Bitcoin and crypto purpose

[cryptoboss2020]

As we know the btc are digital gold.
The btc is going to Fix tht problem the gold failed.
"Bretton Woods "
The crypto have Some bigger purpose as the imf stopped messimg with dollars they use different currency wich is backed by the emerging markets countries.
Now the conlusion the is alot going on and one of the blockchain s  will be used by the World banks.
Now we see Why they invented crypto.
Sure we can say that ohh.. They not into crypto they want their own Sorry but thts not the Case.
Right Now its time to pick up Good blockchain and invest in the Right one what the imf and central banks are going to use it.
Before the Bretton woods gold standard dont forget tht imf friends and mbers inside right connections bought gold with bargain price before.
Its always like that.
Now its your time to use your lazy brain and invest Right blockchain what will be used by the world Elite bankers.
Dont complain after... Ohhh if I only would knew or life is not fair...  Do your Research think with your brain or complain after.

[Blitzboy]

There is no specific blockchain that will be used by the world Elite bankers. Eventually, there is no need to invest in that can of blockchain either. Cryptocurrency and bitcoin are thriving so that you can easily spot a good project with a moderate effort.

Or you just need to buy bitcoin, digital gold or whatever you want to call it

[cryptoboss2020]

There is no specific blockchain that will be used by the world Elite bankers. Eventually, there is no need to invest in that can of blockchain either. Cryptocurrency and bitcoin are thriving so that you can easily spot a good project with a moderate effort.

Or you just need to buy bitcoin, digital gold or whatever you want to call it

Yes there will be Block c they will pick for it.

[GeorgeJohn]

Mate, am not commenting base on your topic but emphasising on the write up, most of the words here are abbreviation which is not suppose to be in such form, as a beginner you have to follow the write of existing members, here is not Facebook group or WhatsApp group or hangout were you can abbreviate work, please try to accept corrections for better growth and development

[cryptoboss2020]

Mate, am not commenting base on your topic but emphasising on the write up, most of the words here are abbreviation which is not suppose to be in such form, as a beginner you have to follow the write of existing members, here is not Facebook group or WhatsApp group or hangout were you can abbreviate work, please try to accept corrections for better growth and development

ok

I Take notes of Ur opinion

[Gozie51]

The purpose is not to replace gold, fiat or any other traditional known type of financial exchange but it is to create option just as others have been but a major difference is the freedom it brings. Therefore, no matter the blockchain, it has its security. Bitcoin as it is , is decentralized and it sustains freedom for every user.

[cryptoboss2020]

The purpose is not to replace gold, fiat or any other traditional known type of financial exchange but it is to create option just as others have been but a major difference is the freedom it brings. Therefore, no matter the blockchain, it has its security. Bitcoin as it is , is decentralized and it sustains freedom for every user.

Purpose is not replace cash.
Cash stays you can issue the cash on USdt existing it not problem.
Problem is the current debt based system is just done now.
Need to replAce with new system. 
For us its not matter its just for the banks.
Only thing is that we the investors can be share holders of this new system.
Aka inclusive capitalism.
New time of investment.
Tht system generates 10x more revenue and profit to investors then now.
Things will get better better money better profit% Roi

[mindrust]

As we know the btc are digital gold.
The btc is going to Fix tht problem the gold failed.
"Bretton Woods "
...

What makes you think that Bitcoin will succeed? Gold failed at what exactly? Going up in price? If that's your only aspect, yes it has failed. However how is bitcoin going to accomplish that gold couldn't? By only going up or will it actually back the dollar? Because you know gold's original mission is being money and USD used to be backed by gold. Are you saying that we will have a bitcoin standard?

[aztecoin]

There is no specific blockchain that will be used by the world Elite bankers. Eventually, there is no need to invest in that can of blockchain either. Cryptocurrency and bitcoin are thriving so that you can easily spot a good project with a moderate effort.

Or you just need to buy bitcoin, digital gold or whatever you want to call it

Strongly agree, bitcoin will continue to strengthen based on demand, independence which is in its very nature.

[The Cryptovator]

I am quite confused about what exactly OP wants to explain to us. First of all, you shouldn't compare gold with Bitcoin. It's because both's specifications are fully different from each other. One is a digital currency backed by the community and another is natural assets. Where gold failed, any specific field? Or you are talking only price then still specification is applicable. Natural assets wouldn't be a competitor with digital currency created by a human with modern technology.  The real purpose of Bitcoin or crypto is to create a peer-to-peer decentralized electronic cash system.

[decodx]

I am quite confused about what exactly OP wants to explain to us...

Don't worry, you're not alone. I'm sure he's as confused as we are. 

[concept2]

Bitcoin is never gold. Bitcoin is bitcoin and gold will become physical bitcoin.

Banks will never try to use any coin as a blockchain implementation. Instead, they are creating their own blockchain called CBDC (Central bank digital currency) which I really doubt about the efficacious. This means they have looked up to the blockchain and its achievement but no matter how vigorous and robust they are, the CBDC is never the same as bitcoin blockchain   

After all, bitcoin will be widely use by most parts of the world and becoming a trustful asset is its current path

[mindrust]

Bitcoin is never gold. Bitcoin is bitcoin and gold will become physical bitcoin.

Banks will never try to use any coin as a blockchain implementation. Instead, they are creating their own blockchain called CBDC (Central bank digital currency) which I really doubt about the efficacious. This means they have looked up to the blockchain and its achievement but no matter how vigorous and robust they are, the CBDC is never the same as bitcoin blockchain  

After all, bitcoin will be widely use by most parts of the world and becoming a trustful asset is its current path

Also as far as I know, the Central Banks already own gold. If they are going to back the Dollar with something, why would it be bitcoin which they yet to own? It doesn't really make sense to me. I say this because OP says Bitcoin is aiming to become "the gold" and it is not a currency but a store of value. On the other hand, some other people say it is a "peer to peer cash system". :p

[AakZaki]

The purpose is not to replace gold, fiat or any other traditional known type of financial exchange but it is to create option just as others have been but a major difference is the freedom it brings. Therefore, no matter the blockchain, it has its security. Bitcoin as it is , is decentralized and it sustains freedom for every user.

you are right about that. Bitcoin as a more advanced and more modern payment option. With a decentralized and transparent bitcoin system, all transactions are recorded without being able to be deleted by anyone on the blockchain. Bitcoin is not controlled by anyone, including the government. Bitcoin is able to become a means of payment for the future with technology that continues to be developed. Crypto is also not just bitcoin, there are still many altcoins that have the technology to solve today's payment problems. Cryptocurrency is becoming the more modern future of payments.

[sunsilk]

Invest in blockchain? are you in the development sector that you should look into that matter?

Leave that to the developers and let them develop their own blockchain or use the existing ones that's being used by a project which is also a product aside from the coin that they offer and used.

That's another thing that a project that offers, not only about the coin that they developed.

[BrewMaster]

As we know the btc are digital gold.
The btc is going to Fix tht problem the gold failed.

your opinion is wrong. bitcoin is a digital currency and it has nothing to do with gold. the problem it is trying to solve is also the problem with centralized currencies and the centralized payment processors just as the bitcoin paper says it is.
you should really educate yourself before starting dozens of low quality topics like this every week.

[yhiaali3]

In practice, there is a logic to development, currencies have evolved from gold to digital currency, Bitcoin is now the master of coins and owns the future due to the amazing characteristics it has, it is decentralized, more secure and maintains privacy as it is a completely profitable investment, blockchain and Bitcoin are the future of the world and it is certain that it is The transition will take place in the future. In fact, the transition has already started, but it is moving at a slightly slow pace.
We can briefly say that Bitcoin and crypto purpose is to replace the old monetary and banking system because it has become inconsistent with the development of the era in which we are. This replacement will certainly happen, but it needs some time.

[cr1776]

Mate, am not commenting base on your topic but emphasising on the write up, most of the words here are abbreviation which is not suppose to be in such form, as a beginner you have to follow the write of existing members, here is not Facebook group or WhatsApp group or hangout were you can abbreviate work, please try to accept corrections for better growth and development

Agreed.  Learning to write, punctuate and spell is one key to communicating clearly.  Communicating clearly is important if one wants to convince others or make a point.  OP, if you want people to understand, you should review and revise your initial post. 

[J1mb0]

Right Now its time to pick up Good blockchain and invest in the Right one what the imf and central banks are going to use it.

If a central bank wants to use a cryptocurrency in a transaction they simply need to create a new currency instead of using an old one in the market. It is clear that the central bank will not accept a currency without the full authority to manage it.

[goldade]

It doesn't matter what you call bitcoin. Call it whatever you want, digital gold or anything. It doesn't matter.
Satoshi created bitcoin with a purpose and that purpose is that bitcoin will be a currency just like every fiat currencies you can think of only that it is not controlled by the banks and the government. Bitcoin was created to give control back to the masses and every bitcoin user can attest to that fact.
It is true bitcoin hasn't gotten to the point it is generally accepted as a means of payment for goods and services but eventually it will get there and bitcoin will be the number one currency in the world.