Post
Topic
Board Bitcoin Discussion
Re: The reason behind creating Bitcoin.
by
qwertyup23
on 02/12/2020, 19:26:20 UTC
<snip...>

Decentralization and free of control from any third-party institutions.

The creation of the blockchain technology gave birth to bitcoin which serves as a currency which cannot be altered or modified. Imagine this scenario for its application in real-life: you are in a supermarket and you see an orange for sale. After going to the counter, the barcode was scanned and you saw its price together with all the modifications/processes done to it. This information posted cannot be altered since the blocks are being checked every single minute on the transaction.

The birth of bitcoin is one of the revolutionary technology which has the potential of MAYBE(?) replacing the modern fiat currency in the fat future.