Post
Topic
Board Bitcoin Discussion
Re: Real purpose of Bitcoin
by
Sebas.tian
on 28/11/2020, 13:27:42 UTC
When you talk about Bitcoin first thing which most of us thinks either it's a get rich quick scheme or an investment scheme. Did Satoshi Nakamoto created Bitcoin as an investment scheme? No, it was supposed to be a peer to peer payment transaction across borders without involvement expensive money exchangers or regulators but it has been turned into an investment scheme, where are we heading ? Do you think Bitcoin is losing its original purpose of its invention?
Actually bitcoin is not created for the investment scheme.But it was used as an asset for now. Most of the rich person money was in bitcoin.It's reason for the sometimes huge rise and huge fall in the price of bitcoin. Many businessman had moved to the bitcoin from the real stock market.
There shouldn't be any worry over what Bitcoin was or wasn't created for by Satoshi Nakamoto, it should be our happiness that the technology has adopted multiple usage as the network continues to grow in other to surpass the last stage of the technology. The intentions from Satoshi was for a peer to peer trade but the involvement of this technology has added something good to the network to make Bitcoin a very good and lucrative investment method aside the payment method it was created solely for.