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Why did #Satoshi come up with the #Bitcoin concept in the first place? What kind of problems was he trying to solve? What has been the most important factor in Bitcoin's global adoption? Satoshi's #WhitePaper offered the world a solution to a question that had not been answered by the traditional banking system we use today, which is, "how do you transfer value between two people without a trusted intermediary in the middle?" Satoshi stated that "what is needed is an electronic #payment system, based on #crypto evidence rather than trust, that allows two willing parties to transact directly with each other." Bitcoin allows two people to exchange value through a blockchain system in a more efficient, open and secure way.

Why did #Satoshi come up with the #Bitcoin concept in the first place? What kind of problems was he trying to solve? What has been the most important factor in Bitcoin's global adoption?

Satoshi's #WhitePaper offered the world a solution to a question that had not been answered by the traditional banking system we use today, which is, "how do you transfer value between two people without a trusted intermediary in the middle?"

Satoshi stated that "what is needed is an electronic #payment system, based on #crypto evidence rather than trust, that allows two willing parties to transact directly with each other."

Bitcoin allows two people to exchange value through a blockchain system in a more efficient, open and secure way.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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