For what was Bitcoin created?

[kryptqnick]

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?

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[unamis76]

You've already replied to yourself, it certainly was to show that a currency can exist without central control or any kind of government, and he also wanted to make a way for people to escape the (corrupt) fiat banking system.

[bitbunnny]

You've already replied to yourself, it certainly was to show that a currency can exist without central control or any kind of government, and he also wanted to make a way for people to escape the (corrupt) fiat banking system.

Exactly. The first and basic purpose was to create independent, decentralized currency without bank or governement control. I don't think that profit wasw his (only) goal but that came along. Many people thought that Bitcoin and such decentralized, uncontroled system that doesn't relay on all sorts of manipulations couldn't survive. But they were wrong, Bitcoin was success and proof that banks are replacable.

[Doamader]

Bitcoin besides being decentralized, and has value, and banks and countries hasnt no power at it, just us people and some investors, and look the value of 1 bitcoin its 600 dollars and soon will reach the 1000 dollars, and i believe it will cross the gold value on the next 10-15 years. Bitcoin return the power to people of the money as in the past, before banks act and countries with regulations, the ammount wasted and stoled from politicians would avoid any financial problem if the system were like bitcoin, able to all know and see where the money is going.

[SmartIphone]

I think that people here are more worried why all those altcoins are created every day rather than asking for bitcoin.
Bitcoin is a new innvoation and it's made to have a freedom of our money and making transactions less costly.

[unamis76]

I don't think profit played a role. Although we cannot be sure if Satoshi was greedy or not as we do not know him, he went away way before Bitcoin value went stratospheric and he hasn't come back since as far as we know. At least he did not spend his coins.

[Doamader]

I don't think profit played a role. Although we cannot be sure if Satoshi was greedy or not as we do not know him, he went away way before Bitcoin value went stratospheric and he hasn't come back since as far as we know. At least he did not spend his coins.

If he were a greedy person he would had sold his coins when they went to 1000 dollars bubble and even now, but the coins keep there, i dont know if there is any other wallet he had in the past, but greedy he isnt otherwise why would he let the 1000dollars opportunity run away, he made something he didnt know it would turn into what its bitcoin nowadays.

[Backside walkaround]

It's funny, because *everything* depends on people believing in bitcoin.  It's not backed by debt, governments, central banks, or gold or silver.  It doesn't physically exist.  Bitcoin is so strange to me, but the community is so hardcore.  But yeah, it was created to transcend governments and banks, and it's doing a damn good job, I'd say.  Not that bitcoin users are spending it like money, because I'd say most are not, but it's been adopted in the nerd community and the dark markets.  That's definitely something.

[swogerino]

I don't think profit played a role. Although we cannot be sure if Satoshi was greedy or not as we do not know him, he went away way before Bitcoin value went stratospheric and he hasn't come back since as far as we know. At least he did not spend his coins.

If he were a greedy person he would had sold his coins when they went to 1000 dollars bubble and even now, but the coins keep there, i dont know if there is any other wallet he had in the past, but greedy he isnt otherwise why would he let the 1000dollars opportunity run away, he made something he didnt know it would turn into what its bitcoin nowadays.

Would that person be driven by greed or was that person just smart when he knew when it was the right time to buy when it was low and then sell when it was high? That is done by stock traders every day. So what is the difference? It is not a greedy person but one that can read the market and then takes the initiative to capitalize on it's potential.
Nothing wrong in doing that.
No insider trading required to do it.

[shinratensei_]

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?

That's so simple... in my opinions, satoshi is wanna be for making a bitcoin caused by he has got an inspiration from the people in a real life is always using a banking for making an online transfer, and satoshi is looking for a simple way to fixing the problem and the human can do the digital transfer with more simple in method.

[danherbias07]

You've already replied to yourself, it certainly was to show that a currency can exist without central control or any kind of government, and he also wanted to make a way for people to escape the (corrupt) fiat banking system.

Top answer and the simplest one. I will just add up the transaction fees that are lower. This are for a good way to introduce bitcoin. Somehow they find it not easy to understand but giving them an easy reasoning to why use it can make them inviting to people eyes.

[ether19]

I will have to agree with most of the users here, Satoshi should have created Bitcoin to show people that they can transact with  something without the need of banks and get a high level of security.

Bitcoin cannot be used to fight corrupt politicians as these same politicians can use others forms of value for their illicit activity.

Considering the fact that bitcoin runs on block chain and it is the most successful experiment to be conducted on a Block chain...the best part about why Bitcoin was created is that, Perhaps satoshi wants to show the world what "Block chain Technology" can do. He is a Visionary and should have seen what the world would be when it has adopted the entire Block chain technology in the coming years.

[takingthis4]

i think bitcoin was created as an alternative for money in order to replace the horrible financial system we have right now

[JITENDERPAR3]

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 think it is created only for better payment system . and i think his idea also became successful of making payments system very easy for whole aboard the world .
thanku nakamato .

[jerowacik]

I think bitcoin designed to facilitate financial transactions in the world. with bitcoin everyone can access their money wherever and whenever they are. bitcoin provides simplicity.

[PantminerS7]

Something along the lines of https://bitcoin.org/bitcoin.pdf

Short version: "electronic transactions without relying on trust"

[odolvlobo]

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?

Perhaps the Bitcoin white paper provides the answer you are looking for?

Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments.  While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model.  Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes. The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there is a broader cost in the loss of ability to make non-reversible payments for non-reversible services.  With the possibility of reversal, the need for trust spreads.  Merchants must be wary of their customers, hassling them for more information than they would otherwise need. A certain percentage of fraud is accepted as unavoidable.  These costs and payment uncertainties can be avoided in person by using physical currency, but no mechanism exists to make payments over a communications channel without a trusted party.

[coynedterm]

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 think it is created only for better payment system . and i think his idea also became successful of making payments system very easy for whole aboard the world .
thanku nakamato .

you are right but i think it is only made for some othet reasons also . like it there was some need to make online interenet money which should be simple to use and handle and i think he is successful to do the same .

[VanDeinsberg12]

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?

Bitcoin was creating for making the human life in the digital world is more than simple, there no an enough facility for the human is making their digital life is be more easier. this is just a revolutioner things for the digital world through bitcoin by satoshi and satoshi are wanna for making an payment system in digital world be a more effective and can securing their user's data.

[densuj]

There are many explaining about aim of bitcoin be created, so let me for giving my opinion too at here, the bitcoins be created for making transaction around the world with fast,secure,low fees and it will become money in the future, it is free there are not regulator for bitcoin.