> My guess is that Bitcoin was created because its creator doesn't trust the government.
Also privacy in private markets, so not trusting VISA/Mastercard etc to sell my transaction data [1].
Plus the decentralized value [2], so not trusting the bankers/finance industry who have a large influence on the value of state currencies in addition to the government.
Also privacy in private markets, so not trusting VISA/Mastercard etc to sell my transaction data [1].
Plus the decentralized value [2], so not trusting the bankers/finance industry who have a large influence on the value of state currencies in addition to the government.
[1] http://www.schneier.com/blog/archives/2013/05/the_publicpriv...
[2] http://paulbohm.com/articles/bitcoins-value-is-decentralizat...