Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on April 23, 2018, 05:59:27 PM

Title: Why Bitcoin is created?
Post by: Domithra on April 23, 2018, 05:59:27 PM
Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created?
Here are some reason :
* To change the perception of all people about the digital currency.
* To improve the payments and transactions and in the internet world.
* To become the image of money around the world.
* To protect or hides the identity of the user, for security purposes.
* To give an opportunity to all people around the world to earn a secondary income.
* To upgrade the currency because everything in this world is now upgrading.

What do you also think are some of the reasons?
Title: Re: Why Bitcoin is created?
Post by: blackstar02 on April 24, 2018, 04:21:18 PM
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.