Bitcoin Forum

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

Many online stores and businesses were start accepting bitcoins as payment for buying goods or rendering services. Please check the sites cheapair.com, bitrefill.com, purse.io and etc. These kind of many sites are there in online you could find when browsing it. Offline stores, I don't think anyone accepting in offline stores. It need to be initialize everywhere.

Bitcoin was created to give financial freedom or to start p2p (peer to peer) payment gateway with very low fee and without any central body to process, block, investigate the transaction. Privacy on paying online is the main feature bitcoin have so it is built to giva a way for the people to spend their money whenever and wherever they want to spend it.  ;)

Bitcoin was meant to be a censorship resistant, decentralized, value transfer network. I means we could take the banks out of the whole process and we could live our lives in freedom from the banks. Does that also mean we could use it for buying and selling regular stuff? Sure it can but there are complications. It is slow and it takes a little learning process to use properly. But I know where it can be used well and where the people are using it in the proper way. The Dark Markets. Those markets are online and they are very inefficient and Bitcoin is filling the cracks very well.

What do you see when you look at bitcoin and it's network and the community behind it? what is bitcoin for anyone really? it's not like we could say God created human kind for something other than being human, I'm not comparing Satoshi to God though.

Community in bitcoin, including Satoshi enlightened clear at beginning of bitcoin formed, they consider bitcoin has a value that can be mined by anyone without government interference, and if everyone has the same right means it will have economic value in future.

Satoshi is not a god, he is symbol of economic freedom of the world, if indeed he is a recognizable identity, then he is entitled to enter ranks of most influential people in the world today. Bitcoin was created by an independent community, until now there is no organization that claims to be the creator of bitcoin, including Illuminati, government, and even terrorists.

I don't think Bitcoin was designed for every one daily use, I know Satoshi designed to show that they is a way to get out of the rigged financial system we are in and it has proved through. It would be good for anyone to use it for daily transaction but with the increase in transaction fee  and congested transaction for me I don't think that would happen that is why most of use see Bitcoin now as an asset rather than currency 

well from the beginning (as you can also see in the bitcoin white paper) bitcoin is called a digital peer to peer cash. so it was meant to be used as a currency and as a decentralized one without any central authority like banks.

also in the beginning there were no limitation on block size. which means bitcoin could potentially handle limitless number of transactions but there limit of 1 MB was put there to prevent spam attacks.
but in my opinion this doesn't mean bitcoin was supposed to be used to buy groceries! you can use fiat for that.

If you would able to read the whitepaper of bitcoin you will definitely answer your own question which is bitcoin being created for making peer to peer transactions without any 3rd party involved.Which means this could really be used by anybody.

I agree on this one because i am able to read the whitepaper of bitcoin on which satoshi wrote about bitcoins creation and speaking of this one people would definitely use it and as we saw on the progress of bitcoins usage it extent to the points on where its already being used on many services.

Bitcoin was design to give you and I freedom from the financial system that has been rigged to favour the selected few, with Bitcoin, you are your own bank

You are right you would be your own bank since you do have the full control of your bitcoin or money and thats the thing why many people tend to use it not only on having full control but on money transfers it does require too less fee compared on casual money remitances.

Whether bitcoin use would become widespread we can never tell but people surely are taking notice of some benefits when compared to how thing are traditionally done. One niche where bitcoin shines would be foreign remittance. Even with the problem of possible increasing transaction time and fees, it's still cheaper and faster than sending through remittance companies or banks. And speaking of banks, I'm expecting it could spread through Africa. The countries there are known for leapfrogging techs, since many people there are unbanked, bitcoin might come to fill the gap there. All you'd need is a phone with internet connection and you're good to go. Even before bitcoin, they've been using mobile for sending money.

Bitcoin's exit aim was to replace existing payment systems. Everyone can control their own money. For me, that's the reason. But over time it was discovered in other positive features.

Bitcoin was just design as payment system, it's not a currency as it will never be considered as one in the eyes of the government. As payment system, we rely solely on fiat to determine it's value and with it's system that could give us fast and cheap transaction, it would help the humanity who would adopt to get the experience of convenience and cheap transaction fee.

The investment side is just an extra since it's based on a limited supply, we can take advantage of the huge demand in the future if we will invest now.

yeah I think the main reason of creating Bitcoin is that to make it easy for online shopping. You don't have to exchange your fait money all the time you need for online shopping. You just have your Bitcoin in your wallet. You can use it for online shopping which makes things easier.

I think the cause of creating bitcoin is Satoshi Nakamoto want a new type of currency which is reliable and it is very easy to use and also have a great foundation and value and now, his creation is being noticed everywhere by internet geeks because it is all in one package, Secure,Stable and also Profitable and i think that is why bitcoin is created because it is all about trying something new.

maybe you should find out where the cause appears Bitcoin, which is when the global economic crisis occurs, people have created Bitcoin to put a large amount of assets into it. thus, they were able to minimize the extent of the financial damage. and since then, Bitcoin is known as the king of the virtual currency. Putting it in everyday life is just a matter of time. it will definitely happen

Indeed it can be use by just common people but the number of people using it doesn't surpass people who does not use or know bitcoin, and I think there are certain sites that lets you buy goods using bitcoin and on physical stores there are certainly a few and mostly in the USA or china that has a high percentage on people using and knowing bitcoin, and your last question I think bitcoin is not really intended to be this big, but bitcoin just like other currency that utilizes in transaction payments it is a peer to peer transaction or payment and a freedom for users that enjoys it.

Bitcoin is really just the reward for the hard work done by the miners. It became so valuable because of that.
So the real cause here is the miners work to make transactions complete and the anonymity and security of our transactions.
That is how valuable bitcoin is and I think it is just right to make it expensive for without them there would be nothing to talk by now.
The sad thing is, it is being used illegally and that will be a problem if it continues.

To get a currency giving more advantages to the users innstead authorities controling it...
When you make a cheque from your Bank and going to another, it will take most of the time several days for which this is credited to the recipient's account, simply because the Bank that receives cannot be certain that the funds exist. International transfers are also relatively slow to run.
A bitcoin transaction is generally much faster. A transaction can be instant.
Another point, It's cheap. At argument you might answer the credit card transactions is also instant. It's true, but the Merchant pay for this advantage. Some merchants will pass the price reduction ton uou, since they must be charged of this overhead to their bank. Bitcoin transaction fees are very low

Bitcoin was basically made to be a peer to peer system without any authority such as bank being involved. Bitcoin was meant to be used like any other currency, but it took a different approach than fiat. So yes it can be used for everyday shopping but we are still far from it maybe in few years if the bitcoin popularity increases you would see your local shopkeeper accepting bitcoin.

The features bitcoin have explains the actual reason itself;
1. Anonymous transaction - for personal privacy
2. <1% miners fee - for cheap international payment
3. Irreversible transaction - no chargeback issues
4. Decentralized - you will have full control over your money
5. Encrypted - Most secure way to store your money

I didn't know what is in the mind of a cryptographer called " satoshi Nakamoto before creating bitcoin but from it nature we can easily understand what he has in mind. Bitcoin is a decentralized currency, it's not subject to conventional currencies, no government can control it, it's not subject to Government regulations authority such as bank and others financial regulatory authority.

What are you talking about? How you think Charlie Shrem got into prison? There are also other same cases reported where the judge has declared Bitcoin as a currency and charged the people involved with running an unlicensed money transmitting service. I know the legal definition of Bitcoin is still open but saying it will never be considered as a currency is wrong.

I agree. Now about the second question, "for whom?" Was it really meant for a common man too? Or just for the people with lot money and who don't want to pay taxes or involve a third party or even don't want to let anyone( or government) know about the sources or amount of their income etc.
Who knows Satoshi could be hired by a drug lord or a mafia king to make this and everything what we see is just only what they want us to see.

I guess, bitcoin is meant for those who access internet business and made for those people who really transact or purchase something or whatever they need through web.
This bitcoin made to make our life easy, no hard thing to do with money matter or transaction and for sure this one was made to decentralize and security purposes for big money holders.

Are you really serious with that thought? I could accept that it could be created by someone in the NSA, CIA or DARPA but drug lords and the mafia? There is too much harebrained thinking in your comment. For you, did it come to mind that the main reason for the creation of Bitcoin was to disrupt the banking system and not to hide wealth from the government?

I guess it was only meant to be used for trading digital goods in the first years of its existence and later on it became very popular so that the idea of using for buying real goods as well came out maybe it was actually created in order to trade conveniently and somehow reduce so much time on processing a transactions and just like what I've said probably it was made for people who used to trade digital goods online .

Bitcoin is a relatively new form of currency which was mainly created for peer-to-peer and transactions take place between users directly, without an intermediary. Yes, its a fast transaction method compared to bank and international wired transactions. I guess Gold is considered to be a must have precious metal/commodity. I believe Bitcoin will be a hit too.

bitcoin is both a currency and a tool for speculation or store of wealth if you prefer, to make it more of a currency you need first to increase adoption but by increasing adoption you are increasing the value

therefore right now bitcoin is more for speculation, until proper value is reached to be used as a currency, another thing is that with a very low value you can't really use bitcoin as acurrency

because you need to acquire many of them to do a purchase and we know that bitcoin is limited, thereby i believe the value is currently limiting the usage of bitcoin

I think bitcoin is not really made or launched for that purposed to be a payment methods on some shops.The main reason bitcoin is launch and made is for the creator and developers to earn and make money online and not intended to be one of the main currencies around the world.so for me i think its not

I would guess Satoshi's goal for Bitcoin was to be a Peer-to-Peer Electronic Cash System, like the whitepaper stipulates. People then started to trade with it as a commodity and use it for other purposes and it evolved from a Peer-to-Peer Electronic Cash System, to something with many other applications.

So let's not force Bitcoin into one box, if it is possible to fit it into many boxes. ^smile^

The cause for making the Bitcoin was that you can transfer money anonymously.
And the Bitcoin was meant for everyone that wants to use it.

From the what I have read and even following how events have unfolded, I have a believe that bitcoin was intended to function as a currency and because of the issues that arises with that, thats why people start having a doubt concerning the subject matter. In the early years of bitcoin, I have read how a large number of coins will only be worthwhile to buy a pizza but same is not happening today. So if that can happen in the early years, then there is no doubt that the use of bitcoin as a currency has been even before this time.

If you can accept NSA, CIA or DARPA why not a person with billions to hide from the government and make transactions freely as well? Won't this theory make more sense?

Are you trying to tell everybody that Bitcoin is like an altcoin and therefore a ponzi scheme? I know you can think of an argument in saying that Satoshi has a large amount of mined coins before the network became popular so he might have some intention of becoming rich. But the developers, can you tell us the process how they make and earn money with their contributions? 

Not every store accepts it but a lot more of them are starting to accept it which I find interesting. I never thought it would make it this far but it has and shocked me indeed.

I wish Satoshi shared his goal of creating a bitcoin. We are making comments based on the results that bitcoin created. Satoshi may not have thought about these things. The aim was to create a digital money that was easy to use. But in time, he may have created effects that he can not even think of.

Well we can never tell what is he thinking right now, but I am very thankful to him and we are all very lucky in experiencing this kind of opportunity of having and knowing bitcoins was one of the best experience I ever had that is why I am very thankful to him, and we all should be thankful if he doesn't share to anyone what his goals with bitcoin I think he had something important to do than getting involve and show himself to the public.

as I know, initially, when the economic crisis took place, and on a pole. currency depreciated a lot, so, a few people got together research and put forward the idea of Bitcoin. which here is seen as a convertible currency to keep the value of real money in that time, the aim is to minimize the damage from the global economic crisis. That is the information I know. That is the cause appeared Bitcoin

The founder of bitcoin is satoshi nakamoto , His motive to make Bitcoin was not to spread his network of bitcoin all over the world through internet .
Actually satoshi wants to show his talent of programming , He wants show that he can make a better banking system in the world which is much powerful and trusted in comparison of the traditional banking program of the whole world .Finally he proves his best and proved that bitcoin is a more big thing in the bitcoin network which is more time powerful and trusted than bank .

Bitcoin was made to be used by people here online as a virtual money, without being manipulated by the Government since they are stealing our money, I mean some of them are stealing our money secretly, so that is why bitcoin was invented by Satoshi Nakamoto. Making the bitcoin as a decentralized coin and everyone can use it, is one of the great reason why we love using it.

And since bitcoin is already popular all over the world, we, all the bitcoin users are just waiting for the Government to accept this coin as a payment for every transaction that we are going to make in our everyday living, though in my opinion, it would not worth it if we are going to use bitcoin on our daily basis, because bitcoins price is always fluctuating and nowadays it never gets low on $1000.

So my point is, if we are going to use it everyday, we are like wasting the profit that we could earn out of it every time that its price would go up higher than its price before, so, it would be wise if we are going to convert it in fiat first in order to not lose any profit that we could have on bitcoin.

It was sort of like that - it was the idea of a decentralised currency, one which didn't have to go through the Government and which is given value by the people who use it.  It's also great because you don't need to give any private details to send Bitcoin to people over the Internet and therefore it's anonymous (not fully but to some extent).

Unfortunately due to block size issues etc Bitcoin is becoming very inconvenient for people to use in everyday or casual transactions - using my Blockchain wallet, I raised the transaction fee from their default but my small transaction has 0 confirmations after over an hour.

When I read your title I thought you were seriously speaking about a cause, but this is again a thread questioning the way Bitcoin can be used. Look op Bitcoin was created as a currency that was meant to be decentralised and since it's a currency and it can be used any way the people want it, so there no need to find the way it was for or what people can or should do. This is a free currency and it can be used freely so no need to tell people what to do, cause they will do what they wish to do. I feel you should have made a thread to find ways how to spread Bitcoin in the outside world. Especially when plain words are failing to spread the word.

Well, it is a currency, like any other so I guess it was made for spending. Sure, it has a moving price and it can cost 10$ or 1000$, but it does not change the fact that it is a currency, not only an investment. It isn't safe to use because of the price, but you can also use that to pay less.

Bitcoin is to buy anything you want. We aren't doing this now for two reasons: few stores accept it as payment and it's not a smart idea to use bitcoin as currency now, as the price is increasing even more, if we spend it, we won't make profit by holding.
In the future, when the price become stable we will use it as normal currency like any other. Until there we will just hold it and use rarely to pay for some stuff and online services.

Being a full member you should actually know this by now. But since you just ask...
Bitcoin was created to be decentralized and not having to rely on anything or anyone on a trustless network. Noone owns it. Noone owns your wallet it's fully in your control unlike a bank where your money is in there accounts and they use it to make a crap ton with investments.

I think Bitcoin was created to escape from the grasp and control of the financial institution.  The feature of being decentralized showing us that each one can use a currency that is out of control of the established financial institution.  To show the world that people does not need bank to asses them in transfering money or purchasing online.

The Internet has revolutionized the Internet for the first time when it is opened to the use of ordinary people.
Bitcoin is also doing the same revolution. So innovations that have brought in payment systems are as exciting as the first appearance of the internet.

Bitcoin was created so that everyone could move away from fiat and banks and instead use a decentralized currency that is completely anonymous. Some might say that it is a pyramid or ponzi scheme, but it definitely is not. I think that it is has definitely done it's job, to a certain extent, because a lot of people are now using it online as their main form of currency instead of fiat. Bitcoin is made for everyone to use, if you are smart enough to invest into it, then you should definitely use it.

Well the main center really was the internet and I think if it is not because of the internet bitcoin would not really possible and we are in the age of the Online world right now and it is really convenient for us in the bitcoin community and if the internet would be gone so does bitcoin!