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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169486 times)
z@yne_remI19
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October 23, 2017, 12:50:07 PM
 #2361

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.

no may be it is not possible because bit coins has limited value so how can took every one in the world. but try to buy few bit coins and hold it. you have chance to getting profit. bit coin price raising always. so you have to invest in to bit coin. and keep hold few coins for your next generations. day by day population getting to increasing so how it is not possible to keep hold. but how many want to buy it just buy and hold it otherwise every one holding bit coin is not p[possible so try to buy as well as possible how many you have chance to buy bit coins.
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October 23, 2017, 10:02:22 PM
 #2362

Very unlikely for various reasons:
1) There is not enough Bitcoin to go around with many people HODL-ing what they have.
2) Not all Bitcoins have been released yet and with even current market prices, only people with quite a bit of money can really buy / mine them.
3) Not everyone in the world is connected to the interweb yet, cash and fiat money are still very dominate in many smaller countries.
romeitaly
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October 23, 2017, 10:08:41 PM
 #2363

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 bitcoin will be more popular in that year and almost everyone will use it and make new things from it. Many people are using bitcoins in different purposes and I know that they use it in things that are worth spending money. About the fiat thing that you mentioned: I won't agree with you because even though fiat currencies has a lot of disadvantages, still, it is important because this is the foundation of money all around the world. You cannot just replace it easily.

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October 23, 2017, 11:41:31 PM
 #2364

Although bitcoin users continue to increase dramatically, but I'm not sure bitconin will be used almost everyone in 2022. The thing that makes a constraint is because of the many countries that banned bitcoin so many people think bitcoin has no future.

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October 23, 2017, 11:54:22 PM
 #2365

Although bitcoin users continue to increase dramatically, but I'm not sure bitconin will be used almost everyone in 2022. The thing that makes a constraint is because of the many countries that banned bitcoin so many people think bitcoin has no future.

But we are here the believer that will prove to them that they are wrong. Yes we cannot predict what future of bitcoin holds but i believe that this is really the future of a new generation. Not everyone will used bitcoin on 2022 maybe but I am sure this will surely become a major things that we can use to transact anywhere around the world.
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October 24, 2017, 12:12:11 AM
 #2366

Although bitcoin users continue to increase dramatically, but I'm not sure bitconin will be used almost everyone in 2022. The thing that makes a constraint is because of the many countries that banned bitcoin so many people think bitcoin has no future.

That is true, 2022 is just around the corner and bitcoin cannot spread across all the generations in such a short time even if it spreads to every economic and social background. It needs to be picked up by the younger generation and then when theis generation fades out we will be sure bitcoin will be used by all from then on.
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October 24, 2017, 12:27:15 AM
 #2367

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 this is very much possible by 2022. Talking about the rate of by which bitcoin is going, its possible.  Since from its beginning it's constantly increasing.  There are chances that bitcoin will destroy the fiat system in the coming years.  Actually the reason behind bitcoins popularity is that, it prices are increasing, it come with a thousand of benefits,  it offers the people freedom of money.  People won't have to depend on bitcoin and bitcoins is not only a substitute of money but it's also become a investment.  Big companies and huge investment banks are taking interest.  Everyone is talking about the bitcoins.  Bitcoins are the most accepted and recognised crypto currency among other crypto currencies.  And by the end of 2022 there are chances that bitcoins are used by everyone and everyone will be bitcoin owner
nelmari
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October 24, 2017, 01:28:24 AM
 #2368

Yes I think by 2022 almost everyone will be using Bitcoin and other crypto coins but I don't think it will destroy or eliminate the fiat currencies, I think it's far from happening as of this time. But we'll never know, a lot could happen in a few years.
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October 24, 2017, 01:49:23 AM
 #2369

Bitcoin will be used by almost everyone not only in 2022 but even now people can use bitcoin with effeciency because of internet. Maybe 2022 will be a boost for bitcoin users but it is up to the information and the encouragement of the people already in bitcoin industry.

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October 24, 2017, 02:57:59 AM
 #2370

Yes I think by 2022 almost everyone will be using Bitcoin and other crypto coins but I don't think it will destroy or eliminate the fiat currencies, I think it's far from happening as of this time. But we'll never know, a lot could happen in a few years.
I don't think that 2022 will not be the time where bitcoin will be used by almost everyone because bitcoin has still a long way to go and the remaining almost 5 years is not enough for bitcoin to be known by almost everyone and use it as a currency or to put their money in bitcoin because even until now, a lot of people are just clueless that bitcoin existed.
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October 24, 2017, 05:10:26 AM
 #2371

it is not possible in this short time.it will take more long time.it will take almost 2050.This time world will change but we will not there I think so. Grin

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October 24, 2017, 05:40:07 AM
 #2372

depending on the state of the government, if they end up mass regulating, then 2022 will be the bitcoin year of glory, but also the Internet technology infrastructure must be comprehensive to all regions, this is also an important factor. Bitcoin does not require counseling or is included in the school curriculum because human resources will increase if people are familiar with long-term investment and investment assets.

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October 24, 2017, 05:48:07 AM
 #2373

it is not possible in this short time.it will take more long time.it will take almost 2050.This time world will change but we will not there I think so. Grin
Not sure if everyone will use bitcoin, even with the extraordinary success has achieve lately and the future looks brighter I still
think it will not make the majority of the world's population to adopt.

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zeaderza
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October 24, 2017, 08:46:23 AM
 #2374

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.
At present, there is only 1% of the population of the entire world which knows about bitcoin. Still there are so many people who are unaware of even the word bitcoin. In the coming days, there will be so many people who will be knowing about bitcoin but still there will so many others as well, who will be unaware of this thing even by the end of 2022. It will take lot of time for this world to know about bitcoin.
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October 24, 2017, 09:03:08 AM
 #2375

Bitcoin won't destroy the Fiat system. The Fiat system will destroy the Fiat system.

What most people aren't aware of is that the government can easily adopt some form of blockchain technology, create an alternative cryptographic currency, and then name that currency The United States Dollar. They own the rights to that name, and so can easily scrap the fiat system in favor of a blackchain based alternative.

So in the years to come, the entire US population may end up using some version of a national crypto currency without even knowing it. Whether this currency will be Bitcoin, or something else, I'm not entirely sure - but I do see the global economy heading toward blockchain adoption.

The only alternative is complete financial devastation, caused by repeated rounds of "Quantitative Easing" that has caused the dollar to lose 99% of it's value over the last 100 years, thereby depleting the worth of an entire nation's savings... which has brought about a complete lack of a capacity for the government to repay national debt.

In the long run, this financial crisis is only going to get worse, unless the system is completely overhauled... And the only mechanism in existence today that is capable of acting as an alternative to the current financial system is the Blockchain
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October 24, 2017, 11:53:00 AM
 #2376

I think it will not happen. The government does not allow a country and a central bank to simply replace the fiat that is used to. It's not all that appreciated the bitcoin especially those living in the islands. In addition, there is a single sign of fiat symbol in a country. How much to know a country if we mostly use all transactions is bitcoin. Yes, let's say we all know bitcoin and many users of bitcoin but so many do not know about bitcoin.It's just my opinion.
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October 24, 2017, 11:58:19 AM
 #2377

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.
At present, there is only 1% of the population of the entire world which knows about bitcoin. Still there are so many people who are unaware of even the word bitcoin. In the coming days, there will be so many people who will be knowing about bitcoin but still there will so many others as well, who will be unaware of this thing even by the end of 2022. It will take lot of time for this world to know about bitcoin.
Yes, we are very low in number but has been contributing to an billion dollar valued asset. Currently we're to the maximum of 2-3% in the population is aware of bitcoin as well other digital currencies. This will increase as more news regarding digital growth keeps coming through news portals. By 2022 the price will be much higher as we'll be crossing one more halving, in terms of user base we might reach around 5-8% of the population.
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October 24, 2017, 02:27:56 PM
 #2378

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.
At present, there is only 1% of the population of the entire world which knows about bitcoin. Still there are so many people who are unaware of even the word bitcoin. In the coming days, there will be so many people who will be knowing about bitcoin but still there will so many others as well, who will be unaware of this thing even by the end of 2022. It will take lot of time for this world to know about bitcoin.
Yes, we are very low in number but has been contributing to an billion dollar valued asset. Currently we're to the maximum of 2-3% in the population is aware of bitcoin as well other digital currencies. This will increase as more news regarding digital growth keeps coming through news portals. By 2022 the price will be much higher as we'll be crossing one more halving, in terms of user base we might reach around 5-8% of the population.
5-8%? i think that is too little to think about i would say it can become 20% around 2022 because a lot of new people are starting and i am not talking about the bots or the multiple accounts but i am talking about actual new people who find it interesting to use and invest in bitcoin.
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October 24, 2017, 02:39:14 PM
 #2379

I think there will come a time that people all over the world will use digital currencies. However, I do not see it happening in the near future because banks are protected by governments due to the fact that its business is imbued with public interest. Meaning to say, a lot of people who invests on banks will be heavily paralyzed should the banking system close indefinitely. Remember there are points on why banks are still better than digital currencies and one of which is the certainty that when you put your money to them, you are assured it will be returned to you unlike that of digital currencies wherein it offers no security.
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October 24, 2017, 02:42:38 PM
 #2380

I think by then everyone will be using bitcoin. Witch is probably nice but investing in bitcoin when everyone uses bitcoin won't make you a lot of money anymore than you would if you were investing right now.
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