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Author Topic: Why bitcoin is created?  (Read 2516 times)
Obito
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April 21, 2018, 12:32:33 PM
 #441

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.

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Hello there,  i think this is the answer for the people who seek for the opportunities to earn some income. When i found it , this will be a great thing that comes in my life. This thing will help me in order to buy me some necessities and basic needs.  I think also many people are think that bitcoin is created to help them and to change their life once and for all.
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April 21, 2018, 12:35:39 PM
 #442

This is a world-class revolution when the trading problem is solved very intelligently with a currency that does not bear any control over who. No one can change the mode of operation, algorithm.
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April 21, 2018, 12:41:12 PM
 #443

The main purpose of creating Bitcoin is to make financial transactions easier, more secure and faster. Since it has been created it has evolved after just being a digital currency for transferring or moving money from anywhere in the world, to anyone at anytime, it began to be an asset, something that can store a value. and as time goes by it also became a means of providing jobs for people who are willing to invest time and effort to earn some coins, a living if they want to.
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April 21, 2018, 12:47:55 PM
 #444

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


I think you can earn huge income with crypto with non stop your hardworking so if your attitude is like always do hard work then your kindness in crypto because what we need here and knowledge here also do not stop.
This is also made to be useful by many businesses around the world and because the digital currency creates a lot of work to earn extra income
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April 21, 2018, 01:17:55 PM
 #445

Maybe Satoshi just want to make some fun and finally he made Bitcoin. But, he doesn't know that Bitcoin will be something very useful and a world revolution.
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April 21, 2018, 01:25:07 PM
 #446

in a nutshell, Bitcoin was created to free people from central banking slavery, free people from governments and agencies controlling and change the future - but for some foolish act of mass users, the total system became an investment game and whales are getting bigger.
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April 21, 2018, 01:27:54 PM
 #447

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 Smiley
If this post is worth of your merit, Thank you Smiley

At first, I am not familiar behind the history of bitcoin and cryptocurency. But because of this forum, I learned some things about Satoshi Nakamoto and his goals with bitcoin. Based on what I read in this site, bitcoin is originally created to have another option in online transactions that has cheaper fees and decentralized so that people will have more freedom and anonymous in those online transactions.



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April 21, 2018, 01:33:25 PM
 #448

Bitcoin created for :
1. Combine our strength as citizen of the world
2. This project can absolve us from economic slavery
3. Solve the many of challenges of the future, and begins the transition to a global digital economy
4. this project can transfer the money safely, fast and easy to use
5. this project can manage our finances with complete autonomy (not related with the bank)

.
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April 21, 2018, 01:48:15 PM
 #449

Bitcoin was created to help all the users change their lives, a new digital currency which would be helpful for financial stability of one's life.

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April 21, 2018, 01:53:29 PM
 #450

If according to my thinking,
-to make a transparent transaction
-Secure Transactions
-For trade
-For shopping at online stores that can accept cryptocurrency
-Can be used as a side job
-Get a passive income

This is according to my thinking, how the thought of you a lot of experience in the world of crypto?

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April 21, 2018, 01:59:50 PM
 #451

Modern technology has given birth to a high-value money that attracts many people and is curious about it. That's bitcoin. Bitconin (BTC) is a virtual currency that is not created by any country or state, but is created from a network of computers around the world. Bitcoin's features are highly secure, transaction-free, convenient and at no cost.
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April 21, 2018, 02:15:00 PM
 #452

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 Smiley
If this post is worth of your merit, Thank you Smiley
Why is bitcoin created?  Well, it’s really abstracted but for me it’s more likely that it’s created through the development of advanced technology, also humen smart. It provides all of people all most parts of the world have chance to get money in convenient way. As you know that bitcoin is quite developed and eventually, it’s getting much more popular in its reputation. The invention of discovering IT is actually great, but it’s much greater when cryptocurrency is  born.
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April 21, 2018, 02:43:33 PM
 #453

Bitcoin created for allow online payments to be sent directly from one party to another without going through a financial institution. other than that bitcoin gives a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions.
but bitcoin still does not have tight security ... which allows transactions safely
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April 21, 2018, 02:50:20 PM
 #454

i think bitcoin was created to make things easier and fair for everyone. it makes our life easier and it helps us get rid of the unnecessary fees that was implemented by the government. it helps us with our financial problem and help us connects internationally with many people in the business world
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April 21, 2018, 02:58:32 PM
 #455

Bitcoin was created because people was tried of the same economy system. It's a revoultion that people wanted and we get it, but unfotrunatly people still don't use bitcoin as currency.

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April 21, 2018, 03:06:23 PM
 #456

The main purpose of bitcoin is to make transactions easier around the world, the value of bitcoin also rising that makes others make it an asset. Bitcoin continues to prove to a different country, its ability to make someone successful in life, but there are countries that have banned bitcoin like Korea, China and Indonesia.
Only a small percentage of the world's population currently uses bitcoin and other altcoins to make current financial transactions, but these numbers will increase over time as crypto and bitcoin markets become more popular.
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April 21, 2018, 03:18:39 PM
 #457

Most likely it was created to revoke the power from the world's government by creating an alternative currency to what already exists. The current fiat currency is all under control of government and hence they can control the world for their own benefits. Bitcoin is like something which isn't under control of anything and works on predefined set of rules.
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April 21, 2018, 03:29:32 PM
 #458

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 Smiley
If this post is worth of your merit, Thank you Smiley
I think bitcoin is made for people who are badly squeezed into bad finances, and until now bitcoin has grown to become a king in the crypto world, and with this bitcoin many people join and invest with bitcoin and with bitcoin we can get many benefits which can be, and with the current bitcoin we can do business easily in terms of payments between cities and between countries
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April 21, 2018, 03:42:20 PM
 #459

I think bitcoin and cryptocurrency is created  to help many people to send and recive money with fast and easier transaction in around the world, and i think also to give job to many people especially to those who really needed, bitcoin can change anything.

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April 21, 2018, 04:11:01 PM
 #460

Bitcoin was made because society needed an alternative to the regular financial system through which people could trade. They could store value or trade with bitcoin without any control of the elite parts of the global society.
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