thoham
Newbie
Offline
Activity: 43
Merit: 0
|
|
September 05, 2017, 12:07:09 PM |
|
Bitcoin is just a crypto currency so it can't destroy anything But i will the market more dynamic. So bitcoin is good for the economic and not bad at all.
|
|
|
|
ArIMy11
|
|
September 05, 2017, 12:16:09 PM |
|
I think by 2022 bitcoin will be mostly be used by everyone, I can't say everyone because there are some countries that belong in the third world countries that has difficulty in accessing the internet so most likely those countries that have access to the internet might be using their transactions paying bitcoins or altcoins.
I agree with you, We can't say that everyone will be used bitcoin in 2022 but it's possible that in that year many of people will know and start to earn bitcoins in their own way. In the past years bitcoin's price have already increased not only of it's price but also the numbers of it's users. There are lot of possibilities will happen in 2022 but i don't think it will destroy fiat system each of them have their own benefits and uses.
|
|
|
|
Laidence
Newbie
Offline
Activity: 12
Merit: 0
|
|
September 06, 2017, 10:37:57 AM |
|
If we get those winkel voss twins to get their etf on the shift, then yeah probably.Result in I remember the hype back in the day was the "etf" which would permit standard markets to make investments so considerably all I know is that they moved closer in the direction of "bats" which is another exchange in the direction of tech and innovation.
|
|
|
|
HasHe
|
|
September 06, 2017, 11:21:24 AM |
|
Bitcoin will be used by more people by 2020 but,it will not be used by almost all people and its highly impossible.Most people still don't know about bitcoin and there are still illiterate people in under developed countries who don't even know what digital transaction is.Internet facility is also not widely available all over the world.Bitcoin could not be used without internet.But by that time,bitcoin would have got legalized in most of countries and price would have reached very high peaks.
|
|
|
|
MintCondition
Legendary
Offline
Activity: 1147
Merit: 1007
|
|
September 06, 2017, 11:48:34 AM |
|
Bitcoin will be used by more people by 2020 but,it will not be used by almost all people and its highly impossible.Most people still don't know about bitcoin and there are still illiterate people in under developed countries who don't even know what digital transaction is.Internet facility is also not widely available all over the world.Bitcoin could not be used without internet.But by that time,bitcoin would have got legalized in most of countries and price would have reached very high peaks.
The number of users by 2020 can only be x3 or x2 of btc user's now, only few individuals have the courage to discuss it to someone , some user's now were techy personality and if not maybe were into business.
|
|
|
|
thend1949
|
|
September 06, 2017, 12:19:23 PM |
|
Bitcoin will be used by more people by 2020 but,it will not be used by almost all people and its highly impossible.Most people still don't know about bitcoin and there are still illiterate people in under developed countries who don't even know what digital transaction is.Internet facility is also not widely available all over the world.Bitcoin could not be used without internet.But by that time,bitcoin would have got legalized in most of countries and price would have reached very high peaks.
That still remains a big question for now on how to make it as legal, and even until now the people in the country where I lived still doesn't recognized bitcoin. Maybe only those people who happened to be my friend only knew it and if we ratio them in the population where I am in the workplace, it was around 1% over 100% of those who worked for the company where I am working right now. Although bitcoin cannot be appreciated without the presence of internet network but nowadays internet connection was already a means of daily consumption of every people in the whole world. That's why it's not hard to educate people on this type of system, only that this really needed more years before implemented and be used worldwide by more people. At year 2022 I think that isn't enough prior whole world will recognize it, and maybe 10 more years to go is an appropriate timeline for that.
|
|
|
|
JohnC2389
Member
Offline
Activity: 95
Merit: 100
|
|
September 06, 2017, 01:52:18 PM |
|
I don't think so. No one can know this but as for me is a near deadline to pretend that almost all the people will be able or will known and using bitcoin. Internet has much more years and yet is not known in every place of the world. Think of Africa and the life there.
|
|
|
|
Honest Tim
|
|
September 06, 2017, 02:00:53 PM |
|
If the bitcoin ecosystem continues to grow like it is growing now, then I believe most of the people would know about bitcoin by then and also many people would be using bitcoin in their day to day life also.
|
|
|
|
Chanock
|
|
September 07, 2017, 02:08:27 PM |
|
Hoping that by 2022 that bitcoin will used of anybody as alternative currencies. But there are hindrances to make it possible because the growth of opportunity and technology in remote remote area. And thinking five years is to short to know anyone bitcoin and it use and purpose.
|
|
|
|
katrimans
|
|
September 07, 2017, 02:45:25 PM Last edit: September 11, 2017, 06:17:26 PM by katrimans |
|
Bitcoin will be used by more people by 2020 but,it will not be used by almost all people and its highly impossible.Most people still don't know about bitcoin and there are still illiterate people in under developed countries who don't even know what digital transaction is.Internet facility is also not widely available all over the world.Bitcoin could not be used without internet.But by that time,bitcoin would have got legalized in most of countries and price would have reached very high peaks.
The number of users by 2020 can only be x3 or x2 of btc user's now, only few individuals have the courage to discuss it to someone , some user's now were techy personality and if not maybe were into business. You have described all with a very realistic approach. Indeed fiat is not going to vanish from the world no matter how developed this cryptocurrencies become. Fiat has its root deep in the global economics and it is really not easy to put a full stop on fiat. As far as bitcoins are concerned, people will be struggling hard for them by 2022.
|
|
|
|
iluvpie60
|
|
September 07, 2017, 06:19:47 PM |
|
For almost everyone to be using it by 2022 is impossible unless it was centralized. The tech doesn't exactly exist yet and Ireally doubt enough people would even understand what BTC is or what LN is or Segwit. They think it is magic internet money.
The average person is completely clueless and will live for an average of 65 to 70 years and die, without ever hearing about bitcoin or anything like that. They don't even know how to use smart phones yet for most people...
|
|
|
|
stompix
Legendary
Offline
Activity: 3052
Merit: 6624
Leading Crypto Sports Betting & Casino Platform
|
|
September 07, 2017, 08:53:07 PM |
|
I think by 2022 bitcoin will be mostly be used by everyone, I can't say everyone because there are some countries that belong in the third world countries that has difficulty in accessing the internet so most likely those countries that have access to the internet might be using their transactions paying bitcoins or altcoins.
Let's cut out the people who don't have running water or constant electricity. And the illiterate.And the ones too poor to afford even a 90$ smartphone. And unfortunately you have to ignore about 1,5 billion people. So...2022? No way. And let's say it will happen. Do you think the network is able to handle 3 billion tx a day? Even with segwit it won't. We will need something new and it won;t come in time for 2022. 2044 maybe.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Pab
Legendary
Offline
Activity: 1862
Merit: 1012
|
|
September 07, 2017, 09:02:32 PM |
|
No chance,to expencive,to high fee,and biggest obstacle lack of quality internet,give people acces to internet than we can talk about bitcoin and crypto wide use
|
|
|
|
Pitsos
Newbie
Offline
Activity: 44
Merit: 0
|
|
September 07, 2017, 09:03:16 PM |
|
it will happen in 2022 because some country are accepting bitcoin as payment in many stores like japan. the world is changing so does the method of transactions. there is still new people will learn about it and start there journey using bitcoin. In the future a debt based mechanism will arise to be used in tandem with Bitcoin.
|
|
|
|
gyu22
|
|
September 08, 2017, 06:51:51 AM |
|
Why 2022? It is difficult to make predictions with specific deadline. But one thing is for sure: the bitcoin ecosystem grows at fast and steady pace, more and more countries, and more and more companies are accepting bitcoin as payments. There is still a lot of people to learn about bitcoin, but in mid term, that is to say by 2022-2025 maybe bitcoin will be an alternative currency with which buy all goods and services.
|
|
|
|
metenjean
|
|
September 08, 2017, 07:49:45 AM |
|
I dont think it will be used by everyone, or even almost. But i definitely sure that the bitcoin user will double or even triple the amount of them from now, its not too realistic to think too far ahead without any prediction of regulations in most country, not to mention lots of altcoins beside bitcoin that keep spawning everyday and then
|
|
|
|
fishbonez11
|
|
September 08, 2017, 08:28:48 AM |
|
I don't think bitcoin will be used by almost everyone in 2022. Bitcoin will surely not destroy fiat. Banks are just in too much control and power to replace.
|
|
|
|
Choyor
|
|
September 08, 2017, 09:54:11 AM |
|
that means six years later. a short time for everyone in the world to use bitcoin, I think it's impossible, because some small countries still do not have the infrastructure to access the internet. looks like it still takes a lot longer.
|
|
|
|
taxmanmt5
Legendary
Offline
Activity: 1190
Merit: 1024
|
|
September 08, 2017, 03:15:43 PM |
|
There is no way to tell the future of anything that far in advance. There is a strong possibility that ta war or some political event is going to change everything between now and then, and it is possible that it is not. A year from now is hard to predict in some ways and predicting for 2022 is a long time before we can say anything about it.
|
|
|
|
Avametra
|
|
September 08, 2017, 03:31:59 PM |
|
Many people have not heard about Bitcoin and many do not have the Internet to use them. Until 2022, too little time to solve these obstacles and make bitcoin more popular.
|
|
|
|
|