The purpose of bitcoin was created to make people around the world be able to trade a digital currency at a lower transaction cost and, moreover, beat the inflation rate and create an investment environment. for investors
Topic: The primary idea of bitcoin - page 2. (Read 1355 times)
i think for him the main goals was just to create something decentralised. he could have not imagined it would go this way.
and like most things that are designed for something are and going to be used for something else. but when he started imo it would have been to create the tech nothing els
and like most things that are designed for something are and going to be used for something else. but when he started imo it would have been to create the tech nothing els
Nobody can come up with the innovation that can entirely solve the world's problems. Satoshi's aim on the development of cryptocurrency is decentralization and maybe financial freedom. It does not mean that some very rich individuals will not take the advantage of the innovation but yet it will affect a great percentage of the targeted people.
the basic idea of bitcoin is to transfer money safely without intermediaries. naturally this is causing some illegal actions.
I think, the main idea of Mr. Satoshi Nakamoto is to keep us away from a centralized financial system, as it is now. Where, capitalists can easily control finances around the world
The main idea of bitcoin is to grow to develop earning on bitcoin and in the future bitcoin will be very useful
Bitcoin at it's center was proposed to be utilized as a money which could conceivably topple fiat. Be that as it may, by the day's end regardless of whether it doesn't prevail with regards to doing that despite everything it has brought the blockchain which is a progressive bit of innovation
In my point of view the primary idea of bitcoin it's freedom. Bitcoin is not backed by any country's central bank or government, so it's free currency. But it's very popular currency among people, so bitcoins can be traded for goods or services with vendors who accept Bitcoins as payment.
Possibly this sounds peculiar however I believe that Satoshi didn't have so huge plans for bitcoin like it has grown at this point. Most likely the thought was to present the new innovation and some virtual cash in new virtual period, to give individuals some contrasting option to customary fiat monetary standards and brought together funds. Possibly Satoshi didn't expected that bitcoin will make so enormous progress out of nothing.
In any case, I'm certain he didn't need restrict bitcoin just to specific gatherings of individuals and that lone couple of benefit out of it however things frequently turn out unique in relation to we need them.
In any case, I'm certain he didn't need restrict bitcoin just to specific gatherings of individuals and that lone couple of benefit out of it however things frequently turn out unique in relation to we need them.
The primary idea was a great one and beside big investors and speculators, I think it was the one that caused a huge FOMO of the real people who believe in a truly revolutionary idea of free us to central authorities.
The decentralization thing that took place at first was like the new internet and that is the point we can start sure it happened. For the rest who really knows what this will drive. Stay safe
The decentralization thing that took place at first was like the new internet and that is the point we can start sure it happened. For the rest who really knows what this will drive. Stay safe
Bitcoin is here to be able to make the world better and society more prosperous and support the world economy towards a better direction. In the end bitcoin will become a world currency that applies to all transactions and is recognized by the world of its existence.
As far as I'm concerned, the main idea of bitcoin is to make the world share the same kind of digital money and make transaction costs less costly for the trader and make the receiver simpler to use.
I think Satoshi Nakamoto's idea is to create something completely different from traditional internet technology, and more importantly, he wants to make a lot of money out of his gaming interests.
Bitcoin has shown us to know that, they are what we called digital asset, which many also known as Crypto currency that can be investing and trading towards the community, which has been helpful and job opportunity to many people.
For me, bitcoin is the new way of earning money by the use of investing, trading and sometimes mining. As what I observed this is the way to have decentralization and i think sooner or later bitcoin become a new payment tool in some countries that accepts bitcoin and also the next generation will really benefits this in some point because it maube replacing cash to bitcoin that has some good effects for use.
I think the main idea of Bitcoin is to become a payment tool, trading on the Internet, replacing cash to become the next generation currency.
Hello,
I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.
I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...
And finally happened what happened, rich got only very small percentage, while others live as they lived before...
What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.
I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...
And finally happened what happened, rich got only very small percentage, while others live as they lived before...
What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
The main idea of bitcoin is to make everyone who trusts and invest in bitcoin to make it harder than ever in the world we do not need to work so we can improve ourselves by investing and trusting bitcoin .
First of all, the idea of bitcoin is to become a currency. Today, everyone considers it a magical asset that makes a profit out of nowhere. It is sad that people are afraid to spend bitcoin, because "it might be more valuable in the future", so they just keep it in their wallets or speculate on the exchange. I don't see much of the actual use of bitcoin, there aren't many shops or places where you can use it. Everyone sees bitcoin as a success because of its price, but in my opinion it fails as a currency. The cost is high and there is not enough space to spend it. Maybe the idea is to introduce new technologies and some virtual currencies in a new virtual era, to give people some alternatives to traditional fiat currencies and centralized finance. Maybe even Satoshi did not suspect that bitcoin would achieve great success from nothing. But I'm sure he doesn't want to limit bitcoin only to certain groups of people and only a few benefits from it but things often change differently than we want.
Hello,
I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.
I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...
And finally happened what happened, rich got only very small percentage, while others live as they lived before...
What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
I think bitcoin was made to lessen the burden or hassle in money transactions. To avoid or minimize the risks in bringing big money that will be a risk of our life too. This is just my idea I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.
I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...
And finally happened what happened, rich got only very small percentage, while others live as they lived before...
What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
I imagine that Satoshi didn't have so huge plans for bitcoin like it has grown at this point. Most likely the thought was to present the new innovation and some virtual money in new virtual period, to give individuals some other option to customary fiat monetary forms and unified accounts. Perhaps Satoshi didn't expected that bitcoin will make so huge progress out of nothing.
Yet, I'm certain he didn't need constrain bitcoin just to specific gatherings of individuals and that exclusive couple of benefit out of it yet things frequently turn out unique in relation to we need them.
Yet, I'm certain he didn't need constrain bitcoin just to specific gatherings of individuals and that exclusive couple of benefit out of it yet things frequently turn out unique in relation to we need them.
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