grosminer
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September 04, 2019, 07:57:22 PM |
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Right now everyone is not using/owning gold so it's the same for Bitcoin.. Everyone will know about it but i think it's only a minority that will use it
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Hamphser
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September 04, 2019, 09:11:26 PM |
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I can't say how many years yet but there something more important in other countries than adopting bitcoin but sooner or later they will starts to use it as a currency to pay something. People are still in doubt about of investing or using bitcoin since they were too afraid of the volatility of the market that their investments might not gonna come to them again.
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Jenkins33
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September 04, 2019, 10:36:44 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?
Bitcoin is becoming more and more popular in the world, more and more people learn about it every day. However, mass adaptation is not the fame of bitcoin; it is an opportunity to pay with bitcoins in any store or cafe. So far, Bitcoin is still far away.
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mr_random
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September 04, 2019, 11:33:43 PM Last edit: September 05, 2019, 01:53:39 AM by mr_random |
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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?
Bitcoin is becoming more and more popular in the world, more and more people learn about it every day. However, mass adaptation is not the fame of bitcoin; it is an opportunity to pay with bitcoins in any store or cafe. So far, Bitcoin is still far away. The block size problem will not let the Bitcoin holders spend their holdings in coffee shops, restaurants. The Litecoin and Ripple coin suit the payment gateway mode better than Bitcoin transactions. The 25000 transactions per second are quite large to handle the worldwide payments if the post terminals ever accept the Ripple ledger as a payment method. Even Visa and Mastercard companies want to use the advantages of the blockchain technology that can help them to pass the big size transactions faster than traditional methods. Adoption of the faster altcoins will be more accurate idea than the adoption of the only Bitcoin in my opinion.
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rodel caling
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September 04, 2019, 11:50:38 PM |
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What do you think guys? how many years do we need for all people using BTC? [/quote]
The bitcoin mass adoption is continues specially to the young people interesting by the new technology, most of them are came from the information technologies student not possible to discover this new form of money using the technology. So I think 5 to 10 years because the new technology are faster to improve and people are very curious about the development of new technology.
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Iyeman
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September 05, 2019, 12:00:40 AM |
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The problem with adoption is caused in not clearly defined regulations and taxes. Many people do not understand how to pay taxes from cryptocurrencies, so they are afraid of using them. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Exchange sites have already charged with the tax and for me, that's enough. But it's not always caused by the tax regulation, dude. Only a few countries have introduced tax regulation for personal income. But many countries are still sitting in the grey area and that makes the adapters are feeling confused only. tax is not something that makes them all feel worried about that. The ban from the country is a thing that makes them afraid to adopt bitcoin. the regulation doesn't matter a lot in this case as long as it's not declaring to ban bitcoin or crypto.
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glendall
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September 05, 2019, 12:29:03 AM |
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sooner or later I'm always sure of that, big countries will agree with bitcoin and serve as a means of payment, and if that has happened then a small country will follow and eventually the BTC will be adopted en masse.
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maxreish
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September 05, 2019, 06:10:08 AM |
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Somehow it is starting now. The mass adoption we are talking about is already happening. If Christian Dekker said in what form? The form of digital payments, I guess. A powerful tool that will give the economy a convenience in everything. But we are just two steps from the mass adoption since there are still unaware that bitcoin exists or some are still not decided to use and patronize bitcoin. However, the possibility of mass adoption is still very much higher despite of the other government's oppositions.
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judeafante
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September 05, 2019, 06:45:41 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?
it's not going to be too long because we have seen Bitcoin being used in grocery airports, restaurants and there are many ATM in many parts of the world, once the Facebook coin is launched, it's another story or chapter of adoption coming and additional people coming in to use Bitcoin everyday so many great news and it's only a matter of time.
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Kimonoe
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September 05, 2019, 07:27:21 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?
it's not going to be too long because we have seen Bitcoin being used in grocery airports, restaurants and there are many ATM in many parts of the world, once the Facebook coin is launched, it's another story or chapter of adoption coming and additional people coming in to use Bitcoin everyday so many great news and it's only a matter of time. from the many positive news that indeed opens the possibility for bitcoin to rise. and I think if the governments of each country legalize it, the new bitcoiner will multiply, and in every country can use it as a currency without any restrictions. therefore many say that bitcoin is digital gold, it can be imagined if mass adoption occurs throughout the world
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trauchot
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September 05, 2019, 07:45:33 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?
I don’t think that we will see it in the coming years, but I think it will probably be possible in some ten years or maybe more, because now elderly people are almost not interested in advanced technologies and cryptocurrency in general and it will be very difficult to educate such people here and therefore in order for the whole world to switch to Bitcoin and cryptocurrency it will be necessary to educate everyone and it will take a lot of time and of course it is necessary that all countries would recognize Bitcoin.
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pinoy.bolanon
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September 05, 2019, 09:03:54 AM |
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I understand his point of view, but bitcoin is now widely accepted and its a talk of the country already, time after time, it could be used by everyone of us, and i hope those countries that are still hesitant, they could provide legal measures in order to give safety to the countrymen, about awareness of what bitcoin could do in a digital matters.
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digitalblock
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September 05, 2019, 06:31:05 PM |
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Most likely, BTC will remain for all a means of speculation in the market. I don't think more people are willing to risk using technology they don't know. Now a lot of attention to attract a variety stablecoins such as Libra/TRON/MasterCard. It seems to me that people will be more willing to use these coins but not bitcoin. Since in case of a transaction error, they will not be able to do anything.
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jake zyrus
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September 06, 2019, 01:05:35 AM |
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It's hard to predict when. But I think it will take so many years before it will happen (if possible) especially when some governments are still ain't accepting and trying to stop the use of bitcoin in their country. As what I can envision, it's possible when technology is very advance across the world to the point, everything we do needs technology.
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bitbunnny
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September 06, 2019, 07:30:56 AM |
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No matter the governments and regulations I don't think that Bitcoin will ever have real mass adoption. The reason for that is nature of Bitcoin, not equal techical development in different countries and limited supply. With these features I don't think how it's possible to ensure mass adoption all around the world. And it's hard to expect unique attitude of all regulators towards cryptocurrencies.
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Alert31
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September 06, 2019, 07:49:23 AM |
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Mass adoption of bitcoin are keep on increasing as the time goes by,but it is difficult to tell or even to predict when will be bitcoin have a total mass adoption because we know that other country banned it or prohibit to use it. Value of bitcoin keep on increasing too because of limited supply with higher demand but it is not the basis of mass adoption. Also not all people in every country where bitcoin is used and legal knows what is bitcoin and how to use it specially those in old aged which is doesn't know even to use a cellphone and those people in remote areas that has no capability to buy a gadget that they can use for bitcoin. There are so many things that can be a hindrance for bitcoin total adoption. But only time can tell what will be a bitcoin in the future.
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kravas86
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September 06, 2019, 08:37:34 AM |
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In the end, everything will come to this. Bitcoin will be able to upgrade the lighting network and then It will be much easier for people to understand. Once people did not know how to use plastic credit cards but now they are used by the whole world. If people understand that using bitcoin is convenient then progress can go faster.
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nankers
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September 06, 2019, 11:14:22 AM |
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What do you think guys? how many years do we need for all people using BTC?
I think it will take a very long time for Bitcoin to be used by everyone in all countries of the world. my suggest is maybe for the next 20-30 years. indeed there are many surveys that show an increase in bitcoin users each year, but this applies only in developed and developing countries. in fact, in poor countries and some developing countries still prohibit the use and all bitcoin transactions. but I'm sure bitcoin users will increase if the government (a country) plays a role in cryptocurrency
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Kasabus
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September 06, 2019, 12:39:48 PM |
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What do you think guys? how many years do we need for all people using BTC?
I think it will take a very long time for Bitcoin to be used by everyone in all countries of the world. my suggest is maybe for the next 20-30 years. indeed there are many surveys that show an increase in bitcoin users each year, but this applies only in developed and developing countries. in fact, in poor countries and some developing countries still prohibit the use and all bitcoin transactions. but I'm sure bitcoin users will increase if the government (a country) plays a role in cryptocurrency We still have option to use fiat and yet to consider cryptocurrency depending on the areas that are being accepted. Knowing that fact that not all of us are open for crypto nor they appreciate crypto for the best currency to use in an online transaction will be a hindrance for huge market adoption. Mass adoption will always be matter on how we look into it and how we give support for this technology.
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shooleh
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September 06, 2019, 02:05:56 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?
How many years can anyone use Bitcoin? This is an interesting question. Mass adoption is necessary so that cryptocurrencies can be a profitable need. Until now I saw that this Bitcoin has undergone a very good development. My country is still doing research on Bitcoin. But everyone can still do Bitcoin development. So Bitcoin in my own country to be legal, just waiting for time.
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