For what was Bitcoin created?

[millgates]

I think bitcoin was created for business of the family satoshi, then they found out that bitcoin can help more people to support or to help to provide some financial who are working hard in bitcoin community.

I dissagree with you, I think even satoshi is not control bitcoin anymore. I think bitcoin is craeted to be currency that appropriated for us now and help the business to grow faster.

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[nasipadang]

I think bitcoin was created for business of the family satoshi, then they found out that bitcoin can help more people to support or to help to provide some financial who are working hard in bitcoin community.

I dissagree with you, I think even satoshi is not control bitcoin anymore. I think bitcoin is craeted to be currency that appropriated for us now and help the business to grow faster.

The purpose was created bitcoin is a response to the weaknesses in cash and credit cards, like no fee, security, Neutral and transparent to facilitate.

[Rahar02]

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?

An alternative payment which has p2p system, my first thought was a transparent transaction to everyone without revealing user identity (anonymous). The idea of course to created decentralized currency without interfere of Central banks or government to rule it.

[Rishabh riyz]

 I think that bitcoin was created so that we can move to an advance and modern era of using crypto currencies
so that we shift from fiats to digital currencies

for transactions in which we don't need to reveal our idenity and go smoothly

the banks could not freeze our accounts now and we could actually use our money in the way we want 

so that miropayments across the globe would become possible without high taxes

as it is decentralised so no single person can control it and so government or other banks just do not interfere

[pinkpanther03]

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.

Probably not all community, Altcoin in some other ways has positive side. Like for me, I'm one of the community here that don't have a capability to buy 1 bitcoin directly especially now the price is too high, only can't afford people can buy it. But with altcoin, I can buy for a cheap price then it could be multiply x10 or more. Then with it happen to sold it, I had now a capability to avail buying of bitcoin aven a little bit. Though most of alts are shitcoins, which i cannot deny it.

[shine1123]

For many things. Nowdays people use bitcoin for many things like for online transaction as the payment, for trading and gambling, online business and many else. I think bitcoin created for a payment like paypal in the first time, but bitcoin can be used for anything now.

[warwar]

For many things. Nowdays people use bitcoin for many things like for online transaction as the payment, for trading and gambling, online business and many else. I think bitcoin created for a payment like paypal in the first time, but bitcoin can be used for anything now.

Sort of! bitcoin is made like paypal but it is decentralize, fast and effecient way in sending money. Well it is used to that things but not in all situation like paying online transactions it is only few knows bitcoin but some know they will accepts bitcoin as payment. all in all it is made to used for transactions and earn money also

[boybugs18]

When I first tried Bitcoin last year it help me alot about my internet works/hobby such as being able to subscribe to some site that accepting bitcoin and making my identity anonymous. So I think bitcoin is made for anonimity online and for easy access to buy/sell some products but not revealing your personal identity.

[Frank Alister]

For the same reason all the fiat money and cyprocurrencies are created for. It's a much better cyprocurrency than the others tho Don't forget, we are who give value to the things like that.

[azguard]

For many things. Nowdays people use bitcoin for many things like for online transaction as the payment, for trading and gambling, online business and many else. I think bitcoin created for a payment like paypal in the first time, but bitcoin can be used for anything now.

Correct. Now it can be used for anything and it will continue to grow from day to day.
Still most of his usage is in gambling over 60% but that can be changed in time. think that in several year ratio will be 40:40:20, 40 gambling 40 buy/sell and 20 rest of it.

[MFahad]

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 Mr. Satoshi Nakamoto He made Bitcoin to create something new, earning a lot of money is just a secondary of his purpose. Maybe He saw that many people in the whole world suffering poverty because of financial problems. So Bitcoin is one the keys solution and that was happening already now.

to me i think he created the bitcoin only for the purpose of online shopping, but we are using it for investment and really making good money .

i think its not only for the online shopping mate. coz if he created it just for that reason, its not worth it. since there are lot of mode of payments that can be used for online shopping. like paypal perhaps. it is one of the well known or mostly used medium when you pay something online.

Bitcoin is not only created for online shopping, but it has to do something to change the world to the cashless society. This is the digital currency and this will change the whole world economy shift to digital currency.

[KennyR]

I think bitcoin was created for business of the family satoshi, then they found out that bitcoin can help more people to support or to help to provide some financial who are working hard in bitcoin community.

If it was created for the family.. I'm pretty sure that family is going to live off Bitcoin for some decades! It was a very smart idea and I guess he owns a big part of the BTC Rich List. I just cannot believe that some random person was able to code this amazing currency that didn't fail in ANY way!

Its not created to benefit his family and business alone, if so they could have got a patent for the technology or the innovation. That might be true that Satoshi is the one who holds the largest volume of bitcoin that's been mined.

[Bitcotalk]

I think bitcoin was created for business of the family satoshi, then they found out that bitcoin can help more people to support or to help to provide some financial who are working hard in bitcoin community.

If it was created for the family.. I'm pretty sure that family is going to live off Bitcoin for some decades! It was a very smart idea and I guess he owns a big part of the BTC Rich List. I just cannot believe that some random person was able to code this amazing currency that didn't fail in ANY way!

Its not created to benefit his family and business alone, if so they could have got a patent for the technology or the innovation. That might be true that Satoshi is the one who holds the largest volume of bitcoin that's been mined.

You are right sometimes some people create an amazing thing and he do not make it for only his own benefit but his main intention is to benefit the world with a new and convenient technology. Satoshi I think also thought to start a digital currency for the convenient of digital world

[BitcoinPC]

I think bitcoin was created for business of the family satoshi, then they found out that bitcoin can help more people to support or to help to provide some financial who are working hard in bitcoin community.

If it was created for the family.. I'm pretty sure that family is going to live off Bitcoin for some decades! It was a very smart idea and I guess he owns a big part of the BTC Rich List. I just cannot believe that some random person was able to code this amazing currency that didn't fail in ANY way!

Its not created to benefit his family and business alone, if so they could have got a patent for the technology or the innovation. That might be true that Satoshi is the one who holds the largest volume of bitcoin that's been mined.

You are right sometimes some people create an amazing thing and he do not make it for only his own benefit but his main intention is to benefit the world with a new and convenient technology. Satoshi I think also thought to start a digital currency for the convenient of digital world

Satoshi might not even aware that his invention can change the world. It is just like invention of bulb and Wheel which changed the world. Next 50 years and you will see more usefulness and benefit of bitcoins and more world adopting this.

[Tanic]

I think bitcoin was created for business of the family satoshi, then they found out that bitcoin can help more people to support or to help to provide some financial who are working hard in bitcoin community.

If it was created for the family.. I'm pretty sure that family is going to live off Bitcoin for some decades! It was a very smart idea and I guess he owns a big part of the BTC Rich List. I just cannot believe that some random person was able to code this amazing currency that didn't fail in ANY way!

Its not created to benefit his family and business alone, if so they could have got a patent for the technology or the innovation. That might be true that Satoshi is the one who holds the largest volume of bitcoin that's been mined.

You are right sometimes some people create an amazing thing and he do not make it for only his own benefit but his main intention is to benefit the world with a new and convenient technology. Satoshi I think also thought to start a digital currency for the convenient of digital world

Satoshi might not even aware that his invention can change the world. It is just like invention of bulb and Wheel which changed the world. Next 50 years and you will see more usefulness and benefit of bitcoins and more world adopting this.

Yes, I think he even didn't expect such success of bitcoin over the world. I think he create bitcoin just to skip the system and make the life easier.

[Przemax]

In my opinion the bitcoin was created to voice up an opinion about the current financial sittuation. It was designed to be a crowd funding project of rising the awareness of lack of participation how the world economics develops.

It might evolve to or is a scream of a deft person in the middle of the jungle, but it was worth to try at least.

Its like a scream of "Im mad and I wont take this anymore" from a Network movie if someone still remembers.

[the.jack20]

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 do not think they created it to make a lot of money. Because it is not possible to predict that bitcoin will gain such a value. People who create bitcoins are people who want to oppose the system. They wanted to create a transparent system that is not controlled by any power. And they did it.

I heard that bitcoin is just an experiment but they are not expecting that bitcoin can be increase the value more.. this is just like the life of the owner of facebook.. oid you know how facebook start friendster and yahoo is the number use by people because of the owner of facebook is created a facebook that you can chat and post picture and send some pm.. so bitcoin is just like an experiment that didn't expect what will happen in the future..

Experiments have an aim. It may have been experimentally done in Bitcoin at first. But the purpose of this experiment was to change the current monetary system.

Today, bitcoin is far beyond being an experiment. No need to wait for the future. Bitcoin is a technology that has changed our lives even now.

[bestluck]

I think bitcoin was created for business of the family satoshi, then they found out that bitcoin can help more people to support or to help to provide some financial who are working hard in bitcoin community.

If it was created for the family.. I'm pretty sure that family is going to live off Bitcoin for some decades! It was a very smart idea and I guess he owns a big part of the BTC Rich List. I just cannot believe that some random person was able to code this amazing currency that didn't fail in ANY way!

Its not created to benefit his family and business alone, if so they could have got a patent for the technology or the innovation. That might be true that Satoshi is the one who holds the largest volume of bitcoin that's been mined.

You are right sometimes some people create an amazing thing and he do not make it for only his own benefit but his main intention is to benefit the world with a new and convenient technology. Satoshi I think also thought to start a digital currency for the convenient of digital world

Satoshi might not even aware that his invention can change the world. It is just like invention of bulb and Wheel which changed the world. Next 50 years and you will see more usefulness and benefit of bitcoins and more world adopting this.

Yeah he was not aware that how will it spread to the world and what changes will it bring to the world but he only decided for a digital way of finance. He will now be wonder with his work and will want more development for bitcoin and its community.

[d@nte]

I think bitcoin was created to give idea for the improvement and better development of our economy. It is an opportunity that help us to make a transaction easy and convenient, also to pay less fees. If we see its significance deeply, we can tell its all benefits.

I think it's not just an idea. but bitcoin present to be the option that makes it easy currency in transactions fast and long distances though. and also a profitable investment for everyone

Probably not for everyone, the price may rise but it's not expected that everyone is making money with that price increase. Everything requires to do it with timing, we have to follow what basic principle tells us to do which is to" buy low and sell high", no specific price as it depends on how we manage it.

Unfortunately, this occurs in any market. The best thing to do is to strive to be among the first who understand the events that define market directions. Even if the forecasts can not be made accurately, the greater the knowledge, the lesser risks of suffering major financial losses. It is also important not to get discouraged in the first steps, which are usually more difficult. Even the most successful traders have experienced problems in the early stages.

[mrkevio]

I think bitcoin was created for business of the family satoshi, then they found out that bitcoin can help more people to support or to help to provide some financial who are working hard in bitcoin community.

If it was created for the family.. I'm pretty sure that family is going to live off Bitcoin for some decades! It was a very smart idea and I guess he owns a big part of the BTC Rich List. I just cannot believe that some random person was able to code this amazing currency that didn't fail in ANY way!

Its not created to benefit his family and business alone, if so they could have got a patent for the technology or the innovation. That might be true that Satoshi is the one who holds the largest volume of bitcoin that's been mined.

You are right sometimes some people create an amazing thing and he do not make it for only his own benefit but his main intention is to benefit the world with a new and convenient technology. Satoshi I think also thought to start a digital currency for the convenient of digital world

Satoshi might not even aware that his invention can change the world. It is just like invention of bulb and Wheel which changed the world. Next 50 years and you will see more usefulness and benefit of bitcoins and more world adopting this.

Yes, I think he even didn't expect such success of bitcoin over the world. I think he create bitcoin just to skip the system and make the life easier.

He created it and I do not think it was just a random idea that he planned.. I guess Bitcoin was the result of years of work, not just a few days because there are no issues with it, it's just perfectly created. He should've known the potential of it since he released it online, because Bitcoin can be used for so many things. I just think about it and I already get dozens of situations and ideas where Bitcoin can be used. I think Satoshi was a person who wanted freedom and anonymity. It doesn't mean he is a criminal, he probably wanted to only stay away from the control.