Post
Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
KennyR
on 03/05/2017, 06:54:42 UTC
The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .

Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.

The acceptance is possible but not in 12years time.

This requires much more years. Bitcoin is not the first year there, and during this time, many have not even heard of it.

Yes, 5 years is not yet enough for all of the people around the globe to notice this coin, it really takes time especially it is a bit hard to figure out and to understand to.
We need now to spread it so it will be popularize by people.
Bitcoin is already popular but only for people who love to be in the online world, there is not use to educate some people
who are not interested with transacting online. I think bitcoin will be popular but not as popular as what we think, I don't see for a reason
that majority of the worlds population will adopt.
There is no strong reason or need to get used by most of the world population by the year 2022. Already the traditional banking system has given them all that they expect and as an evolution people who are much into internet activities actively use bitcoin. Another possibility is that same as Japan if few more Countries legalize bitcoin use more awareness will be there.