Gozie51
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May 02, 2017, 11:50:37 AM |
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The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .
Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.
The acceptance is possible but not in 12years time.
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btvlGainer
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May 02, 2017, 12:09:14 PM |
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The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .
Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.
The acceptance is possible but not in 12years time.
This requires much more years. Bitcoin is not the first year there, and during this time, many have not even heard of it.
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virasog
Legendary
Online
Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
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May 02, 2017, 02:37:29 PM |
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The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .
Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.
The acceptance is possible but not in 12years time.
This requires much more years. Bitcoin is not the first year there, and during this time, many have not even heard of it. Yes, 5 years is not yet enough for all of the people around the globe to notice this coin, it really takes time especially it is a bit hard to figure out and to understand to. We need now to spread it so it will be popularize by people.
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Distinctin
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May 03, 2017, 06:12:27 AM |
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The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .
Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.
The acceptance is possible but not in 12years time.
This requires much more years. Bitcoin is not the first year there, and during this time, many have not even heard of it. Yes, 5 years is not yet enough for all of the people around the globe to notice this coin, it really takes time especially it is a bit hard to figure out and to understand to. We need now to spread it so it will be popularize by people. Bitcoin is already popular but only for people who love to be in the online world, there is not use to educate some people who are not interested with transacting online. I think bitcoin will be popular but not as popular as what we think, I don't see for a reason that majority of the worlds population will adopt.
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KennyR
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May 03, 2017, 06:54:42 AM |
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The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .
Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.
The acceptance is possible but not in 12years time.
This requires much more years. Bitcoin is not the first year there, and during this time, many have not even heard of it. Yes, 5 years is not yet enough for all of the people around the globe to notice this coin, it really takes time especially it is a bit hard to figure out and to understand to. We need now to spread it so it will be popularize by people. Bitcoin is already popular but only for people who love to be in the online world, there is not use to educate some people who are not interested with transacting online. I think bitcoin will be popular but not as popular as what we think, I don't see for a reason that majority of the worlds population will adopt. There is no strong reason or need to get used by most of the world population by the year 2022. Already the traditional banking system has given them all that they expect and as an evolution people who are much into internet activities actively use bitcoin. Another possibility is that same as Japan if few more Countries legalize bitcoin use more awareness will be there.
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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May 03, 2017, 07:21:58 AM |
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The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .
Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.
The acceptance is possible but not in 12years time.
This requires much more years. Bitcoin is not the first year there, and during this time, many have not even heard of it. Yes, 5 years is not yet enough for all of the people around the globe to notice this coin, it really takes time especially it is a bit hard to figure out and to understand to. We need now to spread it so it will be popularize by people. no if the growth run faster , merchants have a lot of demand to accept bitcoin and the world ready to adopt internet of things! bitcoin will go spread evenly , people used it just like when they see fiat previously , nothing impossible right? keep supporting bitcoin by spend it and show it to the world that bitcoin has a bright future.
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choppork
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May 03, 2017, 01:56:14 PM |
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The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .
Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.
The acceptance is possible but not in 12years time.
This requires much more years. Bitcoin is not the first year there, and during this time, many have not even heard of it. Yes, 5 years is not yet enough for all of the people around the globe to notice this coin, it really takes time especially it is a bit hard to figure out and to understand to. We need now to spread it so it will be popularize by people. no if the growth run faster , merchants have a lot of demand to accept bitcoin and the world ready to adopt internet of things! bitcoin will go spread evenly , people used it just like when they see fiat previously , nothing impossible right? keep supporting bitcoin by spend it and show it to the world that bitcoin has a bright future. Simply spending bitcoins doesn't show that you support it at all, at least not in the way that you can show bitcoin to the world. No one would even notice if you transacted 10 btc to another wallet unless you post a screenshot online. I think it's best that we genuinely educate people about bitcoins when they say that they are interested about it. We don't have to say directly that bitcoin has a bright future and that you can earn a good amount of money from it. Let them realize that by themselves. They would think that bitcoin is just a regular MLM scam when you start showing off the money that you made.
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HongKong
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May 04, 2017, 04:47:14 PM |
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The year 2022 is not that far off from 2017. Bitcoin was pretty popular when the price was around $10 and the people reacted pretty much the same as how they react now when the price decreases $40+ from $1,200 or so. Now that there is more people that are using Bitcoin to purchase and do other business it's been moving electronic payments much faster than how the credit card companies are doing. There might be a time where someone makes a payment system that will get more recognition than Bitcoin.
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Mario Yamasaki
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May 05, 2017, 02:44:56 AM |
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I think it's a tough thing, unified euro currency needs to be disseminated more than 10 years, and it's done by each country. I think it is not possible to use bitcoin almost people in 2022 (5 years again).
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Fatanut
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May 05, 2017, 06:27:40 AM |
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The year 2022 is not that far off from 2017. [1]Bitcoin was pretty popular when the price was around $10 and the people reacted pretty much the same as how they react now when the price decreases $40+ from $1,200 or so. Now that there is more people that are using Bitcoin to purchase and do other business [2]it's been moving electronic payments much faster than how the credit card companies are doing. There might be a time where [3]someone makes a payment system that will get more recognition than Bitcoin.
[1] I wouldn't even use the word "popular" when talking about what we have with bitcoins right now. Bitcoin is only known by tech savvy people or those that spend the majority of their days lurking around the Internet (except social media lurkers). Bitcoin is not known to most and that would stay that way for a couple more years or even decades. [2] I don't think so. Bitcoin transaction has been very slow. Most people experience 1-2 days confirmation time and that's very far from the very quick and simple service of credit/debit card companies. [3] Yes, there's already one. It's called the fiat system. Even Ether might surpass bitcoins in due time because of all these new hyped coins having ETH contract.
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stadus
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May 05, 2017, 07:06:10 AM |
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I think it's a tough thing, unified euro currency needs to be disseminated more than 10 years, and it's done by each country. I think it is not possible to use bitcoin almost people in 2022 (5 years again).
Close to impossible, I will bet my life savings to anyone who would go against my belief, not everyone will use bitcoin in 2022 and even in the future. We have seen limitations with bitcoin and it's not easy to comprehend for some people who has no proper education with this online currency, one thing, if they are not interested they would not bother.
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LegendOF45
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May 05, 2017, 07:58:42 AM |
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It's all very possible, 1 years ago no one thought the price of the bitcoin will reach $1000, but has now reached $1500, users have already reached the bitcoin 7 fold from 2 years ago so I'm optimistic it will be used almost people.
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radjie
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May 05, 2017, 09:45:09 AM |
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In 2022 will grow large users crypto, especially bitcoin. This is because many who know currency this digital in the future. And bitcoin has increased very well in use as a means of transaction. But they are still not yet been know entirely by the general public, especially society that still laity.
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mornabo
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May 05, 2017, 10:05:51 AM |
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yes...!! BTC price is increase every day but it should be control.
Is it any relationship between the price that goes up every day with the person who will adopt and use bitcoin?
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yrreg ger
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May 05, 2017, 01:32:18 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.
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.
Yes correct, I think it will never change the fiat system. First of all how about poor people they use this without knowledge/idea, it a big NO. Maybe in year 2022 it will become popular but others want to earn by what they know. Then more people want to earn money buy sleeping and waiting for the profit. And this will be the one advantages of bitcoin in the future. Not at all but a great opportunity to every one because of benefits given by bitcoin.
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Wintersoldier
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May 05, 2017, 01:50:09 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.
2022 is 6 years later,its short time to bitcoin for being used by everyone in this world,i said its impossible,not enough for bitcoin just in 6 years tobe conquer this world and replacing fiat,as we know since founded 2009,bitcoin have passed 7 years,and until now bitcoin not used by everyone. You have a point . Time is a must if we want to have changes in terms of bitcoin. For me it is possible that almost everyone will used bitcoin if the technology develops as it make changes on different aspect of internet and smart phones. As more wider opportunity for the technology to grow and develop it may help bitcoin developers to make changes as goes by to the changes of our technology. Overall we need to help one another to make it possible as users of bitcoin we need to promote bitcoin as far as we can to help to build a name for everyone to know and then wait until happens as the technology make its role to develop.
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JofryTheKing
Sr. Member
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Activity: 518
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Fast, Smart, Trustworthy
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May 05, 2017, 10:49:48 PM |
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I do not even know what you can expect here bitkoin in 2022. If most countries legalize it, then it seems the price has gone no more. But maybe I'm wrong.
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RajaJudi
Sr. Member
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Activity: 403
Merit: 250
Less is more
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May 06, 2017, 12:11:45 AM |
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It's all very possible, 1 years ago no one thought the price of the bitcoin will reach $1000, but has now reached $1500, users have already reached the bitcoin 7 fold from 2 years ago so I'm optimistic it will be used almost people.
the prices can not tell anything and I believe that bitcoin can never be used by almost everyone. There are still many bug in the system and you have to accept that 21 millions Bitcoin is not enough for the whole bunch of people on the world
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Celsiuss
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May 06, 2017, 12:32:25 AM |
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The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .
Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.
The acceptance is possible but not in 12years time.
I agree with you. As of today, only the "tech savvy" uses bitcoins. It needs to be easy to use and we need to spread awareness. IMO I seriously doubt this will ever happen. People find it much easier and more secure to use their banks, even though it is a lot slower.
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who cares
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Sled
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May 06, 2017, 01:25:55 AM |
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The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .
Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.
The acceptance is possible but not in 12years time.
I agree with you. As of today, only the "tech savvy" uses bitcoins. It needs to be easy to use and we need to spread awareness. IMO I seriously doubt this will ever happen. People find it much easier and more secure to use their banks, even though it is a lot slower. That is wrong, not all the users of bitcoin is tech savy because the user of bitcoin is keep getting bigger and bigger everyday because of the good progress of bitcoin and i think there is a lot of user of bitcoin that is not a tech savy but a investor or a trader who wants to make profit in bitcoin by investing it for long term or getting active to the market to take advantage of being volatile of the price.
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