WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?

[t2yax]

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.

We should expect this kind of scenario. We cannot test our own money. Local governments must know what will be the main possibilities and what will be the cause and effect of it. We all does not know what will be going to be, or what will gonna be happen in bitcoins. We should expect a lot of changes or a lot of negative and positive effects of bitcoins. We should see what will be the future of our virtual money and what will be the use of bitcoins in the future.

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[Lieldoryn]

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.

We should expect this kind of scenario. We cannot test our own money. Local governments must know what will be the main possibilities and what will be the cause and effect of it. We all does not know what will be going to be, or what will gonna be happen in bitcoins. We should expect a lot of changes or a lot of negative and positive effects of bitcoins. We should see what will be the future of our virtual money and what will be the use of bitcoins in the future.

It seems to me that a person does not care in what currency to keep their money. If you easier to earn dollars then you bitcoin would not be necessary. If bitcoin will be easy to make it will be more common.

[ngocbkcse]

One great thing about digital currencies is that it's easy to switch between them. There can be (and, to some extent, already is) competition between digital currencies. If Bitcoin becomes too compromised, people can move to other digital currencies.

[lordquanta]

One great thing about digital currencies is that it's easy to switch between them. There can be (and, to some extent, already is) competition between digital currencies. If Bitcoin becomes too compromised, people can move to other digital currencies.

Digital currencies have some acceptance just because of bitcoin is successful so far. Others have tried and not succeeded that much. If in future other cryptocurrencies scale up to the expectation then one could switch between them otherwise sticking to bitcoin is safe.

[stevano]

the correct answer is Maybe.

you can't say at this point what will happen in the future. but as far as speculation goes i think it can be used by many people but bitcoin will not replace fiat.

agree all due to come we did not know what it will be, I guess klo many people maybe yes but not all levels of society can use, with different backgrounds, what this involves a lot of technology still lay

[lordquanta]

100% sure that it wont be used by more than 20% of world. Current bitcoin technology is not scalable to the world or country level market.

[gabmen]

100% sure that it wont be used by more than 20% of world. Current bitcoin technology is not scalable to the world or country level market.

It may even be less than that though there's a big chance that most people may have come across bitcoin by then and may have transacted or have own at least some btcs during that time. I also don't think its possible that btc will be a major currency ina short span of time considering how firm fiat's hold in the market and its accessibility. But i think its highly possible that most people may have accessed btc by then

[TIDOVEE]

this can be possible if everyone would be literate by then.of which, the rate at which bitcoin users might have increased may be higher but not almost everyone.  

[ultrloa]

the correct answer is Maybe.

you can't say at this point what will happen in the future. but as far as speculation goes i think it can be used by many people but bitcoin will not replace fiat.

agree all due to come we did not know what it will be, I guess klo many people maybe yes but not all levels of society can use, with different backgrounds, what this involves a lot of technology still lay

It can be used by many people but not all since there are some people living on mountains nor in uncivilized countries where they didn't reach up for new uptrend on technologies, but i will not doubt to agree if the question is will the bitcoin will be accepted on business outlets as their payment option for that year since surely in year 2020 we cand  see that the logo of bitcoin will be pasted on physical stores.

[mrjoy15]

this can be possible if everyone would be literate by then.of which, the rate at which bitcoin users might have increased may be higher but not almost everyone.  

I don't think that only literate could be a solution the bitcoin users might have increased. May be given an impression this prediction. Get used by everyone in 2022 most probably not through bitcoin will be much more popular. Simple analysis told us, many countries' central banks are totally opposite about this issue. Will be satisfied using in online.

[BeGoods]

100% sure that it wont be used by more than 20% of world. Current bitcoin technology is not scalable to the world or country level market.

Lol how can you be so sure of that calculation otherwise users of bitcoin unknown because bitcoin users are anonymous. how can you mention 100% that bitcoin users is 20% of the total population of the world

[just_Alice]

In 2022, you mean in 5 years? Well, not by everyone, but I think most people from the rich countries will be using it. And also people from the poor countries will be keeping their savings in BTC since their local currencies will be much more unstable than BTC.

[Rinder]

I dont see much more people adopting and using bitcoins while it still considered as ilegal currencie, where i live the most of them doesnt know bitcoin, my parents just say to me becarful you can go jail because you use and earn those online, even being a small ammount. Its a fact people are afraid to use crytpo world, due to the punishements.

[Rude Boy]

Wow, 5 years? At the present (today) level of technology, human knowledge is doubling about every year. We are in the midst of a exponential explosion of technology, fueled by advances in machine learning and artificial intelligence, so in say 2 years, knowledge will be doubling every few months. Soon, knowledge will double every day.
To answer your question, in a few years bitcoin will most likely be worth several thousand dollars, if not hundreds of thousands of dollars.
My point is that so much could happen in ten years at this point in human evolution. We may be using a new type of currency that we cant even imagine now.

[Winter1986]

Wow, 5 years? At the present (today) level of technology, human knowledge is doubling about every year. We are in the midst of a exponential explosion of technology, fueled by advances in machine learning and artificial intelligence, so in say 2 years, knowledge will be doubling every few months. Soon, knowledge will double every day.
To answer your question, in a few years bitcoin will most likely be worth several thousand dollars, if not hundreds of thousands of dollars.
My point is that so much could happen in ten years at this point in human evolution. We may be using a new type of currency that we cant even imagine now.

And what is the value of bitcoin if its price is predicted at this level? I can understand why gold or diamond is expensive, but bitcoin should have its own special value.

[ophyrim]

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.

You are absolutely right. I am sure one day everyone will know cryptocurrencies or maybe bitcoin but, i am not sure about the date. There are still many people which does not use even credit card today

[choppork]

I dont see much more people adopting and using bitcoins while it still considered as ilegal currencie, where i live the most of them doesnt know bitcoin, my parents just say to me becarful you can go jail because you use and earn those online, even being a small ammount. Its a fact people are afraid to use crytpo world, due to the punishements.

It has always been like this. People are afraid of touching something that they don't fully understand. If they don't understand it, they'd bash it instead of making a move to understand it. Those people that did their research about bitcoins instead of doing assumptions probably are making more money right now than those people that just said bitcoin is illegal based of nothing.

There's no punishment at all when you used bitcoin. Maybe in some countries, bitcoin is already prohibited. But, can't they just let it go when they saw you using it? It's a way of earning money. You didn't kill anyone or stole anything.

[Botnake]

Wow, 5 years? At the present (today) level of technology, human knowledge is doubling about every year. We are in the midst of a exponential explosion of technology, fueled by advances in machine learning and artificial intelligence, so in say 2 years, knowledge will be doubling every few months. Soon, knowledge will double every day.
To answer your question, in a few years bitcoin will most likely be worth several thousand dollars, if not hundreds of thousands of dollars.
My point is that so much could happen in ten years at this point in human evolution. We may be using a new type of currency that we cant even imagine now.

And what is the value of bitcoin if its price is predicted at this level? I can understand why gold or diamond is expensive, but bitcoin should have its own special value.

It could happen mate as bitcoin is strong asset, but thinking of that short span of time, the probability of making it happen is very low.
As investors, it's necessary for us to be realistic with our predictions and that predictions should have  historical basis and based on the current users
on my estimates, we are still lower than 5% of the total population in the world.

Now tell me, is it possible in 2022 we will hit even 50% rate of adoption?

[rivoke]

I dont see much more people adopting and using bitcoins while it still considered as ilegal currencie, where i live the most of them doesnt know bitcoin, my parents just say to me becarful you can go jail because you use and earn those online, even being a small ammount. Its a fact people are afraid to use crytpo world, due to the punishements.

It has always been like this. People are afraid of touching something that they don't fully understand. If they don't understand it, they'd bash it instead of making a move to understand it. Those people that did their research about bitcoins instead of doing assumptions probably are making more money right now than those people that just said bitcoin is illegal based of nothing.

There's no punishment at all when you used bitcoin. Maybe in some countries, bitcoin is already prohibited. But, can't they just let it go when they saw you using it? It's a way of earning money. You didn't kill anyone or stole anything.

My goverment forbid bitcoin usage as it can be use for money laundry which give the advantage transaction for terorist. It's reasonable but this will effect on my people for exploring bitcoin worldwide

[The_prodigy]

One great thing about digital currencies is that it's easy to switch between them. There can be (and, to some extent, already is) competition between digital currencies. If Bitcoin becomes too compromised, people can move to other digital currencies.

Digital currencies have some acceptance just because of bitcoin is successful so far. Others have tried and not succeeded that much. If in future other cryptocurrencies scale up to the expectation then one could switch between them otherwise sticking to bitcoin is safe.

Because of ETF are rejected let see what will be happen on this year is bitcoin will be grow? We both know that this digital currency will be uses every year we are depending on bitcoin where our income from , Since bitcoin is started it already successful there always a new currency came up and always support bitcoin In that year in my prediction bitcoin will be had more future like atm machine and other things that can be done with it.