bitcoin is the strongest currency up to now and it provides a lot of benefits to users. As you can see, it has been 8 years since Bitcoin was created by Satoshi and now, we can see Bitcoin everywhere on the Internet, many merchants, services, online stores have accepted bitcoin and used it as a type of payment methods |
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bettercrypto
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March 09, 2017, 10:48:05 AM |
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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 would find it very hard to believe that by the year 2022 everyone will be using bitcoin. but i also would not be surprised to be wrong, given the remarkable pace at which bitcoin has already advanced. I would say that by 2030 all governments in the world will be holding bitcoin and lightening networks will still allow everyday transactions also. I think it would be very difficult for bitcoin to have users all over the world in the very near future, I doubt even though 10 years to come. bitcoin development takes a long time #IMO There may be Bitcoin users in many parts of the world right now but the actual number of people is probably low. Bitcoin is still not very well known and it's going to take a long time for it to really catch on in a big way. but now the number of bitcoin users are increasing continuously and hope that very soon the number of bitcoin users will much more. and then the facilities o bitcoin will also be present equally in all over the world. I do agree. Bitcoin is the strongest currency up to now and it provides a lot of benefits to users. As you can see, it has been 8 years since Bitcoin was created by Satoshi and now, we can see Bitcoin everywhere on the Internet, many merchants, services, online stores have accepted bitcoin and used it as a type of payment methods But the question is, is Bitcoin be used by almost everyone in 2022? I think no. Reason is that internet connectivity is still one of the major problem in several parts of the world. Remote area and other rural areas are having an issue of connection to the internet. One example is my country where even an urban city have difficulty accessing to the internet because of not enough infrastracture to support signals and internet connection. |
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calkob
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March 09, 2017, 11:15:41 AM |
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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 doubt, in fact i am 99.99999 certain that bitcoin will not end the fiat system in 2022. I actually think that the fiat system will go on for a long time yet and will probably in someway work along side bitcoin when it gains main stream adoption. |
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giveen
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March 09, 2017, 12:21:55 PM |
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Nah I don't think this will ever happen because in order for the world to use bitcoins someone has tk start first and it would be a sucide mission for them as the so United states of america would force them to drop it or the countries who adopt the use of bitcoin will end up like Egypt , syria , etc.
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