Will Bitcoin ever become a widely adopted global payment solution?

[kotajikikox]

Okay, let's take a look at how the market changes from $0 to $30k price. From a single user to now at millions of who adopts the market.

Common man , it is 60k first before falling to 30k back again 

We are apparently moving continuously, it wasn't so fast to see the increase of Bitcoin users but as we can see, we are improving little by little and from that number, we possibly multiply it several times in the future.

10 years passed and we had reached a thousand multiple growth , so what about in the next more 10 years? at least a Million multiplier?

and this is not impossible as what we have already seen in the past.

And to be considered as a global payment system, not too far from possibility as the chance is not 0%. We can't tell when nor we can say it won't. We can just find it out in the future.

and that is why Market is healthy because there are no permanent things in the market but only Changes .

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[Kong Hey Pakboy]

Yes because that's the one true goal of bitcoin in the first place, to be a payment option that removes third-party to decrease payment and provide privacy to online channels. It will probably take a long time before it can be realized though because countries are still on the fence on what to do with cryptocurrencies which is a good thing for the people because most of them won't be taxed for earning in cryptocurrency.

[Charot12345]

To be a widely adopted medium of exchange and global payment solution is very possible. Because it is starting to happen now. And the number of people who are adopting it and using it was increasing.
But I think it will not going to be the main and only medium of exchange globally. Though many countries adopted it but there are still some countries who didn't. Some ban it and the other still have no idea how it works due to a lack of information and resources. And also its volatility can make it hard to adapt easily.

[mrongos]

will bitcoin become a global payment solution that is widely adopted,?? in my opinion this is no longer in doubt, actually it is in the process, to go to global payments that is widely adopted, we are just waiting for when it will happen, if we see development of bitcoin, we can say in the next few years all of that will become a reality...

[romero121]

Bitcoin got into existence as a alternate payment processor, but when time passed it gained importance on multiple needs. At the beginning due to its anonymity it got much used on illegal needs. Later its increased usage is found on the gambling platforms.

At one point it experienced a massive transition from these levels of usage to a trading asset and as an investment. All this has made bitcoin a much praised investment than a payment gateway. With time we can see increasing usage and level of acceptance. Maybe by that time it can get importance as widely adopted global payment solution.

[CLS63]

It would be too optimistic to say that Bitcoin is going to be the global payment solution. Bitcoin has a big hindrance in front of it. And that is volatility. As long as the cryptocurrencies are volatile, neither Bitcoin nor the other cryptocurrencies can be the global currency. Jusk ask governments whether they would even think of making Bitcoin their main currency. Most of them would say no. Because they wouldn't trust a currency whose value is fluctuating all the time. If we talked about stablecoins, I would say that they had more chance than Bitcoin to achieve it.