Post
Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
richardsNY
on 13/11/2016, 01:16:40 UTC
Bitcoin will not be used by everyone in 2022 since most people of third world nations dont even know how to operate a computer.Most of them even dont have a bank account.But Bitcoin will be widely used by people all over the world by 2022.
so do you think all the developed nations are well equipped and everyone knows how to operate computers and do you really think that everyone has a bank account ,if so that is just silly ,people mainly use bitcoin to trade and to gamble and the people who are not interested in doing so would never bother about bitcoin.
I think it is really big chance mostly people in the world will use bitcoin. people wants buying or selling practically. bitcoin is very very apropriated for buy or sell some thing in internet. so people do not need buy with credit card they just only newd their smartphone, by scanning code or send via address. it is normal for people to looking some profit, it is proof that bitcoin is awesome thing.

People who are familiar to bitcoins will always prefer to use it for shopping keeping credit cards and fiat behind but the major issue is how to convince people who are not  aware about it and till they are not made aware about bitcoins they will keep on using credit cards for offline as well as online shopping.

Convincing people to use Bitcoin as currency is easier said than done. In order to pull the trigger, they need to see the added value of using Bitcoin as currency for their shoppings. Most well developed countries have more than capable payment systems to make shopping as easy as possible for people. It's very difficult for Bitcoin to gain ground there. Transaction fees of Bitcoin can become a problem for people while they enjoy free transactions through the payment systems in their country. And in order to spend Bitcoin, you need to buy Bitcoin first. All reason enough for people to continue using fiat.