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Gudhal Untu
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April 20, 2018, 03:35:43 PM |
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The purpose of bitcoin created is to look at the increasingly troublesome transaction conditions, we all know that global transactions will continue to increase so that a better and simpler payment solution is needed and bitcoin is the solution.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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virasog
Legendary
 Offline
Activity: 2982
Merit: 1161
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April 20, 2018, 03:37:40 PM |
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Main reason to create bitcoin for easiest transaction online payment system. Bitcoin is digital currency in the worldwide people are using for earn extra incomes. Its helping and give opportunity to the poor people. Actually Bitcoins created big change in Online transaction and payment system in worldwide, its change the ecosystem.
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GawirZZ
Newbie
Offline
Activity: 168
Merit: 0
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April 20, 2018, 03:38:44 PM |
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bitcoin made to raise the world of technology, especially in terms of transactions, bitcoins are made to facilitate someone when transacting. bitcoin is also made for the world's economy to increase because it can be traded. bitcoin is also made to become a digital currency that is recognized by the world.
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cryptohacker29@
Newbie
Offline
Activity: 77
Merit: 0
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April 20, 2018, 03:41:39 PM |
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The purpose of the Bitcoin is to nullified paper currency because it takes lots of money to publish a currency. But crypto is a one time making till the world existence.
But crypto is failing just on its security.
If someday it overcome it's failurism then the paper currency will be gone forever.
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dvmd
Newbie
Offline
Activity: 134
Merit: 0
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April 20, 2018, 03:56:34 PM |
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As far as i know Bitcoin is a cryptocurrency and worldwide payment system. Bitcoin is created worldwide for me, for you, for him, for her for them and for all the people who are involve and doing bitcoin in order to help us improve our lives.
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mustafizur8400
Newbie
Offline
Activity: 86
Merit: 0
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April 20, 2018, 04:01:45 PM |
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It was created to over come the drawbacks of fiat currency or paper money like devaluation of currency against other one and other problems arising from different monetery and fiscal policy applied by government in different countries.
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freakdust123
Newbie
Offline
Activity: 280
Merit: 0
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April 20, 2018, 04:02:32 PM |
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Bitcoin is created because it is used for gambling at first. Gamblers uses this idea to transparant te transaction and avoid any cheating in various ways.
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hoavantathan
Newbie
Offline
Activity: 196
Merit: 0
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April 20, 2018, 04:09:49 PM |
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Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created? Here are some reason : * To change the perception of all people about the digital currency. * To improve the payments and transactions and in the internet world. * To become the image of money around the world. * To protect or hides the identity of the user, for security purposes. * To give an opportunity to all people around the world to earn a secondary income. * To upgrade the currency because everything in this world is now upgrading. SHARE YOUR THOUGHTS  If this post is worth of your merit, Thank you i read on wikipedia to know about crypto and BTC so i agree with you |
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Ruma
Copper Member
Newbie
Offline
Activity: 372
Merit: 0
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April 20, 2018, 04:10:55 PM |
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Bitcoin has been created for the more poor people. Many people earn livelihood from Bitcoin. I think Bitcoin can change our life.
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JC btc
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April 20, 2018, 04:11:49 PM |
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As far as i know Bitcoin is a cryptocurrency and worldwide payment system. Bitcoin is created worldwide for me, for you, for him, for her for them and for all the people who are involve and doing bitcoin in order to help us improve our lives.
We don't know exactly what is the main reason why cryptocurrency was created especially bitcoin, maybe it is destiny that we have to face changes and that is to level up our currency system in the whole world, actually it will be a big innovation that could happen in our life. |
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Udrujec
Member
Offline
Activity: 308
Merit: 12
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April 20, 2018, 04:22:51 PM |
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I think that bitcoin is designed to simplify our lives, make our money transactions more convenient and secure.
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Emran4567
Newbie
Offline
Activity: 182
Merit: 0
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April 20, 2018, 04:32:22 PM |
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Bitcoin was created for the poor people that dont get a job because bitcoin is just easy to get a money you just need to be diligence but first of all you need to study about bitcoin so that you'll get it easily to get a money/token in bitcoin and bitcoin can pay your bills.
but why bitcoin is created?
Here are some reason :
* To change the perception of all people about the digital currency.
* To become the image of money around the world.
* To protect or hides the identity of the user, for security purposes.
* To give an opportunity to all people around the world to earn a secondary income.
*To probably because it's a way for the users to take control of their own money.
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IsabelCornd
Newbie
Offline
Activity: 154
Merit: 0
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April 20, 2018, 05:06:59 PM |
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One person or group of people just got an idea about crypto and realized it. We got new way of economy and also blockchain technology that can be used almost everywhere.
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Titanos
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April 20, 2018, 05:14:44 PM |
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I think Bitcoin is created to be an alternative payment way that avoid using 3rd parties, protect user information and gives him more freedom in his transactions.
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mrtryonebiggums
Full Member
Offline
Activity: 322
Merit: 111
Revolutionized Rotating Savings & Borrowings
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April 20, 2018, 05:23:41 PM |
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To promote a transparent and better financial system than our current one. It is no wonder with an opaque censored system we have corruption. We needed to change it to a more transparent and censorship resistant and I believe that is how and why Bitcoin was created.
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bajigur894784
Member
Offline
Activity: 350
Merit: 10
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April 20, 2018, 05:28:36 PM |
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The integration of modern financial industry, broad, and human resource-based density makes the global interconnection system more complicated and requires exorbitant development capital in the management and maintenance of traffic flow of the increasingly busy and massive world economic intensity.
Bitcoin is made to answer the problem more easily and simply. Bitcoin work mechanism based on peer to peer without using server so that all Bitcoin users are connected to each other automatically by using Blockchain system.
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Sayed Rifat
Newbie
Offline
Activity: 68
Merit: 0
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April 20, 2018, 05:36:17 PM |
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Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created? Here are some reason : * To change the perception of all people about the digital currency. * To improve the payments and transactions and in the internet world. * To become the image of money around the world. * To protect or hides the identity of the user, for security purposes. * To give an opportunity to all people around the world to earn a secondary income. * To upgrade the currency because everything in this world is now upgrading. SHARE YOUR THOUGHTS If this post is worth of your merit, Thank you Basically, society needed an alternative to the regular financial system through which people could trade. For this reason bitcoin is created. |
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tarango
Copper Member
Newbie
Offline
Activity: 280
Merit: 0
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April 20, 2018, 07:16:16 PM |
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In my opinion, bitcoin create is changed the all people life who can earn more money in the world.Most of the people has a opportunity there.It is worldwide payments.Its gives a easier and meaningfull life.
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decoder88
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April 21, 2018, 03:34:50 AM |
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To operate transfer of value in a trustless environment, this is why bitcoin was created I want to add in this quote is Bitcoin created for humane society to help the people that is not capable in making business to its environment. |
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Eijrafarm
Newbie
Offline
Activity: 224
Merit: 0
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April 21, 2018, 04:21:23 AM |
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I think bitcoin is created in the general purpose of innovation. The fact that people is looking for a change then bitcoin is their best choice.
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