If bitcoin ever goes mainstream

[electronicfactura]

Bitcoin will go mainstream surely as the change has already begun.We can not just see the speed of change it is much more faster than we imagine.It is inevitable now as lot of the water has flown under the bridges.Governments as well as bankers are failed to stop Bitcoin in last couple of years.A totally new era of financial freedom and privacy is to come soon.

[Trading]

At a meeting of Commonwealth central bankers, "some governors at the meeting raised questions "about the implications for monetary policy and financial stability"" of Bitcoin and other digital currencies.

https://www.coindesk.com/commonwealth-central-bankers-raise-bitcoin-policy-questions/

[M83]

Bitcoin will go mainstream surely as the change has already begun.We can not just see the speed of change it is much more faster than we imagine.It is inevitable now as lot of the water has flown under the bridges.Governments as well as bankers are failed to stop Bitcoin in last couple of years.A totally new era of financial freedom and privacy is to come soon.

I don't think there's anything guaranteeing mass mainstream adoption. Sure it might and it it does go there it will take several years but part of me just thinks most of the general public just has no need or desire to use bitcoin so the mainstream will largely avoid it. I thiunk it will still have its niche uses online and in some industries but will remain relatively underground still. I hope to be wrong though.

[Operand]

Bitcoin will go mainstream surely as the change has already begun.We can not just see the speed of change it is much more faster than we imagine.It is inevitable now as lot of the water has flown under the bridges.Governments as well as bankers are failed to stop Bitcoin in last couple of years.A totally new era of financial freedom and privacy is to come soon.

Totally agreeable although there is nobody stopping anybody from scare mongering with the kind of dark services that can be purchased with BTC. Despite this, I do think that BTC could potentially go mainstream but this is ultimately dependent on the faith of the general public in it. Personally I feel like not enough people are aware of this financial freedom that can be easily achieved.

[suda123]

Bitcoin will go mainstream surely as the change has already begun.We can not just see the speed of change it is much more faster than we imagine.It is inevitable now as lot of the water has flown under the bridges.Governments as well as bankers are failed to stop Bitcoin in last couple of years.A totally new era of financial freedom and privacy is to come soon.

Look at the number of banks closing down.

[Djisamsoe]

i hope someday it will happen,bitcoin very mainstream and popular,the future payment must be like this,simple and fast.

[Trading]

     One shouldn't confuse his subjective desires with reality. As someone wrote, Reality is that which, when you stop believing in it, doesn't go away. Or, reality is what doesn't go away when we wakeup from our dreams or illusions. Of course, the major problem is that many times people only realise how far their reality is from the real reality when the second hits them on the head.

     Clearly, since the top of November 2013/January 2014 (in price and euphoria), bitcoin lost some users and interest (https://www.google.com/trends/explore#q=bitcoin), but slowly it has been gaining investors and retailers (https://www.coindesk.com/state-bitcoin-2015-ecosystem-grows-despite-price-decline/). Therefore, even on a depressive context, things are improving.

     But a real success of bitcoin (like the one described on the OP) will depend (and will aggravate) also on the insuccess on some degree of fiat (inflation, financial crises). And that can hurt many people, including people we love. That the desires of some bitcoiners can't affect reality might not be that bad.

     A situation where bitcoin take the place of processors like paypal, a part of the share of credit cards on Internet shopping and reaches 2 to 3% of world population might be the ideal goal. But as it reaches this goal, its price would surge so high that this would attract more and more people...

[Amph]

i hope someday it will happen,bitcoin very mainstream and popular,the future payment must be like this,simple and fast.

well then you should hope for regulation all around the world, because average joe will not use an unregulated thing for their serious daily stuff

but regulation go against decentralization, it's a tricky situation...

[Betwrong]

Bitcoin will go mainstream surely as the change has already begun.We can not just see the speed of change it is much more faster than we imagine.It is inevitable now as lot of the water has flown under the bridges.Governments as well as bankers are failed to stop Bitcoin in last couple of years.A totally new era of financial freedom and privacy is to come soon.

I don't think there's anything guaranteeing mass mainstream adoption. Sure it might and it it does go there it will take several years but part of me just thinks most of the general public just has no need or desire to use bitcoin so the mainstream will largely avoid it. I thiunk it will still have its niche uses online and in some industries but will remain relatively underground still. I hope to be wrong though.

You are right so far, but I hope this situation will change soon for better (and I think that part of you has the same hope  ).

Mostly people don't want to use BTC because they don't know whether it's relible and they don't have time to explore the subject more. Things that come to mind when they hear the word "Bitcoin" are: Silk Road, MtGox's collapse and other negative things unfortunately. As soon as BTC starts receiving positive publicity the mainstream adoption will rise exponentially.

[Mickeyb]

i hope someday it will happen,bitcoin very mainstream and popular,the future payment must be like this,simple and fast.

well then you should hope for regulation all around the world, because average joe will not use an unregulated thing for their seriousdaily stuff

but regulation go against decentralization, it's a tricky situation...

That's why we need a modest regulation that will find balance between decentralization and complete regulation on the other side.

Granted, it seems to me that Bitcoin will always offer ways to their users to avoid this regulation to some content. Look at the US at the moment. You can buy bitcoins from Coinbase for example and reveal all of your personal informations, but on the other side if you are capable enough, you can find ways to buy bitcoins while not revealing your sensitive personal info.

That's what I like about Bitcoin.

[lister storm]

well Bitcoin is a revolutionary technology, but not every revolutionary technology or idea or concept has been accepted and become mainstream or mass adopted

[Denker]

i hope someday it will happen,bitcoin very mainstream and popular,the future payment must be like this,simple and fast.

well then you should hope for regulation all around the world, because average joe will not use an unregulated thing for their seriousdaily stuff

but regulation go against decentralization, it's a tricky situation...

That's why we need a modest regulation that will find balance between decentralization and complete regulation on the other side.

Granted, it seems to me that Bitcoin will always offer ways to their users to avoid this regulation to some content. Look at the US at the moment. You can buy bitcoins from Coinbase for example and reveal all of your personal informations, but on the other side if you are capable enough, you can find ways to buy bitcoins while not revealing your sensitive personal info.

That's what I like about Bitcoin.

That's it! With Bitcoin we have a choice!
And with decentralized market places and exchanges we will have even more choice!

[RyanX]

I would say it's already gone mainstream.   

Of course there's huge room for more adoption, and it's not as mainstream as say people having a debit card or phone in their pocket.

I'm excited about the future of bitcoin and or cryptocurrencies.

No yet main stream. When 1% world population know about bitcoin, it is in mainstream.

[John_Dave]

Looking forward to being able to pay by bitcoins on a daily basis (groceries, cafes, petrol, etc...)

[Amph]

I would say it's already gone mainstream.   

Of course there's huge room for more adoption, and it's not as mainstream as say people having a debit card or phone in their pocket.

I'm excited about the future of bitcoin and or cryptocurrencies.

No yet main stream. When 1% world population know about bitcoin, it is in mainstream.

i'm sure we need more than 30M people, be aware that you should not count 7B people as the whole population, becasue there are many new born children, people without even internet like those in africa, etc...

so counting half of that elad us to 30M with what you are saying, which i think it's too low of a number...

[confirmation120]

Would be great to see it above 1k again,,good times

[QUEDOS]

If bitcoin ever goes mainstream it will surely ruin the lifes of all the ones invested in fiat (see https://bitcointalk.org/index.php?topic=180798.0). Gresham's Law will destroy their fiat savings, since everyone will want the stronger bitcoin and will dump fiat, devaluating it. We'll see it happen first in the troubled economies, with high inflation and generalized suspicion on governmental money because of past problems.

The lives of those heavily invested in fiat is already being ruined due to 0% interest rates, negative interest rates in denmark and switzerland and a whole host of other things

A mere 0.5% rate hike in the US will totally obliterate pension funds, life savings and investments held by 90% of the country

[bitsat alien]

The major barrier is people. I go out and talk to people about Bitcoin, to try and get them to accept it

[RyanX]

If bitcoin ever goes mainstream it will surely ruin the lifes of all the ones invested in fiat (see https://bitcointalk.org/index.php?topic=180798.0). Gresham's Law will destroy their fiat savings, since everyone will want the stronger bitcoin and will dump fiat, devaluating it. We'll see it happen first in the troubled economies, with high inflation and generalized suspicion on governmental money because of past problems.

The lives of those heavily invested in fiat is already being ruined due to 0% interest rates, negative interest rates in denmark and switzerland and a whole host of other things

A mere 0.5% rate hike in the US will totally obliterate pension funds, life savings and investments held by 90% of the country

0.5% rate hike is more than 100% rise in percentage terms. Many borrower will not be able to afford it.

[Xenoph0bia]

I think bitcoin is not ready to use globally as a mainstream currency. I think that a if the bitcoins rises as a strong mainstream currency then it has the capacity to shut down the other companies like paypal, visa and mastercard. But it is possible only if most of the countries start recognizing and regulating bictoins otherwise its not possible.