Topic: Why bitcoin is created? - page 28. (Read 2556 times)
The first peer to peer electronic cash to be used online. No third party, no financial institution invoved in between. It's fully based on transactions with signatures where money can not be returned or resending back to the same address. This is unique and creates more trusts. A currency found to uplift the current economic.
According to what I watched in the documentaries, the bitcoin creator - Satoshi Nakamoto created bitcoin in order to have a peer to peer transaction with no third parties involved. That is the main reason I think why satoshi created this coin. There are some reasons on the whitepaper maybe. 
Bitcoin created to make all currency of every country as one. Bitcoin helps unbanked people to survive and become financial stable. It helps to survive dying family and ease the problem when it comes in our economy! Unemployed people find a job in bitcoin and lastly, it helps poor and developing country to become advance and more progressive than before!
Bitcoin is our guiding star to success!
Bitcoin is our guiding star to success!
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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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 a virtual currency, independent and decentralized, since it is not controlled by any State, financial institution, bank or company. It is an intangible currency, although it can be used as a means of payment just like physical money.
Why bitcoin is created? Because the purpose of bitcoin is to help those people who are in need especially for the people are poor they canot buy something that they wanted too... we can do fast transaction to our bitcoin and im so grateful to know that bitcoin this is the time to have more idea in bitcoin.
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
Its that true,bitcoin created to the poor people that dont get a job because bitcoin it is way/solution of poverty in our world and bitcoin is easy way to earn lot of money.We need share and taught to everyone how to earn or use bitcoin and what is bitcoin in our life that can help in poverty in our world.
Bitcoin was made by Satoshi Nakamoto, to originally serve as the internet's official currency way back in 2009. He wanted internet to have its own recognizable and official currency. In which he named it through the way of producing such through data encryption and computer programming. Hence, the name. But now we can see that it has become an asset of profitting rather than a currency because of its high monetary value.
Well I think bitcoin was created for the poor people that don't get a job because bitcoin is just easy to get a money you just need to be diligence.But for me I really think this crypto currency main purpose was to make a fast transaction towards the transaction of payment,if they want bitcoin to have an unlimited supply they can do it.
Bitcoin is created to be a digital currency which is designed to be transacted peer-to-peer without going through a third party such as a bank or an escrow.
And people compare it with gold because they consider bitcoin as an asset that can grow by itself in the long term.
And people compare it with gold because they consider bitcoin as an asset that can grow by itself in the long term.
Bitcoin is a digital money or a virtual money that can spend and earn through using bitcoin. Bitcoin can change a peoples life because by earning it you can also use for your needs and wants.
Bitcoin to create excitement bitcoin is now an exciting currency, so everything can be, you see, if you look at the graph I see it now, there is no such thing as thrill.
Simply because almost everything now can be accessible through internet and people always find a way to which they are comfortable with. Because technology continuously evolving digitally, so should money also.
Bitcoin is created to the people who needs to earn extra income for there family. It is also created to have a easiest way to use for payments and if you have a transaction. It is also created to have a investment that you don't need to put a large amount of money.
It is actually created to liberate the people especially the poor to financial freedom,it has definitely called the attention of the whole world to the Cryptocurrency. It is totally changing the financial world.
Bitcoin was created for people who are poor or for everyone because bitcoin does not choose whether I am rich in everything that can be just as slow as what it needs to build a bitcoin to help in need
Satoshi Nakamoto's plan of making bitcoin is used for international/global payments with ease and less charge fee because there is no middle man being involved in the transaction like banks. But today, investing in bitcoin is the thing due to the fact that it can give you big amount of profit in short or long term.
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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The idea of people who create bitcoin can be said to be very advanced. He should create bitcoin based on people's demand for digital money. Bitcoins bring a lot of convenience to us. For example, transactions using bitcoin do not need to go through an intermediary, anonymity, etc. These are the reasons why bitcoin exists and it is the digital cryptocurrency born for the people.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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Bitcoin itself is just a bunch of code, but as long as the network exists, the code does not go away.
Bitcoin meets the characteristics of being scarce and non-destructive (as long as the network still exists).
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
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
I do not know why it was created initially, but then there was political decision to let it became popular and accepted in society.
Because with the development of science and technology, there are new things appear normal, not to mention the channel to make money. And the information age, encryption technology has always been optimistic about everyone.
Bitcoin was created because their a need to be made.
People seek solutions for every problem they I counter, some make inventions to make our life easier and happier. BTC is created to change something on the society.... As of you know one is the mode of payment, wherein solely money only comes from the bank and you need to put money on your account to pay online transaction but now as of today we have the sound option.
People seek solutions for every problem they I counter, some make inventions to make our life easier and happier. BTC is created to change something on the society.... As of you know one is the mode of payment, wherein solely money only comes from the bank and you need to put money on your account to pay online transaction but now as of today we have the sound option.
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