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Ritchie

Founders Idea

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The founder, Satoshi, was the one who invented this coin, and his idea was very creative and achieved great spread and apparently he wanted freedom and out of government control.

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On 11/7/2019 at 5:33 PM, Ritchie said:

How founder of cryptocurrency came to an idea to have a crytocurrency all over the world. To earn, to trade, to invest and many others.

USA president candidate Michael Bloomberg is very optimistic for crypto and in his one interview he told that in 2008 there was a big scam in USA banking system and financial system was required a decentralized money system for safety purpose. After that idea of crypto came into existence. 

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I think Satoshi Nakamoto goal of his Bitcoin creation is about peer to peer, to avoid all delay in institution process system, and also is very cheaper because the reduction intervention of the third party.


 

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As far i know it was made because at that time there was no anyway of making transaction online and saw internet could be the best way to keep money very securely and about trading it was always existed like even if a things are scarce then the price is increased and if its not then falls 


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The founder of the first cryptocurrency is Satoshi Nakamoto. We can only find this answer from that unknown person

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On 11/7/2019 at 3:03 PM, Ritchie said:

How founder of cryptocurrency came to an idea to have a crytocurrency all over the world. To earn, to trade, to invest and many others.

I think the idea of cryptocurrencies founder who is satoshi nakamoto was aiming to bring his huge profit first, and that's why till today's his wallet are estimated to have 1 million of bitcoins.

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The idea of creating an electronic coin is, in itself, impressive. This coin has been broken into as a method of payment without the presence of a party between you and the other
It is also valid for all countries .it is very developed, but it is decentralized


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On 11/7/2019 at 2:03 PM, Ritchie said:

How founder of cryptocurrency came to an idea to have a crytocurrency all over the world. To earn, to trade, to invest and many others.

If you mean about Satoshi, he was involved with cryptography and probably did research on earlier attempts on cryptocurrencies and figured out why they failed. A digital currency was always going to happen. Still there was need for a financial shock and the banks losing all the trust people had in them for bitcoin to become accepted.

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I think they created this to make alternatives to get new money. they are very happy to open up livelihoods and new professions as mutual benefits.

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I am actually not sure who the founder of crypto is, because as satoshi nakamoto said, this was not him, but i think that the creation of crypto to invest earn and trade was a brilliant one and one that although it was very skeptical from the start, proved to be very profitable and very lucrative. If those that got involved in crypto did so right at the start they would be millionaires now. I think that the idea behind crypto was brilliant and needs to be given its due credit.


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I think he devised the idea of cryptocurrencies from the primitive electronic payment methods and then invented this idea to make the crypto money in a less effort and safer way so that all people in all countries are allowed to buy and sell remotely


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I think when creating bitcoin, it was just a payment system. But with the acquisition of value, the idea of trading was born. Everything happened gradually. And it may not have been originally intended.

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On 11/7/2019 at 2:03 PM, Ritchie said:

How founder of cryptocurrency came to an idea to have a crytocurrency all over the world. To earn, to trade, to invest and many others.

I do not know how he did this but it is certain that currently Bitcoin has become a global payment system such as international currencies, the dollar and the euro, but there are some fundamental differences, perhaps the most important of which is that the bitcoin currency is an electronic currency.

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I think the first inventor of the cryptocurrency has invested a lot of time to make this world changing technology in this existence. Fixed Bitcoins to mine, halving of BTC to create controlled supply  etc all these things were already planned by Satoshi Nakamoto. 


 

 

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On 11/7/2019 at 6:03 PM, Ritchie said:

How founder of cryptocurrency came to an idea to have a crytocurrency all over the world. To earn, to trade, to invest and many others.

I think the founder hadn't this idea previous. I think he just create it as funny. Day by Day it's introduce to the world getting more and more popular.


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He probably just wanted to create another currency that would not be controlled by governments or countries, as well as it would work through the internet.

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On 11/8/2019 at 12:54 AM, williamz902 said:

I saw that Satoshi was inspired by the financial crises of 2008 to finally go ahead and launch Bitcoin. He believed that people should be able to control their own money without the mass manipulation by rich people and the governments.

Thanks for this useful post. Bitcoin is launched by satoshi. And after invention of bitcoin crypto currency market is going up because bitcoin is most popular coin.

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On 11/7/2019 at 6:03 PM, Ritchie said:

How founder of cryptocurrency came to an idea to have a crytocurrency all over the world. To earn, to trade, to invest and many others.

As you thought about crypto founder is not like that. In the fiat currency system there are many problems. Any government can print money as much they want. And it's the main problem. And I think that's why crypto founder create it.


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On 11/7/2019 at 8:03 PM, Ritchie said:

How founder of cryptocurrency came to an idea to have a crytocurrency all over the world. To earn, to trade, to invest and many others.

This is a mystery that many people in cryptocurrency wants to know because we don't know about who really is the founder and I think that they have an absolute objective that they want to attain nd achieve and I hope that they will say it to us

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Exactly I have no perfect reason why satoshis nakamoto create bitcoin, but I think he want to change the Fiat currency system and third person involved to take fees in transaction, so he want peer to peer system their anyone not pay for transaction, so he create bitcoin first crypto currency.


 

   

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The founders of cryptocurrency aspire to get more investors in order to increase the value of their currency and start to launch that currency when they come up with a good project idea that depends on the currency.

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Unfortunately, no one knows this, because the author of this system is a MYSTERY! But if I'm not mistaken, this was done specifically to prevent the system of banks, taxes, and get complete anonymity!

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We are in inventions era. This is not a new thing. Many of new things comes out but remain hidden after the tik tik of clock it comes out openly and show itself.

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On 11/7/2019 at 2:03 PM, Ritchie said:

How founder of cryptocurrency came to an idea to have a crytocurrency all over the world. To earn, to trade, to invest and many others.

He just thought about it very well because he had knowledge of these things. When you become very skilled at something you are trying to fix the flaws and if you can't then you are trying to create something better. But only a few people are like Satoshi. Most don't have the means or the intelligence to create something that will change the world.

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On 11/7/2019 at 2:03 PM, Ritchie said:

How founder of cryptocurrency came to an idea to have a crytocurrency all over the world. To earn, to trade, to invest and many others.

We don't know who Satoshi is, if it is a man or a woman or if it is many people or an organization. He explained though that this is about creating a P2P electronic cash system and this questions you are asking were not in the plan. He never said you could earn anything.

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