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Author Topic: [Will] BTC historical mission  (Read 524 times)
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March 29, 2013, 10:02:07 PM

BTC as Satoshi  first go to the center of experimental currency, was released in 2009. From today seemed to have many flaws, but if you take into account its historical mission, these inadequacies is precisely to meet its historic mission.

1. Fired the first shot of the Revolution, btc stable operation
     btc successfully run for more than four years after the first half-life, have to prove to the center, anonymous transactions, security.

2. The best promotion than everyone enrichment
     The total amount of a certain currency is bound to cause deflation, hoarding, can not enter the circulation transactions. BTC as a new virtual currency without any government endorsement, and how to bring confidence to the participants. Can not have both fish and bear's paw, or deflation appreciation or inflation, circulation. Appreciation for the new currency, apparently, is more conducive to building confidence. Currency will rise, for the promotion of the concept of Bitcoin for good. For The hoarders, miners, deflation monetary bring a high profit return. Tremendous benefits to attract more people to get involved. More, the higher the currency participants until a household name.

3.And government monetary regulatory front grips, test design ideas Bitcoin
     The Government of the United States and Europe in succession at the recent launch of the regulatory provisions for virtual currency, has not yet been officially shot. Only when the conflict occurs, we can verify btc design is very robust enough to be able to ignore the government intervention.

Above three points should be Satoshi experimental purposes, BTC's historical mission.
Completed its historic mission in the BTC, through data analysis, bell Nakamoto may launch new and more perfect Bitcoin.
1 transactions faster. Maintain microfinance inflation, to let monetary true for circulation transactions. (Gold annual incremental 2%) 3, more thorough de-centralized, such a large trading site is no longer dependent mtgox also not allowed to produce professional mining machine, to achieve universal mining, to let the currency more dispersed.

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