Bitcoin Forum

Hello,

I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.

I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...

And finally happened what happened, rich got only very small percentage, while others live as they lived before...

What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?

I think the main goal was decentralization, which we are accomplishing nicely.

I think he/she might have suffered  from government, banks and other financial institutions policies in gaining access to he/her own money in the bank. Which might lead him/her to undo them buy creating a decentralized system that is today affecting banks and others

First of all, the idea of bitcoin was to become a currency. Nowadays, everyone perceives it as some magical asset that yields profits out of nowhere. It's sad that people are afraid to spend bitcoins, because "it may be worth more in the future", so they just keep it in their wallets or speculate it on exchanges. I don't see many actual usages of bitcoin, there are not many shops or places where you can use it. Everyone sees bitcoin as successful because of it's price, but in my opinion it fails as a currency. The fees are high and there are no enough places to spend it.

Maybe this sounds strange but I think that Satoshi didn't have so big plans for bitcoin like it has developed now. Probably the idea was to introduce the new technology and some virtual currency in new virtual era, to give people some alternative to traditional fiat currencies and centralized finances. Maybe even Satoshi didn't expected that bitcoin will achieve so big success out of nothing.
But I'm sure he didn't want limit bitcoin just to certain groups of people and that only few profit out of it but things often turn out different than we want them.

Yeah I dont think the main goal was to make the world a more equal place (although it could have been) I too think the main goal was taking power away from a few hands and I think for the most part we have done that.

Sure there are big mining operations ongoing but that doesnt mean the level of decentralization is bad. I feel much more comfortable having my money in bitcoin than I do a traditional bank and that is due to the way the

network is setup. It is very secure and I couldnt envision the future of money any other way now

We are really not there what Mr. Nakamoto wants in our country.But i know time comes if we still support bitcoin in their vision for us to have a better place , not a perfect but a better place for everyone it will surely happen, that is everybody equal there is no poor or rich people, but an equal opportunity for us. If we still work hard for it everyone will surely in a better place and  if we still value what bitcoin can give no one will be hopeless. Every investment we use in bitcoin is worth it as long as you spend it for yours and yours families life in present and in future.

I thought not just that. bitcoin represent a true democrasy in human life With a decentralized system. Imagine,  if all country use the cryptocurrency as their daily currency, imagine the election with a decentralized system. This world could be better than this.


You're wrong dude, satoshi was predict everything from the first time. He create a bitcoin with 21 million limit so the price could keep rising time to time. And althought the price was so damn high,  you could still have it with small quantity, thats why bitcoin could split into 8 digital number.

I would like to correct the very motive of Mr. Nakamoto. He's agenda actually is to provide a society with free transactions. And with Free Transactions I mean transactions that can be anonymous. Aside from that, he's motive is also to provide a currency, a digital currency which is now called cryptocurrencies, that is not regulated by the government. And by the way, Mr. Nakamoto is actually not a single person but a group of people who developed the Bitcoin all together.

Yes we are, everything that he said is for us, Bitcoin is a currency which helps people to escape from poverty where they will meet and realized knowledge and ideas about the society that they live in,moreover it is way that keeps them survive in every day live, the currency which gave them hope, courage to face the reality and education to learn more and help their own fellow human.

I think the primary idea of bitcoin is that there’s a finite amount of btc that will be produced/created and by owning that, you own a portion of this technology that allows you to access the benefits.  ;)

Bitcoin at it's core was intended to be used as a currency which could potentially overthrow fiat. But, at the end of the day even if it doesn't succeed in doing that it still has brought the blockchain which is a revolutionary piece of technology.

I don't think the idea was to take from the rich and give to the poor, or to reduce the gap between rich and poor. The purpose of creating bitcoin, was to create a coin that you be decentralized and thus immune to the government and bank manipulation. Bitcoin emerged at the heart of a financial crisis, so it was a way to create a coin that would give it's users some security from hyperinflation and manipulation. You would no longer need banks to hold your funds, and that would prevent them from using your money to speculate on markets without you even knowing about it. With bitcoin you have complete control over your money, and that's the great thing about BTC.

The primary idea with bitcoin is that  Bitcoin is a currency which helps people to escape from poverty where they will meet and realized knowledge and ideas about the society that they live in, moreover it is way that keeps them survive in every day live, the currency which gave them hope, courage to face the reality and education to learn more and help their own fellow human. Bitcoin has a positive feedbacks.

The main or base idea is worldwide digital crypto currency market can used all over people.  and get more advantages from this. It will be good and better,  as like to see the current world. Now people are smart generation and make all over from online based.

complete decentralization of the assets

Probably the main purpose of bitcoin is to make us independent of government. We are earning a living and are not dependent on Fiat. If this is the ideal scenario. I hope that soon there will be the option to pay in bitcoins when shopping in any online store. This will minimize the need to use Fiat.

Yes, the whole 'no banks needed' idea is pure gold.  But the question was
about satoshi's intent, and I'm not sure if even the old timers from 2009 could
answer that with any degree of accuracy.  I think satoshi doesn't exist as one
person but rather is a group of people, probably a government agency, but I
have no proof, only suspicion. I do think the original intent was to have a form
of money that wasn't tied to government or banks, and that isn't physical.  That
aspect is working very well...except for the network fees and long confirmation
times.

Just imagining that satoshi may be too upset by the world paper money policy dominated only by the superpower, satoshi wants all the same as its currency to be no different between countries, and Bitcoin can do it ease transactions between countries without any currency bonds.

Still if satoshi comes out to the real world whales will kill him for the patent of bitcoin. As he wishes bitcoin will become a international transaction medium for the business and official payment via peer to peer network.
Now fees started increasing, this is ridiculous to send the fund from one wallet to another. There are many still using bitcoin to transact money from one countries to another.

Not sure where you got this notion. If you've read Satoshi Nakamoto's white paper (http://"https://bitcoin.org/bitcoin.pdf") on bitcoin, it's clear that what he wanted to accomplish was for money to be exchanged between two individuals without the need for a third party to confirm/uphold the transaction.

To quote Satoshi,


... and then he goes about describing the solution he's come up for accomplishing just that.

Also, note that the proposal for bitcoin was released after the 2007-2009 financial crisis, so you can also see the context where Nakamoto is coming from.

Re: mining farms now holding most of the world's bitcoins -- if true, I sincerely doubt that Nakamoto foresaw the possible 'dangers' to bitcoin if ever there were just a few individuals/groups holding the world's supply of bitcoins. Truth be told, he only envisioned CPUs to be used for mining (and not the mining 'rigs' that are used today), as mentioned in the white paper (http://"https://bitcoin.org/bitcoin.pdf").

Having just a few groups/individuals own much of the world's bitcoins do seem to pose an issue, as it defeats the purpose for which bitcoin was created-- decentralization.

I think the goal of satoshi nakamoto creating bitcoin is to destroy a very bad financial system. We know that people's lives depend on the economic development occurring in each country and almost all countries are controlled by one country. So it is very appropriate if bitcoin is present as one of the best solutions experienced by the world economy today, because bitcoin is honest and fair. Each asset is managed by the owner of the blockchain wallet individually. This is what is expected to make all circles become equal and prosper the community.

The main idea is the decentralized currency that means can do a transaction by peer to peer no third party the idea is about digital currency make a world with online transactions

Bitcoin's main idea is to decentralize the economy and support the current currency of the country. In my opinion, it is also important to help people who want to work in one way or another.

I believe the main reason behind making BTC was to provide financial freedom to people , to show people that decentralised nature actually offers more than that banks do.
People would no longer need a third party like banks to look after their earnings.
Banks are good but we have to work according to their rules and regulations plus the government can peek into our accounts any time they wish .
BItcoins gives  us Extreme privacy , that means no one can know our balance untill we show them , no one could trace our transactions,

He wanted a way to transact without relying on trust. He wanted to take out central banks from the equation. You can google his whitepaper. He explains it pretty well.

They basically made this decenralized democratic economy with the implementation of bitcoin. We all have access to it and anyone on this world can benefit from this environment. That was the main idea of bitcoin.

Yes you are right the primary idea of bitcoins to make someone rich its actually going to provide opportunity for the people to stand by on his legs and I think everyone must take advantage from it because bitcoin is full of good qualities and now a days it’s very hard to find such a crypto in this world and bitcoin have all these qualities.

Obviously the primary idea of Bitcoin is to provide its users the most appropriate and easiest method of earning their livelihood without putting much efforts and just using their mental skills to cope up with the situations well. Bitcoin is best option when it comes to choosing digital currencies for the sake of trading, investment or other economic issues.

Therefore one must believe in Bitcoins and try to buy more and more of them storing these in the online wallet and securing their future indeed.

According to my basic research and study in this field to find out that what was the basic idea of the bitcoin , that was totally different .
I found a article ( that seems real ) in that article it was mentioned that to make the bitcoin was not the made for the trading and make Cryptocurrency market but that was only the talent of the mr. Satoshi nakamoto to show that he can develop a algorithm that is more better than another banking system that we have in our practical life . But time to time people started thier own technology of new new coin and that made the people to found a way of making investment in different different coins and make earnings easily .
Currently , here I can say that the main basic aim got completed that time easily and now the primary idea is totally deflected from the main path , overall people are using bitcoin for the best purpose and probably in the future bitcoin will be only the main coin for the buy and sell things instead of fiat cash or fiat payment .

Its create to have conveniece in life and to have good ideas in different person and country.I think bitcoin will have future because its already authorized in the world as good digital money and for easy transaction.Bitcoin is like a thing that you can't imagine that exist because you can't see it and you dont have any idea where this thing will go

A helpful vision of system currency in general use in a particular technological age, like online transaction.

The main goal is to become decentralized. No one person should hold the power to control its price and its rules. Yes, bitcoin right now is kinda hard to get as so many early adopters are holding a big part of it. But I think they deserved it. They are the pioneers, and the one who truly believe in bitcoin. They entrust their money to bitcoin hoping that it will bear fruit. I think we should not worry about them or people around us. Bitcoin is for everyone. If you really work hard, you'll gain it. Just like them. Don't think that they don't work hard for it that's why they became rich. We got the benefits of this crypto, we got a side line work, a new system and a very big community. We should be happy and wait for what will happen in the future.

It seems to me that Nakamoto himself did not envision all the possibilities of bitcoin. Now from the bitcoin code many different crypto-currencies arise and are created, with various ideas and economies. This huge scaling of our technological world, a step into the future of the whole society. But the main ideas are decentralization, independence, security, speed, anonymity, low price when transferring money. ::)

Bitcoin is a digital or online currency. However, its means of being made and being earned is different from the usual paper money used in the market. It's similarity as a currency comes from the idea that it can be used to buy things or pay for a specific service. Its transfer, although done through transaction from wallet to wallet, is different because what's being passed is data and not "real" money itself. Therefore, it can be used all over the world without need of exchanging it for another currency that is used in that respective country. Like many answers, it is more convenient and a more decentralized way of using a medium of currency.

Sathosi Nakamoto wanted to separate government from money.
The goal was creating a decentralized, peer-to-peer currency.
I don't think he intended to create new millionaires, that is just a side-effect.
But to be honest I think that the early investors deserve to get rewarded, because they made this project huge.
 

indeed in this case we never know, how the vision of bitcoin. because the longer bitcoin is in great demand, it's also unknown if the bitcoin is much in the interest.

Bitcoin is created to take war with the monopolised financial system that we have for decades. The banking system that is widely corrupt and been used to oppress the poor and give much advantages to the riches. It is a revolutionary way of saying we don’t need them because we can earn by our own without the government and the bankers help. If it goes to show this factors, this currency will be the equilibrium between a poor and from the rich.

I think satoshi wanted to make a decentralized crypto currency and now we have found it. Seems that he wanted a currency which is technology based but in this time it is the world most valuable crypto currency. His creation is now successful.

It seems to me that the main goal of bitcoin is to create an alternative currency for making payments on the Internet, and also a new sphere for investment.

You are mistaken here - there is no way that anyone can create a world of economic equality without a consensus of rich people.
While it is true that some early adopters gained tremendous wealth by following bitcoin - but that is still only a drop in the bucket.
There is no way that bigger picture will change, ever - rich people will be richer and poor people, poorer. Bitcoin won't change that it is not a miracle maker.

Bitcoin is created to take war with the monopolised financial system that we have for decades. The banking system that is widely corrupt and been used to oppress the poor and give much advantages to the riches. It is a revolutionary way of saying we don’t need them because we can earn by our own without the government and the bankers help. If it goes to show this factors, this currency will be the equilibrium between a poor and from the rich.

Bitcoin's price is also quite dependent on the size of its mining network, since the larger the network is, the more difficult and thus more costly, it is to produce new bitcoins. As a result, the price of bitcoin has to increase as its cost of production also rises. The Bitcoin mining network's aggregate power has more than tripled over the past twelve months.

Year right the main objective of bitcoin is a decentralized concept to lessen any authentication of the user. Also, no one can dictate any transaction within. On the other hand, when time goes by there is changing the use of bitcoin. Nowadays bitcoin used in a different mode of payment. Used in peer to peer digital transaction to and etc.

like many are written in some articles or in some sources. Satoshi's main idea is how people can transact directly with crypto currency without any peer-to-peer authority. With Blockchain technology, Bitcoin can be obtained by mined. so essentially to facilitate the transaction, so we do not have to bother with carrying a lot of money.

It's his personal understanding of money. Maybe the world needs the same currency, not every country.

I think the presence of bitcoin can provide an opportunity for anyone to try to invest so in that way they can seek income as big and make life more secure without any party that can hinder.

I think the idea of making bitcoin is creating a decentralized coin. Thus immune to the manipulation of banks and government. Bitcoin appears in financial finance, so it is a way of creating coins that will give its users of hyperinflation and manipulation. You do not need a bank to hold your funds, and that will prevent them from using your money to speculate in the market without you knowing it.

This is what leads me to believe that Satoshi will never touch his Bitcoins. He appeared to be totally against the financial regime and capitalism. Bitcoin is very Libertarian, and Satoshi himself owning such a large amount of the supply caused him himself to become what he is against. I do believe he has the private keys still, but I don't believe he will ever move his coins.

The main idea of bitcoin is creating a currency that uses secure cryptography technology and does not require a third party (such as a bank) to perform transactions between users. So yes actually bitcoin is the idea originally wanted like money, which became a medium of exchange but with special advantages, ie do not need a third institution to verify the transaction.

There are a lot of ideas to be made with Bitcoin from service payments to buying groceries, but most Bitcoin is made up of ideas for payment in many areas, Bitcoin is at # 6 on the list. the world and now is continuing to develop with very high success rate, I believe Bitcoin will go up next year

with the btc, that we are very facilitated in the financial alternative, because the thing that is difficult to use is a transaction tool, so with the bitcoin is very helpful to us greeting kwgiatan transactions online.

I think that Satoshi Nakamoto was inspired by the ideas of the crypto punk community. The peer-to-peer system named as Bitcoin was designed to become a payment tool which competes to the traditional banks. Moreover, the genesis block of the blockchain contains the sarcastic proclaim concerned to the bank system, therefore I guess that the primary idea of Bitcoin is an opposition to the world traditional financial system which is sometimes manipulated by governments.

Bitcoin is introduced with the idea that a good currency is not controlled by the government or central bank or any institution. The financial crisis that has occurred some time ago confirms that the government is always negligent in maintaining economic stability. The government is always believed to be controlled by corrupt people and only works for personal gain, resulting in a lot of cheating of financial fraud, so bitcoin is created to create stability possible from financially so it does not occur so rarely between rich and poor , and this can also create economic stability.

Nowadays, everyone perceives it as some magical asset that yields profits out of nowhere. It's sad that people are afraid to spend bitcoins, because it may be worth more in the future, so they just keep it in their wallets or speculate it on exchanges. I don't see many actual usages of bitcoin, there are not many shops or places where you can use it. Everyone sees bitcoin as successful because of it's price, but in my opinion it fails as a currency

As history recorded it (and may come as a surprise to many), Satoshi Nakamoto's primary intention and idea was decentralization.

And over time, it became a success as we witness many others follow suit and ride on the idea of a decentralized system.  In fact the idea was so brilliant that the FBI believed in bitcoin and now holds a good number of it.

I think the primary idea of bitcoin is to be a decentralized currency as p2p payments without the third party or the banks.   Due to limited supply of bitcoin as it is a decentralized the investors had changed this idea into a digital assets in hopes that the price will skyrocket someday. Yeah, people will not use bitcoin as payments in a particular items rather they use it for trading and investing in ico.

The primary idea of bitcoin was to become a currency. Secondly to provide a society with free transactions that can be anonymous.
Government from any country may have hard time in tracing and adding of taxes in every transactions made.

I think that the  primary part of the debate is that a finite amount of Bitcoin will generated. And I think its very profitable and best work for our life.

In my views, the primary idea of bitcoin is for electronic payment using cryptographic methods during money transactions in a peer to peer technology. Bitcoin as a currency, I think bitcoin team is on the process of making bitcoin to be the most valuable currency in the world where it's price value will hit to a high level mark and waiting for the bull market to take effect.

           The primary idea of Bitcoin is a peer to peer transfer of currency and an electronic payment system developed through computers all over the world using free software. Bitcoin was introduced by an unknown person  or company named Satoshi Nakamoto . The transaction is made with no interference of a third party and it can be used to book hotels and purchase goods and services online and the payment is been done with ease and cheap internationally since there is no tie up with any countries.

I think the primary idea of bitcoin is a new type of money that can replace fiat money, can be controlled by the governments, can be used by anyone.

I believe he's a visionary who wanted to reshape finance industry, but what he did is actually reshaping the all industries thanks to the blockchain. I'm not sure he envisioned such a great impact of what he did

The main idea is the decentralized currency that means can do a transaction by peer to peer no third party the idea is about digital currency make a world with online transactions

The primary idea of Bitcoin is providing a platform based on the decentralized technology to send payments from one point to another without relying on the third party. If I am sending $1 Million to someone through the traditional payment system, I will find myself under the radar of the multiple investigation agencies even though I have submitted tax paid receipts and KYC details. That's happening in most of the countries, whereas in Bitcoin, no one would as you to show paperwork. If you have funds, you can do whatever you want 24*7 without relying on anyone else.

is this kind of post get some merit?

The main ideas implemented on bitcoin.org
It fast, p2p, cheap, secure transactions.
But sometimes its not fast and not cheap ))

The principles of bitcoin as you rightly said is redistribution of wealth and decentralization of  the same. It give power of economics to the power because the rich can not control the blockchain. So making money available to every one is the key. I think we are inline with that despite all the troubles of early this year.

I strongly support your view. The primary goal was to bring a new revolution of digital money that would serve as an alternative to the already existing fiat monies which takes much time in completing transactions especially when it involves distance

I dont think so. I think it depends on the person who is holding their mobile wallet because for me, personally, I think there is nothing wrong with holding bitcoin in your wallets especially if it will really grows and help you lessen your spending because it is like a bank. But for me there are also occasions especially if the seller has his or her own mobile wallet I buy things using bitcoin. so what Im saying that it all depends on the individual.

Your taught is not Satoshi's taught. His idea can be found in his white paper. To make peer to peer transaction effortless with the use of algorithm through blockchain.

Mistakes are not on Nakamoto, but I think those mistakes lie in people who are not looking for information on economic technology development earlier, so they lose momentum to change the economy.

Basically History of Bitcoin started in 2008 Satoshi Nakamoto (no one knows whether this is his real name or a pseudo name) developed a software with predetermined rules regarding generation of Bitcoins. He placed this software on open source in Jan 2009 and since then it became available to everyone with no one's claim to its ownership. Bitcoin is decentralised

according to Investopedia, Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.

It was a good point that you had raised asking if we are on the path that Nakamoto had envisioned or hoped for. Being that its safe to assume that nakamoto is an intelligent individual or group of individuals, we can assume that it wouldn't be hard to guess at the computing costs of mining, as well as  assuming that major mining operations would start popping up after BTC began to catch on. Not sure if saving the world’s poor was exactly an aim to begin with either.

my opinion bitcoin is made is to welcome the development of technology and the development of the times and bitcoin is the pioneer of digital currency the main idea of bitcoin is a place of investment by using the development of the era and technology it in my opinion

Firstly, bitcoin's idea was to become a currency but now people perceive it as a magical asset that generates profit from nowhere so they keep it for exchange without spending.

the idea is simple, create a revolutionary way on how to digitally signature a transaction. And this is the blockchain. It just happen that files currency is the best way to implement this methos becuase it will require a greater security among others. for me the best that he created is the technology, that is why other company is exploring its utilization for other services.

It should become a foreign currency, the idea should be so

bitcoin is the pioneer of digital currency the main idea of bitcoin is a place of investment by using the development of the era and technology it in my opinion. making bitcoin to be the most valuable currency in the world where it's price value will hit to a high level mark and waiting for the bull market to take effect.

The primary idea of bitcoin is not for profit or for loss it simple the digital currency to perform some certain tasks and to transfer of amount but with the passage of time it must be used as for profit and to earn money.and for buying things.

I think the primary or main idea of bitcoins creation by Satoshi Nakamoto is the decentralization concept.We really can't deny the fact that governments take advantage on our taxes payments.Sad to say but corruption and under the table transactions happens,people were sick and tired of how the governments addresses different concerns and issues they're facing.That is why he created a digital currency that governments cannot control,so we can transact anytime as fast and as easy without governments knowledge.

For me bitcoin is like an asset it deserve to be keep even the price will decline and when the price back to incline you should know how to invest and make it progressive.

In today's world that's not really the case anymore -- exchanges are subject to so many new regulations, that privacy isn't part of the deal anymore with how demanding exchanges are when it comes to our personal information. The majority of the people enter the market through a centralized exchange, where they happen to verify themselves at. As soon as you withdraw coins from your exchange, the coins have your taint on them and the exchange and potentially the government can keep following you endlessly. Bitcoin's blockchain isn't something that's hidden away from the public. All sorts of agencies around the world are upping their blockchain analysis skills. Enjoying actual privacy requires you to cut these centralized exchanges out entirely.

I think the primary idea of bitcoin was to create a decentralized financial system where transactions of funds can be seen by everyone. This idea was might to solve the corrupt nature of the centralized financial system and also provide a medium to which exchange can be done in any part of the world...

Bitcoin was developed following the 2008 liquidity crisis, which was quickly rejected by the world's major banks to defend their interests and their total control of the currency, unlike the bitcoin known to be decentralized, which seduce a minor part of the world populations and continues to attract more and more people.

I think that the main idea of bitcoin is about the E-Commerce...nakamoto maybe think that the bitcoin will make the E-Commerce Easier

Bitcoin wants to become the official currency. If it achieves that bitcoin will be used in every spending of life. This currency is both valuable and highly profitable in trading.

I further argue is to facilitate online transactions, with a new technology called blockchain that makes it easier for its users. and in the future, we can create transactions worldwide using bitcoins.

perhaps such an interpretation is unfavorable to me, because Bitcoin is created to replace paper and metal into digital money.

to facilitate transactions and finance in the future. and have a sophisticated security that can not be falsely.

I think that bitcoin is a good thing that can change the state of our lives. It can help us solve many financial problems, at least for us to reduce the gap.

I think Satoshi has no big plans for bitcoin as it has developed now, Perhaps the idea is to introduce new technologies and some virtual currency in a new virtual era, to give people some alternatives to traditional fiat currency and centralized finance.

I think, bitchoins is decentralized financial system

it's quite unreal

I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people..

Bitcoin is the first implementation of a concept called "cryptocurrency", first described in 1998 by Wei Dai in the cypherpunks mailing list, suggesting the idea of ​​a new form of money that uses cryptography to control manufacture and transactions, instead of using centralized authority. The first Bitcoin specification and proof of concept were published in 2009 in a cryptographic mailing list by Satoshi Nakamoto. Satoshi left the project at the end of 2010 without telling much about him. Bitcoin community is growing rapidly as many developers are working on Bitcoin. Satoshi's anonymity often leads to false concerns, mostly related to a misunderstanding of the nature of open source-based Bitcoins. BItcoin protocols and software are publicly published and developers from around the world can review the code or create their own modified version of Bitcoin software. As with current developers, Satoshi's influence is limited to some of the changes he created and adopted by other developers, and he does not control Bitcoin. Thus, finding the identity of the inventor of Bitcoin is now just like finding the identity of the inventor of the newspaper.

Bitcoin isn't the first crypto currency, there are several before. You have to take a look decades ago. The base of Bitcoin starts before Satoshi. The Cypherpunks and crypto-anarchists were the first to advocate privacy. Motivating people to write encryption programs to protect themselves in a Manifesto http://nakamotoinstitute.org/cypherpunk-manifesto/


Before Bitcoin we had several digital currencies, Nick Szabo is one of the first when he created Bit Gold.

Satoshi proposed Bitcoin in 2008 at the same time of the financial crisis in 2008 with the message "Chancellor on brink of second bailout for banks" https://www.thetimes.co.uk/article/chancellor-alistair-darling-on-brink-of-second-bailout-for-banks-n9l382mn62h

Most people interested in the project were cryptographers, Cypherpunks, and crypto-anarchists since privacy is their Moto.

Yeah and it is going well now. Satoshi created bitcoin running on decentralized system so the government cannot rule its cap and price, Nakamoto knew that cryptocurrency will be the future of currency He also knew that our technology would be great for this kind of project of him to adapt and develop his creation.

Probably the idea was to introduce the new technology and some virtual currency in new virtual era, to give people some alternative to traditional fiat currencies and centralized finances.

I think the primary idea of bitcoin is to let everyone experienced what Mr. Satoshi Nakamoto experienced. If we can remember, Mr. Nakamoto who was our founder has a huge amount of bitcoin in his account and since he wanted to share them then he created the forum to extend the opportunity for us who believed and have already accessed from it and also for those who are still coming in the forum.
  That is why we have to thank Mr. Nakomoto because of his unselfish decision which to share us the bitcoin

Bitcoin is a digital currency (also called crypto-currency) that is not backed by any country's central bank or government. Bitcoins can be traded for goods or services with vendors who accept Bitcoins as payment.

The Bitcoin network is designed to mathematically generate no more than 21 million Bitcoins and the network is set up to regulate itself to deal with inflation. Bitcoins can be spent by initiating a transfer request from a Bitcoin address in the customer's wallet to a Bitcoin address in the vendor's wallet. As of this writing, one Bitcoin (also called a BTC) is worth $104 -- but just as with stocks, the value of Bitcoins can fluctuate quickly.

NOT just alternative but to completely destroy the centralization on market. The main idea of bitcoin is transferred P2P without any middleman and be transparent on every transaction unlike banks which charges a lot of fee and hassle in every transaction.

Bitcoin primary ida most important the user.Bitcoin Is crypto currency from world wide.It's world wide business.
Most people earning bitcoin but Most people bitcoin isn't knowledge.people Very important  Bitcoin primary ida.
Primary ida bitcoin experience. The primary ida of bitcoin better Bitcoin user. So I there for bitcoin is primary ida all people important.

The idea is to create a form of currency in the digital world. Nakamoto created Bitcoin for the sole purpose of a decentralized system in which people can utilize it for transactions,payments, currency exchanges and transfer of money with the help of blockchain technology. This enabled users to conduct these procedures without the involvement of a third party. Like what banks does. Bitcoin's quantities are also limited in supply that is why it's current value is unstable and may varies on its supply and demand situation.

the primary idea of bitcoin is to be a legal currency. and i hope many establishments will accept bitcoin as payment. there some establishments who are accepting now bitcoin as payment. i hope it continously growing until bitcoin becomes a legal currency. and i hope bitcoin will be decentralized financial system and it fully develop.

Satoshi Nakamoto’s original intention was to use blockchain decentralized bookkeeping to create a currency that was not monitored by the government. Solve the government's economic control and liberate economic freedom.

Hello Everyone, in my opinion, Bitcoin has a very powerful purpose to serve in this economical growing world. where everything is running financially. The sole purpose of Bitcoin is to compress money in a small matter where most of the finances are under a small coin Digitally. As per these upcoming generations, Bitcoin has already taken over the world with its possibilities of what it can do in this digital growing world. This particular Digital currency has set its mark as a powerful source in terms of currency. and also as it grows in every part of the world legally. developments regarding its security are also to be made regarding this Cryptocurrency which in terms known as Bitcoin. Bitcoin is the future which will change how finances work digitally in the upcoming generations.  ::)

Bitcoin is cryptocurrency that will help us to our daily need its gave us a extra money and help us to our financial and our knowledge will improve because of bitcoin.

Have we accomplish according to Mr. Nakamoto vision and mission ? According to my understanding we are really far from achieving that. Bitcoin's One main objective was to use  it as a decentralized payment method without any berries in the world which face many difficulties due to new government rules and regulations to limit bitcoin as a payment currency due to many reasons. And another objective was to reduce the gap between poor and rich in the society which has not achieved for some extend because today we see most people who possess bitcoin does not hold until it reaches to it's  full potential due to financial issues but rich doesn't have that problem so they have the ability to invest and hold bitcoin long term. The situation is much similar if we consider other objectives of Bitcoin but we can hope it will change much in the near future due to huge attraction among general public into the cryptocurrency world

i think Most importantly, the possibility of bitcoin was to end up a cash. These days, everybody sees it as some otherworldly resource that returns benefits all of a sudden. It's pitiful that individuals are reluctant to spend bitcoins, in light of the fact that "it might be worth more later on", so they simply keep it in their wallets or conjecture it on trades. I don't see numerous real uses of bitcoin, there are very few shops or places where you can utilize it. Everybody sees bitcoin as effective on account of it's cost, however as I would see it flops as a money. The charges are high and there are no enough places to spend it.

The main idea is the decentralized currency that means can do a transaction by peer to peer no third party the idea is about digital currency make a world with online transactions.

Thanks for putting all this discussion because I have discovered that I don't know the primary go and initially purples of the Bitcoin, why satoshi created and for what purposes. Now I would be more educated.

i believe the primary goal was to become a currency and edecentralization, which we are nearing day by day.

I think the primary idea of Bitcoin was not only for decentralization but also overall for us to ultimately hold our own money. It was a response to the latest 2008 financial crisis and ultimately a wake up call for people to be enlightened on how the world works. Right now the world is controlled by debt and interest. From the moment you are born you have already incurred and are shouldering part of your country's and goverment's debt. We should move from being debt based to being collateral based... meaning we own our money and spend only what we have. I think that is the primary goal for Bitcoin.

Bitcoin is a modern currency. We can benefit from this currency. Bitcoin is more popular than other coins throughout the world. Bitcoin prices are increasing day by day.If we keep buying Bitcoin,then sell it again,its price will increase and we will be benefited.

actually bitcoin appears as an online payment tool that can be faster, safer, and effective. had become a means of payment in the steam game, but after the price bitcoin nak down, they no longer use it again. that's because bitcoin is now a profitable digital investment asset because its fluctuating and ups and downs are very significant. I think bitcoin is currently undergoing a task for the second idea.

Bitcoin is a popular currency.day by btc earn more to more popularity.so You can mention it as a modern currency.Bitcoin is approximately like other currencies in the world.But,it is still illegal in most of the countries in the world.

I think I need to go back to the whitepaper of Bitcoin. But I do not think that it is the primary goal of Satoshi Nakamoto to address poverty or social inequality or imbalance. What I know is that Satoshi is really concerned about our current payment system that always has to pass through the banks. A peer-to-peer digital cash is what Satoshi envisioned to have. He never even envisioned a Bitcoin that will only be worth as an investment. He made a currency, a digital money that is a world freer than our fiat currency. 

The primary idea of bitcoin in my own opinion was to make the each and everyone's life to be easier and much faster than ever. As we are living in a high technology era these kind of currency will give us freedom to do transactions on our own way without the help or assistance of a third party. Bitcoin's idea is surely be to give us a better life.

I think the primary idea of bitcoin is to improve more our knowledge and to gain and earn money in terms of financially to help people who have problem in life either its simple or hard.

Only Mr. Nakamoto could answer this question exactly. But I speculate the primary idea of Bitcoin would be to have autonomy when dealing with money, without the necessity of having a central authority behind it. I think it's not about making "social justice", it's not about taking money from riches to give to poors. It's all about fairness and autonomy, simple concepts that should be respect and agreed by everyone around.

Personally, I think the initial idea why Natoshi created the bitcoin cryptocurrency is to make business transactions on the virtual space seamless. To have a currency that is centralised and free from manipulation whatsoever.

The primary idea of bitcoin is to get relevance because if it's getting relevant ,more people will be follower of bitcoin
and this will give it more relevant in the world of cryptocurrency.

The main idea of bitcoin has always been the same, just to replace cash and to be a decentralized tool, but it is now used as a commoditie that is used for making money purposes, and that is the reason of why it has changed a lot during the last few months

Bitcoin has taken over the world with its power of what it can do in this digital world and as it grows in every corner of the world legally. Bitcoin is the future that will change the way digital finance works in the coming generations. To my knowledge, we really did not achieve that. Another goal is to reduce the gap between the poor and the rich in society without achieving some expansion because today we find that most of the bitcoin owners do not hold until it reaches the potential. Full of financial problems but rich have that problem so they have the ability to invest and hold long term bitcoins.

Yes, many kinds of coins and many airdrop appear with interesting project but through the time I do this job, I just see that people join airdrop to get money but not use it to support our society. I'm so sad about this fact.

Another goal is to reduce the gap between the poor and the rich in society without achieving some expansion because today we find that most of the bitcoin owners do not hold until it reaches the potential. Full of financial problems but rich have that problem so they have the ability to invest and hold long term bitcoins. I think most importantly, the possibility of bitcoin is ending with cash. Unfortunately, individuals do not want to spend bitcoin, with the light of the fact that "it may be worth more after this," so they simply keep it in their wallet or conjecture it on the deal. . Everyone sees the bitcoin is effective on its account of the cost, however as I will see it flops as a money.

Nakomoto thought something that will change the world by giving out some sort of advanced technology using cryptocurrency. I have seen how great and how far this technology been doing in someone's life with paperless transactions.

Nakamoto primary idea was create a new digital currency that is not physical like fiat currency also he want to come with a new technology of virtual currency which peoples can easily access by internet and store online. Ur theory of equality of society is not right because he only think about technology and if we see today condition peoples who have money then they can buy bitcoin, how poor peoples can buy 7000$ of bitcoin.

I think that the primary idea of btc is to get it for the long-term hold. I think that it is better to get it for about one year and wait until the price becomes stable and improve compared to the primary idea

Decentralization. And putting the financial power back in the hands of the people.

And offer a relief from the unfair financial system

Actually, i believe the decentralized dream of Nakamoto is still on course and for if bitcoin continues for a long time we might see a true bridge in the gap of the poor and rich. This digital currency will bring a sign of relieve to the world as a whole.

From the time you were born you have arisen and are owning some of your country and government debt. I think that is the main goal of Bitcoin. Bitcoin has become a means of payment in steam games, but after bitcoin prices are down, they no longer use it again. That's because bitcoin is now a profitable digital asset because its oscillation and downs are very significant.

I my opinion, the primary & main objective of bitcoin is a decentralized concept to lessen any authentication of the user so that no one can dictate any transaction within. On the other hand, the use of bitcoin is changing over a period of time. Nowadays bitcoin used in different modes of payment.

I think the primary idea of bitcoin is to reach out to all countries across  the world for business transaction and to gain more profits.

Hello Everyone, in my opinion, Bitcoin has a very powerful purpose to serve in this economical growing world. where everything is running financially. The sole purpose of Bitcoin is to compress money in a small matter where most of the finances are under a small coin Digitally.The situation is much similar if we consider other objectives of Bitcoin but we can hope it will change much in the near future due to huge attraction among general public into the cryptocurrency world.

as in my opinion so the main idea of bitcoin is first of all new money and then already as an asset, and it's not for nothing that bitcoin is called digital gold, because bitcoin is a new and unique type of money compared to other currencies! Which will soon show the whole world and all people will use the bitcoins!

The primary idea of   ‎Satoshi Nakamoto was to make a digital currency which is decentralized and can be used to make transactions from any part of the world. He wanted to solve the limitations of physical fiat used and also provide a system which can't be corrupted.

The situation we have today is very different from what the idea of Satoshi could have been. People are more interested in enriching themselves today. Besides, it is the rich who profits most than the poor.

The primary idea of bitcoin why satoshi made it was not as a currency but for transaction purposes. He wanted to have one way of payment where only one party need to pay for every transaction that will be made. But as ghe time goes by it was being develop and become more useful. Year by year its value was increasing even until now.

Bitcoin was created to facilitate electronic payment method that takes place through the peer-to-peer technology to make transactions by using cryptographic methods in which no other third party was involved. It can used by everyone with no control of others. It is simply the internet cash through which the transaction of the payment will take place simply and easily. The network nodes will verify these transactions and will be registered in blockchain named as the public distributed ledger.

This is more than sad, but the primary idea of bitcoin was not supposed to be like it is at the moment, because everybody consider bitcoin as a money machine at the moment.-

As we all see and wanted the decentralization concept that in which the government and the banks were afraid of..and i think they are most affected of when all people started to adopt the existence of cryptocurrencies.

I have seen a post from one Russian guy who claimed to find a real person which is acting in name of Satoshi Nakamoto. It appears to be a strange guy from china, who studied at the coast university at 2009.

I think that the  primary part of the debate is that a finite amount of Bitcoin will generated, it's very nice work. ;D

The main value of the blockchain is decentralization and independence. I also think that Bitcoin's idea was based on the desire to create not just another "piece of paper" that represents real money, such as gold, but an analog of gold itself. Take those properties of gold, through which it is the ideal money, and make an electronic currency based on them.
Once Bitcoin is on the market, its value is determined solely by the level of trust in the system. The more people trust, the more Bitcoin will be bought, the more dollars will be invested in it and, as a consequence, the more expensive Bitcoin will be.

I think the primary idea of bitcoin was mr nakamoto wants to solving the high fees problem in the fiat currency by creating a digital currency that doesnt need 3rd party fee to operates. But this is cannot be achieved anymore because bitcoin price is already very high, so the fee too.

Yeah this is somehow should be clarified on by Sathoshi nakamoto. His ideals should be clearly stated so as to let the clients or consumers in cryptocurrency be guided accordingly on how it should be use. Some of them had abuse cryptocurrency but the good thing is that cryptocurrency is being regulated already by the government.

 The main idea of Bitcoin is to be decentralised of all governments in the world and be only digital currency in the internet. People like to be Avenue in real world so they can use it.

I can not vividly point out but i can can probably relate to the fact that he must have had some challenges with government institutions like bank and with financial problems which really spear head the motive. Nevertheless, i think by reason of decentralizing bitcoin xould be one of his ideas which has be accomplished. With the issue of bridging the gap between the poor and the rich by bitcoin introduction, am yet to observe that.

I believe that the main idea was to be able to easily and quickly transfer any amount to anywhere in the world just sitting at your computer. In General, in order to understand this, it is enough to read a white paper from Satoshi and get to the bottom of it.

Many people gave opinions in different ways. We do not know who Satoshi was? We are seeing its implementation,we do not know about his purpose. But Bitcoin gave – A Peer to Peer Electronic Cash System was posted to a mailing list discussion on cryptography. Although Bitcoin was the first established cryptocurrency.
If we are not upset, we will stay on its way.

To answer your question, we need to go back to the basic concept from mr nakamoto in the whitepaper.
In bitcoin whitepaper (you can find if you google) explained that bitcoin is a payment exchange medium, software based online payment system.
So, the idea of bitcoin is to become a payment currency, decentralized and online, peer to peer without 3rd party (for reducing fee).

By the time Satoshi created the Bitcoins, he had the ambition that, in the future, bitcoin would be worth the top in the economic market. And he succeeded, by the end of 2017, the value of the top bitcoin in all cryptocurrency, at about $ 19,000 a bitcoin.

I think Btc is made is to welcome the development of technology and the development of the times and Btc is the pioneer of digital currency the main idea of Btc is a place of investment by using the development of the era and technology it in my opinion

The main idea of bitcoin was to make an ordinary person financially independent of state structures and banks. Transactions in Bitcoin are conducted at any convenient time without any third parties and regardless of the existing borders of different states. Therefore, bitcoin should be used primarily as a means of payment, as virtual money. Using it primarily as a means of accumulating value contradicts the main goal of bitcoin.

It seems to me that the main goal of bitcoin is to create an alternative currency for making payments on the Internet, and also a new sphere for investment.

Your taught is not Satoshi's taught. His idea can be found in his white paper. To make peer to peer transaction effortless with the use of algorithm through blockchain.

Yup! Bitcoin was created to have a decentralized currency which can be accepted throughout the world. It certainly revolutionizes our current financial paradigm, because it is capable of filling in the gaps on our current use of banks and fiat. There is more control and security when using crypto --that's why it rocks! And the sooner we start using it, the sooner it can become a global virtual currency.

if some of the main objectives of the BTC are examined, there are so many possibilities that can be the goal of creating BTC
first, in my opinion BTC will be used as an international payment instrument that can be adjusted or can even displace the existence of the USD, so the cryptocurrency will begin to be introduced as an official international currency
then the second, in my opinion BTC is a mega project for the need to Give Away to the poor, where everyone can get money by buying and selling and making a profit

It becomes a complicated step to be accepted by all countries in the world because all government regulations differ.

i think the primary idea of bitcoin is to stop or disrupt the world financial order that is been government from units and sections of government, both locally and internationally and then decentralise it to a system where people or individual can create their own financial system

the primary idea of bitcoin is to create singular currency that will be spent globally. they are making thing to be possible to make their vision of creating a singular currency

The primary idea bitcoin is still here. We are building the trust gap that we'll connect each and everyone. Bitcoin will make us trust each other when we transact and the makes us very easy to remove the barriers like our wrong perspective when we meet people. The Chinese and USA that wants to fight each other can be saved by bitcoin.

Where and when there is always decentralization and decentralization. There is nothing that can be shared and fair

I imagine that Satoshi didn't have so huge plans for bitcoin like it has grown at this point. Most likely the thought was to present the new innovation and some virtual money in new virtual period, to give individuals some other option to customary fiat monetary forms and unified accounts. Perhaps Satoshi didn't expected that bitcoin will make so huge progress out of nothing.

 Yet, I'm certain he didn't need constrain bitcoin just to specific gatherings of individuals and that exclusive couple of benefit out of it yet things frequently turn out unique in relation to we need them.

I think bitcoin was made to lessen the burden or hassle in money transactions. To avoid or minimize the risks in bringing big money that will be a risk of our life too. This is just my idea

First of all, the idea of ​​bitcoin is to become a currency. Today, everyone considers it a magical asset that makes a profit out of nowhere. It is sad that people are afraid to spend bitcoin, because "it might be more valuable in the future", so they just keep it in their wallets or speculate on the exchange. I don't see much of the actual use of bitcoin, there aren't many shops or places where you can use it. Everyone sees bitcoin as a success because of its price, but in my opinion it fails as a currency. The cost is high and there is not enough space to spend it. Maybe the idea is to introduce new technologies and some virtual currencies in a new virtual era, to give people some alternatives to traditional fiat currencies and centralized finance. Maybe even Satoshi did not suspect that bitcoin would achieve great success from nothing. But I'm sure he doesn't want to limit bitcoin only to certain groups of people and only a few benefits from it but things often change differently than we want.

The main idea of ​​bitcoin is to make everyone who trusts and invest in bitcoin to make it harder than ever in the world we do not need to work so we can improve ourselves by investing and trusting bitcoin .

I think the main idea of Bitcoin is to become a payment tool, trading on the Internet, replacing cash to become the next generation currency.

For me, bitcoin is the new way of earning money by the use of investing, trading and sometimes mining. As what I observed this is the way to have decentralization and i think sooner or later bitcoin become a new payment tool in some countries that accepts bitcoin and also the next generation will really benefits this in some point because it maube replacing cash to bitcoin that has some good effects for use.

Bitcoin has shown us to know that, they are what we called digital asset, which many also known as Crypto currency that can be investing and trading towards the community, which has been helpful and job opportunity to many people.

I think Satoshi Nakamoto's idea is to create something completely different from traditional internet technology, and more importantly, he wants to make a lot of money out of his gaming interests.

As far as I'm concerned, the main idea of bitcoin is to make the world share the same kind of digital money and make transaction costs less costly for the trader and make the receiver simpler to use.

Bitcoin is here to be able to make the world better and society more prosperous and support the world economy towards a better direction. In the end bitcoin will become a world currency that applies to all transactions and is recognized by the world of its existence.

The primary idea was a great one and beside big investors and speculators, I think it was the one that caused a huge FOMO of the real people who believe in a truly revolutionary idea of free us to central authorities.

The decentralization thing that took place at first was like the new internet and that is the point we can start sure it happened. For the rest who really knows what this will drive. Stay safe

Possibly this sounds peculiar however I believe that Satoshi didn't have so huge plans for bitcoin like it has grown at this point. Most likely the thought was to present the new innovation and some virtual cash in new virtual period, to give individuals some contrasting option to customary fiat monetary standards and brought together funds. Possibly Satoshi didn't expected that bitcoin will make so enormous progress out of nothing.
In any case, I'm certain he didn't need restrict bitcoin just to specific gatherings of individuals and that lone couple of benefit out of it however things frequently turn out unique in relation to we need them.

In my point of view the primary idea of bitcoin it's freedom. Bitcoin is not backed by any country's central bank or government, so it's free currency. But it's very popular currency among people, so bitcoins can be traded for goods or services with vendors who accept Bitcoins as payment.

Bitcoin at it's center was proposed to be utilized as a money which could conceivably topple fiat. Be that as it may, by the day's end regardless of whether it doesn't prevail with regards to doing that despite everything it has brought the blockchain which is a progressive bit of innovation

The main idea of bitcoin is to grow to develop earning on bitcoin and in the future bitcoin will be very useful

I think, the main idea of ​​Mr. Satoshi Nakamoto is to keep us away from a centralized financial system, as it is now. Where, capitalists can easily control finances around the world

the basic idea of bitcoin is to transfer money safely without intermediaries. naturally this is causing some illegal actions.

Nobody can come up with the innovation that can entirely solve the world's problems. Satoshi's aim on the development of cryptocurrency is decentralization and maybe financial freedom. It does not mean that some very rich individuals will not take the advantage of the innovation but yet it will affect a great percentage of the targeted people.

i think for him the main goals was just to create something decentralised. he could have not imagined it would go this way.
and like most things that are designed for something are and going to be used for something else. but when he started imo it would have been to create the tech nothing els

The purpose of bitcoin was created to make people around the world be able to trade a digital currency at a lower transaction cost and, moreover, beat the inflation rate and create an investment environment. for investors

In 2008, the original bitcoin designed the protocol, and in 2009, the "Satoshi Nakamoto" is considered to be an alias to launch the network. Nakamoto is responsible for the creation of most official Bitcoin software and it was active to change and post technical information in the Bitcoin forum.

I think the primary idea of Satoshi Nakamoto for the creation of bitcoin was to solve the challenges the physical fiat and the banking system faced. Bitcoin was meant to be a digital currency which will provide a decentralized ecosystem and bring the possibilities of sending any amount of funds to anyone at any place at any time. Bitcoin was meant to make in easier exchange of goods and services......

In my opinion, the primary idea of bitcoin when it was created is about decentralization. Satoshi Nakamoto also want to turn fiat currency into an innovated for of payment and transaction using technology. He build this digital currency in order for us not to cut woods and use the technology as part of our economy.

Bitcoins primary idea is to provide a powerful currency to the global community to operate world  wide to spend their daily requirements .It is a digital currency with strong net work systems connected with the modern technology.The modern technology means it is inclusive of the block chain technology which ensures the security systems of the net work are quiet safe and trust worthy..So bitcoin is much suitable to become a common currency can be operated world wide.

From all my readings, the mission of bitcoin has always been to make the world of finances better for all people across the globe. This has been made possible through the decentralised blockchain technology.

What is the nature of Bitcoin? If you understand the nature of Bitcoin, it's possible to conceptualize the main idea of Bitcoin. Does that make you vague?

Satoshi Nakamoto actually want to create a system whereby the world will experience financial equality, privacy ans financial system that is purge of stress. You can only take a donkey to the river but you can not force the donkey to drink water, Most poor people are not embracing bitcoin so I am afraid the wealth of bitcoin is still with the rich.

I think the main goal was decentralization...

The thought why bitcoin was made was to wind up a currency.Nowadays, everybody sees it as some enchanted resource that returns benefits out of the blue. It's dismal that individuals are reluctant to spend bitcoins, in light of the fact that "it might be worth more later on", so they simply keep it in their wallets or estimate it on trades. I don't see numerous genuine uses of bitcoin, there are relatively few shops or places where you can utilize it. Everybody sees bitcoin as a benefit acquiring

I don't really know the primary idea of bitcoin i think the creator was the only one who know that because they didn't did it if he/she have a reason, but for me the idea of bitcoin is to help other people to their life and have a wealth and brighter future because bitcoin really good to everyone.

Decentralization and digitization. Decentralization so that it won't be controlled by any government nor banks which gives freedom of choice. Digitization to be able to cope up with the fast evolving technology.

Lol those who have bitcoin since 2010 has sold their coins last december 2017 bubbles as it reaches the $20,000 value,so theres nothing to do on holding until now

The poor wil remain poor if they are not persevered and dedicated on what to do to changed the lives of their family and love ones.

The vision of satoshi nakamoto is to create a single coin that will make the world use as one

Of course the main purpose of making the development of an economic system that follows the development of technology and of course the era and positive goals is of course sometimes for now often reversed

I think the main idea of ​​bitcoin itself is to provide alternative currency solutions, making it easier for people with sophisticated decentralized systems that are not affected by banks or others.

The essential thought of bitcoin isn't for benefit or for misfortune it basic the computerized cash to play out some specific assignments and to exchange of sum yet with the progression of time it must be utilized concerning benefit and to acquire money.and for purchasing things.

Bitcoin's first idea was created as a currency, which anyone can use to complete a transaction without a third party or bank, but now Bitcoin is used as an asset to generate huge profits through long-term investments that make people afraid to spend Bitcoin. and they prefer to keep it in their wallet or speculate on the exchange. what I see now is very few transactions that use Bitcoin and I think Bitcoin fails as a currency. It costs high but there is not enough space to spend it.

I think the primary idea of bitcoin is to become a digital currency that is decentralized which is what happened. It helps us practice liberty and the freedom of choosing what is best for us, something that the government do not own and what we can proudly say that is ours. It may also be to introduce an alternative currency because it is too crowded for people to have only their currency. One thing is for sure, mr. Nakamoto envisioned an innovative and proggressive way of managing finances without the government in the way.

In my opinion the primary idea of bitcoin is to complete decentralization of the assets , of course many people wants to make sure that they received the amount that they want . And bitcoin is a digital currency that is part of cryptocurrency that wants the bank official to spread or legalized bitcoin crypto.

I think the main idea is a decentralized currency which means we can make transactions anonymously with a high level of privacy.

I think the primary idea of bitcoin is to creat a coin that can replace fiat money, bing blockchain technology to our life.