For what was Bitcoin created?

[vindicare]

Bitcoin was created to avoid any government interference all of us know they can control it easily but not Bitcoin. It is decentralized not like fiats and that's the big advantage of creating Bitcoin.

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[el kaka22]

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.

Correct with the very low transaction fees but for the exchange of slow sending and is getting scary when it takes too long so many will just prefer the higher fees. But as it goes on I think it will also grow in price, getting expensive in the future.

Yeah another awesome feature, which other e-currency processor allows you to choose your own fees ? That's just bitcoins. Reason behind creating bitcoins by Satoshi was to give people some currency that was irreversible and transparent, maybe because Satoshi saw some scams that involved paypal and others and he thought lets create something unique.

[Bitcoinsummoner]

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.

Correct with the very low transaction fees but for the exchange of slow sending and is getting scary when it takes too long so many will just prefer the higher fees. But as it goes on I think it will also grow in price, getting expensive in the future.

Yeah another awesome feature, which other e-currency processor allows you to choose your own fees ? That's just bitcoins. Reason behind creating bitcoins by Satoshi was to give people some currency that was irreversible and transparent, maybe because Satoshi saw some scams that involved paypal and others and he thought lets create something unique.

I think it is more safe to use paypal because you can start your own charge back or dispute if you are receive nothing or missing part or any possible reason that you should give the proof that you are telling the truth..  unlike in bitcoin after sending you can reverse it back if someone are giving a wrong item or goods sometimes they are run and you can not contact it anymore this is what scammers want in bitcoin and i think this is not the reason why satoshi make bitcoin.
This is just part of his project and make a name in the internet also for his business.. this is i think the purposes..

[bitbunnny]

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.

Correct with the very low transaction fees but for the exchange of slow sending and is getting scary when it takes too long so many will just prefer the higher fees. But as it goes on I think it will also grow in price, getting expensive in the future.

Yeah another awesome feature, which other e-currency processor allows you to choose your own fees ? That's just bitcoins. Reason behind creating bitcoins by Satoshi was to give people some currency that was irreversible and transparent, maybe because Satoshi saw some scams that involved paypal and others and he thought lets create something unique.

Yes, you can choose your own fees but sometimes that.is not the best solution because if you pick the fee below recommended your transactions may never be confirmed. But stil you have the choice.
Bitcoin was probably designed as a alternative to current financial system and currencies, this should be a currency outside the centralized and corrupt banking system.

[socks435]

Bitcoin was created to avoid any government interference all of us know they can control it easily but not Bitcoin. It is decentralized not like fiats and that's the big advantage of creating Bitcoin.

Yeah i agree that is why they are creating it because they want freedom we know many people are want freedom to use their money online or without any hassle like other currency online that it takes a long time to process before you can use them. also the good benefits is the price increase and the transaction are anonymous.

[richmcrich]

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

Yeah actually if someone tells us that he has 2000$ we would either not trust him (because screnshots can be faked ) or if he gives access to account we can hack it, but with bitcoins we can check his balance while at the same time we don't even know where he lives or who is he !!  I have been a fan of this particular feature

[Shenzou]

Bitcoin was first created to replace currency on the internet , it was made to make shopping and trading online easier,but creating something like this they had to make it more safer but instead of it being used for good bitcoin became something used by drug dealers and hackers since it provide anonymity 

[Monnt]

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

The reason for creating bitcoins might be to give a chance to everyone becoming rich without really investing much. I am really glad for the early adopters just one thing I am upset with is when bitcoins were created was there was no big promotion in my country and city. I really regret not buying bitcoins when it was cheap.

[groll]

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.

Even me, before i also ask myself, why nskamoto xreated bitcoins? whst is his purpose? That was before when i do not know the use and advantages of bitcoins. But now ivd realise maybe bitcoin was created because nakamoto want to create money on internet, a digital currency that can be an alternative to fiat or paper money, nakamoto did not failf because bitcoins now has its uwn value like the real money.

[RajaJudi]

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 Nakamoto created bitcoin in order to contribute a new kind of cryptocurrency which can be used fast and anonymously. Beyond that, Bitcoin users do not need to pay tax to use Bitcoin. And because of these reasons, Bitcoin is getting more and more popular than ever. One day, Bitcoin will be the new currency which is accepted all over the world

[Capradina]

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 Nakamoto created bitcoin in order to contribute a new kind of cryptocurrency which can be used fast and anonymously. Beyond that, Bitcoin users do not need to pay tax to use Bitcoin. And because of these reasons, Bitcoin is getting more and more popular than ever. One day, Bitcoin will be the new currency which is accepted all over the world

]

It does something right. However I noticed that the goal is not the rather nakamoto to provide a view that all the things we do between other countries could be done in the bitcoin in all circumstances which we are doing. All this is a concept that is very good and I thought if all countries know the true intent of nakamoto then I'm sure they will give you the best solution and no doubt bitcoin will experience growth that is very large

[n0ne]

When bitcoin was created, it was used as a token for transaction purpose. This eventually with its potential evolved more than a transaction processor and got accepted as a currency as well an high profiting investment.

[The_Dark_Knight]

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.

Be careful, avoiding taxes can be really bad, if you live in a third world country it is likely that your government does not have what is necessary to prosecute you, but in a first world country that can get you in jail for a long time.

[mirakal]

Bitcoin was created for us, to help the humanity and the world to save expenses on the transaction fee and to make a certain transaction faster. IMO, it's just a currency not need to be legalize, and with bitcoin there is freedom we can use our bitcoin without government intervention.

[Monnt]

Bitcoin was created to avoid any government interference all of us know they can control it easily but not Bitcoin. It is decentralized not like fiats and that's the big advantage of creating Bitcoin.

I think everyone has their own opinion but to me I think bitcoin is created for the purpose to have one same currency in all over the world and having same value everywhere. Bitcoin may also be created for online uses also as we can see that it is more convenient for online shopping and trading.

[The_Dark_Knight]

Bitcoin was created to avoid any government interference all of us know they can control it easily but not Bitcoin. It is decentralized not like fiats and that's the big advantage of creating Bitcoin.

I think everyone has their own opinion but to me I think bitcoin is created for the purpose to have one same currency in all over the world and having same value everywhere. Bitcoin may also be created for online uses also as we can see that it is more convenient for online shopping and trading.

I have always thought that having a single world currency to be a major mistake even if that currency happen to be bitcoin since if that currency were to fail the whole world economy will crumble with it.

[staff_1307]

Yes, indeed, Bitcoin is a step forward. It's fast, cheap, no refund, your personal data can not be stolen, there is no inflation, do not trust anything to anyone and he belongs to you.

[zahra4577]

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?

While it is not possible to give the exact reason why bitcoin was created but as a famous quote by M.D.K Gandhi goes "Necessity is the mother of invention" I believe it was created to ease the flow of money without any barrier or intermediary to any part of the world

[lOvE mE forEvEr]

the main purpose of course for benefits, already many peoples are wealthy because bitcoin. for me, with bitcoin make some earning although only a little.

[Ereacia]

the main purpose of course for benefits, already many peoples are wealthy because bitcoin. for me, with bitcoin make some earning although only a little.

Its for me the same reason and I think with enough patient there is a chance that we can make some big numbers after a while.