Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is created?
by
redhondaxrm125
on 20/04/2018, 13:44:36 UTC
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 Smiley
If this post is worth of your merit, Thank you Smiley


Well,.. I must say, you have pointed out most of the reasons as to why bitcoins were made. I really agree with all of your points but I really do not think that the fifth one is a valid reason. Although it can be, but I do not think that at the time satoshi was creating this innovative invention, he thought about that. Might be possible that what he was thinking at that time was to only deliver solutions to various problems that he sees in the current monetary systems of this world. And of course, all the other reasons that you have said also.