Post
Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
TheUltraElite
on 14/01/2017, 13:18:17 UTC
If Bitcoin will also grow rapidly as it did in 2016, it is likely that in a few years it will be used everywhere.

I agree to that. More and more people are liking the advantages bitcoin has over traditional fiat currency and are accepting it on their business. Moreover many poor countries have been using it and less of fiat. However it does need more acceptance and spreading.

Once the acceptance grows the prices are bound to increase and then traders can happily trade of large volumes as well.
Yes, more people will liking bitcoin. Internet service is really needed in this century. So many business and services are using internet. I am sure that internet usage will be more often. I am sure that bitcoin will get more mass adoption in 2022. Japan will release 5g internet technology soon. I am sure that it will make bitcoin transaction faster than now, so no more complaint about slow transaction of bitcoin. I think bitcoin do not have problem in 2022.

It will be like by many people but let's be realistic with it, though bitcoin will increase its user for this 2017. I don't bet that it will make all the nation and people use it on 2022. Because the world is too wide and we can't guarantee that all the places have internet connection and does have a knowledge with bitcoin.
If the time will come bitcoin will be used by anyone, I do not know anymore how this world would look like. The whole government system will be change because we will be living in decentralized world and everyone has the power to do what he like without restrictions. Does peace still be in that time?

The world will be probably on a fast pace because of this technology of bitcoin every transactions will be automated and our lives will be easier. Don't worry about peace by that time, if we are seeing that everyone is using bitcoin and everyone rumbles because of the crave to have bitcoins. We can just go at the top of the mountain and live there peacefully.

All we can do is wait and watch. The craze for bitcoin has always been increasing and so are prices. Maybe not everyone buy most of the people will learn and transact bitcoin in the next decade.

Not just tech-savvy people but less technical people as well will be using it. The shops and stores are accepting bitcoin and so people are bound to use it gradually.