Topic: Why bitcoin is created? - page 7. (Read 2563 times)

Bitcoin is digital currency or what we call cryptocurrency that allows everybody to market along central and local markets without any kind of hassle. It is use to create a good network of marketing among other countries. By this currency we could improve the marketing system and connection of other in our own place of house.
As far as I know it is the most high paid valued currency in the world in an averaging exchange price of almost $9,000 as of coinmarketcap update.

Bitcoin is created as a reward for a process known as
Mining.they can be exchanged for other currencies,products and services.

Bitcoin was created for the purpose of reducing transaction costs, shortening transaction time. Not dependent on 3rd party. But today we have forgotten the purpose of Bitcoin's birth we entered Bitcoin for speculation purposes only.

at first I thought that was not the purpose of bitcoin made, but when this bitcoin now has a fantastic price so I think now is the right time to conclude what the benefits of bitcoin to be made so I think now bitcoin is useful to help one's economy

because Bitcoin uses a database that is distributed and spread to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions, such as ensuring that bitcoins can only be spent by people owning them, and never more than once.

why bitcoin is made because bitcoin is an internet program and to get it to go through a decentralized and competitive process called the digital money miner and from that process will get a reward for what is already done in the bitcoin program.

Bitcoin was created to help unemployed people in the community and for those who are less fortunate that encountered difficulties of expenses. I know its too risky but as we will able to determine the site transaction we can take advantage by earning good moneys.

I think to earn an extra income another thing here is you can earn big income with crypto with non stop your hardworking so if your attitude like always do hard work then your kindness in crypto because what we need here and knowledge here also not Stop.
This is also made to be useful by many businesses around the world and because the digital currency creates a lot of work

For me, it was created for an individual's money to become protected, safe, and independent. The control is in the hands of the owner, not on the local government. Full benefits will achieve by the owner where taxes does not exist.

People who use and create Bitcoin are those who are in charge of its future. That is the most important purpose of Bitcoin. Most of the early adopters of Bitcoin were libertarians and innovators, but today bigger part of the global society is starting to use Bitcoin. Now, people have an alternative. They can store value or trade with it without any control of the elite parts of the global society.

At first, digital currencies was already invented before Bitcoin but they are easy to hack and can be used in double spending. Then Bitcoin came with its own technology, Blockchain. Bitcoin is created as far as I know so people can transact their money with out third parties. Bitcoin is not that anonymous but you we can also transact them without fully knowing who we are.

I think it provides opportunity to all unemployed to help their family in their daily needs.also Bitcoin was created to avoid the power of government in the world.

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.

For me, bitcoin is created for human work, and bitcoin can also be a side job to help boost the economy like trading in many world exchanges, you can benefit from the difference in selling price and purchase price

So the elite gain a larger percentage of the wealth.
Why the current crypto currency market is worse than the Rothschild owned central banking system!
Why the need for bitcoin black?
The founding members of bitcoin own 95%+ of the entire crypto sphere! Founding members are disguised as Satoshi.
The new money system is doomed! The main need in the crypto space is a fair distibution with education to truly empower users, not to continue on the old path of money centralisation painted in a different picture based on tech.

From the start they owned the majority of  bitcoins and manipulated the price to accumulate more of a share in each project.
From this point any other project accepted bitcoin in ICO's and as accumulation through manipulation accumulated their holdings they invested a stake in the other altcoins.
Founding members get involved in a large stage and over time through manipulation accumulate more and more of a market share of the major projects.
Still at a small total market cap 400 Billion the manipulation continues with one goal to own more of a share of each crypto.
December 2017 masses were lured into crypto for the first time strategist to make them lose faith in the space and lose money. Many other rounds of luring will take place and accumulation of a greater % stake will take place into new upcoming projects.

It is the transitioning of the old money to the new money, owning more of a share in the new money than before. Making it seem fair, accidental and a betterment to humanity. When in fact its more slavery and concentration of wealth to the elite.

https://bitcointalksearch.org/topic/ann-bitcoin-black-btcb-airdrop-ico-fair-distribution-36-billion-dag-3124440

Bitcoin was created by chance from the history, and in this it turned out to be the safest currency, which gradually began to recognize other countries

Based on what I read in the discussions in this site, bitcoin is originally created to provide more freedom and be anonymous in the market. Through bitcoin, lesser fees are being added because it is decentralized. Bitcoin became more popular because now people see it for investments. Trades and long period investments are being made and the hot topic among related online communities and the online market. Its purpose in the future I guess is the main currency in the advanced society in the later years.

One of the reasons why bitcoin is created is to be used as a store of value and also to reduce inflation to the beeriest level

I agree what you say. Bitcoin is the mother of all coins. And Bitcoin is created for the modern era made to ease everyone in transaction, and when time flies, the value of bitcoin also increases to make others rich.

Bitcoin was made bec. Society needed an alternative to the regular financial system through which people could trade. Basically bitcoin was for mining purpose at first..
Bitcoin is a non traceable currency...that makes it safe and reliable which was probably the first reason to make bitcoins