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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169483 times)
AgonyPaid
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September 13, 2017, 11:36:20 AM
 #2101

To talk about it too early. Nobody can say what will happen to bitcoin in a few years.He can and will be used everywhere.I hope.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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September 13, 2017, 11:38:00 AM
 #2102

maybe it will happen. the demand for bitcoin from year to year is increasing. bitcoin is becoming very popular, and many people prefer having bitcoin instead of fiat money. because to do bitcoin transactions becomes very easy and with peer to peer system .. and has a very lucrative bitcoin .. you can store bitcoin and benefit from it. unlike fiat money .. which decreases the exchange rate annually. therefore people think better to have bitcoin than fiat money ..
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September 13, 2017, 11:49:43 AM
 #2103

It won`t happen because 5 years in world economics doesnt make any sense.
Maybe it would be used for buying goods or something else, but it wont destroy fiat system.

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September 13, 2017, 12:37:28 PM
 #2104

Bitcoin is being promoted online with massive, twiter, Ico, facebook and several places already working with bitcoin, the exposure of bitcoin has raised around 10000% on the last 7 years, soo i wouldnt be a surprised if bitcoin would be used for all into the next 10 years, all it requires is legalization.
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September 13, 2017, 12:45:00 PM
 #2105

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 think you have a good point because the bitcoin is now becoming more popular. I agree to you that the bitcoin will be used by almost everyone in 2022. In this year, many people are now using it because of the benefits that we can get.
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September 13, 2017, 01:04:47 PM
 #2106

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 think you have a good point because the bitcoin is now becoming more popular. I agree to you that the bitcoin will be used by almost everyone in 2022. In this year, many people are now using it because of the benefits that we can get.
I don't see it that way. Yes Bitcoin has its own advantages when it comes to payment system, but a good portion of our population is not compatible to this kind of payment mode. From the elderly to people who are not technically inclined they will see Bitcoin as an unsatisfactory or a useless thing on their end.  I mean if Fiat currency is working fine to them will they ever change something that is not broker? I guess not because even up to now Bitcoin is still valued in terms of its Fiat currency equivalent.
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September 13, 2017, 01:10:58 PM
 #2107

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 think you have a good point because the bitcoin is now becoming more popular. I agree to you that the bitcoin will be used by almost everyone in 2022. In this year, many people are now using it because of the benefits that we can get.

But I think different. Bitcoin is used by many people soon.It was used by all the people in the year of 2020 itself if this continues. Not till 2022,we no need to wait this to happen. Now the price of bitcoin is low.This is the time for new traders waiting long for. If they start to trade means ,they also start to use bitcoin.
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September 13, 2017, 02:52:07 PM
 #2108

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 think you have a good point because the bitcoin is now becoming more popular. I agree to you that the bitcoin will be used by almost everyone in 2022. In this year, many people are now using it because of the benefits that we can get.

But I think different. Bitcoin is used by many people soon.It was used by all the people in the year of 2020 itself if this continues. Not till 2022,we no need to wait this to happen. Now the price of bitcoin is low.This is the time for new traders waiting long for. If they start to trade means ,they also start to use bitcoin.

I agree that Bitcoin users are increasing day by day but I don't think so within just 3 to 4 years everyone in this world can use Bitcoin and banks will disappear. To understand what is Bitcoin to everyone in this world and making everyone to use this Bitcoin is not an easy task. It needs more than 10+ years this is my opinion.
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September 14, 2017, 12:57:26 PM
 #2109

it's highly unlikely that one currency will be used internationally, what is more likely in my opinion, is that several thousands of additional (virtual) coins will be added and used by people. That has the benefit that a crisis wouldn't have a huge effect internationally, since things are not that interconnected anymore
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September 14, 2017, 07:58:17 PM
 #2110

In my opinion bitcoin will not be used for everyone, in any year. It could be a good money system accepted on lot of countries, but people doesn't want to have only one option.
Yea exactly you are right. In the future, it is obvious that the use of bitcoin and other cryptocurrencies will increase. Many systems are adapting to the crypto even banks. But there will be always some conventional people who refuse to use the bitcoin. Think about those who are not using a credit or a debit card.
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September 15, 2017, 04:44:08 AM
 #2111

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 think you have a good point because the bitcoin is now becoming more popular. I agree to you that the bitcoin will be used by almost everyone in 2022. In this year, many people are now using it because of the benefits that we can get.

But I think different. Bitcoin is used by many people soon.It was used by all the people in the year of 2020 itself if this continues. Not till 2022,we no need to wait this to happen. Now the price of bitcoin is low.This is the time for new traders waiting long for. If they start to trade means ,they also start to use bitcoin.
LOL if the price of Bitcoin in next time can reaches to $10,000 believe me, we will see a huge of number of investors go to this field. And we do not have chance for see the price of Bitcoin low like now.
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September 15, 2017, 04:46:58 AM
 #2112

it's highly unlikely that one currency will be used internationally, what is more likely in my opinion, is that several thousands of additional (virtual) coins will be added and used by people. That has the benefit that a crisis wouldn't have a huge effect internationally, since things are not that interconnected anymore

It is likely going to happen as many theories that bitcoin will be used worldwide so it's essential that it will be used as world currency. Besides, there are conspiracies that bitcoin will be the one to use for the one world gov't currency and it's the currency that will be used for the cashless society, I'm lack of ideas with this but there's a possibility it will happen.



 

 

 

 

 

 


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September 15, 2017, 05:40:47 AM
 #2113

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 think you have a good point because the bitcoin is now becoming more popular. I agree to you that the bitcoin will be used by almost everyone in 2022. In this year, many people are now using it because of the benefits that we can get.
I don't see it that way. Yes Bitcoin has its own advantages when it comes to payment system, but a good portion of our population is not compatible to this kind of payment mode. From the elderly to people who are not technically inclined they will see Bitcoin as an unsatisfactory or a useless thing on their end.  I mean if Fiat currency is working fine to them will they ever change something that is not broker? I guess not because even up to now Bitcoin is still valued in terms of its Fiat currency equivalent.
First for now bitcoin is not yet suitable to be applied because the current era does not include the digital era. there are still many people who are still technologically blind. it may take several decades to come where the child of the millennium (our child) is growing old and the generation below will inherit a more sophisticated digital / technological era.  maybe bitcoin is applicable at that time and we will see bitcoin already used by many people in world
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September 15, 2017, 10:16:48 AM
 #2114

I think that we will see an increase of people who posess bitcoin in the population.
But definitely not everyone. That probably is never going to happen.
And I do not think as well that the people will use bitcoin as a currency.
I think bitcoin will only serve as an investment in the future. That process from currency to pure investment might already be finished in 2022.
There are maximum chances of bitcoins serving as a mode of investment in the near future or people are going to treat them as mainstream investment they way they are increasing in value and making the investors rich. Bitcoins will be definitely very much popular by 2022 but may be everyone won’t possess them.
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September 16, 2017, 04:27:30 AM
 #2115

In my opinion bitcoin will not be used for everyone, in any year. It could be a good money system accepted on lot of countries, but people doesn't want to have only one option.
Yea exactly you are right. In the future, it is obvious that the use of bitcoin and other cryptocurrencies will increase. Many systems are adapting to the crypto even banks. But there will be always some conventional people who refuse to use the bitcoin. Think about those who are not using a credit or a debit card.
Indeed! Almost a decade is required to make bitcoins used by everyone. No one is going to use bitcoins without any hesitation or you can say reluctance until and unless bitcoins are not going to be made legal all over the world. We need to support bitcoins as much as we can to make them acceptable around the globe.
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September 16, 2017, 12:14:54 PM
 #2116

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 think you have a good point because the bitcoin is now becoming more popular. I agree to you that the bitcoin will be used by almost everyone in 2022. In this year, many people are now using it because of the benefits that we can get.
Well I am using bitcoin as the currency and it has changed my life a lot today I am able to earn large income from bitcoin and I am making lots of benefit from it. So as the circle of the bitcoin increasing the chance of increasing the bitcoin users is getting high so if the price of the bitcoin will be world famous it will definitely make bitcoin spread on the high level so for me it is important to make bitcoin more and more famous so it will increase my profit with bitcoin.
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September 17, 2017, 03:15:15 PM
 #2117

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 think you have a good point because the bitcoin is now becoming more popular. I agree to you that the bitcoin will be used by almost everyone in 2022. In this year, many people are now using it because of the benefits that we can get.
Well I am using bitcoin as the currency and it has changed my life a lot today I am able to earn large income from bitcoin and I am making lots of benefit from it. So as the circle of the bitcoin increasing the chance of increasing the bitcoin users is getting high so if the price of the bitcoin will be world famous it will definitely make bitcoin spread on the high level so for me it is important to make bitcoin more and more famous so it will increase my profit with bitcoin.
That’s so nice of bitcoins if they are helping you this much in your life. I am really happy that you are earning such decent profits with bitcoins and making your life easier. Indeed the way bitcoins are increasing in values day by day; more and more people are attracted towards bitcoins now, which ultimately makes sure that in coming years most of the people will be engaged with bitcoins.
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September 17, 2017, 04:29:26 PM
 #2118

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 don't think so but only time can tell. Investors and enthusiasts are the only users of cryptocurrency and I am not convinced about almost anyone can use it in 2022 because as of now look at the surging price. A lot of things will happen 5 years from now and it could possibly be like the price will be multiplied by ten or more compared in todays Bitcoin value and people can't even afford to buy one in the future and even earning Bitcoin will also become harder as price is keep on rising. Bitcoin will always be a digital asset and for me is only a threat to fiat money in terms of security and investments but not on its purpose of existense and usage most especially in day to day basis. Governments will regulate exchanges and will not allow it to overtake fiat money.


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September 17, 2017, 04:53:36 PM
 #2119

I don't see bitcoin being really used in the future.
It will be an investment, even more than it already is today.
To be used again, it would be necessary that bitcoin price does not increase anymore.
But in 2022 we will already have seen the next halving. And bitcoin increases before a halving.
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September 21, 2017, 09:12:18 PM
 #2120

Not confident how much % of the people will use the bitcoin. It wants the permission by that time from your country or incase if its ban then no use of it.
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