Derrick
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December 06, 2017, 09:42:38 AM |
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Bitcoin will more then likely won't destroy fiat , Banks and goverments will simply won't let us do that . They will even make their own crypto currencies but It won't be decentralized like Bitcoin because they like to control .
Now if we speak about the price , yes It's going to rise a lot and if we speak about the users then yes It will rise a lot too but "Almost everyone" ? probably not .
Kinda agreed with this guy opinion about the topic discussion. Like what he said, right now Uruguay made move about creating digital currencies that is "not bitcoin". Bank and government absolutely won't let digital currencies destroy them. and the term used by everyone. I think we need to eradicate the lack of technology knowledge in some area in this world. But that is not bitcoin purpose, bitcoin does not have as a goal to destroy fiat, the goal of bitcoin is to give you an alternative, there was no money to be had in this world that was not printed by a government and now we have hundreds of crypto that are precisely that and no only that we took off the middle man as well since you do not need banks, that is a great thing and something to not take too lightly. The goal was diverted anyway. Bitcoin became an investment methd during the year and the payment usability is not that important at the moment. The usage is increasing every yer, in 2022, the community would be 15-20 times bigger than this. On the off chance that we can judge the speed of loan cost of bitcoin then it there is greater plausibility of that each individual will move toward becoming clients of bitcoin before 2022 on the grounds that now bitcoin have make an incredible trust on bitcoin and individuals are bringing enthusiasm with a quick rate.
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December 06, 2017, 09:46:15 AM |
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Bitcoin is definitely used by more and more people daily, by just taking a look at the growing amount of trading volumes in all the crypto-currencies exchanges, I could see the trading volume of bitcoin growing much higher as compared to a few years ago.
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CHENIEN
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December 06, 2017, 09:58:19 AM |
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Yes! It will be happen by 2022 everyone used bitcoin. It defends upon on how this bitcoin manage to every users. Because only most users invites mostly of their friends. It is because of the good outcome. As what i have notice all of my friends playing bitcoin from investing to trading they got multiple back profit of their money. So no doubt by 2022 everyone will used bitcoin.
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Kadal Ijo
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December 06, 2017, 11:04:49 AM |
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it seems still not, as we know that in 2018 and just 4 years away, it seems that bitcoin will not be used almost people in 2022, it may take at least 10 years from now.
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aeternus
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December 07, 2017, 06:54:04 PM |
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For me, bitcoin has a chance to be used by almost everyone in 2022, but the possibility is like 15-20% that nearly everyone will use bitcoin. Even bitcoin is expensive and getting popular the acceptance of it is low. There are only a few companies and establishment that accept bitcoin as payment. Also, some countries and sector of government don’t agree on bitcoin. No it is simply too soon, I like bitcoin and I think eventually bitcoin is going to be used by a big amount of people across the globe, but you need to understand that things like these take time, look at mobile phones, that technology has been around since the 80 but it was not until the las decade that everyone began to use them, so it took almost 30 years for that technology to become accepted, bitcoin is only a decade old.
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Makak4R
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December 07, 2017, 07:06:25 PM |
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you see there quite a lot of people here on Earth and there are places without the net. That is why I think it will never happen in such a short period of time. Bit this will happen ( I guess) eventually. And for that we will see a decent jump of popularity of BTC within investors next year, but even after 5 years there will be a lot of people who never heard about btc by that time.
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hASHmETAL
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December 07, 2017, 07:10:52 PM |
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No Way!!! not with this level of transaction Fee's impossible!!
The perfectly designed Game is on by Regulators and Governments to fully blow up BITCOIN, Cboe futures listing is indication!! ??
My experience on crypto says money will flows only to who has lot of money already !! Sad for poor developers and miners!! may they have better money from past !! ultimate game is playing by fiat institutions and bitcoin futures is in there hand not in dev team or miners !! I'll throw up challenge to prove by dev team and miners team as wrong by reducing transaction fee to under $10/per transactions from current ~$94/transaction to include marginal bitcoin with small amount yet to make larger base. Otherwise let them accept bitcoin is not for common people and they are working as modern slavery for fiat institutions and/ or corrupt governments. Caution:: Current Bitcoin holders will be robbed or taken for ransome by rigged system in future for holding it!! either you have loose it or share your fortune with rough system it's the future (about to launch) of bitcoin I'm assessing!
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Marianmariana
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December 10, 2017, 01:36:55 PM |
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The quantity of electrical power and poer th netork requires for mining is unsustainable and environmentally insensitive. Thwewan be a drawback with all of POW systems in general.sc i
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indog
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December 11, 2017, 10:39:14 AM |
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I do not think so, because right now some countries forbid their people to use bitcoin, resist bitcion with their own arguments, so it's a small need for the whole world to use bitcoin in 2022.
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Guesstures012301
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December 11, 2017, 10:45:21 AM |
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I think yes, because everyweek almost 1k+ people are signing up. And some need some money so they will use this.
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Kong Hey Pakboy
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December 11, 2017, 10:53:20 AM |
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If we are talking about 2022, that is 5 years in advance, there is a possibility that Bitcoin will be the center of currency or be used by all of us or maybe get legalized in most of the countries. But we can't still be sure since maybe on that day, the price of Bitcoin may rise up to $50,000, we can't say. This is so large to the point that we can find it so useful.
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rfouziha
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December 11, 2017, 11:08:08 AM |
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We no need to finish fiat and which is not possible also, only the possible thing is fiat usage % will be go down. About bitcoin usage by almost everyone in 2022 is also not enough time so this task also very difficult to achieve. One thing could be happened that is lot of big shots will enter bitcoin and they will change the game mode and bitcoin will be in next level no body can predict about it technical wise and rate wise. That time government will not have no choice except to accept bitcoin or else they will have their own cryptocurrency against bitcoin.
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lalunalaguna
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December 11, 2017, 11:13:32 AM |
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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 am seeing that there is really a large possibility that many or rather almost everyone in the world will be starting to use bitcoin on that year of 2022 if bitcoin will be continuously be popular and people will see it as a great opportunity to gain, possibly bitcoin will be really used by almost everybody at that time. But whenever that thing will not happen in the 2022, there are still many years that this scenario will happen just on a step by step basis.
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Janation
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December 11, 2017, 11:31:01 AM |
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I think yes, because everyweek almost 1k+ people are signing up. And some need some money so they will use this.
I think it is possible that every one can use bitcoin in that time but it worries me how will the network do with a lot of users transacting bitcoin. The more the bitcoin rises, I think the more the people will be having a hard time earning or buying one. And if you say it like that you are stating that using bitcoin is like a social media where they need to sign up for an account but all you need is your bitcoin wallet and you are ready to go.
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Chienna
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December 11, 2017, 11:49:25 AM |
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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 so. As you almost but not at all because I think in 2022 there are people who still choose the real money than bitcoin. All people have different beliefs that is why we are diverse in what we want. If the law implemented that bitcoin should use by all people naybe ut is the time that everyone wull use and depend on bitcoin.
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aeternus
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December 11, 2017, 10:28:32 PM |
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The quantity of electrical power and poer th netork requires for mining is unsustainable and environmentally insensitive. Thwewan be a drawback with all of POW systems in general.sc i
This is just exaggerated, bitcoin consumes less energy than the normal process of minting coins and dollars and a lot less than the process of extracting gold from the deeps of the earth, that does not mean bitcoin does not consume a significant amount of energy but do not fall for it that is just propaganda to make it look as if bitcoin is not safe for the environment.
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ezbreezy08
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December 11, 2017, 11:33:45 PM |
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Well if the governments implement on that thing then we can see a good result for the next 6 years. But how about 3rd world country? Or people there inclusive area are doesnt know how to use phone?
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ghost07
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December 11, 2017, 11:40:57 PM |
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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 dont thinks fiats system will not be longer exist soon. They will not try to make bitcoin will exist only fiats are pioneering banks all over the waorld. But in the future maybe we will use bitcoin as our universal payment or money but fiat is also exist.
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kateycoin
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December 11, 2017, 11:58:25 PM |
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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 not all people will use bitcoin because lot of places don't have internet or gadget and some people is lack of knowledge about this digital currency. But will see in next more years if all people will use bitcoin no one can predict.
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BlackRock
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December 12, 2017, 12:26:49 AM |
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I think by 2022 yes bitcoin would become much much more popular on every country all over the world and surely most of the peoples in the world would probably start using bitcoins.
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