Post
Topic
Board Beginners & Help
Re: Reason for the existence of Bitcoin?
by
Woodie
on 04/03/2023, 19:11:34 UTC
I was really taking my time asking myself what is the purpose for  bitcoin existence,
Let us just say bitcoin was created as a parallel currency to exist against all the bureaucracy that exists around traditional money systems, and knowing very well that fiat systems aren't transparent and the people in charge of it will print money at any time they please..bitcoin came in with an opposite concept such as full transaction transparency thats to the public ledger, limited supply and the obvious a decentralized system to give power to the users...


Does SATOSHI NAKAMOTO really stated why he want to make bitcoin be in existence and did he specify they category of people that are going to per-take on bitcoin!!?
Bitcoin means freedom and Satoshi himself making such an asset/currency did not put restrictions on who can and can't access BTC!

Think of Bitcoin as the VPN of money  Grin