Topic: Why bitcoin is created? - page 27. (Read 2563 times)
We to know the generation now is very up-gradable and advance technology bitcoin create to human life to fast get a money supply through internet so we need a good quality and huge money in a present anonymous can created a bitcoin for making a transaction in any country.
Bitcoin was created for the poor people that dont get a job because bitcoin is just easy to get a money you just need to be diligence but first of all you need to study about bitcoin so that you'll get it easily to get a money/token in bitcoin and bitcoin can pay your bills
Sorry man, this is not created for the purpose that it will help poor people, instead this is just a way to develop a new technology that might bring us into new era(computer era). Most probably poor countries won't after these technology cause it only add burden to them. Still we need money to start for this, and I really don't think that poor people will just take prior of buying gadgets than of their food and daily needs.
As Nakamoto wrote, "What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party."
Bitcoins are created according to human needs. Faster payments and lower fees will be met by future bitcoins. It can also be a good investment. Helps make a lot of profits. Bitcoin also connects multiple bitcoin users together. Many new business forms are created and the main payment method is bitcoin.
Well I think, bitcoin was created because of the advanced technology. We all know that the generation as of now are using a High technology and there are so many people that are using it such as gadgets like; cellphone,tablet,laptop,netbook, and computer. I think people who are created bitcoin will come to that idea that's why they make a digital currency to make all transaction will become easy with the help of the internet.
Bitcoin's main vision is to be the world's currency
for that bitoin is created, and another reason I suppose to, create a field of business for everyone
because bitcoin, can change your economic situation for the better
for that bitoin is created, and another reason I suppose to, create a field of business for everyone
because bitcoin, can change your economic situation for the better
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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You missed the main point decentralization. Bitcoin was created and with the help of bitcoin people can now express their financial freedom. Owning bitcoin means you are the sole owner of it and only you have your rights over your coins. Even the government can't seize or control your money.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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This is the reason why I like to use digital currencies especially bitcoin, to express my financial freedom though even if we are free we can't always fight the laws because it keep us from being safe and in control.
In my opinion and experienced, bitcoin was created to help those poor people who don't have job. By means of trading and mining,these poo people can earn free bitcoins and turn into an extra income that can be used in some digital transactions. Also the goal of its creator is to prove that anyone whether it is rich or poor can perform transaction in the digital currency. Aside from helping the poor,bitcoins also has a big part in the life of every risk takers who wants to be profitable. These risk takers seen a potential that in this crypto world,it is easy to earn an extra money rather waiting for monthly wages.
I think bitcoin is created because in this modern era, technology is everything. Digital currency is introduced in order for us people to cope with the rapid rise of trend in the field of technology. It also offers ease to consumers and also to investors because there will be no hassle in all transactions because everything can be made possible with the use of internet. Bitcoin also can be a source of new ideas for the next few years to promote more in advancement of our everyday lives.
It was created 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. 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
Bitcoin is made in accordance with the initial goal to make currency, but many obstacles for bitcoin to be accepted as currency, the price of fluctuating bitcoin, the prohibition in various countries that do not receive bitcoin as a medium of payment to make bitcoin not in accordance with the purpose beginning to make its bitcoin as the official currency
because it facilitates unemployment and society to find better jobs and improve our economy.
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
You missed the main point decentralization. Bitcoin was created and with the help of bitcoin people can now express their financial freedom. Owning bitcoin means you are the sole owner of it and only you have your rights over your coins. Even the government can't seize or control your money. 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
Agreed. Bitcoin is not a just medium of financial transaction handling, it is a developed platform for build real world application on top of Bitcoin network. It point out usage of block chain technology for crypto currency with new interface.
bitcoin is created as virtual money that can be used or accessed by all people who like simple way for their trading activities in crypto currency. Thus, it can make stabil in a economic state because it is safely system that can give all users never feel worried because of bed assumption from people that hate to bitcoin system. So, in my opinion that bitcoin is created for doing better in economic states or people.
Wow i'm amazed that on this forum no one seems to know about crypto currency genesis. 
To be short (you do your research :p), few keys elements :
Orwell's "1984".
Cypher punks.
Crypto anarchists.
Satoshi Nakomoto.
by Eric Hughes in his Cypherpunk’s manifesto of 1993:
Fascinating story/project.
Ended to be almost the opposit of what it was first designed for
. (yay speculation)
To be short (you do your research :p), few keys elements :
Orwell's "1984".
Cypher punks.
Crypto anarchists.
Satoshi Nakomoto.
by Eric Hughes in his Cypherpunk’s manifesto of 1993:
Quote
Privacy is necessary for an open society in the electronic age...
We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy...
We must defend our own privacy if we expect to have any...
Cypherpunks write code. We know that someone has to write software to defend privacy, and ... we're going to write it...
We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy...
We must defend our own privacy if we expect to have any...
Cypherpunks write code. We know that someone has to write software to defend privacy, and ... we're going to write it...
Fascinating story/project.
Ended to be almost the opposit of what it was first designed for
. (yay speculation)
I like to think that the creator did this to get rid of the system as we know it
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
Bitcoin is created because we are now in a modern world. Bitcoin is the answer to poverty of many people. We live now in a world that is manupulated by money . People works because they need money in order to support their family. So heres bitcoin, our chance to survive in this world. 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
Undoubtedly, what makes Bitcoin different from traditional currencies and other virtual means of payment such as Ama zon Coins, is decentralization. Or what is the same, Bitcoin is beyond the control of any government, institution or financial entity, whether state or private, such as the euro, controlled by the European Central Bank or the Dollar by the Federal Reserve. USA. Right about this was created.
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
Bitcoin open a new digital currency world to improve the financial stability of each and every person. It is the best investment policy that I have ever seen in my life. It includes some risk by this also there is more opportunities for the investors. 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
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