Topic: Why bitcoin is created? - page 21. (Read 2556 times)
Bitcoin was created to change existing relationships between people. The first changes are already noticeable. I think that Bitcoin can not be stopped.
I think bitcoin is created because we are already on digital technology and it was created for all of us to used for transaction in most convinient way.And help people to improved our living.
Think, the programmers that created Bitcoin was really fed up with all this banking system. That's why they decided to make currency that won't depend on banks but only on people.
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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Bitcoin dibuat agar terdistribusi dengan baik, sehingga tidak ada titik kesalahan yang dapat merusak block chain baik secara sengaja maupun tidak disengaja. 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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Bitcoin is created to overcome various financial problems and the existing financial system with many advantages, such as;
1. Security.
unlike conventional currencies, the cryptographic rules applied to bitcoin make it secure.
2. Able to act as a global currency.
Although each country has its own currency, bitcoin remains present and enters it. Bitcoin knows no national borders, does not waver due to political conditions in government, and is not affected by anything.
3. As a protector of inflation.
Like gold, bitcoin is thought to act as a protected value of inflation. Bitcoin can suppress excessive inflation rate.
4. Savings.
Bitcoin is a new form of community savings that is applied with a system that is not troublesome. In addition to saving, all the usual financial intermediaries in banks can be eliminated. The bitcoin holders also do not need to pay service fees and registration.
1. Security.
unlike conventional currencies, the cryptographic rules applied to bitcoin make it secure.
2. Able to act as a global currency.
Although each country has its own currency, bitcoin remains present and enters it. Bitcoin knows no national borders, does not waver due to political conditions in government, and is not affected by anything.
3. As a protector of inflation.
Like gold, bitcoin is thought to act as a protected value of inflation. Bitcoin can suppress excessive inflation rate.
4. Savings.
Bitcoin is a new form of community savings that is applied with a system that is not troublesome. In addition to saving, all the usual financial intermediaries in banks can be eliminated. The bitcoin holders also do not need to pay service fees and registration.
Btc was created as an alternative to the future currency, where it can evolve according to changing times And can support the lifestyles of today's people who are beginning to rely on sophisticated technologi
Well I think the main purpose of bitcoin is to make the transaction easier worldwide and to break the limitation of transaction placed upon individuals by monitory agencies. Bitcoin also increased which made other people to make it as an asset. Having bitcoin in a wallet is a great thing because it has the potential to increase its value depending on the movement of the market.
its all about us !!!
It is created and held electronically. Bitcoins aren't printed, like dollars or euros-they are produced by computers all around the world, using free software.
It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies,with verification based on cryptography.
Bitcoin is created to reform our financial system today. Decentralization is one of the reasons why bitcoin survived for decades. It is made to transact directly with others especially when you are both came from different countries. It is also created because the makers want us to adapt to technology that even the system of payment must be done in digital money. It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies,with verification based on cryptography.
It is created and held electronically. Bitcoins aren't printed, like dollars or euros-they are produced by computers all around the world, using free software.
It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies,with verification based on cryptography.
It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies,with verification based on cryptography.
Bitcoin created decentralized trust. Understanding the implications of this are critical in understanding bitcoin.
Very well.! Bitcoin was created as what you said payments, and to change the world of money. This purposes of bitcoin in the world economy will effect in more challenges from now. This crypto business now is a new form on how to catch up the people around the globe by entering with this business. If this business will accept in all the world then the world will become more newly in terms of handling business. The creation of bitcoin will prevail its future in the future slowly but surely.
Interesting reading! I'm new to crypto so this thread is a bit of an eye opener.
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
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I think bitcoin was created generally to provide a quick and secure global transactions because this system works without a single administrator. 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
My feeling is that BTC was created mostly as an academic exercise: only later the inventor realized the real and financial implications
Bitcoin is a consensual network that has led to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, controlled by its users without central authority or middleman. From a user's point of view, bitcoins are much like Internet cash. Bitcoin can also be seen as the most outstanding three-way bookkeeping system.
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
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I agree with you op 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
Computerized world and advanced ways . Bitcoin is advanced money. Bitcoin is additionally the most costly computerized coin and it is nearly contrast with the gold. To enhance the installments and exchange and in the Internet world. Bitcoin can likewise be seen as the most unmistakable record keeping framework presently accessible.
bitcoin made can likewise be valuable by numerous organizations around the globe and in light of the fact that the advanced money makes a ton of work to win an additional pay else here is you can procure an incredible salary with crypto with your relentless specialist, so if your demeanor resembles dependably Do buckle down then your integrity in crypto on the grounds that what we require here and learning here is likewise constant.
Firstly,It has been created to create a field of income among the people of the world.Secondly, for improving human financial condition on earth.Thirdly,for the removal of unemployment and Finally to understand all about digital currency.
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