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Topic: What was the idea behind the creation of Bitcoin? - page 2. (Read 303 times)

hero member
Activity: 952
Merit: 662
Well snow is cold, then what?

I don't think people are still don't understand what is Bitcoin and the use cases, after all you're keep repeating a common discussion over and over.

32 posts you posted in this forum are consist of 22 threads and 10 replies, there's no one force you to keep creating a new thread.
sr. member
Activity: 448
Merit: 560
Crypto Casino and Sportsbook
A lot of people talk about steps to becoming a good Bitcoin investor or tech bro in the crypto space. The point is how really can this be achieved?.well achieving this is not a very simple task , however there is a simple point to note.
To become successful in the crypto space you have to first understand the idea behind the crypto space (emphasis on Bitcoin).
The first question is what is the idea behind bitcoin. It may seem vague but it was this idea that prompted the pseudonymous entity Satoshi to create Bitcoin.
 This idea was;
 1. Creating a currency that was not controlled by any entity especially the government.This can be summarized as Decentralization in other words you are in total control of your assets.
 2. Creating a currency that would not require any means of identification.Making it quite impossible to totally track a user still making it possible to notice transactions by that user.This can be summed up as Anonymity.
3.Creating a currency as secure as possible.
With these being said,logically the main idea behind bitcoin is Anonymity,Decentralization  and Security.

Come to think of it ,understanding the reason something was created gives you the best sense of use and therefore an edge over others in the same space which in this case is the crypto space.

And most importantly Don't forget to keep your keys safe 😁
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