Topic: Bitcoin invention : (Read 396 times)
It is the response to global financial crisis that happens during 2008. The crisis expose the vulnerability of centralized payment institutions. We need freedom from this centralized institutions that make us believe they are the right one.
Bitcoin was invemted to help free humankind from the financial troubles of the world: making it secure, fast and trusted
Bitcoin is a cryptocurrency binary numbers that is cannot be hack easily. For me we can use to bitcoin and many different ways in the near future.
Bitcoin has been invented to change and improve the world's coins. The purpose of this innovation is to serve human beings and to advance human progress. With Bitcoin, people are able to make transactions and make payments easily and it is considered as valuable resources for the people. It is invented by people who are able to make money easily, which serve as human services.
i think bitcoin is great innovation .
so the purpose of bitcoin is :
1st goal in decentralization.
2nd low cost of transaction ,
2rd no monitoring system .
so the purpose of bitcoin is :
1st goal in decentralization.
2nd low cost of transaction ,
2rd no monitoring system .
The invention of bitcoin in the year 2009 is one of the greatest achievement to the humanity by Satoshi Nakamoto.. Its advantage or disadvantage is that there is not any governments control over it which is making upside down to the entire financial concepts of the world which we were following so far. It will be a big threat to the current banking systems .Bitcoin is the first crypto currency which is a decentralized one with anonymity ,all transactions are recorded in an electronic ledger with the block chain technology.Bitcoin followed by lots of alternative coins are there in the market and the bitcoins popularity is flaring up.
Now a days bitcoin is more popular crypto currency in the world. Through some countries are banned bitcoin but some countries people are also invest in bitcoin. That’s why bitcoin wants to create more invention.
To much goal, one of which is to speed up the payment transaction process, and bitcoin as a financial revolution based on centralization.
"Bill gates & Warren Buffet is still against bitcoin but they are not thinking about future crypto currency.
New York City is developing block chain day by day.
Venezuela is developing new crypto currency so they already aware of it.
The Market share is increasing and this bitcoin is going to their previous position where price was high so investing on bitcoin is smart idea."
New York City is developing block chain day by day.
Venezuela is developing new crypto currency so they already aware of it.
The Market share is increasing and this bitcoin is going to their previous position where price was high so investing on bitcoin is smart idea."
The discovery of bitcoin is one of the miracles of the financial world in my opinion, and I think it is the discovery of bitcoin for the purpose of changing the world economy to the order of financial problems.
Absolutely!!Bitcoin is the greatest invention of the millennium *I hope I'm not exaggerating*.
The invention of the bitcoin has given a setback to the majority of the traditional methods and has expanded its growth potential like anything!
It has been a savior for many people including me and many others in the times of financial difficulty.
So the purposes for which bitcoin has been invented are in-numerous and all it has done to mankind is its development. *while here it is worth mentioning that there is a dark side to every great invention and so there is a dark side of bitcoin: the dark net it has created for terrorism funding and other such activities.*
It is worth noting that black deals are now being implemented to a greater extent in more secure anonymous crypto-currencies (monero, zetkoin, etc.). But, considering that with the growth in demand for altcoyins, the demand for bitcoin is simultaneously growing, the shadow market has a significant negative impact on the for bitcoins.
Bitcoin is created in the sense of replace the bank.In Bank ,we are paying our valuable money for money transfer ,money withdraw in other branch ATM.We have to pay money,if we are fail to maintain a certain amount.For all this ,the people in this forum like bitcoin to replace the bank.Some people thought is bitcoin invented to be act as an asset.
I am linking a page and that will help you to understand the whole process in a very easy way
https://www.bitcoinmarketinsider.com/what-is-bitcoin/
Also, you can take a simple, easy and quick tuition here
https://www.bitcoinmarketinsider.com/bitcointrading/
https://www.bitcoinmarketinsider.com/what-is-bitcoin/
Also, you can take a simple, easy and quick tuition here
https://www.bitcoinmarketinsider.com/bitcointrading/
Bitcoin invented to evoluate the way of paiement in the net and help people to change their financial status for better
Quite right! In plain language, Bitcoin turned the whole world financial system upside down. As they say in Russia, head down, and feet up
And every year it becomes more interesting to watch what will happen, and, undoubtedly, to earn on it right now, when there are opportunities! 
In the event that you truly need the motivation behind why bitcoin was developed then you should watch recordings at you tube discussing how bitcoin and why it is made. Be that as it may, I will refer to some uncommon reasons why it is made. One reason why it is made is on account of the general public is as of now tired of the unjustifiable saving money framework practices and it needed to reform budgetary innovation. It needs to kept money the unbanked and let your wallet be your own particular bank. Dissimilar to the managing an account framework bitcoin is made without an inside.
Bitcoin is believed to be a currency and a universal commodity so that prices will continue to soar. This means that I think this bitcoin has a long-term goal that will be very beneficial for the development of digital currencies or cryptocurrency that berkruh to increase and the world's economic growth.
I really want to know for what reason it has been invented ?But the invention of bitcoin is one of the miracles of the financial world. Anyway, I think the invention of bitcoin is the purpose of changing the world's economy to the order of financial problems.
In theory, the traditional economy and finance are seriously flawed, and the motive of making bitcoin is to liberalize the currency, decentralize, liberate the economy and benefit the society.
I think it's to make the world's economy changing, maybe there are some of wise people created this thing. I hope this thing will ahead so long in my country because the economy in my country was failed, so many corruption and the punishment wasn't fair at all. I might wish that bitcoiners expert in my country has a good soul to help my country's economy.
Because even if it was stage to modern age,people could have to bank account but it was also limited slot due to many ligal document are need aside from ligal business and two valid i'd are required, to pass from their standard method to have your a bank account.Now if you asking me why bitcoin invention it maybe because those people mention in above are difficult to have a bank account,,and because of bitcoin decentralized money currency are also to access easily to those people who want to bank account through this bitcoin wallet.aside from that bitcoin are also alternative currency to have financial system.
Bitcoin is an open-source, peer-to-peer, digital decentralized cryptocurrency. Powered by the Blockchain technology, its defining characteristic is its decentralization. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation.
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