The BitCoin Cause | Bitcointalksearch.org

YuginKadoya

legendary

Activity: 3038

Merit: 1169

Quote from: the.jack20 on February 27, 2017, 04:39:13 AM

Quote from: YuginKadoya on February 24, 2017, 08:33:03 AM

Quote from: the.jack20 on February 24, 2017, 07:03:19 AM

Quote from: Idrisu on February 20, 2017, 10:12:30 AM

I didn't know what is in the mind of a cryptographer called " satoshi Nakamoto before creating bitcoin but from it nature we can easily understand what he has in mind. Bitcoin is a decentralized currency, it's not subject to conventional currencies, no government can control it, it's not subject to Government regulations authority such as bank and others financial regulatory authority.

I wish Satoshi shared his goal of creating a bitcoin. We are making comments based on the results that bitcoin created. Satoshi may not have thought about these things. The aim was to create a digital money that was easy to use. But in time, he may have created effects that he can not even think of.

Well we can never tell what is he thinking right now, but I am very thankful to him and we are all very lucky in experiencing this kind of opportunity of having and knowing bitcoins was one of the best experience I ever had that is why I am very thankful to him, and we all should be thankful if he doesn't share to anyone what his goals with bitcoin I think he had something important to do than getting involve and show himself to the public.

The Internet has revolutionized the Internet for the first time when it is opened to the use of ordinary people.
Bitcoin is also doing the same revolution. So innovations that have brought in payment systems are as exciting as the first appearance of the internet.

Well the main center really was the internet and I think if it is not because of the internet bitcoin would not really possible and we are in the age of the Online world right now and it is really convenient for us in the bitcoin community and if the internet would be gone so does bitcoin!

Windpower

hero member

Activity: 532

Merit: 501

Quote from: shamzblueworld on February 19, 2017, 11:44:59 PM

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

Bitcoin was created so that everyone could move away from fiat and banks and instead use a decentralized currency that is completely anonymous. Some might say that it is a pyramid or ponzi scheme, but it definitely is not. I think that it is has definitely done it's job, to a certain extent, because a lot of people are now using it online as their main form of currency instead of fiat. Bitcoin is made for everyone to use, if you are smart enough to invest into it, then you should definitely use it.

the.jack20

full member

Activity: 121

Merit: 100

Quote from: YuginKadoya on February 24, 2017, 08:33:03 AM

Quote from: the.jack20 on February 24, 2017, 07:03:19 AM

Quote from: Idrisu on February 20, 2017, 10:12:30 AM

I didn't know what is in the mind of a cryptographer called " satoshi Nakamoto before creating bitcoin but from it nature we can easily understand what he has in mind. Bitcoin is a decentralized currency, it's not subject to conventional currencies, no government can control it, it's not subject to Government regulations authority such as bank and others financial regulatory authority.

I wish Satoshi shared his goal of creating a bitcoin. We are making comments based on the results that bitcoin created. Satoshi may not have thought about these things. The aim was to create a digital money that was easy to use. But in time, he may have created effects that he can not even think of.

Well we can never tell what is he thinking right now, but I am very thankful to him and we are all very lucky in experiencing this kind of opportunity of having and knowing bitcoins was one of the best experience I ever had that is why I am very thankful to him, and we all should be thankful if he doesn't share to anyone what his goals with bitcoin I think he had something important to do than getting involve and show himself to the public.

The Internet has revolutionized the Internet for the first time when it is opened to the use of ordinary people.
Bitcoin is also doing the same revolution. So innovations that have brought in payment systems are as exciting as the first appearance of the internet.

BitFinnese

copper member

Activity: 1050

Merit: 500

Quote from: shamzblueworld on February 19, 2017, 11:44:59 PM

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

I think Bitcoin was created to escape from the grasp and control of the financial institution. The feature of being decentralized showing us that each one can use a currency that is out of control of the established financial institution. To show the world that people does not need bank to asses them in transfering money or purchasing online.

JasonXG

hero member

Activity: 770

Merit: 500

Quote from: shamzblueworld on February 19, 2017, 11:44:59 PM

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

Being a full member you should actually know this by now. But since you just ask...
Bitcoin was created to be decentralized and not having to rely on anything or anyone on a trustless network. Noone owns it. Noone owns your wallet it's fully in your control unlike a bank where your money is in there accounts and they use it to make a crap ton with investments.

uneng

hero member

Activity: 2044

Merit: 784

Leading Crypto Sports Betting & Casino Platform

Quote from: shamzblueworld on February 19, 2017, 11:44:59 PM

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

Bitcoin is to buy anything you want. We aren't doing this now for two reasons: few stores accept it as payment and it's not a smart idea to use bitcoin as currency now, as the price is increasing even more, if we spend it, we won't make profit by holding.
In the future, when the price become stable we will use it as normal currency like any other. Until there we will just hold it and use rarely to pay for some stuff and online services.

PeRo

hero member

Activity: 1042

Merit: 538

Defend Bitcoin and its PoW: bitcoincleanup.com

Well, it is a currency, like any other so I guess it was made for spending. Sure, it has a moving price and it can cost 10$ or 1000$, but it does not change the fact that it is a currency, not only an investment. It isn't safe to use because of the price, but you can also use that to pay less.

Juggy777

hero member

Activity: 2646

Merit: 686

When I read your title I thought you were seriously speaking about a cause, but this is again a thread questioning the way Bitcoin can be used. Look op Bitcoin was created as a currency that was meant to be decentralised and since it's a currency and it can be used any way the people want it, so there no need to find the way it was for or what people can or should do. This is a free currency and it can be used freely so no need to tell people what to do, cause they will do what they wish to do. I feel you should have made a thread to find ways how to spread Bitcoin in the outside world. Especially when plain words are failing to spread the word.

LittleBitFunny

full member

Activity: 1414

Merit: 129

The first decentralized crypto betting platform

It was sort of like that - it was the idea of a decentralised currency, one which didn't have to go through the Government and which is given value by the people who use it. It's also great because you don't need to give any private details to send Bitcoin to people over the Internet and therefore it's anonymous (not fully but to some extent).

Unfortunately due to block size issues etc Bitcoin is becoming very inconvenient for people to use in everyday or casual transactions - using my Blockchain wallet, I raised the transaction fee from their default but my small transaction has 0 confirmations after over an hour.

doomistake

hero member

Activity: 1400

Merit: 571

Quote from: shamzblueworld on February 19, 2017, 11:44:59 PM

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

Bitcoin was made to be used by people here online as a virtual money, without being manipulated by the Government since they are stealing our money, I mean some of them are stealing our money secretly, so that is why bitcoin was invented by Satoshi Nakamoto. Making the bitcoin as a decentralized coin and everyone can use it, is one of the great reason why we love using it.

And since bitcoin is already popular all over the world, we, all the bitcoin users are just waiting for the Government to accept this coin as a payment for every transaction that we are going to make in our everyday living, though in my opinion, it would not worth it if we are going to use bitcoin on our daily basis, because bitcoins price is always fluctuating and nowadays it never gets low on $1000.

So my point is, if we are going to use it everyday, we are like wasting the profit that we could earn out of it every time that its price would go up higher than its price before, so, it would be wise if we are going to convert it in fiat first in order to not lose any profit that we could have on bitcoin.

coynedterm

hero member

Activity: 882

Merit: 500

Quote from: shamzblueworld on February 19, 2017, 11:44:59 PM

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

The founder of bitcoin is satoshi nakamoto , His motive to make Bitcoin was not to spread his network of bitcoin all over the world through internet .
Actually satoshi wants to show his talent of programming , He wants show that he can make a better banking system in the world which is much powerful and trusted in comparison of the traditional banking program of the whole world .Finally he proves his best and proved that bitcoin is a more big thing in the bitcoin network which is more time powerful and trusted than bank .

naughty1

sr. member

Activity: 406

Merit: 250

as I know, initially, when the economic crisis took place, and on a pole. currency depreciated a lot, so, a few people got together research and put forward the idea of Bitcoin. which here is seen as a convertible currency to keep the value of real money in that time, the aim is to minimize the damage from the global economic crisis. That is the information I know. That is the cause appeared Bitcoin

YuginKadoya

legendary

Activity: 3038

Merit: 1169

Quote from: the.jack20 on February 24, 2017, 07:03:19 AM

Quote from: Idrisu on February 20, 2017, 10:12:30 AM

I didn't know what is in the mind of a cryptographer called " satoshi Nakamoto before creating bitcoin but from it nature we can easily understand what he has in mind. Bitcoin is a decentralized currency, it's not subject to conventional currencies, no government can control it, it's not subject to Government regulations authority such as bank and others financial regulatory authority.

I wish Satoshi shared his goal of creating a bitcoin. We are making comments based on the results that bitcoin created. Satoshi may not have thought about these things. The aim was to create a digital money that was easy to use. But in time, he may have created effects that he can not even think of.

Well we can never tell what is he thinking right now, but I am very thankful to him and we are all very lucky in experiencing this kind of opportunity of having and knowing bitcoins was one of the best experience I ever had that is why I am very thankful to him, and we all should be thankful if he doesn't share to anyone what his goals with bitcoin I think he had something important to do than getting involve and show himself to the public.

the.jack20

full member

Activity: 121

Merit: 100

Quote from: Idrisu on February 20, 2017, 10:12:30 AM

I didn't know what is in the mind of a cryptographer called " satoshi Nakamoto before creating bitcoin but from it nature we can easily understand what he has in mind. Bitcoin is a decentralized currency, it's not subject to conventional currencies, no government can control it, it's not subject to Government regulations authority such as bank and others financial regulatory authority.

I wish Satoshi shared his goal of creating a bitcoin. We are making comments based on the results that bitcoin created. Satoshi may not have thought about these things. The aim was to create a digital money that was easy to use. But in time, he may have created effects that he can not even think of.

SpousedHF

newbie

Activity: 14

Merit: 0

Not every store accepts it but a lot more of them are starting to accept it which I find interesting. I never thought it would make it this far but it has and shocked me indeed.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: warwar on February 22, 2017, 02:58:28 AM

I think bitcoin is not really made or launched for that purposed to be a payment methods on some shops.The main reason bitcoin is launch and made is for the creator and developers to earn and make money online and not intended to be one of the main currencies around the world.so for me i think its not

Are you trying to tell everybody that Bitcoin is like an altcoin and therefore a ponzi scheme? I know you can think of an argument in saying that Satoshi has a large amount of mined coins before the network became popular so he might have some intention of becoming rich. But the developers, can you tell us the process how they make and earn money with their contributions?

shamzblueworld

hero member

Activity: 714

Merit: 500

Quote from: Wind_FURY on February 21, 2017, 10:53:48 PM

Quote from: shamzblueworld on February 20, 2017, 11:58:55 PM

I agree. Now about the second question, "for whom?" Was it really meant for a common man too? Or just for the people with lot money and who don't want to pay taxes or involve a third party or even don't want to let anyone( or government) know about the sources or amount of their income etc.
Who knows Satoshi could be hired by a drug lord or a mafia king to make this and everything what we see is just only what they want us to see.

Are you really serious with that thought? I could accept that it could be created by someone in the NSA, CIA or DARPA but drug lords and the mafia? There is too much harebrained thinking in your comment. For you, did it come to mind that the main reason for the creation of Bitcoin was to disrupt the banking system and not to hide wealth from the government?

If you can accept NSA, CIA or DARPA why not a person with billions to hide from the government and make transactions freely as well? Won't this theory make more sense?

audaciousbeing

hero member

Activity: 1330

Merit: 569

Quote from: shamzblueworld on February 19, 2017, 11:44:59 PM

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

From the what I have read and even following how events have unfolded, I have a believe that bitcoin was intended to function as a currency and because of the issues that arises with that, thats why people start having a doubt concerning the subject matter. In the early years of bitcoin, I have read how a large number of coins will only be worthwhile to buy a pizza but same is not happening today. So if that can happen in the early years, then there is no doubt that the use of bitcoin as a currency has been even before this time.

Antesth

member

Activity: 71

Merit: 10

Quote from: shamzblueworld on February 19, 2017, 11:44:59 PM

So I saw many threads on will bitcoin be used by common people or when it will be used by all over the world and for buying groceries etc.
But I wonder, was bitcoin actually meant to be used like that? What was the actual cause for creating bitcoin? And for whom it was meant to be?
Any facts or thoughts?

The cause for making the Bitcoin was that you can transfer money anonymously.
And the Bitcoin was meant for everyone that wants to use it.

Kakmakr

legendary

Activity: 3542

Merit: 1966

Leading Crypto Sports Betting & Casino Platform

I would guess Satoshi's goal for Bitcoin was to be a Peer-to-Peer Electronic Cash System, like the whitepaper stipulates. People then started to trade with it as a commodity and use it for other purposes and it evolved from a Peer-to-Peer Electronic Cash System, to something with many other applications.

So let's not force Bitcoin into one box, if it is possible to fit it into many boxes. ^smile^

Topic: The BitCoin Cause (Read 2409 times)