Why was Bitcoin created?

The top most ask questions on Google about Bitcoin and other cryptocurrency are only about investment in Bitcoin and people use to ask wether they should invest in Bitcoin or not? Actually now Bitcoin , touching 20000 so it is very hard for people to decide people are finding them in great difficulty they want to earn and they also know it very well that cryptocurrency is future because in the time of modern technology where everything is becoming fast and they is no more space of labor now in the industries and in other sectors because many of the human places are taken over by technology so everyone who is wise and educated they are finding ways to be millionaire. Well , Bitcoin do not give guarantee that you will be millionaire after investment yes there are so many cases about it people who invested wisely and at a proper time when the iron was warm they done they are now earning. For investment one person should study so much about the basic of Bitcoin it is not the task of a baby. Well, it is not the topic of today's discussion today the main topic is all about the initial stage of Bitcoin means what is Bitcoin and why was it created.

Logic behind introduction of Bitcoin ?

The concept of Bitcoin first introduced to the real world in 2008. The owner of Bitcoin who introduced this cryptocurrency was Satoshi Nakamoto.

He was the one who is the founder of such huge cryptocurrency which has impact over so many things and on the whole field of cryptocurrency. Bitcoin was introduced in the response of financial crisis and financial world's reliance on banks.

Now no doubt we have so many opportunities in modern time but still people are jobless sitting at homes with so many depression and anxiety they aren't able to pay the fees of their children , rents of their apartments and other health insurance charges. If this is the condition of modern time then just think about 14 years ago time would be worse then recent time people would be seeking for financial aid and they would be living in poor condition. We know that Bitcoin is not solely the thing which can solve all these complications in the life of people but the people who were looking for opportunity who were looking for light in their lives Bitcoin became that light the people who were eager to do something big and passionate they joined Bitcoin and that time Bitcoin was not so much high rated cryptocurrency it's value was in cents it is the blessing of this time which pumps up the Bitcoin and made Bitcoin king of the cryptocurrency's world .

We all know very well that whenever it comes to transactions of money we all go to banks and we have to be in lane there for so many hours there are so many other complications in the banks and dozens of formalities which we have to follow so it means that finance was hold totally by central banks . Banks were involved in every transaction. But it was only Satoshi Nakamoto who came with a solution might be he was fed up with all these things and he want to introduced a reliable and best method for people.

Bitcoin is not like local currency it is completely different from local currency and far better then local currency this is the truth of modern time. Bitcoin and other cryptocurrencies are working on mathematical algorithms for the confirmation of transactions and it is totally working on itself without assistance of any central authority like banks .

Bitcoin is a business

After COVID pandemic , everything was messed up even the living condition of people and that was the time when most of the people looked towards Bitcoin and they found there is another market beside the physical market which is named as cryptocurrency market which has high risk but the person who know the basic techniques will be king in nights. if we see towards cryptocurrency we have to talk about both aspects profit and loss it is like a business if you are doing a business and if you are making profit all the time then you are not doing business because business is all about risk it involves both profit and loss .

Thanks for reading .