electronicash
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May 06, 2017, 02:43:35 AM |
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well banks are already starting to consider using blockchain and ripple is already used too. i don't see why sooner cryptocurrencies aren't going to be used by regular people. the community is getting bigger sooner, we'll beat all those payment method such as paypal. job sites like upwork would probably consider allow users to get paid with btc too.
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Distinctin
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May 06, 2017, 06:50:04 AM |
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well banks are already starting to consider using blockchain and ripple is already used too. i don't see why sooner cryptocurrencies aren't going to be used by regular people. the community is getting bigger sooner, we'll beat all those payment method such as paypal. job sites like upwork would probably consider allow users to get paid with btc too.
I agree with your statement but would that lead to everyone in 2022 using bitcoin? I guess not..
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Lorik
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May 06, 2017, 08:58:58 AM |
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No. This is too short a period of time. Even now, many have not heard about bitcoin or can not use it because of the lack of a stable Internet.
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mundang
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May 06, 2017, 09:09:26 AM |
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No. This is too short a period of time. Even now, many have not heard about bitcoin or can not use it because of the lack of a stable Internet.
I agree with you,some isolated areas dont even know what is facebook due to no internet on thier area, so its so hard for them to understand what bitcoin is. They dont even know what it is.
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Denker
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May 06, 2017, 09:28:55 AM |
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well banks are already starting to consider using blockchain and ripple is already used too. i don't see why sooner cryptocurrencies aren't going to be used by regular people. the community is getting bigger sooner, we'll beat all those payment method such as paypal. job sites like upwork would probably consider allow users to get paid with btc too.
Bitcoin and Blockchain how banks and many companies prefer to use it are two completely different things! Ripple by the way isn't really a crypto currency. They should be removed from cmc. Furthermore most people getting into the market now are extremely uneducated in terms of crypto and often just interested in quick money.This has nothing to do with the libertarian movement anymore from a few years ago. How big the community can really grow over the next few years will be seen with the next crisis, when many newbs will have lost a lot of money due to pump and dump in altcoins. Then we will see who is really interested in crypto currencies and it's advantages.
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gabmen
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May 06, 2017, 10:48:52 AM |
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No. This is too short a period of time. Even now, many have not heard about bitcoin or can not use it because of the lack of a stable Internet.
I agree with you,some isolated areas dont even know what is facebook due to no internet on thier area, so its so hard for them to understand what bitcoin is. They dont even know what it is. well op didn't actually say that it would exclusively be bitcoin by 2022. and though I agree that there are still a lot of places who doesn't have access to the internet, those who have may have already come across or have used btc one way or another in 5 years. it's not impossible if you think about it
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ipungadhi
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May 06, 2017, 11:05:21 AM |
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well banks are already starting to consider using blockchain and ripple is already used too. i don't see why sooner cryptocurrencies aren't going to be used by regular people. the community is getting bigger sooner, we'll beat all those payment method such as paypal. job sites like upwork would probably consider allow users to get paid with btc too.
I can see a lot of people around me start using bitcoin, it proves that bitcoin is growing and spreading. But that will not make everyone use bitcoins in a short time
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stompix
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Leading Crypto Sports Betting & Casino Platform
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May 06, 2017, 01:41:18 PM |
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well banks are already starting to consider using blockchain and ripple is already used too. i don't see why sooner cryptocurrencies aren't going to be used by regular people. the community is getting bigger sooner, we'll beat all those payment method such as paypal. job sites like upwork would probably consider allow users to get paid with btc too.
Using the blockchain is one thing, using bitcoin is another one. Dogecoin is using the blockchain that doesn't mean banks will have usd to dogecoin transfers or dogecoin deposits. Again, bitcoin won't beat paypal. Because paypal is no adversary, just take a look at bitpay. Why did it appear? What prevents paypal for doing the same? Nothing.
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NEWGOODOUBLE
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May 07, 2017, 08:50:26 AM |
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well banks are already starting to consider using blockchain and ripple is already used too. i don't see why sooner cryptocurrencies aren't going to be used by regular people. the community is getting bigger sooner, we'll beat all those payment method such as paypal. job sites like upwork would probably consider allow users to get paid with btc too.
I think although bitcoin development is very good as many companies glance and bitcoin development is pretty good. But in a very short time. It would be hard for bitcoin to have that many users
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Jingjess
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The Pure Proof-of-Tansaction [POT]
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May 07, 2017, 09:27:42 AM |
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If not everyone used bitcoins in 2022 probably it will increase the number using bitcoins in 2022.
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Pattart
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May 07, 2017, 09:01:29 PM |
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well banks are already starting to consider using blockchain and ripple is already used too. i don't see why sooner cryptocurrencies aren't going to be used by regular people. the community is getting bigger sooner, we'll beat all those payment method such as paypal. job sites like upwork would probably consider allow users to get paid with btc too.
Yeah bitcoin development can be practically run smoothly, many people start using bitcoin, including institutions. But one thing is for sure. Anytime. It would be impossible for a bitcoin to have an entire human user
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Colt22
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May 07, 2017, 09:27:26 PM |
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No. This is too short a period of time. Even now, many have not heard about bitcoin or can not use it because of the lack of a stable Internet.
I agree with you,some isolated areas dont even know what is facebook due to no internet on thier area, so its so hard for them to understand what bitcoin is. They dont even know what it is. Yes in that places where internet will not be available there people will not know about bitcoin and they will not need bitcoin as they will not do any online transactions while in other parts of the world where internet will be available then on these places people will know about bitcoin and they will invest in it for their profit.
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FasTroy
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May 07, 2017, 10:40:54 PM |
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No. This is too short a period of time. Even now, many have not heard about bitcoin or can not use it because of the lack of a stable Internet.
I agree with you,some isolated areas dont even know what is facebook due to no internet on thier area, so its so hard for them to understand what bitcoin is. They dont even know what it is. Yes in that places where internet will not be available there people will not know about bitcoin and they will not need bitcoin as they will not do any online transactions while in other parts of the world where internet will be available then on these places people will know about bitcoin and they will invest in it for their profit. You are right, I don't think that bitcoin will used by everyone in 2022. because this time is too close. Less than 5 years is a short time. As you said, There is many place around the world which people can't access to the internet. Maybe this think will happen when almost people around the world can access to the internet maybe after 10-20 years.
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batang_bitcoin
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May 08, 2017, 04:14:32 AM |
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If not everyone used bitcoins in 2022 probably it will increase the number using bitcoins in 2022.
I doubt that everyone will be using bitcoin on year 2022. The awareness will spread throughout the world but thinking that all of us will be using it at the same time is not going to happen. 5 years from now, is not enough to make everyone use bitcoin by that year.
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Yakamoto
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May 08, 2017, 04:21:37 AM |
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If not everyone used bitcoins in 2022 probably it will increase the number using bitcoins in 2022.
I doubt that everyone will be using bitcoin on year 2022. The awareness will spread throughout the world but thinking that all of us will be using it at the same time is not going to happen. 5 years from now, is not enough to make everyone use bitcoin by that year. If there were some improvements with Bitcoin acceptance recently and we had some kind of growth on the ground as opposed to most of it being focused solely around online content then maybe we would be able to see Bitcoin becoming something a bit more commonplace in the next few years, but you never hear about it, essentially ever, on the news or radio where I am and I haven't heard it talked about at all really. Maybe possible in the future, but right now 2022 is a short time for the amount of progress required.
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Sled
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May 08, 2017, 04:49:16 AM |
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If not everyone used bitcoins in 2022 probably it will increase the number using bitcoins in 2022.
I doubt that everyone will be using bitcoin on year 2022. The awareness will spread throughout the world but thinking that all of us will be using it at the same time is not going to happen. 5 years from now, is not enough to make everyone use bitcoin by that year. Bitcoin will not be used by almost everyone because if bitcoin will be used by almost any people around the world then bitcoin will lack of its supply and have a shortage and that is why bitcoin is not designed for everyone. I think bitcoin will just be accepted by the shop owners and not everyone because that is very impossible.
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iamTom123
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May 08, 2017, 10:17:18 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.
Personally, I don't believe that Bitcoin will kill fiat money and this is quite reflected with the fact that the American dollar never killed other currencies although the dollar is the official global trading currency. Had this been the case, Japan will not recognize Bitcoin. Japan knows that yen and Bitcoin can be singing together the song of profits and happiness. People who believe that myth are obviously not been to many third-world countries where people are so remote and they are not yet reached by technology. Here in my country it would be impossible to buy farm products with Bitcoin...it would take so much time to reach at that level but i am sure we are slowly getting there so need to get that overexcited.
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EdenHazard
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May 08, 2017, 10:36:33 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. 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. soundslike you have a childish opinion , no offense please . by spend your bitcoin regularly . the merchants will think that bitcoin are really work as a global payment processor and then they ask for cooperation with larger companies , then just guess what will happened? can you afford to think that deep and far ? i wish you do .
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choppork
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May 08, 2017, 03:42:19 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. soundslike you have a childish opinion , no offense please . by spend your bitcoin regularly . the merchants will think that bitcoin are really work as a global payment processor and then they ask for cooperation with larger companies , then just guess what will happened? can you afford to think that deep and far ? i wish you do .I just had the biggest laugh of my life. Word: Don't think so big of yourself. You don't know me. You don't know any of us so never question someone if he can "afford to think that deep and far" because you simply never know. Anyway, that's just your availability heuristic (I can imagine Googling this term. Or nah? Because you're so smart, aren't you? ) Something that's happening on a small scale doesn't go up on a bigger scale, at least not right away. There might be some success on a small scale but that doesn't mean that large companies would take those into account. They would just start thinking about it when the market is finally booming and then just buy the whole thing. Basically just taking what's profitable away from the small scale businesses.
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wheelz1200
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May 08, 2017, 05:19:33 PM |
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...
Will BTC be used by almost everyone in 2022?
Nope. I know very few "Millennials" who use it, yet they are the most connected people around. There is no way that my Boomer generation will adopt BTC as is, it's just too complicated and clumsy. "Not ready for primetime."
There are not enough merchants who accept it. In my eyes, this is perhaps the major stumbling block.
There is ALWAYS the possibility of unknown types of future attacks (of various sorts) against the Bitcoin Ecosystem.
BTC is too volatile for mass use.
While I wish BTC well (and have a nice little stake), I think it will move slowly.
It will get used more once some of the technicality of it gets absorbed....computers were only used by a select few in the beginning. The easier it got through advancements and ease of use drove some of the adoption, which is still needed for bitcoin. Once its easy it will be adopted by more.
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