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Author Topic: Bitcoin invention :  (Read 363 times)
Polly.Nochka
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May 10, 2018, 02:42:19 PM
 #41

The discovery of bitcoin is one of the miracles of the financial world in my opinion, and I think it is the discovery of bitcoin for the purpose of changing the world economy to the order of financial problems.
Absolutely!!

Bitcoin is the greatest invention of  the millennium *I hope I'm not exaggerating*.

The invention of the bitcoin has given a setback to  the majority of the traditional methods and has expanded its growth potential like anything!

It has been a savior for many people including me and many others in the times of financial difficulty.

So the purposes for which bitcoin has been invented are in-numerous and all it has done to mankind is its development. *while here it is worth mentioning that there is a dark side to every great invention and so there is a dark side of bitcoin: the dark net it has created for terrorism funding and other such activities.*



It is worth noting that black deals are now being implemented to a greater extent in more secure anonymous crypto-currencies (monero, zetkoin, etc.). But, considering that with the growth in demand for altcoyins, the demand for bitcoin is simultaneously growing, the shadow market has a significant negative impact on the for bitcoins.
taylorsara
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May 10, 2018, 05:14:29 PM
 #42

"Bill gates & Warren Buffet is still against bitcoin but they are not thinking about future crypto currency.
 New York City is developing block chain day by day.
 Venezuela is developing new crypto currency so they already aware of it.
 The Market share is increasing and this bitcoin is going to their previous position where price was high so investing on bitcoin is smart idea."
nararifki
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May 10, 2018, 05:25:53 PM
 #43

To much goal, one of which is to speed up the payment transaction process, and bitcoin as a financial revolution based on centralization.
samarabtc
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May 10, 2018, 06:12:02 PM
 #44

Now a days bitcoin is more popular crypto currency in the world. Through some countries are banned bitcoin but some countries people are also invest in bitcoin. That’s why bitcoin wants to create more invention.
Mia Wallace
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May 10, 2018, 06:36:50 PM
 #45

The invention of bitcoin in the year 2009 is one of the greatest achievement to the humanity by Satoshi Nakamoto.. Its advantage or disadvantage is that there is not any governments control over it which is making upside down to the entire financial concepts of the world which we were following so far. It will be a big threat to the current banking systems .Bitcoin is the first crypto currency which is a decentralized one with anonymity ,all transactions are recorded in an electronic ledger with the block chain technology.Bitcoin followed by lots of alternative coins are there in the market and the bitcoins popularity is flaring up.
shafi alam
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May 17, 2018, 09:14:25 PM
 #46

i think bitcoin is great innovation .
so the purpose of bitcoin is :

1st goal in decentralization.
2nd low cost of transaction  ,
2rd no monitoring system .
fatema
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May 22, 2018, 06:15:39 PM
 #47

Bitcoin has been invented to change and improve the world's coins. The purpose of this innovation is to serve human beings and to advance human progress. With Bitcoin, people are able to make transactions and make payments easily and it is considered as valuable resources for the people. It is invented by people who are able to make money easily, which serve as human services.
meowskie
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May 31, 2018, 06:02:54 AM
 #48

Bitcoin is a cryptocurrency binary numbers that is cannot be hack easily. For me we can use to bitcoin and many different ways in the near future.
ghermghuda
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June 12, 2018, 07:14:42 AM
 #49

Bitcoin was invemted to help free humankind from the financial troubles of the world: making it secure, fast and trusted

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kalbsoklab
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June 12, 2018, 09:07:29 AM
 #50

It is the response to global financial crisis that happens during 2008. The crisis expose the vulnerability of centralized payment institutions. We need freedom from this centralized institutions that make us believe they are the right one.
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