Post
Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
lionheart78
on 04/11/2016, 02:55:54 UTC
If I must be honest, I do not think that the bitcoin will be used by everyone in 2022, we cannot also not predict this either but its just something that I do not see happening these days.
The bitcoin has a great future a head of course but I do not think that other currency's will me less more used.
I think everyone already knew that it would be difficult for bitcoin users to be able to have everyone in the world, it is very improbable, even fiat takes a long time to be used by everyone, hundreds of years ago

If the bitcoin is used by 10% of the world population, we can regard that as one of the top 5 currency.

You have the point, but I don't think that 10% of the world's population will be able to use bitcoin in 2022. But we can't say what is going to happen exactly, it is still going to depend on how the people will able to see the bitcoins benefits and its price will able to encourage and convince people from using it.

It is true that reaching 10% of the world population as bitcoin users is still a very long way to achieve.  One of the reason is the resource availability and the trust people should put to bitcoin.  I can agree if someone said 10% of world population known bitcoin, but the problem is how many of that 10% are willing to take the risk and adopt bitcoin as one of their trusted currency.  More probably it is less than 30% of the said population.