Bitcoin Forum
May 09, 2024, 03:45:40 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Bitcoin and crypto purpose  (Read 236 times)
Oilacris
Hero Member
*****
Offline Offline

Activity: 3024
Merit: 613


Seabet.io | Crypto-Casino


View Profile
April 07, 2021, 11:15:16 PM
 #21

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.
Reading up simply the whitepaper would really be giving out the idea on why its been created and on what purpose.Its true that it wont really matter on how the masses or some people

would call it because it can really done its job which supposed to be done and thats why the community do support it because of decentralization and transparency even though there might be
some flaws which had been patch up by some alts but still the support can really be differentiated among others.

It wont really be reaching out into this point if it werent really getting some attention or support.

1715269540
Hero Member
*
Offline Offline

Posts: 1715269540

View Profile Personal Message (Offline)

Ignore
1715269540
Reply with quote  #2

1715269540
Report to moderator
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715269540
Hero Member
*
Offline Offline

Posts: 1715269540

View Profile Personal Message (Offline)

Ignore
1715269540
Reply with quote  #2

1715269540
Report to moderator
1715269540
Hero Member
*
Offline Offline

Posts: 1715269540

View Profile Personal Message (Offline)

Ignore
1715269540
Reply with quote  #2

1715269540
Report to moderator
1715269540
Hero Member
*
Offline Offline

Posts: 1715269540

View Profile Personal Message (Offline)

Ignore
1715269540
Reply with quote  #2

1715269540
Report to moderator
Shasha80
Sr. Member
****
Offline Offline

Activity: 1876
Merit: 318



View Profile
April 07, 2021, 11:31:43 PM
 #22

Satoshi Nakamoto would like to give another view to all of us, that we can control our own finances using Bitcoin. Or we can also make transactions
simpler and don't need to go through third parties such as banks. But this is what makes the government frightened by the presence of Bitcoin,
therefore in many countries it is still prohibited to use Bitcoin as payment. Even though the government's fear is too much in my opinion,
however, Bitcoin is unlikely to replace fiat. Bitcoin was created to provide payment options other than fiat. So the government should accept and
legalize Bitcoin. That way human life will become better and easier.

BIGGEST AND MOST
TRUSTED FULLY LICENSED
CRYPTO CASINO
▄▄▄▄█▄█▄▄▄▄
▄█████████████▄
███▀▀███████▀▀███
█▀      ▀█▀      ▀█
███████████████████
███████████████████
█████████████████
███████████████
█████████████
███████████████
███████████████
███████████
▀▀███▀▀
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   █
█   █   ▄  ███    ███   █
█▀▄▀█ ▄███▄ █  ███ █▀▄▀█
█▀ ▀██▀█▀█▀██████  ██▀ ▀█
█   ▄▀▄▀▄███  ██  █   █
█    █▄█  ██  ██ █    █
█    ██  ██  ███    █
█    █  ██  ██    █
▀▄   ▀▄██ ▄▀   ▄▀
▀▄   ▀█▀   ▄▀
▀▄     ▄▀
▀▀▄▀▀
▀▄ ▄▀▄ ▄▀
█▄ ▀█▄▄▀▄▄█▀ ▄█
▀█▀███▀███▀█▀
▄█████████████▄
█████████████████
█████████████████
███████████████
█████████████████
▀█████████████▀
▀██████████████▀
▀█████████████▀
▀█████████▀
▀▀▀█▀▀▀
SPANISH CLUBS
OFFICIAL ASIAN
BETTING PARTNER
ACCEPT
MULTIPLE
CURRENCIES
.
JOIN US
jerrison
Full Member
***
Offline Offline

Activity: 1442
Merit: 106



View Profile WWW
April 07, 2021, 11:38:33 PM
 #23

The purpose and aim of cryptocurrency is to decentralize power and also not to allow institutions regulate finance and financial dealings that concerns the cryptographic network system.

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.


jacobjorden
Jr. Member
*
Offline Offline

Activity: 33
Merit: 1


View Profile
April 10, 2021, 03:53:21 PM
 #24

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.


Bitcoin is the most popular cryptocurrency, that is the invented from a blockchain technology. that's main purpose is funds transfer digitally. cryptocurrency is not a physical but it's like a rupee. you can buy a product or services also.
ivankoh
Full Member
***
Offline Offline

Activity: 1428
Merit: 120


Sugars.zone | DatingFi - Earn for Posting


View Profile
April 10, 2021, 04:12:13 PM
 #25

Any aspect includes two sides, objective and pessimistic!  Therefore, there can never be perfectionism.  Bitcoin, crypto too, the birth of bitcoin is a revolution, where it offers many purposes of financial freedom independently, privately, and securely.  It makes a strong comparison between the nervous systems the contemporary economy is facing and challenges to adapt to a new change ... However, bitcoin and crypto also has its downsides, volatility, inflation has decreased but is also one of the few causes of contradictory symptoms, economic and political recession, and trade.

syedakhlaque
Member
**
Offline Offline

Activity: 396
Merit: 30


View Profile
December 18, 2021, 05:10:08 AM
Last edit: December 18, 2021, 05:27:11 AM by syedakhlaque
 #26

What good writing do you have?  and what a beautiful phrase it is"BTC is digital gold" I appreciate all of that you have said. I think BTC provides an open market for the people of the entire world. There is no such example before BTC who introduced & provide a worldwide business for all communities of the world. It is such a kind of business that is easy to learn for everyone and easy to approach for all.

ElonCoin.org    ElonCoin.org    ElonCoin.org     ElonCoin.org     ElonCoin.org    ElonCoin.org    ElonCoin.org
●          Mars, here we come!          ●
██ ████ ███ ██ ████ ███ ██   Join Discord   ██ ███ ████ ██ ███ ████ ██
carrigan
Member
**
Offline Offline

Activity: 728
Merit: 12


View Profile
December 18, 2021, 02:13:49 PM
 #27

Cryptocurrency or crypto money is a currency that is currently popular in recent years. The main purpose of cryptocurrency is as a substitute for a centralized banking system, where every transaction that occurs is under the supervision of a bank. Cryptocurrency is also used to conduct online selling transactions, mining , and as a means for investment.
Kimonoe
Member
**
Offline Offline

Activity: 700
Merit: 10


View Profile
December 18, 2021, 04:23:27 PM
 #28

Cryptocurrency or crypto money is a currency that is currently popular in recent years. The main purpose of cryptocurrency is as a substitute for a centralized banking system, where every transaction that occurs is under the supervision of a bank. Cryptocurrency is also used to conduct online selling transactions, mining , and as a means for investment.
and to replace banking with a centralized system is not easy. until now the government still needs control. while bitcoin is a decentralized network, so it takes a long time to adapt and is legalized by the government. but nowadays bitcoin is actually attractive for investors looking for profit, and they can invest or trade

⬣⬣⬣⬣⬣⬣⬣⬣    ⬣⬣⬣⬣    ⬣⬣    ⬣     C O M B O     ⬣    ⬣⬣    ⬣⬣⬣⬣    ⬣⬣⬣⬣⬣⬣⬣⬣
A leading provider of scaling solutions for Web3 game developers
|      Twitter      |    Telegram    |     Discord     |     Medium     |      GitHub      |
haasanjui
Member
**
Offline Offline

Activity: 434
Merit: 11


View Profile
December 19, 2021, 10:25:11 AM
 #29

Purpose of  Bitcoin and crypto is to provide secure online way of transaction in term of tokens and coins. token and coins are also able to trade and earn

Simple «buy-hold-earn» system!      │     TRIDENT PROTOCOL     │      HIGH FIXED APY  >>> 382,945%
THE HIGH PAYING AUTO-STAKING & AUTO-COMPOUNDING PROTOCOL
████████████|           Twitter           |          Telegram          |            Reddit            |████████████
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!