For what was Bitcoin created? - page 17.

BitcoinHodler

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Quote from: kryptqnick on September 25, 2016, 09:18:43 AM

If we think about different currencies - Bitcoin is a real step forward. It is not supported by gold or something else. It depends a lot on whether people use it and believe in it.
For which purposes you think Nakamoto created Bitcoin? To earn a lot of money? Or just to create something new?

if Satoshi was looking for money the he would have dumped his coins a long time ago back in the time of $1200 level and then bough back and dumped again and again just like what many other altcoin developers are doing.

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Maybe, he wanted to show the different nature of money and that it doesn't need government to exist, for example?
What are your thoughts on the topic?

my thought is that you should read the bitcoin white paper.
bitcoin was created to introduce the new form of money that you said yourself too, a public ledger which is decentralized and helps us be our own bank.

BitcoinPC

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Quote from: kryptqnick on September 25, 2016, 09:18:43 AM

If we think about different currencies - Bitcoin is a real step forward. It is not supported by gold or something else. It depends a lot on whether people use it and believe in it.
For which purposes you think Nakamoto created Bitcoin? To earn a lot of money? Or just to create something new?
Maybe, he wanted to show the different nature of money and that it doesn't need government to exist, for example?
What are your thoughts on the topic?

Personally i like your thread it is really Official thread.
In my view, He create Bitcoin, because he wana introduce a new currency, which we can use only on online, and also no bank and no government involve in it, and all over the world every man can use it in his home, and earn it and also it has no fizical appearance but we can use it all over the world. And that we can call Bitcoin

Carlsen

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Maybe bitcoin was developed as an act of rebellion.
A statement of Nakamoto on how he thinks about governts and the way the trace everything people do.
I can imagine that creating an unhackable payment system that works across all borders, without the controle or influence of a government was somehow the intention of Nakamoto.
From all I have seen and learnde so far about bitcoin, he did a pretty good job.

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Quote from: noictib on September 27, 2016, 01:47:16 AM

Quote from: kryptqnick on September 25, 2016, 09:18:43 AM

If we think about different currencies - Bitcoin is a real step forward. It is not supported by gold or something else. It depends a lot on whether people use it and believe in it.
For which purposes you think Nakamoto created Bitcoin? To earn a lot of money? Or just to create something new?
Maybe, he wanted to show the different nature of money and that it doesn't need government to exist, for example?
What are your thoughts on the topic?

in my opinion the main reason for create the bitcoin was aim to have a special type of currency for internet user . because with the time here this currency changed into business to earn through this currency and trading option are also now made for this which was not the aim of nakamoto .

No, almost every currency could be traded. But, bitcoin is somewhat similar to assets that is the reason it could be used for investment. We could not argue that these were not within conceptual speculation of Satoshi.

I agree bitcoin was created with the aim of having for internet payments, but it is not special type as we have already have Paypal and other similar electronic currencies. But, I could say bitcoin was created to replace Paypal.

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Quote from: kryptqnick on September 25, 2016, 09:18:43 AM

If we think about different currencies - Bitcoin is a real step forward. It is not supported by gold or something else. It depends a lot on whether people use it and believe in it.
For which purposes you think Nakamoto created Bitcoin? To earn a lot of money? Or just to create something new?
Maybe, he wanted to show the different nature of money and that it doesn't need government to exist, for example?
What are your thoughts on the topic?

Bitcoin was created as the first step of the revolution of our currency system, and it's expected to be able to change the way we think of currency. Because money is not just the thing that we use everyday, but we have to understand the way it's distributed and the way it's controlled.

Taki

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I think bitcoin was created for all the reasons you called. The biggest point here is that bitcoin is independent from price for gold and other currencies. I think Nakamoto created bitcoin exactly for that, the currency is I depended from gold, banks and governments, it even doesn't have it's paper form and all transactions are providing just through the internet. That was the main target. And that attracted many interest from people, that is why bitcoins became so expansive if to compare the price for it today and in the beginning.

CoinFoxs

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In my opinion the reason behind bitcoin is that he wants to prove that currency can exist without the control of any central government and he also want to give people to work for him or for his company. And one thing more the purpose of bitcoin is to compete in the market with other currencies and become no 1 currency in online market.

noictib

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Quote from: kryptqnick on September 25, 2016, 09:18:43 AM

If we think about different currencies - Bitcoin is a real step forward. It is not supported by gold or something else. It depends a lot on whether people use it and believe in it.
For which purposes you think Nakamoto created Bitcoin? To earn a lot of money? Or just to create something new?
Maybe, he wanted to show the different nature of money and that it doesn't need government to exist, for example?
What are your thoughts on the topic?

in my opinion the main reason for create the bitcoin was aim to have a special type of currency for internet user . because with the time here this currency changed into business to earn through this currency and trading option are also now made for this which was not the aim of nakamoto .

jack1111

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I think Nakamoto did not know that Bitcoin will gain this great popularity , from other side to recognize the importance of Bitcoin , you can make a comparison between Bitcoin and other online banks like Paypal or Payza or any other bank , these banks can hold your money because of any reason or any claim , but in Bitcoin no one can hold your money as long you have the key of your wallet , this is the big difference .

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Quote from: kryptqnick on September 25, 2016, 09:18:43 AM

It is not supported by gold or something else.

Nothing is supported by gold. Maybe some economies, but still not 100% supported by gold. Honestly, gold has no value besides it's use in jewelry.

davis196

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Quote from: kryptqnick on September 25, 2016, 09:18:43 AM

If we think about different currencies - Bitcoin is a real step forward. It is not supported by gold or something else. It depends a lot on whether people use it and believe in it.
For which purposes you think Nakamoto created Bitcoin? To earn a lot of money? Or just to create something new?
Maybe, he wanted to show the different nature of money and that it doesn't need government to exist, for example?
What are your thoughts on the topic?

You already answered your own question in your thread.

The whole idea of bitcoin is to be out of any government and central banks control.

It has to be decentralized and without any corporation controlling the currency.

Kakmakr

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Quote from: kryptqnick on September 25, 2016, 09:18:43 AM

It is not supported by gold or something else.

What is supported by gold? If you still think fiat currencies are supported by gold, you will be disappointing. Have a look at this article, and then come back here and give us a example of anything that are backed by gold. http://www.businessinsider.com/are-there-any-currencies-backed-by-gold-2012-3

Only the Goldbugs still believe that gold is the ultimate investment option, the rest of us know that this can be taken away by the press of a button. How many of them have even seen their part of their investment?

TraderETH

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IMHO bitcoin was created for change system currency become more transparent,fair, there are not manipulation inside, there are not high fees of transaction and it was for becoming money or gold in internet.

johnnyyash

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Quote from: bitbunnny on September 25, 2016, 09:30:36 AM

Quote from: unamis76 on September 25, 2016, 09:21:37 AM

You've already replied to yourself, it certainly was to show that a currency can exist without central control or any kind of government, and he also wanted to make a way for people to escape the (corrupt) fiat banking system.

Exactly. The first and basic purpose was to create independent, decentralized currency without bank or governement control. I don't think that profit wasw his (only) goal but that came along. Many people thought that Bitcoin and such decentralized, uncontroled system that doesn't relay on all sorts of manipulations couldn't survive. But they were wrong, Bitcoin was success and proof that banks are replacable.

correct, i truly agree with you...creation of independent, decentralized currency without bank or government control..

Hirose UK

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Quote from: kryptqnick on September 25, 2016, 09:18:43 AM

If we think about different currencies - Bitcoin is a real step forward. It is not supported by gold or something else. It depends a lot on whether people use it and believe in it.
For which purposes you think Nakamoto created Bitcoin? To earn a lot of money? Or just to create something new?
Maybe, he wanted to show the different nature of money and that it doesn't need government to exist, for example?
What are your thoughts on the topic?

it was created to decentralize bank, to help people to do transaction, to save money without curruption. imo. if I'm not mistaken, my friend said that Satoshi even didn't know that the value of bitcoin will be high like nowadays.

just like a wise man said, "you can't force people to leave a system without offering them a new one"

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Quote from: iv4n on September 26, 2016, 07:45:52 AM

Probably he was sick from this system and currently available currencies. He wanted to make something transparent, where its not so easy to print money and make inflation, something new and more reliable then any currency before.
He imagined perfect technology to help us with making this world a bit better place. People are talking about changing, but money is what make people do things they do, now we have alternative in bitcoins. And that is what Nakamoto gave us, alternative, another choice, now we need to be smart to see and catch good opportunity for o0us amd our future.

Many of us are already sick with this system that we are stepping now. Luckily, someone got a good idea on how to create something that will be avoiding this system somehow. We dont have the mind to do it but he did and we are thankful that it is shared. Many will not share it and would just be for the gain.

mobnepal

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Nakamoto have used his knowledge over cryptography to make quite unique as well as very outstanding technology in the field of finance which can revolutionize the way we do financial transaction. And i think satoshi also want to make a way/system for everyone around the world to have better control over their wealth in a secure environment as well as give complete freedom to them to do cross border financial transaction without any government/corp investigation or restrictions.

madwica

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Bitcoin is created for many reason the thing is the best for me is people are able to earn money without many requirements you do no need to expose your personal information to do the task or to earn. that thing is great for me.

iv4n

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Probably he was sick from this system and currently available currencies. He wanted to make something transparent, where its not so easy to print money and make inflation, something new and more reliable then any currency before.
He imagined perfect technology to help us with making this world a bit better place. People are talking about changing, but money is what make people do things they do, now we have alternative in bitcoins. And that is what Nakamoto gave us, alternative, another choice, now we need to be smart to see and catch good opportunity for o0us amd our future.

Labumi

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Quote from: marleybobthedog on September 26, 2016, 07:28:13 AM

I think bitcoin was created to change the currency system. I think nakamoto had views of transforming coventional money system into online or digital system. Also he might have other views or planning with bitcoin that he had never revealed to public, May be he will come back again after 20 30 years when bitcoin will be well accepted by all countries.

I very much agree with you. because I see all the systems that used bitcoin is excellent and well-ordered in the digital world. This can be evidenced by the transaction as a whole requires digital media and could not be used outside of digital media. This is something commendable as this could provide a very good efficiency in the future

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