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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169483 times)
FLoving
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October 28, 2017, 02:14:38 PM
 #2441

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.
I do not really see it as a big period. That is a very short period for something like that to ever happen. It is impossible. Almost everyone? Sure, it could be almost everyone in some places, but if we are to consider global adoption, you should check the news and see how far behind some people still are when it comes to technology and how long it would take before they can even keep up to the point of ever being able to use bitcoin.
It is not impossible and by everyone we can take majority of the world, obviously those who are living in third world countries are not going to use bitcoin by 2022. They have many other issues pending. The way bitcoin market is growing, we can expect anything from this amazing currency. The way it is increasing in value is amazing and it is attracting the attention of big companies as well now.
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October 28, 2017, 02:17:46 PM
 #2442

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.
bitcoin will not destroy the fiat also bank will still exist because government always be supported bank although bitcoin will more popular i don't think bitcoin will conquer the world by destroy fiat and banks because government won't let it happen

I think there is a big possibility that bitcoin will be recognized in the future, possibly in the near future. However, I think that it won't come to point where it will destroy the fiat system because if that happens, it will be the downfall of a country's government. I don't think countries would let that happen because they will safeguard themselves against that. Also, would it be better if digital currencies will just be recognized and interplay with the current market system? It would be better for people because they will have more options to transact and to purchase.

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October 28, 2017, 02:25:25 PM
 #2443

Almost everyone I talk to these days has at least heard of bitcoin its a good sign that in the next 4 years the majority of the world will be aware of bitcoin and its life changing ways.
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October 28, 2017, 02:30:47 PM
 #2444

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 most of the people will use bitcoin in 2022 because it has many benefits so, in the future I think bitcoin will be known all over the world. I dont think bitcoin will destroy that fiat system because if the country's officials will let that happen then it would be the worst case that will happen. It might be the greatest downfall of every country and that would be a worst scenario or worst change that will happen like what you've said. I don't think bitcoin will be the reason of the destruction of the fiat system . It will never cross the line. I think it will not happen.

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October 28, 2017, 02:33:27 PM
 #2445

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.

The US banks move trillions and trillions each day and you think bitcoin is going to kill banks.  If that is your belief, you may wish to take a much longer look at the workings of the US Federal reserver and congress not to mention the ECB and China Central bank.

The US Federal Reserve, ECB and Central Bank of China can kill off bitcoin any time they want and turn it into nothing but a money changer for black market enterprises.

If the US Government decides to make bitcoin transactions illegal, would I risk my net worth by using it?  What could I possible gain by taking such a risk?
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October 28, 2017, 02:34:16 PM
 #2446

I think bitcoin adoption will certainly grow but I don't see it ever really surpassing about 50% population usage, other cryptos can also grow and I think by 2022 we may find that a large majority of the population are using some crypto.

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October 28, 2017, 02:35:39 PM
 #2447

Yes I believe so. I think some people might not even know they're using Bitcoin even because of the services and apps that will be developed to make things easier for them.
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October 28, 2017, 04:39:52 PM
 #2448

The use or not will be conected with each country position, if they legalize people will search and buy a portion of bitcoin for sure, if the countries ignore or ban it will make potencial investors to hold their money till the right or best moment. There is no way to predict the next 5 years, since this year a lot things happened that no one were expecting to happen at all, thats the beauty at crypto, there is no goals to be achieved at all, freedom, let it fly if it needs.
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October 28, 2017, 04:51:14 PM
 #2449

I think yes the major population of the world will use bitcoin in the year 2022 because the environment is good for the new investor and they are rapidly buying these coins for the sake of good return. Bitcoin is providing them the desired return and the most of the people are earning this they involved in online casinos betting and many other activities some of them are doing sale and purchase through bitcoin.

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October 28, 2017, 05:36:40 PM
 #2450

I think bitcoin adoption will certainly grow but I don't see it ever really surpassing about 50% population usage, other cryptos can also grow and I think by 2022 we may find that a large majority of the population are using some crypto.
Yup this could be possible, now already bitcoin become a famous by increasing a huge price in a short time. This price is impressing and making new people to come to this bitcoin world. As you said in 2022, i think most of the people around the world start to use bitcoins.
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October 28, 2017, 05:38:13 PM
 #2451

i dont think so ! maybe bitcoin will be the primary money for that time and fiat are just centavo of bitcoin or will be use as satoshi Cheesy
every year that gone bitcoin is comming more into everyone's life !


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October 28, 2017, 06:23:48 PM
 #2452

If almost everybody is 75%+ then the answer to your question is 100% no. Quite simply all those people wont even have access to the internet. Lets make the assumption that 75% of people do have internet now but still

not everybody who has internet is going to buy bitcoin right away and automatically. Lastly if you add in the fact that some people have 10+ bitcoins and will never relinquish them or under extreme circumstances I say no

chance almost everybody has bitcoin in 2022. Maybe 2042 when people are looking to sell assets and everybody is connected by internet (assumptions made) then we might have most people using bitcoin and bitcoin may

even be a worldwide currency by then who knows.

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October 28, 2017, 06:33:18 PM
 #2453

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.

It is so hard to change the fiat system, im really sure of that. Okay, bitcoin is stronger each day, but to change and replace the fiat system, i guess it won't. You don't need to believe and accept all of the expert says, i know this is a word you heard or read from news from that person, i kinda forgot the name. Even though there are already country that accepts bitcoin as a legal payment, some others banned it. Some people knows bitcoin well, some others doens even heard of bitcoin. But fiat system, every country uses it, every person knows and uses it, and with it we measure the amount or price of products or things in this world. So, to change a fiat system,it is unlikely, but if you talk about will bitcoin be used by everyone by 2022, it has a chance, because like i said, bitcoin is growing more and more, so there is a chance that bitcoin will be used by people along side the fiat system. That is what i thought.
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October 28, 2017, 06:45:36 PM
 #2454

No,bitcoin is still unknown to majority of people world wide.Most countries have not yet legalized it.Some countries even try to ban it.Most retailers don't accept it due to its high volatile nature.Also,people in under developed countries where internet is not widely available don't get access to bitcoin.

So,by 2022,bitcoin users may even triple or more,but it would not be used by every one and it would take a very long time to happen.
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October 28, 2017, 08:03:05 PM
 #2455

No,bitcoin is still unknown to majority of people world wide.Most countries have not yet legalized it.Some countries even try to ban it.Most retailers don't accept it due to its high volatile nature.Also,people in under developed countries where internet is not widely available don't get access to bitcoin.

So,by 2022,bitcoin users may even triple or more,but it would not be used by every one and it would take a very long time to happen.


Most retailers won't probably accept it until and unless the whole market structure accepts Bitcoin, or else the high volatility will affect them.
And rural countries will take long enough time to adopt this new technology.

Recently strict rules and banning of exchanges in specific countries is further delaying the process of worldwide adoption.
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October 30, 2017, 12:46:24 AM
 #2456

No,bitcoin is still unknown to majority of people world wide.Most countries have not yet legalized it.Some countries even try to ban it.Most retailers don't accept it due to its high volatile nature.Also,people in under developed countries where internet is not widely available don't get access to bitcoin.

So,by 2022,bitcoin users may even triple or more,but it would not be used by every one and it would take a very long time to happen.


Most retailers won't probably accept it until and unless the whole market structure accepts Bitcoin, or else the high volatility will affect them.
And rural countries will take long enough time to adopt this new technology.

Recently strict rules and banning of exchanges in specific countries is further delaying the process of worldwide adoption.
The Big reason why a few country can't able admit or ready to adopt technology of blockchain, 'cause character of bitcoin's will not fullly support activities exists within a country. I'm not sure on future bitcoins will be adopted by worldwide.
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October 30, 2017, 02:40:56 AM
 #2457

2022? Nope.  5 years is not enough I think. The world is still run by a corrupt system so those in charge won't allow something that they can't control. Maybe I'll get famous enough so that its price will go up.
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October 30, 2017, 04:57:34 AM
 #2458

2022? Nope.  5 years is not enough I think. The world is still run by a corrupt system so those in charge won't allow something that they can't control. Maybe I'll get famous enough so that its price will go up.

Yes I agree, it takes a long time to be used globally, we can take the example of EURO currency unification, it took more than 10 years for socialization, currently bitcoin users are not more than 1% and 5 more years may be around 5% of world population.

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October 30, 2017, 06:37:16 AM
 #2459

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.

It is so hard to change the fiat system, im really sure of that. Okay, bitcoin is stronger each day, but to change and replace the fiat system, i guess it won't. You don't need to believe and accept all of the expert says, i know this is a word you heard or read from news from that person, i kinda forgot the name. Even though there are already country that accepts bitcoin as a legal payment, some others banned it. Some people knows bitcoin well, some others doens even heard of bitcoin. But fiat system, every country uses it, every person knows and uses it, and with it we measure the amount or price of products or things in this world. So, to change a fiat system,it is unlikely, but if you talk about will bitcoin be used by everyone by 2022, it has a chance, because like i said, bitcoin is growing more and more, so there is a chance that bitcoin will be used by people along side the fiat system. That is what i thought.
No 2022 is too early to say this.Many nations still have not legalised bitcoin.Many people still do not know about bitcoin and cryptocurrencies.In many places there is no access to internet and many people in the world are still illiterate.They even don't have any basic knowledge about internet and cryptocurrencies.Since bitcoin is not regulated by any central bank or any institution,people are afraid to use it and invest in it.Many people still depend on fiat money for their day to day transactions.
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October 30, 2017, 06:44:25 AM
 #2460

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.
This will never happen, confirmation of the prohibitions in several countries, and some are still introducing their own crypto currency. Believe me, the crisis will not win the established economy of the country, it is impossible and will lead to a complete collapse of the country's economy, which the government understands well.

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