acroman08
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September 04, 2019, 11:33:58 AM |
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Christian Dekker: “I think that everyone will use bitcoin in one form or another. I’m not sure in what form this will happen, whether each person will have their own wallet or bitcoin will be part of some other mechanism in the hidden form "However, this is a very important tool, and people will use it."
What do you think guys? how many years do we need for all people using BTC?
He can just call it cryptocurrency bitcoin is not the whole cryptocurrency and yes I think that people will use cryptocurrency in the future and will have a wallet of their own. as for how many years it would take for people to use cryptocurrency is it depends on the situation. but in my own opinion I think it'll take 2 decades or less for every person for cryptocurrency to be the main option for payment.
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FontSeli
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September 04, 2019, 01:25:08 PM |
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Christian Dekker: “I think that everyone will use bitcoin in one form or another. I’m not sure in what form this will happen, whether each person will have their own wallet or bitcoin will be part of some other mechanism in the hidden form "However, this is a very important tool, and people will use it."
What do you think guys? how many years do we need for all people using BTC?
In order for Bitcoin to receive mass adaptation, you do not need to invent anything new. To do this, it is only necessary that governments, global corporations and banks do not interfere with the adaptation of Bitcoin. Bitcoin has already won the minds of many people, they are using it, they trust it and it needs only time to adapt it more and more.
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xenomorphe1
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September 04, 2019, 01:36:24 PM Last edit: September 04, 2019, 01:57:44 PM by xenomorphe1 |
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I don't think everyone will possess some bitcoin. Only cryptos speculators and people who are interesting about the technology or dreaming about becoming rich are buying bitcoin. I don't see an adoption of bitcoin in the current society. Yes, there are some credit cards companies offering to pay with bitcoin. But you have to rely on another company to pay with your cryptos. Personnally i don't have this kind of credit card and i don't really want to have one as cryptos is too much volatile. Bitcoin can gain $1000 dollar in the next 30 minutes or lose the equivalent sum. Paying with bitcoin is not going to happen.
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pamsugas
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September 04, 2019, 01:47:00 PM |
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it's hard for all to accept bitcoin and I'm sure that won't happen. there are many countries to fight the circulation of bitcoin so there is still a fear of using bitcoin plus very high fluctuations so that people are afraid of it.
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cytpoway121
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September 04, 2019, 01:48:22 PM |
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I think even if we wait 100 years not everyone will use bitcoin
Bitcoin is not fiat and it cannot be imposed on everyone; but if one day bitcoin can gain the recognition that paper money does Only then can no one be left out
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disconnectme
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September 04, 2019, 01:54:37 PM |
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As we have seen recently Bitcoin narrative has changed more to a Store of Value which I think makes sense, the 21 million number of BTC is a plus and minus to it, in terms of inflation good but interms of medium of exchange not so good, most people want to hold a whole sum not 0.1BTC, I could recollect when I introduce Crypto to people, they prefer to go for Ethereum to BTC because they wan to own 1 Ether to 0.1 BTC
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Ararbermas
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September 04, 2019, 01:56:56 PM |
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Actually bitcoin is so popular around the world and the adaption keep increasing time on time ..but the big problem here is the people who use it. What i mean those who used bitcoin to make crime and to sustain their bad habits.. Reason some governments realy hate bitcoin and other cryptocurrency..for me in my view if bitcoin have no bad side for sure bitcoin now replace all the fiat because of the potential itself and the records which is there's no other can break.
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ethereumhunter
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September 04, 2019, 02:17:56 PM |
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As long as we can spread bitcoin to the public and introduce to them, it doesn't need too long to see bitcoin will be accepted and use for the payment transaction. We don't know the accurate time when it will happen, but we have the power to let the public know what bitcoin and cryptocurrency is. So far, they only know about cryptocurrency from one side, and many of them are not searching for more details about cryptocurrency. If they can learn more about bitcoin, I am sure that in the future, many people will join in the cryptocurrency.
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slashz9
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September 04, 2019, 02:41:28 PM |
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for now i dont think it, in my country crypto still neutral, not ilegal but can circulate. for everyone use bitcoin i think that need a long time maybe 5-10 years again all people know about bitcoin. so for now i enjoy bitcoin for get income/earning from trading or investing.
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rincoeng1986
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September 04, 2019, 03:00:10 PM |
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for now i dont think it, in my country crypto still neutral, not ilegal but can circulate. for everyone use bitcoin i think that need a long time maybe 5-10 years again all people know about bitcoin. so for now i enjoy bitcoin for get income/earning from trading or investing.
what is happening in your country, is almost the same as what is in my country today, where the government has not legalized bitcoin because at this time, but in this case our government also does not forbid to make bitcoin only an investment asset so that its use not allowed as a means of payment.
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Bonwin
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September 04, 2019, 05:38:02 PM |
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It's long we have been talking about the mass adoption of not just bitcoin, but cryptocurrency in entirety. It is good that some countries and organizations have started adopting block chain. It seems they are more interested in block chain, than in bitcoin or any other cryptocurrency. Which is why the acceptance of bitcoin might take a long time. Although, I believe that it will one day come to pass.
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electronicash
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September 04, 2019, 05:59:47 PM |
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Five to ten years are needed to get mass adopted and I hope it won't be BTC. We need something more progressive to achieve mass adoption and it definitely will not be a coin with 7 TPS. More likely: LTC, ETH or BCH.
it only needs more countries in the brink of madness like Venezuela for its adoption to be widely spread. Hongkong is the next lol if the protest in hongkong died out, we may not see adoption of BTC or crypto there. Hongkong is a finance district and once there will be adoption there BTC will definitely rise. It won't take 5-10 years anymore/
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poornamelessme
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September 04, 2019, 06:05:09 PM |
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Christian Dekker: “I think that everyone will use bitcoin in one form or another. I’m not sure in what form this will happen, whether each person will have their own wallet or bitcoin will be part of some other mechanism in the hidden form "However, this is a very important tool, and people will use it."
What do you think guys? how many years do we need for all people using BTC?
I don't think BTC will ever catch on as an actual currency, used by everyone. It may catch on as a currency in countries with hyper-inflation, but even there they probably are better off using a different coin. Where BTC will hopefully catch on is as a store of value, like gold. Now gold in theory can be exchanged for goods, but it's not like folks are going to their local starbucks and buying a cup of coffee with a sliver of gold. BTC is too volatile (and currently way too slow/clunky) to be used as a currency for most people, and I don't see that changing much in the future. For crypto to catch on as a currency, I believe it needs to be some sort of stablecoin.
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[btc]YSG
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September 04, 2019, 07:24:28 PM |
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Christian Dekker: “I think that everyone will use bitcoin in one form or another. I’m not sure in what form this will happen, whether each person will have their own wallet or bitcoin will be part of some other mechanism in the hidden form "However, this is a very important tool, and people will use it."
What do you think guys? how many years do we need for all people using BTC?
The amount of mass adoption Bitcoin has gotten, or it's current market capitalization is very much beyond what even Satoshi could have anticipated to happen after just 10 years. I believe is on the right path, and a fews years time from now it's going to be even better.
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PuertoLibre
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September 04, 2019, 07:40:09 PM Last edit: September 05, 2019, 04:11:54 AM by PuertoLibre |
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Christian Dekker: “I think that everyone will use bitcoin in one form or another. I’m not sure in what form this will happen, whether each person will have their own wallet or bitcoin will be part of some other mechanism in the hidden form "However, this is a very important tool, and people will use it."
What do you think guys? how many years do we need for all people using BTC?
The mass adoption is generally required for reaching the trillion-dollar crypto marketcap but the timing is not clear in the minds. As expected the new crypto projects have a goal to solve the real industry problems with the efficient problems and this can be a start line for the increasing awareness regarding the use case of cryptocurrencies. If the demand falls by the real people and small part of the world population have an idea what is Bitcoin, talking about the mass adoption is early. Real projects have a goal for the next 20 years and expecting the sooner results will be childish at this point.
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ATSgrowth
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September 04, 2019, 07:45:01 PM |
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Actually bitcoin is so popular around the world and the adaption keep increasing time on time ..but the big problem here is the people who use it. What i mean those who used bitcoin to make crime and to sustain their bad habits.. Reason some governments realy hate bitcoin and other cryptocurrency..for me in my view if bitcoin have no bad side for sure bitcoin now replace all the fiat because of the potential itself and the records which is there's no other can break.
You speak as a person who doesnt know anything about cryptocurrencies, just like U.S. members of the government. Did you know which currency is the most used by criminals? Not Bitcoin! But American Dollar!
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usekevin
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September 04, 2019, 07:49:14 PM Last edit: September 05, 2019, 08:07:18 AM by usekevin |
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Christian Dekker: “I think that everyone will use bitcoin in one form or another. I’m not sure in what form this will happen, whether each person will have their own wallet or bitcoin will be part of some other mechanism in the hidden form "However, this is a very important tool, and people will use it."
What do you think guys? how many years do we need for all people using BTC?
Actually we can't predict this one more accurately .Mass adoption of bitcoin is taking place over a long period. But based on adoption, only the price of bitcoin increase and the 100% adoption of bitcoin is almost not possible .Actually it's a difficult task ,since some country doesn't accepted btcoin as a legal tender.
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Shallow
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SmartFi - EARN, LEND & TRADE
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September 04, 2019, 07:50:29 PM |
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No one can really answer that question because no one knows tomorrow or can see the future. However, in my own opinion I think it will take time for mass adoption of Bitcoin to take place owing to the increasing number of projects of which many aren't useful or have anything to offer. With this increasing number of projects leads to many distractions in the crypto space of which many see altcoins as a means to quick cash out. Nevertheless, I believe that as most platforms are now incorporating Bitcoin into their platform mass adoption is certain but no one knows when.
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Nasonn
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September 04, 2019, 07:52:52 PM |
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Not everyone will use Bitcoin but if the majority of the world population adopts it we can then bodly say mass adoption has taken place. Think about the remotest parts of the world, those who are Conservative about cryptocurrency and blockchain I'm sure they won't adopt it.
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hahay
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September 04, 2019, 07:56:59 PM |
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Actually bitcoin is so popular around the world and the adaption keep increasing time on time ..but the big problem here is the people who use it. What i mean those who used bitcoin to make crime and to sustain their bad habits.. Reason some governments realy hate bitcoin and other cryptocurrency..for me in my view if bitcoin have no bad side for sure bitcoin now replace all the fiat because of the potential itself and the records which is there's no other can break.
You speak as a person who doesnt know anything about cryptocurrencies, just like U.S. members of the government. Did you know which currency is the most used by criminals? Not Bitcoin! But American Dollar! After all, every currency has at least an important role in many crimes and does not fully exist in bitcoin, so I don't think there is any assumption that bitcoin is used for crime, because if we only look at it at least we only see it on one side. Mass adoption continues to make cryptocurrency a digital currency that has many benefits, of course in the economic space.
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