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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169486 times)
Edrian
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October 21, 2017, 11:44:26 PM
 #2341

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 finally legalizing bitcoin and destroying fiat gives the bank new opportunity to adapt to it. They will soon find a way on how they will affliate themselves to cryptocurrency.
I don't know if that will be possible within that year. There are some part of the countries that doesn't goes well with the new technology. It will be very difficult to adjust and tell everyone about the digital currency will be used instead of usual money.
Indeed the span of time given is too short. There are alot of people who does not have an idea on what cryptocurrency is.
Maybe it is possible but it will take a lot of time.
Sadlife
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October 21, 2017, 11:52:22 PM
 #2342

Nope bitcoin wont destroy it after all it is necessary for fiat and crypto currencies exist without it how can we convert bitcoin into BTC/USD or any other fiat currency. In fact it will benefit benefit both currencies causw people will start to exchange their money to USD/CRYPTO and CRYPTO/USD. The decentralized system is there when people are fed up with the fiat debt based system its more like an alternative choice.

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PuraPuraBego
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October 21, 2017, 11:53:59 PM
 #2343

I don't know if that will be possible within that year. There are some part of the countries that doesn't goes well with the new technology. It will be very difficult to adjust and tell everyone about the digital currency will be used instead of usual money.
Indeed the span of time given is too short. There are alot of people who does not have an idea on what cryptocurrency is.
Maybe it is possible but it will take a lot of time.
The presence of bitcoin becomes a anxiety in state agencies, those like a banks or another which relates to money.
For 2020 there will be compilations in various countries around the world. denial or acceptance  Cheesy
lvincent
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October 22, 2017, 01:10:59 AM
 #2344

I don't think that everyone is already using btc by the year 2022 and cryptocurrency can't destroy fiat the government will not allow that i know that we are in the modern era but i think we are not ready to change what we are accustomed with. It's 2017 and the government don't recognized  btc and other government banned it so in the near future i can't see that almost all of people are using btc although we know that it really is great but our government just can't see it cause btc is decentralized that no one is controlling it..

Rudy_Third27
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October 22, 2017, 02:42:32 AM
 #2345

I think not everyone uses bitcoin in 2022 because to use bitcoin we have to have a wide knowledge of bitcoin and the main one is there must be internet connection.
My prediction is that only 80% of people around the world use bitcoin, 20% do not use bitcoin.
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October 23, 2017, 06:06:36 AM
 #2346

I think not everyone uses bitcoin in 2022 because to use bitcoin we have to have a wide knowledge of bitcoin and the main one is there must be internet connection.
My prediction is that only 80% of people around the world use bitcoin, 20% do not use bitcoin.

If many people can use smart phone, they can use bitcoin. The wallet will have to be user friendly.
Skyshark
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October 23, 2017, 07:37:03 AM
 #2347

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, it might be true that people is gonna use bitcoin globally even in their daily needs in 2022, but I dont think that banks or even fiat currency will be shut down or put to an end, its just too early to say that paper money will be stopped by the year 2022. Its also gonna take some time to do some legal matters or talk within the government.

Maltven
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October 23, 2017, 08:16:56 AM
 #2348

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 believe that most people of the world will use it because of its better to transact than fiat. Like we can directly use worldwide trading. But I am not sure if what the market will be in the future.

We never know about that but i'm pretty sure more people will use bitcoin and bitcoin become more popular in 2022. If we talk about everyone use bitcoin in 2022, it's possible but i'm not sure about that. There are still many people in this world that don't know about bitcoins.
Just see the price of Bitcoin at now, you can know we have not much Bitcoin user. The world have 7 trillion population, but total supply coin of Bitcoin is just 21 million coins, but this is the max supply and we still need a long time to mining all that amount.
I agree with you but there are still options that most of the people in the world will use bitcoin because the max supply is 21 million coins but not everyone has 1 coin and the people who are using bitcoin now are very few.
wizmo
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October 23, 2017, 08:30:35 AM
 #2349

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 sure bitcoins is most popluer digital currency and if it continue to rise then no doubt most people will invest in it as it gives more return then shares, gold investment even if bitcoin gets replaced by any other coin though digital currency will be more popular in next few years.
Inarantyio96
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October 23, 2017, 08:51:11 AM
 #2350

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 believe that most people of the world will use it because of its better to transact than fiat. Like we can directly use worldwide trading. But I am not sure if what the market will be in the future.

We never know about that but i'm pretty sure more people will use bitcoin and bitcoin become more popular in 2022. If we talk about everyone use bitcoin in 2022, it's possible but i'm not sure about that. There are still many people in this world that don't know about bitcoins.
Just see the price of Bitcoin at now, you can know we have not much Bitcoin user. The world have 7 trillion population, but total supply coin of Bitcoin is just 21 million coins, but this is the max supply and we still need a long time to mining all that amount.
I agree with you but there are still options that most of the people in the world will use bitcoin because the max supply is 21 million coins but not everyone has 1 coin and the people who are using bitcoin now are very few.
That is true but don't you think that even if everyone had 1 coin it would still be not enough because not a lot of people know about bitcoin in my country maybe from all the people that live here would at least 10% know about bitcoin or even less.
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October 23, 2017, 09:06:38 AM
 #2351

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.

In my opinion, it will never happen. But its possible that bitcoin will be used in many countries or in any way, but it will never take over the fiat system, its possible too that it would be used by majority of the countries but never will be all, there will always a system that will always oppose on it, one is the fiat system.

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francesyrus
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October 23, 2017, 09:11:28 AM
 #2352

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 bitcoin or other crypto currency could not replace our fiat system in the world, simply because we need internet connection in accessing our wallet. Secondly, government and banks would not allow that to happen.

I do believe that in 2020 more and more people will use bitcoin and hopefully more merchants will accept it as mode of payment.


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October 23, 2017, 09:13:00 AM
 #2353

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 believe that most people of the world will use it because of its better to transact than fiat. Like we can directly use worldwide trading. But I am not sure if what the market will be in the future.

We never know about that but i'm pretty sure more people will use bitcoin and bitcoin become more popular in 2022. If we talk about everyone use bitcoin in 2022, it's possible but i'm not sure about that. There are still many people in this world that don't know about bitcoins.
Just see the price of Bitcoin at now, you can know we have not much Bitcoin user. The world have 7 trillion population, but total supply coin of Bitcoin is just 21 million coins, but this is the max supply and we still need a long time to mining all that amount.
I agree with you but there are still options that most of the people in the world will use bitcoin because the max supply is 21 million coins but not everyone has 1 coin and the people who are using bitcoin now are very few.

Most of the people will use it i think, but not everyone. They still trust their currency's. Nowadays not every people are using bitcoin. Some people have less bitcoins.

If everyone will use bitcoin. Bitcoin would gain in price, but it would get hard to get coins.
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October 23, 2017, 09:41:18 AM
 #2354

I'm not sure bitcoin will be used almost the world's population by 2022, it shows the bitcoin users are still very small and probably not more than 5%. If calculated based on data increase user then year 2022 will reach 12%.

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October 23, 2017, 09:55:41 AM
 #2355

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 believe most of the people around the globe is gonna use bitcoin in the future and it is a given fact, but I dont think its gonna be on 2022. And I also believe that bitcoin and cryptocurrency is not gonna destroy the fiat system which has been with us for quite some time now. I think its gonna be better if fiat and cryptocurrency is gonna join force, if that happens, people are just gonna be in such advantage.

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October 23, 2017, 09:59:34 AM
 #2356

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.

if bitcoin keep rising and get trust may be world cup tickets 2022 sold by BTC

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Harlot
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October 23, 2017, 10:15:32 AM
 #2357

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 believe most of the people around the globe is gonna use bitcoin in the future and it is a given fact, but I dont think its gonna be on 2022. And I also believe that bitcoin and cryptocurrency is not gonna destroy the fiat system which has been with us for quite some time now. I think its gonna be better if fiat and cryptocurrency is gonna join force, if that happens, people are just gonna be in such advantage.
It is not a given fact. I don't like to ruin anyone's expectation of something but it is time to get real here. Believing that everyone will use Bitcoin in the future is simply hoping for nothing as everyday we are improving we can see that online transactions now can be paid right after they deliver your goods which is called pay at your doorsteps system, this system eliminates the needs of online payments such as Bitcoins and Credit Cards. Also another issue is the additional transaction cost you will be incurring if you opt out to pay in Bitcoin.
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October 23, 2017, 10:35:40 AM
 #2358

That may be a possibility but what will help bitcoin to be used by the majority of the population is more publicity and proper introduction. If those who will learn about bitcoin will hear it from those who think of bitcoin negatively then they have a high chance to have a mindset not to use and believe on bitcoin.

zarados
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October 23, 2017, 12:28:44 PM
 #2359

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 believe most of the people around the globe is gonna use bitcoin in the future and it is a given fact, but I dont think its gonna be on 2022. And I also believe that bitcoin and cryptocurrency is not gonna destroy the fiat system which has been with us for quite some time now. I think its gonna be better if fiat and cryptocurrency is gonna join force, if that happens, people are just gonna be in such advantage.
It is not a given fact. I don't like to ruin anyone's expectation of something but it is time to get real here. Believing that everyone will use Bitcoin in the future is simply hoping for nothing as everyday we are improving we can see that online transactions now can be paid right after they deliver your goods which is called pay at your doorsteps system, this system eliminates the needs of online payments such as Bitcoins and Credit Cards. Also another issue is the additional transaction cost you will be incurring if you opt out to pay in Bitcoin.

Maybe bitcoin will be used by most people in the world in 2022, but people use it as facilities to invest, not merely used for daily transactions. I am more inclined to think that, soon, every country will make their own digital currency, which may replace current cash. and about the cash on delivery system, I thougt it's a method of buying and selling transactions, not the method of payment. And it will be easier if when the goods arrive we pay them in digital currency instead of cash.
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October 23, 2017, 12:38:20 PM
 #2360

That may be a possibility but what will help bitcoin to be used by the majority of the population is more publicity and proper introduction. If those who will learn about bitcoin will hear it from those who think of bitcoin negatively then they have a high chance to have a mindset not to use and believe on bitcoin.

There will always be naysayers though, there are still those people with regards to everything, think of the people who hide their cash inside mattresses because they don't trust banks, or people who hold gold because they don't trust the value of money. Realistically as bitcoin continues to grow many of those naysayers will be converted as they begin to realise the potential and uses bitcoin has.

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