For what was Bitcoin created?

[Oilacris]

I think bitcoin was created so that we can have an alternative and better kind of currency. You can avoid getting taxed when you're using bitcoin. It's fast and reliable too. You can easily send money abroad with just a few clicks. Bitcoin is decentralized and that just means that a part of bitcoin is meant to do the opposite of what the government does. Today, bitcoin is an investment for most and an opportunity to earn money online.

bitcoin is suitable to be used as a means of transaction. maybe the purpose of making bitcoin is that the internet has a transaction tool that quickly and reliably. bitcoin is currently actually used as currency on the internet, other than that bitcoin has also evolved into a business tool, so now many companies that need workers who are paid using bitcoin. well, so I think bitcoin made to facilitate people - people to conduct transactions on the Internet

Adoption do rapidly increased because bitcoin features is very useful to people that's why they got easily adopted into it. Money transfers is the main thing why bitcoin is being created, as you can read on Satoshi white paper ,not only that, bitcoin project do already reach or gain extent adoption because there are already merchants do offer and accept bitcoin as a payment.

[Ayers]

it was created because it is trustless that is writed on paper by satoshi, he want to make a trustless system, but people use it also for anonimity, both are good reason to use bitcoin instead of fiat money which are heavily tracked and controlled

[socks435]

I think bitcoin was created so that we can have an alternative and better kind of currency. You can avoid getting taxed when you're using bitcoin. It's fast and reliable too. You can easily send money abroad with just a few clicks. Bitcoin is decentralized and that just means that a part of bitcoin is meant to do the opposite of what the government does. Today, bitcoin is an investment for most and an opportunity to earn money online.

bitcoin is suitable to be used as a means of transaction. maybe the purpose of making bitcoin is that the internet has a transaction tool that quickly and reliably. bitcoin is currently actually used as currency on the internet, other than that bitcoin has also evolved into a business tool, so now many companies that need workers who are paid using bitcoin. well, so I think bitcoin made to facilitate people - people to conduct transactions on the Internet

Adoption do rapidly increased because bitcoin features is very useful to people that's why they got easily adopted into it. Money transfers is the main thing why bitcoin is being created, as you can read on Satoshi white paper ,not only that, bitcoin project do already reach or gain extent adoption because there are already merchants do offer and accept bitcoin as a payment.

Also the good benefits for bitcoin is the price increase or movement is fast unlike other type of investment online you can see other investment like gold but it takes a long time to hold before you can make a good profit..  
And it stable than bitcoin.. i am hoping more adoption will happen in bitcoin and i hope that in my country some stores can accept bitcoin as payment..

[krisnt80]

I do believe the main purpose into the creation of bitcoin were to show to people how many they waste into their transactions, bitcoin has exposed the high fees taken by several companies, besides that, showed all what a decentralization might do when no one has plenty control, this makes me thing how would be the others currencies if no one has such power over them.

[Hazir]

The Internet of money bitcoin has created for making a secure transaction without no third party interference. The major advantage of bitcoin exchanges is either there is no transaction fees or very low in price.

Don't use argument of low transaction fees as main pro bitcoin point. Bitcoin transaction fees may vary and sometime reach pretty high numbers.
Yesterday I send transaction containing something like 8 inputs and my fee was more than one dollar.

Plus, many FIAT payment processors won't charge you anything for sending money to your friends or family either (PayPal, Amazon Payments etc.) making them cheaper that bitcoin.

[noictib]

The Internet of money bitcoin has created for making a secure transaction without no third party interference. The major advantage of bitcoin exchanges is either there is no transaction fees or very low in price.

Don't use argument of low transaction fees as main pro bitcoin point. Bitcoin transaction fees may vary and sometime reach pretty high numbers.
Yesterday I send transaction containing something like 8 inputs and my fee was more than one dollar.

Plus, many FIAT payment processors won't charge you anything for sending money to your friends or family either (PayPal, Amazon Payments etc.) making them cheaper that bitcoin.

It is worthless to say that " Bitcoin transaction fees may vary and sometime reach pretty much high "
Because we have the option to pay transaction charge manually ( custom ) .
So bitcoin is a way of payment with small transaction fee

[Hazir]

The Internet of money bitcoin has created for making a secure transaction without no third party interference. The major advantage of bitcoin exchanges is either there is no transaction fees or very low in price.

Don't use argument of low transaction fees as main pro bitcoin point. Bitcoin transaction fees may vary and sometime reach pretty high numbers.
Yesterday I send transaction containing something like 8 inputs and my fee was more than one dollar.

Plus, many FIAT payment processors won't charge you anything for sending money to your friends or family either (PayPal, Amazon Payments etc.) making them cheaper that bitcoin.

It is worthless to say that " Bitcoin transaction fees may vary and sometime reach pretty much high "
Because we have the option to pay transaction charge manually ( custom ) .
So bitcoin is a way of payment with small transaction fee

That is generally true. But by manually lowering transaction fee we are substantially increasing confirmation time.
And if you are stingy to the point of not including transaction fee at all. Transaction you send might be stuck and won't reach its destination.
So tinkering with bitcoin's fees is a risky business and I would rather pay standard fee.

[sakinaka]

For me it was created an an answer to the 2008 crisis. I think that many will agree with me. The date is just magically correlating.

[kiklo]

It was created , so you could pay Hookers with your Cellphone.  
CIA got tired of carrying Cash for their Parties.


 

[Stedsm]

Bitcoin's general purpose for its creation was to provide anonymity to the transactions of two or more parties involved without letting anyone else know that such transaction was held between them, which is why it is decentralized and no one can actually know what is being done between two people.

[PokerFace3]

The Internet of money bitcoin has created for making a secure transaction without no third party interference. The major advantage of bitcoin exchanges is either there is no transaction fees or very low in price.

Plus the currency that trades higher than others, I mean with bitcoins (you give to exchanger) and anything (you take ) you will always have upperhand while with paypal and others exchangers charge high fees, that shows the superiority of bitcoins over others. I think the reason behind creating bitcoins was to make a ordinary person feel special.

[TastyChillySauce00]

it was created because it is trustless that is writed on paper by satoshi, he want to make a trustless system, but people use it also for anonimity, both are good reason to use bitcoin instead of fiat money which are heavily tracked and controlled

if you're reffering to fiat money especially if it's paper money i guess you have made a mistake by saying it's heavily tracked,it's actually can't be tracked but only being controlled by the government,bitcoin is much more easily to be traced than tracing the use of paper money

[ardentvolcanoes]

Bitcoin was created for got profit and changr internet payment method like paypal, web money and more.

i think it is not actually supposed to get profit it was only made to be used as alternative for our actual money and payment method to make transaction much faster and to have a cheaper transaction fee. and maybe they think of it as another way to get profit when they realized that bitcoin has a potential to be a good investment because of its unpredictable price movement.

[manbitcoinlover]

For money my brother. Not only will decentralized currency benefit humankind in the future, the creators of bitcoin are super duper rich right now. I imagine they are billionaires by now. Perhaps, they did not predict the amount that bitcoin will rise, but maybe they did dream about it. Now this dream is a reality. People who entered the BTC game when they were worth pennies and stuck with it without selling them, are set for life.

[Positid]

It was created , so you could pay Hookers with your Cellphone.  
CIA got tired of carrying Cash for their Parties.


 

That was just part of the benefits, admittedly I love girls I mean hot chick but there's no such kind service yet in our country. If ever there will be available I would be the first person to use my bitcoin for hookers in our country. That's why it's called freedom.

[ivanst776]

If we think about different currencies - Bitcoin is a real step forward. It is not supported by gold or something else. It depends a lot on whether people use it and believe in it.
For which purposes you think Nakamoto created Bitcoin? To earn a lot of money? Or just to create something new?
Maybe, he wanted to show the different nature of money and that it doesn't need government to exist, for example?
What are your thoughts on the topic?

I consider bitcoin as the biggest innovation in the economic area and I think Nakamoto created/invented it to make people feeling more free.

By using bitcoin you see how much the freedom worth and how comfortable are you when making bitcoin payments.

Of course bitcoin is not preferred by all people and I think the governments don't like bitcoin because people can escape taxes.

[JasonXG]

If we think about different currencies - Bitcoin is a real step forward. It is not supported by gold or something else. It depends a lot on whether people use it and believe in it.
For which purposes you think Nakamoto created Bitcoin? To earn a lot of money? Or just to create something new?
Maybe, he wanted to show the different nature of money and that it doesn't need government to exist, for example?
What are your thoughts on the topic?

You really should read and learn before asking stuff like this. Bitcoin was created to be a currency for the people no matter where you are or lice as long as you have a PC the software and a connection to the internet you are set. No need for banking registrations or documents or fees to spend tour own money. Bitcoin was made to be in the hands of the people and not the corporate banks or the government.

[wuvdoll]

I think bitcoin was created so that we can have an alternative and better kind of currency. You can avoid getting taxed when you're using bitcoin. It's fast and reliable too. You can easily send money abroad with just a few clicks. Bitcoin is decentralized and that just means that a part of bitcoin is meant to do the opposite of what the government does. Today, bitcoin is an investment for most and an opportunity to earn money online.

The basic aim for creating bitcoins was that people can have a currency which they own, they control yet they cannot hack it or scam with it. The idea of decentralization has made most of the users adopt bitcoins.
I personally think right now in market there is no currency that is transparent (we can check balance ) yet secure as hell.

[carlerha]

I think bitcoin was created so that we can have an alternative and better kind of currency. You can avoid getting taxed when you're using bitcoin. It's fast and reliable too. You can easily send money abroad with just a few clicks. Bitcoin is decentralized and that just means that a part of bitcoin is meant to do the opposite of what the government does. Today, bitcoin is an investment for most and an opportunity to earn money online.

i think there are no taxes as  bitcoin is still not consider as a legal currency by most of the countries, but once it become a global currency then government will surely impost tax on bitcoin and it will no longer remain a tax free currency.

[Mr.grin]

I think bitcoin was created so that we can have an alternative and better kind of currency. You can avoid getting taxed when you're using bitcoin. It's fast and reliable too. You can easily send money abroad with just a few clicks. Bitcoin is decentralized and that just means that a part of bitcoin is meant to do the opposite of what the government does. Today, bitcoin is an investment for most and an opportunity to earn money online.

i think there are no taxes as  bitcoin is still not consider as a legal currency by most of the countries, but once it become a global currency then government will surely impost tax on bitcoin and it will no longer remain a tax free currency.

Well, perhaps correctly, that it was made as an alternative bitcoin as a payment on the internet. however, the potential of which is shown bitcoin is greater than that, and it was able to make another payment like paypal displaced. Well, probably the main purpose of which is to be made bitcoin global currency