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Author Topic: The primary idea of bitcoin  (Read 1287 times)
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July 21, 2018, 04:31:56 PM
 #121

I think the primary idea of bitcoin is to improve more our knowledge and to gain and earn money in terms of financially to help people who have problem in life either its simple or hard.
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July 21, 2018, 04:55:25 PM
 #122

Only Mr. Nakamoto could answer this question exactly. But I speculate the primary idea of Bitcoin would be to have autonomy when dealing with money, without the necessity of having a central authority behind it. I think it's not about making "social justice", it's not about taking money from riches to give to poors. It's all about fairness and autonomy, simple concepts that should be respect and agreed by everyone around.

 
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Nnedaddy1
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July 21, 2018, 05:06:19 PM
 #123

Personally, I think the initial idea why Natoshi created the bitcoin cryptocurrency is to make business transactions on the virtual space seamless. To have a currency that is centralised and free from manipulation whatsoever.
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July 21, 2018, 05:12:51 PM
 #124

The primary idea of bitcoin is to get relevance because if it's getting relevant ,more people will be follower of bitcoin
and this will give it more relevant in the world of cryptocurrency.
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July 21, 2018, 05:16:14 PM
 #125

The main idea of bitcoin has always been the same, just to replace cash and to be a decentralized tool, but it is now used as a commoditie that is used for making money purposes, and that is the reason of why it has changed a lot during the last few months

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July 22, 2018, 01:52:49 AM
 #126

Bitcoin has taken over the world with its power of what it can do in this digital world and as it grows in every corner of the world legally. Bitcoin is the future that will change the way digital finance works in the coming generations. To my knowledge, we really did not achieve that. Another goal is to reduce the gap between the poor and the rich in society without achieving some expansion because today we find that most of the bitcoin owners do not hold until it reaches the potential. Full of financial problems but rich have that problem so they have the ability to invest and hold long term bitcoins.
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July 22, 2018, 02:05:07 AM
 #127

Yes, many kinds of coins and many airdrop appear with interesting project but through the time I do this job, I just see that people join airdrop to get money but not use it to support our society. I'm so sad about this fact.
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July 22, 2018, 05:07:59 AM
 #128

Another goal is to reduce the gap between the poor and the rich in society without achieving some expansion because today we find that most of the bitcoin owners do not hold until it reaches the potential. Full of financial problems but rich have that problem so they have the ability to invest and hold long term bitcoins. I think most importantly, the possibility of bitcoin is ending with cash. Unfortunately, individuals do not want to spend bitcoin, with the light of the fact that "it may be worth more after this," so they simply keep it in their wallet or conjecture it on the deal. . Everyone sees the bitcoin is effective on its account of the cost, however as I will see it flops as a money.
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July 22, 2018, 10:07:10 AM
 #129

Nakomoto thought something that will change the world by giving out some sort of advanced technology using cryptocurrency. I have seen how great and how far this technology been doing in someone's life with paperless transactions.
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July 22, 2018, 10:40:51 AM
 #130

Nakamoto primary idea was create a new digital currency that is not physical like fiat currency also he want to come with a new technology of virtual currency which peoples can easily access by internet and store online. Ur theory of equality of society is not right because he only think about technology and if we see today condition peoples who have money then they can buy bitcoin, how poor peoples can buy 7000$ of bitcoin.
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July 22, 2018, 10:44:25 AM
 #131

I think that the primary idea of btc is to get it for the long-term hold. I think that it is better to get it for about one year and wait until the price becomes stable and improve compared to the primary idea
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July 22, 2018, 10:55:33 AM
 #132

Decentralization. And putting the financial power back in the hands of the people.

And offer a relief from the unfair financial system
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July 22, 2018, 10:56:50 AM
 #133

Actually, i believe the decentralized dream of Nakamoto is still on course and for if bitcoin continues for a long time we might see a true bridge in the gap of the poor and rich. This digital currency will bring a sign of relieve to the world as a whole.
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July 22, 2018, 01:16:21 PM
 #134

From the time you were born you have arisen and are owning some of your country and government debt. I think that is the main goal of Bitcoin. Bitcoin has become a means of payment in steam games, but after bitcoin prices are down, they no longer use it again. That's because bitcoin is now a profitable digital asset because its oscillation and downs are very significant.
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July 22, 2018, 01:30:34 PM
 #135

I my opinion, the primary & main objective of bitcoin is a decentralized concept to lessen any authentication of the user so that no one can dictate any transaction within. On the other hand, the use of bitcoin is changing over a period of time. Nowadays bitcoin used in different modes of payment.
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July 24, 2018, 07:21:51 PM
 #136

I think the primary idea of bitcoin is to reach out to all countries across  the world for business transaction and to gain more profits.
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July 24, 2018, 07:35:35 PM
 #137

Hello Everyone, in my opinion, Bitcoin has a very powerful purpose to serve in this economical growing world. where everything is running financially. The sole purpose of Bitcoin is to compress money in a small matter where most of the finances are under a small coin Digitally.The situation is much similar if we consider other objectives of Bitcoin but we can hope it will change much in the near future due to huge attraction among general public into the cryptocurrency world.
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July 24, 2018, 08:48:55 PM
 #138

as in my opinion so the main idea of bitcoin is first of all new money and then already as an asset, and it's not for nothing that bitcoin is called digital gold, because bitcoin is a new and unique type of money compared to other currencies! Which will soon show the whole world and all people will use the bitcoins!
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July 24, 2018, 09:52:46 PM
 #139

The primary idea of   ‎Satoshi Nakamoto was to make a digital currency which is decentralized and can be used to make transactions from any part of the world. He wanted to solve the limitations of physical fiat used and also provide a system which can't be corrupted.
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July 24, 2018, 09:59:13 PM
 #140

The situation we have today is very different from what the idea of Satoshi could have been. People are more interested in enriching themselves today. Besides, it is the rich who profits most than the poor.
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