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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169486 times)
Distinctin
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October 25, 2017, 06:15:37 AM
 #2401

No I dont think so, bitcoin need too much of technical understanding... alot of not technical people out there.. it is not easy to make them change their mindset
Everyone can adopt with bitcoin but only if they will understand and based on my analysis only few of the total world's population has the potential
to adopt with bitcoin and considering the total adopters now are still very small, I don't think in 5 years it will achieve a massive adoption.

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October 25, 2017, 06:24:15 AM
 #2402

Nowadays everything goes more digital it is convenient to deal with digital money but 2022 is too near the future for BTC to be used worldwide. I think we need more time for this.

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October 25, 2017, 06:28:09 AM
 #2403

Karl Malone and John Stockton still use flip phones...



There is no chance that "almost everyone" in the older generations will use Bitcoin by 2022.

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October 25, 2017, 06:54:48 AM
 #2404

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 doesn’t matter. Number don’t have any concern in terms of the future. See, bitcoin is being developed since last 9 years and only 21 million bitcoin are there in market. But when you talk about future, users will be more in number then ultimately the developing companies have to manage more bitcoins as per population. So, things will be fine and the future is all about it.
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October 25, 2017, 07:00:47 AM
 #2405

That remain to be seen, as of now bitcoin holders are still a minority and more work should be done to make bitcoin known to every people.
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October 25, 2017, 01:44:57 PM
 #2406

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.
If we talk on the basis of facts and figures, then this is nearly impossible sort of thing. There is no way that bitcoin will be used by everyone and that too in just a short period of time. There is no doubt to accept this thing that bitcoin is the best thing right now but still there are so many who are even unaware of the word of bitcoin. It will take lot of time for this world to know about bitcoin.
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October 26, 2017, 06:08:58 AM
 #2407

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.
As by seeing the popularity graph rises this will happen for sure in 2022 because a lot of regions are thinking to join and this will bring more used to the region and this is the benchmark that was set in the start of bitcoin and now it become the most famous currency of world and whole world is talking about this at every level so future will be all about bitcoin and it may be will global currency of the world.
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October 26, 2017, 01:11:51 PM
 #2408

Thats a big period to be able to predict anything about bitcoin future, but one thing is sure into 2022 bitcoin will be above 10000 dollars, and i believe atleast we will have 3-6 big countries wich had already legalized bitcoin. Not all people will join crypto world no matter if the value reach 50k or even 200k dollars, a lot people dont like crypto currencies and will ignore them.
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October 26, 2017, 01:39:01 PM
 #2409

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.


Well there is a possibility that this could happen because the economy will be greatly affected due to less usage of cash. On the other hand, this is also a great thing since I am using bitcoin, so this is in favour of what I do in life.

 
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October 26, 2017, 02:09:44 PM
 #2410

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.


Well there is a possibility that this could happen because the economy will be greatly affected due to less usage of cash. On the other hand, this is also a great thing since I am using bitcoin, so this is in favour of what I do in life.
What I have foreseen in future the next generation would probably prepare to use crypto currency,in terms of international transactions this would replace  USD or any popular currency. as the medium of payment, but local currency in every nation would still prevail because government would still take a control on the monetary system, in which they implement taxation. it maybe in virtual currency type of money but it would bring identity to a host country.

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October 26, 2017, 02:15:21 PM
 #2411

Yeah i think that bitcoin will be used by everyone in 2022.Because now bitcoin is almost very popular.So it will be used by almost everyone in 2022

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October 26, 2017, 02:24:30 PM
 #2412

We wish and hope to happen that bitcoin will be used by almost everyone in 2022 but don't you think is practical what I observe is it is not possible for ever. You know that to deal with bitcoin we need access to internet are we full fill that requirement the big answer is no so every country has to develop for that basic requirement of digitalization if I am not lot places even there is no electricity. So it is not possible but for sure the number of user of bitcoin and its need will be 100% increase as what now exists.

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October 26, 2017, 02:55:13 PM
 #2413

Yeah i think that bitcoin will be used by everyone in 2022.Because now bitcoin is almost very popular.So it will be used by almost everyone in 2022
That's a huge perception. It is really hard to say that everyone will be able to use bitcoin in 2022. Imagine and consider people who can't even afford to have their own gadgets that they will use in their transaction with bitcoin, those people who barely eat a decent meal every day. There is a lot of factors that hinder other people to let them use bitcoin. It is much safer to say that there will be more users of bitcoin in the year 2022 than to say that almost everyone.
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October 26, 2017, 03:42:38 PM
 #2414

It is a booming, dizzying market. Since the start of the year, bitcoin, the world’s biggest cryptocurrency, has almost tripled in value to $2,565. By some estimates, the cryptocurrency business could be worth $5tn by 2022. There are now close to 800 cryptocurrencies worth, in total, around $96bn.
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October 26, 2017, 03:45:44 PM
 #2415

I think so, yes. It took only 6 months for a group to introduce computer programming to the minorities of Africa. Technology is rising fast, the only thing that is holding us back is the lack of resources
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October 27, 2017, 08:20:41 AM
 #2416

Karl Malone and John Stockton still use flip phones...

[im g]http://dsz7vodgjx60a.cloudfront.net/wp-content/uploads/2015/09/bil-kmalone.jpg[/img]

There is no chance that "almost everyone" in the older generations will use Bitcoin by 2022.
I could not stop laughing with this your statement and that is the truth. The fact that bitcoin is making waves or technology is increasing does not mean everyone will be ready to adopt it. It is just the way it is.

Some would still prefer the old system of doing things. Also, talking about almost everyone in the world, where do we want to put the less privileged countries or those without much infrastructures to have access to making use of bitcoin ? So, almost everyone in 2022 is not possible at all.
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October 27, 2017, 08:31:44 AM
 #2417

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.

Men 2022 is near, and our people doesn't know it yet so I think you thoughts are not possible because bitcoi.s being popular and gaining a lot pf value doesn't mean that they will be the pne who rule the world. And besides not all country knows about it and not all people can access it because there are some people who doesn't have a mobile device and spme country doesn't have an internet connection so how could that be possible. People always wants to used what is more convenient so they will probably go to the fiat allways
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October 27, 2017, 08:38:15 AM
 #2418

It may because bitcoin is a type of crypto currency and can also be a good source of money just by working yourself in front of your own pc.
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October 27, 2017, 08:47:24 AM
 #2419

In my opinion it is not possible that by 2022 everyone will use Bitcoin.

If you look at the % of people that have access to internet we are now at about 47%. (https://en.wikipedia.org/wiki/Global_Internet_usage)
Hence first everyone in the world should get connected before Bitcoin can be used by everyone.

If we reach a doubling of the users of Bitcoin every year I guess we will be at about 1 billion users... pretty huge number though.

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October 27, 2017, 08:52:05 AM
 #2420

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.

Five years from now, a lot could happen, I believe that bitcoin by that time has already gained popularity and can now be used in any possible forms of transactions for buying goods and services. Probably almost everyone by 2022 knew what bitcoin is and what it offers but I doubt if they'll start using it already since it needs to gain trust before everyone can accept and begin using it.

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