Why bitcoin is created? - page 4. | Bitcointalksearch.org

Ahimoth

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Quote from: gohan21 on April 22, 2018, 09:47:05 PM

Bitcoin created so many people can help with the rich life because if you invest in bitcoin you earn more money.

We may not know the exact reason of the creator when he started it. But definitely it could be to find a currency that is better than fiat currency. One primary reason could also be to have a currency that is free from the intervention of the government and a currency that has no central authority.

gohan21

jr. member

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Bitcoin created so many people can help with the rich life because if you invest in bitcoin you earn more money.

LCHY

newbie

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Actually I would like to say, I believe that one government organization or NGO createdd Bitcoin because it is non-sense that we still don't know who the guy Satoshi Nakamoto is. It is possible that "Satoshi Nakamoto" is not a real person.

Andalusy

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I guess bitcoin was created for convenience. It's a digital currency that let's you transact business online and at the same time hides the identity of a person. There are many reasons why bitcoin was created but the two things I mentioned are for me the main reasons why it was created. Also it brings a lot of profit when it comes on investment.

brylle34

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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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what i think bitcoin is created because of existing banking government system is in inferior, the current cycle of almost all banking system will always result debt.
THE INTEREST WAS NOT CREATED, Many money reformers tend to share the mistaken view that Interest is the insoluble arithmetic problem in our money system that requires constant growth of the money supply to prevent collapse (lack of equilibrium, prone to failure). This is because only the Principal of a loan is created. It is created as a promise of "legal tender on demand" (bank credit or legal tender) in exchange for the borrower's promise to pay it back in "legal tender on demand" (bank credit or legal tender). Put simply, bank credit "money" is a "debt-of-money". read the link for more details https://paulgrignon.netfirms.com/MoneyasDebt/Analysis_of_Banking.html , credits to author

schatzi

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Bitcoin was created for the purpose of safe transactions and instant transactions around the world, which would be convenient for people to use, but the most important is that the technology itself is unique.

Aufar

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Bitcoin was created to help many people because of a good source of income. Satoshi Nakamoto is very talented for creating Bitcoin to help many people for their daily needs

And now Bitcoin is not only regarded as money, but also a currency that can be an investment that values the time that makes Bitcoin a popular Crypto currency around the world and the kings of all Crypto is therefore very popular today.

Ashong Salonga

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Quote from: Nhor1011 on April 22, 2018, 07:21:16 PM

For me bitcoin was created as a decentralized digital currency to provides secure global transactions very quickly and does not have any third-party. To give an opportunity for everyone to have work through bitcoin. To make the payment transactions easier and anonymous. To help us have a better living and to use our money with all our full control.

In my opinion Bitcoin was created to make people life easier and wealthier. As an online payment system it brings convenience in people’s daily transactions. Also it brings a lot of profit when it comes on investment.

Aprilperez1

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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.

Yes bitcoin is the fast way to transfer money to other users. So because it is decentralized the price of the bitcoin can't manipulate the price. The transaction can be traced and no one can use it for money laundry.

Lorin

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We all know that Bitcoin cannot be used without having a knowledge about it but once you've know how to operate it you have the chance to earn and get the best profit that's why bitcoin created.
To help people to earn money and promote on how to use digital currency easily.

Nhor1011

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Daxetoken.net

For me bitcoin was created as a decentralized digital currency to provides secure global transactions very quickly and does not have any third-party. To give an opportunity for everyone to have work through bitcoin. To make the payment transactions easier and anonymous. To help us have a better living and to use our money with all our full control.

ScroodjMoney

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As far as I know, bitcoin is created primarily to solve the problem of inflation. When the basic problem is the same amount of goods in the economy, people have the right to print money can print the amount of money arbitrarily.

yron51

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For me bitcoin is created to help many peoples because for the good source of income. Satoshi Nakamoto is very talented to invent Bitcoin for helping many people for daily needs

Shreek

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IDENA.IO - Proof-Of-Person Blockchain

because the technology in this platnet needs to grow
everyone wants to get a technological revolution to meet their individual needs
Bitcoin is a solution for today's digital payments

btcgainer24724

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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

I personally think that Bitcoin is created to help people pay or earn in there house and they can also pay online or by banking.it is also created for the simplify our work in terms of processing transactions either bills payment or peer to peer transactions. It provides freedom for everybody, since it is decentralized and an opportunity for who are unemployed:)

alenahype

newbie

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Surely biticoin is created and exists to promote our near future and make life more convenient.

TiffanyLien23

full member

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Merit: 107

Well i think , Bitcoin is created to enhance the quality of money we are currently using it's idea to have an innovative payment network that is fast, reliable and most specially nobody owns or control which makes it a promising coin. It is very unique and useful to a lot of people. Today bitcoin was not only consider as money it is also a currency that can be an investment that appreciates in time which makes bitcoin a popular crypto currency around the world and the king of all crypto that's why it is so popular right now.

TERA

hero member

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You can find this information on the Internet! But to put it briefly, bitcoin was invented as a means to improve payments and transactions in the Internet world, to do it anonymously and at the same time it is safe!

Morticio

full member

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I think that bitcoin was created to change the world financial system! First of all, to make payments on the Internet with a relatively fast and low commission for the transfer!

lillyann

member

Activity: 308

Merit: 11

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

Always people are looking for new opportunities. This is the future. Transfer money independently in which country you live. BTC gives us unlimited possibilities and additional profits.

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