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Author Topic: Why Bitcoin Exists  (Read 2410 times)
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colinistheman (OP)
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October 19, 2014, 03:29:37 AM
Last edit: October 21, 2014, 02:37:22 AM by colinistheman
 #1

This documentary sums up why Bitcoin came to exist and also what problems will be solved when Bitcoin has been massively adopted.

    http://youtu.be/UVQvlG59sJ8

And this video says this without mentioning the word Bitcoin once. I think you will get the point while watching.

We are helping a truly great cause. Feel proud to be doing good in the world by supporting and promoting Bitcoin.

Do all that you can to get Bitcoin known to others.



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.BIG WINNER!.
[15.00000000 BTC]


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October 20, 2014, 03:15:45 PM
Last edit: October 21, 2014, 03:21:29 PM by colinistheman
 #2

No one likes?

This video is, in my opinion, all the things that were the catalysts which led up to why Satoshi felt the need to create Bitcoin. And I can see why he felt it necessary to remain anonymous. He was going up against the entire system which underpins all countries on Earth! But how he knew of this so assuredly from the beginning when he first started the Bitcoin project is beyond me. He had an unbelievable prescience.



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[15.00000000 BTC]


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October 20, 2014, 03:18:31 PM
 #3

you know, people will take this more seriously if you remove that black thing.
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October 20, 2014, 08:30:46 PM
 #4

Bitcoin could very well be a test version for an up and coming currency (global one) in the future. Why Russia is the only country not accepting BTC?
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October 20, 2014, 10:40:51 PM
 #5

Bitcoin could very well be a test version for an up and coming currency (global one) in the future. Why Russia is the only country not accepting BTC?

What do you mean test version?  It's already a fully functioning global currency.  If you mean a global fiat currency, we must first compare apples to oranges and see how fruitful that endeavor becomes.

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October 20, 2014, 11:33:49 PM
 #6




I have an honest thought why Bitcoin exists.......


anonymous and keep the sales going...catch me if you can Smiley  Cool
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October 21, 2014, 08:35:00 AM
 #7




I have an honest thought why Bitcoin exists.......


anonymous and keep the sales going...catch me if you can Smiley  Cool
Sure! And ... tax me if you can!  Grin

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October 21, 2014, 08:49:02 AM
 #8




I have an honest thought why Bitcoin exists.......


anonymous and keep the sales going...catch me if you can Smiley  Cool
Sure! And ... tax me if you can!  Grin

Like!  Grin

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October 21, 2014, 10:41:57 AM
 #9




I have an honest thought why Bitcoin exists.......


anonymous and keep the sales going...catch me if you can Smiley  Cool

Anonymity.. That is why I love bitcoin.
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October 21, 2014, 12:20:08 PM
 #10

This is a difficult question to answer, as one said: why is the Internet? Whye the  computer exists.

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October 21, 2014, 01:02:16 PM
 #11




I have an honest thought why Bitcoin exists.......


anonymous and keep the sales going...catch me if you can Smiley  Cool

Anonymity.. That is why I love bitcoin.

Bitcoin is far from anonymity. It is much harder to trace your Euros then your BTC. 

There is a technology named CryptoNote, with few coins already started on top of it. Transactions with Cryptonote coins can be anonymous.

Bitcoin will never go anonymity way even if there will be possibility. That is reason why CrypoNote coins were such a hit during this summer. Altho are so hard to managed, soem reach nice price from early start. Reason is they fill niche Bitcoin will never have.

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October 21, 2014, 01:21:42 PM
 #12




I have an honest thought why Bitcoin exists.......


anonymous and keep the sales going...catch me if you can Smiley  Cool

Anonymity.. That is why I love bitcoin.

Bitcoin is far from anonymity. It is much harder to trace your Euros then your BTC. 

There is a technology named CryptoNote, with few coins already started on top of it. Transactions with Cryptonote coins can be anonymous.

Bitcoin will never go anonymity way even if there will be possibility. That is reason why CrypoNote coins were such a hit during this summer. Altho are so hard to managed, soem reach nice price from early start. Reason is they fill niche Bitcoin will never have.

Yeah same thing I was thinking - but I need to read more into cryptonote man.
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October 21, 2014, 03:25:25 PM
 #13

This is a difficult question to answer, as one said: why is the Internet? Why the computer exists.


I think it's an easy question to answer.

Why the Internet? Because communication was too slow. People needed faster and more efficient ways to communicate and share information.

Why do computers exist? People needed faster and more efficient ways to be productive.

Why does Bitcoin exist? Because current monetary systems have fallbacks (inflation, corrupt, slow). And all the reasons shared in the video link in the OP. People needed faster and more efficient ways to send money without being stolen from by the government.


Each invention was created out of necessity for improvement and solved a problem.



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October 21, 2014, 04:10:04 PM
 #14

Why bitcoin exists? because internet exists Grin





I have an honest thought why Bitcoin exists.......


anonymous and keep the sales going...catch me if you can Smiley  Cool

anonymous is like side of coin, there are good and bad, the good thing is free and the bad thing is because free, the potential crime will be higher.
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October 21, 2014, 04:15:36 PM
 #15

This documentary sums up why Bitcoin came to exist and also what problems will be solved when Bitcoin has been massively adopted.

    http://youtu.be/UVQvlG59sJ8

And this video says this without mentioning the word Bitcoin once. I think you will get the point while watching.

We are helping a truly great cause. Feel proud to be doing good in the world by supporting and promoting Bitcoin.

Do all that you can to get Bitcoin known to others.

Great video. Thanks for sharing. Really interesting!
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October 22, 2014, 02:37:58 PM
 #16

Very good movie. Thanks for sharing that.
BTW the official clip on bitcoin.com is not so bad too.

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October 22, 2014, 10:37:22 PM
Last edit: October 22, 2014, 11:11:54 PM by Billbags
 #17

Good video. But Bitcoin exists because of:

The Cypherpunks

Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
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October 22, 2014, 10:45:11 PM
 #18

It exists because Satoshi created it. He thinks the banking system need a reform. The important thing is why other people supported it. Because it was a brilliant idea, mathematically sound, and the world needs a currency without borders.
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October 23, 2014, 04:58:41 PM
 #19

Good video. But Bitcoin exists because of:

The Cypherpunks

Yes, but why would they feel the need to create it? You have to look one step further.



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[15.00000000 BTC]


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October 23, 2014, 04:59:15 PM
 #20

It exists because Satoshi created it. He thinks the banking system need a reform. The important thing is why other people supported it. Because it was a brilliant idea, mathematically sound, and the world needs a currency without borders.
Exactly. And why did he feel it needs a reform? The corrupt reasons in the video



.
.BIG WINNER!.
[15.00000000 BTC]


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