Why bitcoin is created? - page 2. | Bitcointalksearch.org

Kita Kita

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Quote from: Carmen01 on January 29, 2018, 11:46:19 PM

It's created also to be useful by many business all around the world and because of digital currency it's created a lot of job to earn extra income another thing here is you can earn big by crypto with your non stop hardworking so if your attitude is like always do hardwork then your good in crypto because that what we need here and knowledge here also is non-stop.

Bitcoin is created for us to have a new currency and also for us to have a new payment system. Bitcoin is also created for us to have a digital money which we can cash out anytime we want. This means bitcoin is created to help us people to have a hassle free world. It makes the world more accessible and life easier.

1jaffa1

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I think basically, society needed an alternative to the regular financial system through which people could trade. When Satoshi Nakamoto invented Bitcoin peer-to-peer transaction system, society got the best alternative yet. Now, everyone can try his luck with day-trading, mining, etc. Important part is that today we have stabile digital currency that is used all over the world for transactions of all sorts. Most of the online traders use Bitcoin nowadays and even some of the biggest networks included Bitcoin as a valid method of payment, such as Microsoft, Amazon, etc.

bitcoinjasensatom

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Quote from: mirawantirinjana on January 30, 2018, 02:23:17 AM

bitcoin is created first for consensus networking purposes that enables new payment systems and fully digital money. Bitcoin is the first decentralized peer-to-peer payment network that is fully controlled by its users without central or intermediary authority. From the user's point of view, Bitcoin is similar to cash in the internet world. Bitcoin can also be viewed as the most prominent record keeping system currently available.

Bitcoin also created for the future of the cashless world. It's core with blockchain technology that make our investment free from the prey eye. Bitcoin also created to lesser our transaction charges and make the process faster unlike the traditional banking. And most of all more people earn profits from Bitcoin.

nory51

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bitcoin is created to give people an opportunity to be rich to help another people to live better for the good source of income. for me I think bitcoin was invented to help

ETHtotheMOON1

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Quote from: kitkat04 on January 29, 2018, 12:15:13 PM

Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created?
Here are some reason :
* To change the perception of all people about the digital currency.
* To improve the payments and transactions and in the internet world.
* To become the image of money around the world.
* To protect or hides the identity of the user, for security purposes.
* To give an opportunity to all people around the world to earn a secondary income.
* To upgrade the currency because everything in this world is now upgrading.

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I believe the most crucial aspect of blockchain and bitcoin is decentralization. It's bringing the power back to the hands of people, if used as per the original plan. It's complete opposite of central banks etc

ajoygb

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Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. It is created to help us improve our living especially that technologies is highly demanded and every one is busy. One of the best thing I like is that we don't need to go to bank especially if you are traveling around the world.

NNMT

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Bitcoins are created because in order to meet human needs, which traditional currencies do not have, these are the following: fragmentation, widespread perceptiveness, durability, ease of transport, scarcity, transparency, anonymity.

jerowacik

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Bitcoins are created in a regular and predictable fashion, and by many different users, so no one can decide to make a whole lot more and lessen their value. In short, Bitcoin is designed to be inflation-proof, double-spend-proof and completely distributed.

shultz1994

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To these thoughts, you can add a few more points : 1. The fight against banks and their committees, 2. Fight against corruption. This is almost the most important point for the world economy.

gwapaMe

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Quote from: kitkat04 on January 29, 2018, 12:15:13 PM

Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created?
Here are some reason :
* To change the perception of all people about the digital currency.
* To improve the payments and transactions and in the internet world.
* To become the image of money around the world.
* To protect or hides the identity of the user, for security purposes.
* To give an opportunity to all people around the world to earn a secondary income.
* To upgrade the currency because everything in this world is now upgrading.

SHARE YOUR THOUGHTS

If this post is worth of your merit, Thank you

Blockchain technology will impact every person and business globally, specialy everything can access through internet. So bitcoin is created.

NEUROSEED

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Quote from: cosmoo on April 23, 2018, 05:30:45 AM

Because of genius of one or several men who wanted to change the financial world and get rich a little bit. Just a dreamers.

Would you like to change the financial world like those men? Wink

Petmalu001

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Well Bitcoins created also to be useful by many business all around the world and because of digital currency it's created a lot of job to earn extra income

another thing here is you can earn big by crypto with your non stop hardworking so if your attitude is like always do hardwork then your good in crypto

because that what we need here and knowledge here also is non-stop. But first of all you need to study about bitcoin so that you'll get it easily to get a

money or token in bitcoin and bitcoin it can easy to pay your bills, pay your transactions online, or buying some products online.

jamiebear

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The 2008 financial crisis was the worst economic disaster since the Great Depression. Lehman Brothers, a popular bank, declared bankruptcy holding over $600 billion in assets.It was created after this crisis as a way for users to take control of their money, instead of trusting the financial system.It also happens to be faster then the way banks transfer money. It was also used as a way to transact while anonymous. We later find out Bitcoin isn’t as anonymous as we thought, but newer coins (such as XMR, monero) were created to solve the issue.

mihir2018

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Bitcoin has been created for our various advantages. For the convenience of the transaction, to inform everyone about the cryptocurrency. To keep more secure and reduce transaction costs and the world as a new staractural look.

carelessboy

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Bitcoin very digital currency and very popular in virtual life.i think bitcoin bitcoin created for chance our reality money system and whole worldwide people use this currency or we know bitcoin transaction very fast and bitcoin is good place for stoke your money.

cosmoo

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Because of genius of one or several men who wanted to change the financial world and get rich a little bit. Just a dreamers.

sumanto

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most likely dreaded by some people who play bitcoin is when bitcoin prices collapse and do not have a sale price at all, I think only people who are still lacking about bitcoin education are scared.

Tengcreneng

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Quote from: oracleongoodbye on April 23, 2018, 02:50:47 AM

The main purpose of creating Bitcoin is to make financial transactions easier, more secure and faster. Since it has been created it has evolved after just being a digital currency for transferring or moving money from anywhere in the world, to anyone at any time, it began to be an asset, something that can store a value. and as time goes by it also became a means of providing jobs for people who are willing to invest time and effort to earn some coins, a living if they want to.

All your answers are very true and I really agree. But the thing I like most about Bitcoin is that Bitcoin can create jobs for people who need them. Because right now I'm really focused on Bitcoin and working entirely here. I'm sure the results obtained from here are huge and sufficient to meet my needs without having to look for another job.

Cutieh01

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Quote from: Sexie on April 23, 2018, 04:51:38 AM

Quote from: kitkat04 on January 29, 2018, 12:15:13 PM

Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created?
Here are some reason :
* To change the perception of all people about the digital currency.
* To improve the payments and transactions and in the internet world.
* To become the image of money around the world.
* To protect or hides the identity of the user, for security purposes.
* To give an opportunity to all people around the world to earn a secondary income.
* To upgrade the currency because everything in this world is now upgrading.

SHARE YOUR THOUGHTS

If this post is worth of your merit, Thank you

That could be the main reasons why big groups of companies and investors are using bitcoins . More people are adopting bitcoin as passive way of income or even as their main job. The most of what people make them easy to earn bitcoin is through investing . On the other hand bitcoin was created as reward for any bitcoin mining and services to be exchanged to other local currencies.
https://en.wikipedia.org/wiki/Bitcoin

Bitcoin as the worlds leading cryptocurrency it is created to make our life easier. Bitcoin is created for us to have a extra income for people to support their needs. Improve the payment and transactions by means of paying using the mobile phone since mobile technology is very rampant in todays world.

Sexie

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Activity: 420

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Quote from: kitkat04 on January 29, 2018, 12:15:13 PM

Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created?
Here are some reason :
* To change the perception of all people about the digital currency.
* To improve the payments and transactions and in the internet world.
* To become the image of money around the world.
* To protect or hides the identity of the user, for security purposes.
* To give an opportunity to all people around the world to earn a secondary income.
* To upgrade the currency because everything in this world is now upgrading.

SHARE YOUR THOUGHTS

If this post is worth of your merit, Thank you

That could be the main reasons why big groups of companies and investors are using bitcoins . More people are adopting bitcoin as passive way of income or even as their main job. The most of what people make them easy to earn bitcoin is through investing . On the other hand bitcoin was created as reward for any bitcoin mining and services to be exchanged to other local currencies.
https://en.wikipedia.org/wiki/Bitcoin

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