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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I think bitcoin is creating by Satoshi Nakamoto reward for mining. You are familiar with mining gold. If you already have the gold, you can convert into paper money. All most the same. We mine the bitcoin after already have in your wallet we can turn into fiat. But the help of the technology sometimes we dont need to convert the bitcoin to real money, some store accepts it. The value of the bitcoin depends on the supply and demand of it on the markets.