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Author Topic: Why bitcoin is created?  (Read 2516 times)
nicster551
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January 30, 2018, 07:24:26 AM
 #21

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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And also to make those you are focused only at their PC's rich and become wealthier than those who work hard at other companies.
jasson
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January 30, 2018, 07:43:25 AM
 #22

I think bitcoin was created to
- 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.
yytcoin
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January 30, 2018, 07:46:27 AM
 #23

I think bitcoin was created to
- 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.
Yes, in order to protect our information without revealing our information, bitcoin's anonymous transactions have facilitated us and given jobs for the unemployed. Grin
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January 30, 2018, 07:59:05 AM
 #24

Bitcoin is created for payments electronically in any merchandize that accept bitcoin. The advantage is during exchange of bitcoin there is no middleman or authority like banks so that the information and transaction cannot reveal if there is no middleman i think thats why bitcoin is created.
ajmapalo22
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January 30, 2018, 08:11:18 AM
 #25

Bitcoin is created to enhance the quality of money we are currently using it's idea to have an innovative payment network that is fast, reliable and most specially nobody owns or control which makes it a promising coin. It is very unique and useful to a lot of people. Today bitcoin was not only consider as money it is also an investment that appreciates in time which makes bitcoin a popular crypto currency around the world.
Asusnumbaone
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January 30, 2018, 08:31:00 AM
 #26

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
Bitcoin is not created for the poor people but for all the people who wants to earn salary or to invest in bitcoin. Bitcoin is created for the fair purposes. No matter how poor your are or how rich you are, as long as your a human and you know how to use computer then bitcoin is for you. Bitcoin is created for all the people that want changes in their lives. Bitcoin is a secondary source of income for the poor and for the rich also. There is no discrimination in the bitcoin as long as you are willing to invest your time, hard work and effort to it.
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January 30, 2018, 10:28:57 AM
 #27

I think bitcoin is created because it makes it easier for us to make transactions between bitcoin users, and bitcoin also opens jobs for everyone who wants to jump into the crypto world. And bitcoin provides a great income if someone is really serious.
Pinoyfan
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January 30, 2018, 10:52:05 AM
 #28

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
Bitcoin is created because we are now in modern world. It makes transaction easy in this world that are in hurry. You can work even you are at home. You do not have to go outside to pay bills, just click your computers or cellphone and that it. Bitcoin makes life easy.
megatrix
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January 30, 2018, 10:54:52 AM
 #29

It's created also to be useful by many business all around the world and because of digital currency it's created a lot of job to earn extra income another thing here is you can earn big by crypto with your non stop hardworking.

It will serves as an opportunity for people who’s currently unemployed. Even if they are not, bitcoin can be an extra income for people and that would bevery helpful. I think that’s the major problem why. Aside from that, transactions and payments will be easier because of the development of bitcoins.

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KipKoolCrypto
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January 30, 2018, 10:56:41 AM
 #30

Bitcoin can change the world. 6 out of the 7 billion people on this planet dont have access to priveliged banking. BTC can help with that,
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January 30, 2018, 11:01:44 AM
 #31

Please don't forget that Bitcoin can help us killing the dirty central banking business and free the people form its control also.
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January 30, 2018, 11:05:15 AM
 #32

I agree with you, but you also need to mention that bitcoin is created to  make it easy of transactions, as commodity assets, as a major technological innovation, as a digital currency that the world will recognize. so I'm sure someday bitcoin will master all aspects of the world order.

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January 30, 2018, 11:10:40 AM
 #33

Bitcoin as far as I remember from early days in 2011 was created to make transactions P2P anonymous to a certain degree and to bypass any central authority, like Federal Reserve or European Central Bank which dictate what happens to a transaction and they have the right to cancel it if the user wants to transfer a large amount of money because of not convincing evidence. Note that the user may have correct evidence but the central authority claim it is not correct. Bitcoin can bypass such "little problems". This also gives space to money laundering but just check the amount of money who is laundered in FIAT and the amount laundered in bitcoin and you will see FIAT is the most common form of money laundering.

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anjaydut
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January 30, 2018, 11:20:41 AM
 #34

to facilitate all types of transactions, because the way bitcoin work is not the same as the bank
for security, and also privacy ..
the privacy I am referring here is that the assets or data sent by the sender to the recipient are not interfered with by a third party
the core bitcoin is really safe
on security, bitcoin is very safe, because it is supported by technology blockhain

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January 30, 2018, 11:37:52 AM
 #35

If this post is worth of your merit, Thank you Smiley
The intention is partly right in your post since there is some effort put into your post, but it's too forced for the purpose of receiving Merit, and you confirm that when asking for Merit if people think it's worth it. Honestly speaking, I don't it's worth a Merit. Put a bit more effort into your post without asking for Merit, and who knows, you'll get it the next time. Wink

I think bitcoin was created to
-snip-
- To give an opportunity to all people around the world to earn a secondary income.
Just NO. OP made the same mistake by saying that, and it is quite annoying how people think Bitcoin is like a cash cow that allows anyone to earn money just like that. Yes, signature and bounty campaigns and some other related options do offer the possibility of earning some coins, but it's not a job and for that reason shouldn't be seen as secondary income. It's a bonus.
Fantastic33
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January 30, 2018, 11:42:31 AM
 #36

Bitcoin was created to make every transactions quick and easy without the need for a third party manipulation. With this, transactions can be made via peer to peer even if the sender or receiver is located on the different side of the world. Bitcoin also allows the use of the blockchain technology. This blockchain is a ledger or transactions that are made readily available to users for transparency. Also, personal informations about the sender or receiver are kept private thus maintaining confidentiality.
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January 30, 2018, 11:42:58 AM
 #37

     Bitcoin was created for an easy worlwide payment system. It is created to be decentralized digital currency which is free from government,as a system that works without a single administration. It is created for everyone not just to earn money but to get more knowledge about it,about crypto,about the new technology in our generation.

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January 30, 2018, 12:02:35 PM
 #38

Today Bitcoin is not just money, Bitcoin was created to improve the quality of money we currently use to get the fast, reliable and most innovative payment network that is owned or controlled by anyone who makes it a promising coin.

It is very unique and useful for many people.
it's also an appreciative investment at the time that makes bitcoin a popular Cryptocurrency around the world.

Bitcoin is believed to be a currency and a universal commodity so that the price will continue to soar.
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January 30, 2018, 12:22:36 PM
 #39

We come from different countries, but as fans of bitcoin, we can speak freely together. 2. Bitcoin can make the payment method easier. 3. Hype bitcoin and invest in bitcoin to make money.


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January 30, 2018, 12:27:06 PM
 #40

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

Its that true,bitcoin created to the poor people that dont get a job because bitcoin it is way/solution of poverty in our world and bitcoin is easy way to earn lot of money.We need share and taught to everyone how to earn or use bitcoin and what is bitcoin in our life that can help in poverty in our world.
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