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yahyal

What was the actual purpose of the creation of bitcoin?

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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?

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Bitcoin is a way to send money to anyone, anywhere, anytime, for any purpose, in massive amounts or incredibly tiny amounts, without needing to use a bank and with certainty that your payment will always go through, you will never need to bribe or pay anybody to send it, your money will never be counterfeited or faked, your money will never get lost in transit, and you do not need to share any personal information and this was the actual purpose of creation of Bitcoin.

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1 hour ago, 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?

First thing is that it is not created by Government or not by any government officials as the BTC purposes is to make the transaction anonymously and digitally.

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On 10/12/2019 at 6:41 AM, Mohs3n71 said:

Only one man can answer your questions and its satoshi nakamoto himself, good luck with finding out who he is and asking him your questions

Because the world needed a digital coin.Everyone was trying to make a coin but none thought proof of work like Satoshi nakamato.That is why he was successful

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I believe that the main objective has been to promote non-control by governments and banks in general, to give freedom.

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I at first thought that the point was to create a currency one could play with, regardless of who one is in a very playful sense. Then I figured out that it's a form of real money, and now I'm leaning towards a protocol that sparks change.

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I think that the purpose of creating bitcoin was to create a currency that is not subject to banks and the government, to make a currency that no one can influence, an independent currency.

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maybe the real purpose of the creation of bitcoin, is to become a world currency and can be known by everyone. So that's what he made and the purpose of bitcoin.

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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?

All that Nakamoto wanted is to have a system that was: private, peer to peer, encrypted, that allows monetary transactions in a fast and secure way. Maybe Nakamoto tried to prove a point, but we don't know his intentions. Gaining notoriety wasn't his intentions because he still remains anonymous.

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Maybe he want to create a digital money with no one can trace even the governments, then Satoshi made bitcoin and unexpectedly it is now popular digital currency. 

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You can go and read Satoshi Nakamoto's whitepaper of bitcoin. He originally intended for it to be simply a digital way of payment which is not based on any trust ie decentralized system of network for daily transactions.

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On 10/11/2019 at 9:08 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?

Actually  bitcoin was invented in 2008. But it's root was since 90th decades of 19th century. Before bitcoin few more programmers tried to invent decentralized crypto currency. But they had failed. The first crypto was bitgold which has been failed. But bitcoin was successfully established by Satoshi Nakamoto which is free from any governmental regulations and fast transaction. Later he worked 3 more years for the development of blockchain network and bitcoin. After finishing all he was disappeared. Bitcoin was $0.01 than. Who knows it will increase like now. 

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I think the main purpose of creating bitcoin is to do payment for other person in just a minutes or increasing the transaction speed of payment, and if no here was no bitcoin then it will be very difficult for us to do transaction.

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I think that the Creator knew that bitcoin will sooner or later become a sensation, I think that the main purpose of its creation is-anonymity of payments and decentralization of it as a currency.

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Yeah, what is the purpose of bitcoin. What his thinking before he created bitcoin?  I don't know the answer too. But i suggest you to find the creator of bitcoin because he is the only one could answer your question directly. 

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If Satoshi is still alive, he must be in a place where he is watching everything about his beloved creature. The primary purpose of creating Bitcoin is to eliminate the corrupt financial system of banks as Satoshi himself stated in his signature that left him on the first block of Bitcoin. It means creating a decentralized system that no one can control and so all transactions are anonymous.

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As far as I know it was created to prove safe and fast transactions through peer to peer and Satoshi Nakamoto has succeeded, in addition to this it is also to overcome the economic crisis that occurs in the world

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The main goal of bitcoin is to replace fiat currency and i am sure it will not be achieved until 2030. because there will be many factors that will be considered by a country's government in deciding bitcoin as a substitute for fiat currency .

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His only main purpose is to make a platform where people could send funds digitally, without limits to location and amount.

It's aim is to be an alternative way of payment/sending funds that traditional fiat that isn't bound to traditional limitations imposed by banking industry.

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On 10/11/2019 at 8:38 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 creator senses the future what will happen. I mean he realised that everything is going to be digital and we need to access it. We need a platform where can i invest money and keep it safe. We can access it anytime and anywhere. So they created it. Hope so. 

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i think the actual purpose for creating bitcoin is they want money to be digitalised which can easily transfer online from anyone to anywhere thats why they launched so man crypto exchanges so we can transfer money in the form bitcoin to any country and exchange them into currency of our own country in short we can accept and transfer money to anywhere without any issues 

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And above all, it could be cho bitcoin was created against the government. Bitcoin is created to be real.

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We can find answer to the characteristics of bitcoin. Maybe the creator wants to have a digital currency that has decentralized and having a new and fast way of transaction.

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On 10/11/2019 at 11:08 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?

No one knows the answer to your question because we are also using it. We didn't know the real purpose of nakamoto why he created bitcoin.

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