Post
Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
1Referee
on 20/12/2016, 08:38:01 UTC
Today  bitcoin is already known worldwide. So we dont need 6 years to be able that all people will be using bitcoin.  Were living with  advance technology today, and were still uprading every year. It means that even next year bitcoin will be use by almost everyone.
Yeah already a lot of people have adopted it in the current year and in the nest year the adoption will be more and a lot of companies will also start it which will be on offline world and for 2022 I think we will wait for the government steps for it to adopt it.

If the block size is increased, there will be more people using it.

Bitcoin adoption growth is a very slow process that requires time to build up. I don't really think that a lot people that aren't yet in Bitcoin, are waiting for the moment that the block size gets bumped to 2MB in order to jump into Bitcoin. They could just very well start using Bitcoin right now as they won't experience much of a difference. I don't even think 95% of them are knowing what a block size increase will do. In that regard, I can't see this having a significant impact on the number of people flowing into Bitcoin.