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yahyal

What was the actual purpose of the creation of bitcoin?

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I believe that the reason for the idea of Bitcoin is to solve the cash handling problems facing governments and the fiat currency,
And Satoshi may be coming from the future and knowing what will happen and how much Bitcoin will reach, so he invented it.

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I think satoshi nakamoto when he was creating bitcoin e was already knows the future of bitcoin how it would be, so that's why he was supply all bitcoins and he remains with only 1 million bitcoins and hide after that. 

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My friend, the main purpose of creating cryptocurrencies is to create currencies in digital form that can be traded in the same way as regular cash currencies, in addition to many advantages that are not present in monetary currencies. Thank you.

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On 10/11/2019 at 11:08 AM, yahyal said:

I am just curious about what was the creator of bitcoin thinking, did he knew that his creation will one day gain that much popularity and it will become an income source for many individuals?
And what is the purpose of bitcoin?
I think it was created for a greater purpose that Government has failed to provide us.
What do you think?

Everything is written in a document that Satoshi Nakamoto left where everything is being fulfilled correctly and everything raised has had good results.

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On 10/11/2019 at 8:08 PM, yahyal said:

I am just curious about what was the creator of bitcoin thinking, did he knew that his creation will one day gain that much popularity and it will become an income source for many individuals?
And what is the purpose of bitcoin?
I think it was created for a greater purpose that Government has failed to provide us.
What do you think?

I think the main purpose of bit coin Creation is to bring ease for people and to provide them with the way of digital transactions earnings investment and business so it is a good approach to enhance our interest in the digital currencies.

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The one who were thinking about to create bitcoin maybe he was see that's there have so many jobless people that's need education and CV to be employed, so that's why he was thinking about creating bitcoin because he was seen it will help any person in this world.

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I think the actual purpose of the Bitcoin was not to consider it as a separate currency. But it was only a digital asset which had some worth of local currencies. But with the huge adoption, it was considered as a separate currency.

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Creating bitcoin was an addition in the world's best currencies. It is an easy currency that can be converted into any other currency.

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I personally think that Satoshi Nakamoto made cryptocurrencies or bitcoin, specifically so that to prove that it is actually possible for people to transact online, globally with the use of a currency that does not have or uses physical substance.

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The main purpose i think its the way of making a payment method that try is so easy to use but it turned one of the biggest market now a days.and the transaction is now so easy

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Bitcoin is created to brings another opportunity around the world, many people have gain  from that opportunity which there are some that  become rich through bitcoin and still bitcoin have been helping for trading and investment which brings allot of profits to the users. 

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I think the Bitcoin was prepared in order to use it as the financial system which is easy to use and you can pay from one place to any place in the world without any restrictions

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Bitcoin was created to create a fast, secure, and decentralized financial system where no third party interferes in the transaction between the sender and the recipient.

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I think there was only one objective to create bitcoin so that we can transact million of money from one country to other country and can also exchange money.This is a great opportunity for us to join bitcoins and start making profits by trading in them. 

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The original purpose of creating Bitcoin was to bring an alternative to national and international money transfers through banks. High commission fees were charged in interbank money transfers, especially in international money transfers. With Bitcoin, an alternative method to these money transfers was created, and commission fees were greatly reduced. In addition, money transfer with bitcoin is much more secure than many money transfers.

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The first thing is that whoever created bitcoin will have some idea of it, so he will want to do what I have to do in the future and what I want to bring from him to the world.. The second thing can also be that he wants to save people by doing something digital that is fraudulent or snatching so that people can come online and do business easily. And one of his other ideas may be that he wants to get all the business in the world and get technology towards online trading and if we see today, bitcoin has been very much successful. 

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Actually the the Bitcoin is a digital currency and the purpose of creation of Bitcoin is to handle the money  in the digital way and also you can spend this money  in the trade to get the profit this is not wrong to said Bitcoin make the life easy

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The real purpose of creating Bitcoin is to become a world currency and everyone can know it. So that's what he created and the purpose of Bitcoin. 

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It was created to ease peer to peer transactions in a more safe and private network, in which you won't need a government official or a third party to oversee or monitor your wealth.

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Well, bitcoin created because of having a lot of miners and this will serves as their reward and also to having some anonymous transactions and exchanging to gain some money, when bitcoin created, there's a lot of altcoins created to follow the successful of bitcoin.

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The purpose of creating cryptocurrencies is to develop the global economy, ease of use, save time and effort for most people, and this is all of its features, so we all accepted it.

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There are many reasons for creation of bitcoin.Bitcoin has bright future. It is very profitable crypto currency.Bitcoin is a way to send money anywhere anytime. It provides us many benifits. We can get more profits from it.It is the king of all currencies. The price of bitcoin is increasing day by day. 

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On 10/11/2019 at 6:08 PM, yahyal said:

I am just curious about what was the creator of bitcoin thinking, did he knew that his creation will one day gain that much popularity and it will become an income source for many individuals?
And what is the purpose of bitcoin?
I think it was created for a greater purpose that Government has failed to provide us.
What do you think?

I do not know exactly, but I think that the idea is to create a new global financial system that is an alternative to traditional currencies and is more sophisticated, faster and out of control by the government

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I think the main purpose of the creation of bitcoin is to make money way more secured and to make transactions untrackable. I don't know if Satoshi really plans it or aims bitcoin to become what is it today. I think it's just more about privacy and security

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In my own thinking on why Bitcoin was created is to enable quick transaction in a digital world so that payment can be made through internet without you going to the bank before you can purchase anything, it's also away of storing our digital assets

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