The BitCoin Cause

[naughty1]

as I know, initially, when the economic crisis took place, and on a pole. currency depreciated a lot, so, a few people got together research and put forward the idea of Bitcoin. which here is seen as a convertible currency to keep the value of real money in that time, the aim is to minimize the damage from the global economic crisis. That is the information I know. That is the cause appeared Bitcoin

[coynedterm]

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

The founder of bitcoin is satoshi nakamoto , His motive to make Bitcoin was not to spread his network of bitcoin all over the world through internet .
Actually satoshi wants to show his talent of programming , He wants show that he can make a better banking system in the world which is much powerful and trusted in comparison of the traditional banking program of the whole world .Finally he proves his best and proved that bitcoin is a more big thing in the bitcoin network which is more time powerful and trusted than bank .

[doomistake]

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

Bitcoin was made to be used by people here online as a virtual money, without being manipulated by the Government since they are stealing our money, I mean some of them are stealing our money secretly, so that is why bitcoin was invented by Satoshi Nakamoto. Making the bitcoin as a decentralized coin and everyone can use it, is one of the great reason why we love using it.

And since bitcoin is already popular all over the world, we, all the bitcoin users are just waiting for the Government to accept this coin as a payment for every transaction that we are going to make in our everyday living, though in my opinion, it would not worth it if we are going to use bitcoin on our daily basis, because bitcoins price is always fluctuating and nowadays it never gets low on $1000.

So my point is, if we are going to use it everyday, we are like wasting the profit that we could earn out of it every time that its price would go up higher than its price before, so, it would be wise if we are going to convert it in fiat first in order to not lose any profit that we could have on bitcoin.

[LittleBitFunny]

It was sort of like that - it was the idea of a decentralised currency, one which didn't have to go through the Government and which is given value by the people who use it.  It's also great because you don't need to give any private details to send Bitcoin to people over the Internet and therefore it's anonymous (not fully but to some extent).

Unfortunately due to block size issues etc Bitcoin is becoming very inconvenient for people to use in everyday or casual transactions - using my Blockchain wallet, I raised the transaction fee from their default but my small transaction has 0 confirmations after over an hour.

[Juggy777]

When I read your title I thought you were seriously speaking about a cause, but this is again a thread questioning the way Bitcoin can be used. Look op Bitcoin was created as a currency that was meant to be decentralised and since it's a currency and it can be used any way the people want it, so there no need to find the way it was for or what people can or should do. This is a free currency and it can be used freely so no need to tell people what to do, cause they will do what they wish to do. I feel you should have made a thread to find ways how to spread Bitcoin in the outside world. Especially when plain words are failing to spread the word.

[PeRo]

Well, it is a currency, like any other so I guess it was made for spending. Sure, it has a moving price and it can cost 10$ or 1000$, but it does not change the fact that it is a currency, not only an investment. It isn't safe to use because of the price, but you can also use that to pay less.

[uneng]

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

Bitcoin is to buy anything you want. We aren't doing this now for two reasons: few stores accept it as payment and it's not a smart idea to use bitcoin as currency now, as the price is increasing even more, if we spend it, we won't make profit by holding.
In the future, when the price become stable we will use it as normal currency like any other. Until there we will just hold it and use rarely to pay for some stuff and online services.

[JasonXG]

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

Being a full member you should actually know this by now. But since you just ask...
Bitcoin was created to be decentralized and not having to rely on anything or anyone on a trustless network. Noone owns it. Noone owns your wallet it's fully in your control unlike a bank where your money is in there accounts and they use it to make a crap ton with investments.

[BitFinnese]

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

I think Bitcoin was created to escape from the grasp and control of the financial institution.  The feature of being decentralized showing us that each one can use a currency that is out of control of the established financial institution.  To show the world that people does not need bank to asses them in transfering money or purchasing online.

[the.jack20]

I didn't know what is in the mind of a cryptographer called " satoshi Nakamoto before creating bitcoin but from it nature we can easily understand what he has in mind. Bitcoin is a decentralized currency, it's not subject to conventional currencies, no government can control it, it's not subject to Government regulations authority such as bank and others financial regulatory authority.

I wish Satoshi shared his goal of creating a bitcoin. We are making comments based on the results that bitcoin created. Satoshi may not have thought about these things. The aim was to create a digital money that was easy to use. But in time, he may have created effects that he can not even think of.

Well we can never tell what is he thinking right now, but I am very thankful to him and we are all very lucky in experiencing this kind of opportunity of having and knowing bitcoins was one of the best experience I ever had that is why I am very thankful to him, and we all should be thankful if he doesn't share to anyone what his goals with bitcoin I think he had something important to do than getting involve and show himself to the public.

The Internet has revolutionized the Internet for the first time when it is opened to the use of ordinary people.
Bitcoin is also doing the same revolution. So innovations that have brought in payment systems are as exciting as the first appearance of the internet.

[Windpower]

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

Bitcoin was created so that everyone could move away from fiat and banks and instead use a decentralized currency that is completely anonymous. Some might say that it is a pyramid or ponzi scheme, but it definitely is not. I think that it is has definitely done it's job, to a certain extent, because a lot of people are now using it online as their main form of currency instead of fiat. Bitcoin is made for everyone to use, if you are smart enough to invest into it, then you should definitely use it.

[YuginKadoya]

I didn't know what is in the mind of a cryptographer called " satoshi Nakamoto before creating bitcoin but from it nature we can easily understand what he has in mind. Bitcoin is a decentralized currency, it's not subject to conventional currencies, no government can control it, it's not subject to Government regulations authority such as bank and others financial regulatory authority.

I wish Satoshi shared his goal of creating a bitcoin. We are making comments based on the results that bitcoin created. Satoshi may not have thought about these things. The aim was to create a digital money that was easy to use. But in time, he may have created effects that he can not even think of.

Well we can never tell what is he thinking right now, but I am very thankful to him and we are all very lucky in experiencing this kind of opportunity of having and knowing bitcoins was one of the best experience I ever had that is why I am very thankful to him, and we all should be thankful if he doesn't share to anyone what his goals with bitcoin I think he had something important to do than getting involve and show himself to the public.

The Internet has revolutionized the Internet for the first time when it is opened to the use of ordinary people.
Bitcoin is also doing the same revolution. So innovations that have brought in payment systems are as exciting as the first appearance of the internet.

Well the main center really was the internet and I think if it is not because of the internet bitcoin would not really possible and we are in the age of the Online world right now and it is really convenient for us in the bitcoin community and if the internet would be gone so does bitcoin!