Judging by the message engraved in the Genesis Block, the intent for Bitcoin's creation was to end the interventionist and fraudulent fiat money scheme that led to the still unresolved world economic crisis since 2008. Bitcoin is the exact opposite of the political fiat money, whose value is constantly deteriorating because of inflation of the monetary base. Bitcoin's success is proving that the idiotic mainstream's economic dogma that inflation is needed to stimulate economic activity is completely wrong.
Bitcoin is simply much better money than fiat trash. It has the potential to make the world a freer place, by creating a sound form of money that circulates outside of governmental control and therefore can't be abused for political (power-related) motives.
ya.ya.yo!
Topic: For what was Bitcoin created? - page 18. (Read 17009 times)
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.
Satoshi would have created it for decentralisation of money and to give financial freedom to people from banking system.
He would have worried much about how banks exploit ordinary people.
He tried to create a currency which doesnot even need the approval and support of government to survive and he succeeded in his attempt.
He would have worried much about how banks exploit ordinary people.
He tried to create a currency which doesnot even need the approval and support of government to survive and he succeeded in his attempt.
There are too many reasons why bitcoin was created and I like your answers. Aside from that there are many advantages of bitcoin compared to other online payment systen. Satoshi was right in his reason for creating this bitcoin and he gained great respect from online cryptocurrency enthusiast.
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 create for us to earn free money from internet and for those who have jobless so that they can earn bitcoin for free bitcoin is a real state that we can forward earning and supported our self to spend goods and foods etc and i believe that it can support our economy special golds 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?
There are many explaining about aim of bitcoin be created, so let me for giving my opinion too at here, the bitcoins be created for making transaction around the world with fast,secure,low fees and it will become money in the future, it is free there are not regulator for bitcoin.
Yes I am agree with you. Bitcoin was created to being a currency that give costumer faster transfering money and lower fee like say. Alsothere are a p2p technology in bitcoin world that better than banks system now. Bitcoin was created to being a currency.Agree ! Purpose is to give us a alternative for the traditional banking system but also you can enter it as a faster payment method online unlike paypal it is very slow and high fees. Also we can earn from it
and know what the virtual currency it is 
To make money is one reason for sure.
But also, to make buying things online a bit more anonymous and safe, i think.
But also, to make buying things online a bit more anonymous and safe, i think.
Bitcoin not that anonymous actualy...
Satoshi would have created it for decentralisation of money and to give financial freedom to people from banking system.
He would have worried much about how banks exploit ordinary people.
He tried to create a currency which doesnot even need the approval and support of government to survive and he succeeded in his attempt.
He would have worried much about how banks exploit ordinary people.
He tried to create a currency which doesnot even need the approval and support of government to survive and he succeeded in his attempt.
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?
i think the creation of bitcoin was only for the simplicity of payment system for online user but i think it turns in many ways wrong use . because many if sites are now which offers gambling kike option with btc . which is a bad thing . i hope every person will use btc as payment system and small trade and earn through this. 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?
I think Satoshi is a genius person, he created bitcoin so we can have a freedom currency,which is not control by the government or big company, he wants to create a currency that is control by all of the user, and he expected bitcoin can become currency that can be used globally and helping human in economic, this is what i thought
I think bitcoin is created to have transactions less costly. Since almost all the things can be done digitally then why not make a digital money instead so that it can go with the flow and the more innovations people make, the more riskier it is to just let your identity be exposed to the public by using credit cards that has the possibility of being used by hackers and with bitcoin there is anonymity involved so being safe also is one of its advantages. I think it has also something to do with inflation wherein prices go up day by day and the value of money becomes lesser but with bitcoin the opposite happens because as years pass by, its value becomes bigger and bigger.
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?
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?
For me nakamoto created bitcoin to have a medium of payment on a digital system in which sometimes quite risky.. And i also think that nakamoto created bitcoin to inovate local transactions
Bitcoin was mainly created that you yourself has the control over the money.And that no one else is having control over it's supply or where, when and to whom you send it for instance. So it's all about monetary sovereignty and financial freedom.
That's why Bitcoin is one of the biggest inventions since many many decades, and probably as big and important as the internet itself.
That's why Bitcoin is one of the biggest inventions since many many decades, and probably as big and important as the internet itself.
It's is created for us to have currency that can be spend through online and for other purposes of bitcoin. Satoshi did a really good job about it because he helps a lot of people by earning bitcoins through this forum and other sites that pays bitcoin. Bitcoin is also the future money for us based on what I've read on different articles about it. It's not that bad because bitcoin has expensive value since it's price is higher than the value of a cash money that's why it is easy to adopt and use by all the people.
Bitcoin has many uses and was created as a disruptive technology in order to give people a choice and not to be just behoven to the fiat financial systems that plague our societies. It gives people access to decentralized money and not just be a pawn of corrupt governance and corporate greed.
In the times before Bitcoin, there was a challenge to create an immutable currency that could be used in a trust less environment within a decentralized network. < The mountain will be climbed, because it was there > Satoshi Nakamoto then solved this puzzle < The Byzantine Generals Problem >, by putting different concepts together and in doing so, came up with a technology that solved several other problems.
The genius behind this, is mind boggling! ^smile^
The genius behind this, is mind boggling! ^smile^
To make money is one reason for sure.
But also, to make buying things online a bit more anonymous and safe, i think.
But also, to make buying things online a bit more anonymous and safe, i think.
It's funny, because *everything* depends on people believing in bitcoin. It's not backed by debt, governments, central banks, or gold or silver. It doesn't physically exist. Bitcoin is so strange to me, but the community is so hardcore. But yeah, it was created to transcend governments and banks, and it's doing a damn good job, I'd say. Not that bitcoin users are spending it like money, because I'd say most are not, but it's been adopted in the nerd community and the dark markets. That's definitely something.
+1 to this.
I have a hard time when explaining Bitcoin to another people
There are many explaining about aim of bitcoin be created, so let me for giving my opinion too at here, the bitcoins be created for making transaction around the world with fast,secure,low fees and it will become money in the future, it is free there are not regulator for bitcoin.
Yes I am agree with you. Bitcoin was created to being a currency that give costumer faster transfering money and lower fee like say. Alsothere are a p2p technology in bitcoin world that better than banks system now. Bitcoin was created to being a currency.
There are many explaining about aim of bitcoin be created, so let me for giving my opinion too at here, the bitcoins be created for making transaction around the world with fast,secure,low fees and it will become money in the future, it is free there are not regulator for bitcoin.
Yes I am agree with you. Bitcoin was created to being a currency that give costumer faster transfering money and lower fee like say. Alsothere are a p2p technology in bitcoin world that better than banks system now. Bitcoin was created to being a currency.
Since bitcoin was created for so many reason, We knew also that many people are very thankful into it. For what the good things about in bitcoin is the decentralized, were no bank don't have any capability to control neither the government can't control it too.
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