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    Author Topic: Why bitcoin is created?  (Read 2598 times)

    • lodi123
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    April 22, 2018, 03:41:20 AM
     #481
    Quote from: kitkat04 on January 29, 2018, 05:15:13 PM
    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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    Bitcoin is created because to help a lot of people to became rich and achieve their own dreams

  • werpak321
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    April 22, 2018, 03:49:06 AM
     #482
    Quote from: kitkat04 on January 29, 2018, 05:15:13 PM
    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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    Bitcoin  is created to help more a lot of people a technology a digital money to make transactions more easier

  • Thera Bethari
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    April 22, 2018, 03:53:29 AM
     #483
    To promote a transparent and better financial system than our current one. It is no wonder with an opaque censored system we have corruption. We needed to change it to a more transparent and censorship resistant and I believe that is how and why Bitcoin was created.

  • Ethan Argu
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    April 22, 2018, 08:01:48 AM
     #484
    To learn more in any perspective of digital money. And also having a e payment to make our lives lightful and easy very fast transaction without using paper money.
    Improve the quality technology to have a better future.
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  • Vendetta666
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    April 22, 2018, 08:23:02 AM
     #485
    Quote from: kitkat04 on January 29, 2018, 05:15:13 PM
    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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    I agree to you, this is my thoughts too. And also it is created for the poor people who cannot get a job because they not finished their study because lack of financial. The bitcoin is the only way to earn.

  • riskarcher
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    April 22, 2018, 08:33:04 AM
     #486
    Quote from: kitkat04 on January 29, 2018, 05:15:13 PM
    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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    because bitcoin provides a worldwide challenge to improve the quality of their money that's why so many countries are making their own digital currency to regulate payments to the economy in their own countries.

  • jonkibo
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    April 22, 2018, 08:40:05 AM
     #487
    to be united not only in currency also to be as one,connecting other country for helping each other to become wealthy in state of life

  • Kristy22
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    April 22, 2018, 08:45:41 AM
     #488
    Thank you for origial paper!!!
    Quote from: junoreactor on January 30, 2018, 04:30:25 AM
    Quote from: kitkat04 on January 29, 2018, 05:15:13 PM
    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

    To know about the thinking behind the creation of bitcoin, you just need to read the original paper, that can be found here > http://www.bitcoin.org/bitcoin.pdf

    Quote from: kitkat04 on January 29, 2018, 05:15:13 PM
    Bitcoin is also the most expensive digital coin.
    Technically no, 42-coin is the most expensive right now (if I did not forget any other).

  • FUD Expert
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    April 22, 2018, 08:51:06 AM
     #489
    I highly believe that it is created because proofs and evidence are very easy to manipulate by people who has power like politicians and a lot of people are abused and cheated because of this incidents. So btc along with blockhain will change that.

  • alvipalangka
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    April 22, 2018, 09:22:13 AM
     #490
    Quote from: IsabelCornd on April 20, 2018, 05:06:59 PM
    One person or group of people just got an idea about crypto and realized it. We got new way of economy and also  blockchain technology that can be used almost everywhere.
    whether with the idea ... can make someone interested in the world of crypto..until will add a strong competitiveness

  • 454875kio
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    April 22, 2018, 09:36:54 AM
     #491
    Bitcoin creation goals
    1. With the development of the Internet, banknotes are increasingly unable to meet the needs of the Internet economy. Because barriers between countries and banknotes cannot meet the efficiency requirements of the Internet without borders, the new currency must be based on the Internet.
    2. In the above figure, we have seen the advantages and disadvantages of the natural currency and the credit currency. The new currency must have both advantages and overcome the disadvantages of both.
    3, the innovative application of the Internet economy.

  • virendarnagpal
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    April 22, 2018, 09:58:26 AM
     #492
    Necessity is the mother of all the inventions.  Whenever man find some difficulties; someone came forward with new idea and tried to provide solution.  In most of the cases the creator of idea may not have been successful in inventing some new solution.  Another man took challenge and  invented something new which resolved the problem faced by the society.
    Because of problems of fiat currency i.e. limitation to national boundaries, carriage problem, identity issue, bitcoin came as a solution.  Bitcoin being a digital currency is payable beyond national barriers.  It can be paid to person residing on the other part of the earth.  It being digital currency, there is no carriage problem.  Identity of the transacting persons is anonymous.  So bitcoin created to facilitate economic life of the man.

  • Jamesbob16
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    April 22, 2018, 10:08:00 AM
     #493
    Quote from: junoreactor on January 30, 2018, 04:30:25 AM
    Quote from: kitkat04 on January 29, 2018, 05:15:13 PM
    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

    To know about the thinking behind the creation of bitcoin, you just need to read the original paper, that can be found here > http://www.bitcoin.org/bitcoin.pdf

    Quote from: kitkat04 on January 29, 2018, 05:15:13 PM
    Bitcoin is also the most expensive digital coin.
    Technically no, 42-coin is the most expensive right now (if I did not forget any other).

    Right but 42 coin hasn't any value at all. That is just a coin and I didn't see yet any trading. No one cares about 42 coins. So, I think the only bitcoin has the highest potential ever.

  • NeverSop
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    April 22, 2018, 10:13:36 AM
     #494
    The economy of nations around the world is growing and human needs are increasing. Bitcoin was born to meet the demand for payment services and extremely low transaction fees, which stimulates people to use bitcoin. People also invest bitcoin on the market cryptocurrency to profit, helping the market increasingly developed in the most modern direction.
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  • Yantoaja
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    April 22, 2018, 10:18:51 AM
     #495
    I think bitcoin is made to be useful for the future, for example like online transactions easier. Or buy something. We know very well that bitcoin is very useful for now, moreover for the future. i believe bitcoins are made for use with very useful things.

  • Lalafell
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    April 22, 2018, 10:42:58 AM
     #496
    Quote from: kitkat04 on January 29, 2018, 05:15:13 PM
    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

    For me, I think bitcoin is created to offer the public another method of payment. Cryptocurrency promotes anonymity and faster transactions through this payment method. Additionally, bitcoin exists as an investment material that now more and more people start investing with. Personally, I think bitcoin is created to change how our economy runs as the futuristic world I dreamed is now slowly coming in our society.

  • Amuloko
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    April 22, 2018, 11:02:28 AM
     #497
    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.

  • odakorlina
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    April 22, 2018, 11:06:36 AM
     #498
    For me, Bitcoin was created to make our life easier and more secure through Blockchain Technology.  The network is peer-to-peer and transactions take place between users directly, without an intermediary. Bitcoin is like something which isn't under control of anything and works on predefined set of rules. Bitcoin is made to answer the problem more easily and simply.

  • isyot12345
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    April 22, 2018, 11:10:26 AM
     #499
    Quote from: Lalafell on April 22, 2018, 10:42:58 AM
    Quote from: kitkat04 on January 29, 2018, 05:15:13 PM
    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

    For me, I think bitcoin is created to offer the public another method of payment. Cryptocurrency promotes anonymity and faster transactions through this payment method. Additionally, bitcoin exists as an investment material that now more and more people start investing with. Personally, I think bitcoin is created to change how our economy runs as the futuristic world I dreamed is now slowly coming in our society.

    Bitcoin is made by satoshi to be able to help people in need around the world and to pay for any fees in the world. Because bitcoins around the world are easy to deal with even when we pay. it's easy to pay and no deductible fees or any deduction fees. I'm grateful to have made this bitcoin and it helps worldwide.

  • secondavril
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    April 22, 2018, 11:15:40 AM
     #500
    Bitcoin created for any sort of people who can hardly find a job or can't get a job. Also, Bitcoin will help those people to have a prosperous life.
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