Quote from: Reatim on December 12, 2017, 02:48:28 PM

Quote from: akiraminai on December 12, 2017, 01:25:15 PM

I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?

I suggest you read Satoshi's White Paper to truly understand why bitcoin is made. And what's its purpose.

https://bitcoin.org/bitcoin.pdf

Satoshi wants a system that you can used or transact without any middleman, without trusted third party That's why bitcoin is P2P (Peer-to-Peer), and non-reversible transaction. So you are your own bank. So bitcoin is not dangerous in a sense, because you don't need third party like banks to be able to pay someone in the other side of the world.

Bitcoin dangerous? Obviously it was designed not to, however, criminals has exploited it features and began to used it on their illegal activities, like drugs and hackers and scammers take advantage of it to steal from unsuspecting victims.

I understand from this post, Bitcoin is risky for those people that investing and trading. But for those people that use Bitcoin for trasanction, then Bitcoin is the best choice. But yes, people usually use bitcoin because they want their transaction being anonymous and they want to avoid taxes.