Quote from: JC btc on January 08, 2020, 03:55:30 AM

Quote from: bounceback on January 08, 2020, 03:41:09 AM

Quote from: The-Devil on January 07, 2020, 12:03:21 PM

So I think this is why Bitcoin was created. Is that the only reason? Or are there more reasons? What is your opinion?

In my opinion it is true that satoshi created bitcoin as a virtual currency to free the world from economic disaster and in addition may have created bitcoin to advance technology and facilitate the public when making payments or making transactions because bitcoin is decentralized and peer to peer, which can be fully controlled by users when conducting transactions without central authority or other organization.

Yes not only Satoshi, but almost all of us were sick how government controlling everything, the banking system how they are controlling our money, wherein we are not allowed to transfer a large sum of money as there is a limit with it. Also, the hassle that we are encountering just to deposit/withdraw/transferring money, not that easy especially in poor countries that you need to travel far just to get your money. So, basically that's one of the reason why Bitcoin created.

Banks have now been technically developed giving the ease of easy money transfer, etc but I do not think in the year 2008/2009 banks might have been this advanced which really caused a lot hectic in terms of money transfer of accepting over nation boundary payments. Banks might seem convenient for transactions between the borderlines but what above nations? Bitcoins have no such restrictions and this might be one of the major concept satoshi might have though before creating bitcoins.

Satoshi never wanted us to have any restrictions while using our own money and also it does never ask for us to pay any taxes so it goes way lot convenient for peoples who technically understand and transact with digital currencies.