Post
Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
Corenin
on 05/08/2016, 12:35:00 UTC
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.

It will be used a lot, yes. But not by everyone for sure, because people still will be afraid of bitcoins, not everyone know about bitcoins yet, so it will take more time than that
The major reason is people are afraid of investing their money into it as there are many scammers around  who are constantly busy in running away with the money of people so I don't think it will be used by everyone in future.

i think the volatility aspect of bitcoin and the anti bitcoin campaign from the media has a much greater impact on people as to why they don't want to use bitcoin. also, scammers are everywhere in the world. if you use common sense when doing trades, then you can avoid being scammed. using a really trusted escrow helps to make the chances of getting scammed even lower.

Yeah you need to be proactive to avoid of getting scammed while making an investment, and if you are smart enough and not greedy then no one can scam you for sure.