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Author Topic: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?  (Read 169483 times)
Taiayam
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April 02, 2018, 05:12:31 PM
 #3181

I say this because for every innovation or new thing that comes up, not everyone will use it just because someone said it is good. Some people are just skeptical about new things and they would rather remain with the old way of doing things. They don't want to be disturbed by technology that they doubt. That is why we can say bitcoin will be popular but it will not be used by everyone.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Via-
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April 02, 2018, 05:32:28 PM
 #3182

I dont know but the current value of bitcoin, will drop due to the split, but it will recover again, and with those i do hope bitcoin can handle the transactions issues at once. Several people are using bitcoin as store as value, as well investing their savings into it, soo i could say bitcoin is growing quickly with the new value, the question now is will bitcoin be legalized at once?
Wong Gendheng
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April 02, 2018, 05:46:40 PM
 #3183

No, I don't think we will see a usage rate over 10-15% on bitcoin in 2022. Simply because it is still so complex for the most of people and it needs to get easier to use and so on first.
Nowadays btc is abused as a store of value rather than as a currency imo, which is very sad.
Yes true, I'm sure bitcoin will not reach more than 10% in 2022 or 4 years again, this is because bitcoin will continue to get resistance from people, communities hinga countries that are worried about the development of bitcoin.
reyzel27
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April 03, 2018, 08:21:23 PM
 #3184

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, I believe in 2022 bitcoin has been used by everyone in the world, I think it will be used by a lot of people by then because the bitcoin infrastructure should be complete by then i guess.And then more shops adopt bitcoin causing a massive increase in people that will use it.
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April 04, 2018, 09:10:16 AM
 #3185

I think not, it's too hard to make bitcoin used almost everyone in 2022, even 10 years from now it's hard, this is because bitcoin is hard to guess so it makes a lot of people hesitate and coupled with more negative news about bitcoin

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Shavedcoconut
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April 06, 2018, 07:06:57 PM
 #3186

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 .

I agree. Couldn’t have put it any better. They damn well like to control. More than like its now a need, they dont know how things could be different, dont want us thinking of an alternative system(let alone have one!) but it would be the best thing ever if the system changed and was substituted for crypto onviously decentralised otherwise its no better than now
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April 06, 2018, 07:30:23 PM
 #3187

Probably but you never know what will happen, banks will never disappear.
It all starts with believing Smiley
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April 06, 2018, 07:51:50 PM
 #3188

Who knows what will happen with bitcoin tomorrow? I don't know and if i can't predict that stuff how can i be sure that people will not stop using bitcoin in few weeks.

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April 07, 2018, 05:17:22 AM
 #3189

Who knows what will happen with bitcoin tomorrow? I don't know and if i can't predict that stuff how can i be sure that people will not stop using bitcoin in few weeks.
Let us not focus on the price because it can be manipulated, let's focus on the development.
Bitcoin IMO is getting popular now because big institutions are considering the blockchain already to be integrated in their business.
Of course when that will happen, bitcoin will increase its demand and the price will just follow.
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April 08, 2018, 10:53:04 AM
 #3190

I don't think that the governments and the bank owners will let bitcoin absolutely take over fiat for the reason that it has already been there for a long time so it has become a state's or a country's standard matter of concern. However, I really think that the number of people who will use bitcoin in the future will still depend on how we open and extend our knowledge to them on how their lives could change.
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April 08, 2018, 11:32:23 AM
 #3191

As I see it, Bitcoin has the potential to be the most used asset for the purpose of storing value, but I'm not sure about micropayments. It is important to remember that new technologies come up every year. If Bitcoin keeps improving, it could be one of the most widely used means of payment for microtransactions, but this requires effort and consensus among developers, users and miners.
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April 08, 2018, 12:46:36 PM
 #3192

In my opinion, it seems that the use of bitcoin in the payment system or purchase of goods will be done gradually, in the sense that only people in big cities can use it first. Especially the use of coins and paper is still very necessary for people who live far from the city because the technology is not often found there.

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April 08, 2018, 01:12:30 PM
 #3193

Bitcoin wont be a threat to fiat money in 2022, yes, bitcoin would be very known but not everyone would be interested and convinced to use it. Some Government and banks banned bitcoin today because of some reasons like the decentralized system of it where the people are in control of their profits. In addition to that, though you may say that the use of technology increases day by day, there will be some places who wont be reached by this, so I think it is not possible that everyone will ise bitcoin in 2022.

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April 08, 2018, 01:14:37 PM
 #3194

we do not know what are the things might happen in 2022, but regardIng to bitcoin in 2022 I think bitcoin is very famous and everyone are aware about bitcoin but I am not sure if Btc is uses by everyone,  because in that year many cryptocurrency would try to become more better to beat BTC.

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April 08, 2018, 01:15:55 PM
 #3195

Who really knows?? Maybe not Bitcoin, but another decentralized currency. Everything is shifting towards tokenization, mainstream is finally grasping this tech, but don't expect any currency without strict regulations by the powers that be.  Wink



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April 08, 2018, 01:20:08 PM
 #3196

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 will not destroy or displace fiat system because fiat is the money that we use many many years and there is some people will not agree for that, because there many people who don't really know bitcoin. But in the year 2022, I am sure that the number of people who using bitcoin will become bigger, because maybe in that year bitcoin will become so famous in all over the world.
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April 08, 2018, 01:32:58 PM
 #3197

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 own opinion, there's a small probability that BTC will replace the fiat system as BTC is still under development until now. It's not yet perfect and the development will continue and we cannot tell when it will become perfect.

For the question, "WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?", my answer will be yes but let me say not only BTC but the blockchain system or cyptocurrency.
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April 08, 2018, 05:20:58 PM
 #3198

Its true Bitcoin will destroy fiat money one day in future, for now, it is impossible to predict the exact year of happening. Many people are not aware of that the country government can adopt blockchain technology as we have already heard from the Indian Government this year on budget. This will be game change if other countries start their own digital money based on blockchain like Venezuela's Petro.

Based on the number of an interested country in blockchain technology the value of Bitcoin will increase accordingly but I am not sure that Bitcoin will be used to buy everything by everyone in coming 5 years.
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April 08, 2018, 05:36:57 PM
 #3199

well bitcoin is the one who has started all this crypto craze and if it successes to grow and be sustainable I think yes everyone would use a digital  money in 2022 and hope we are right.

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April 08, 2018, 10:31:49 PM
 #3200

Everything can happen, bitcoin prices are skyrocketing quickly no one thinks, and I think it's not excessive if by 2022 then bitcoin is used almost people, the first sign is possible if the price this year could reach $ 50k.
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