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Young kids always ask that, don't they! I'd probably talk about trust, but there's no correct answer here. My guess is that Bitcoin was created because its cre

• dmix 13y ago
  > 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. [1] http://www.schneier.com/blog/archives/2013/05/the_publicpriva.html http://www.schneier.com/blog/archives/2013/05/the_publicpriv... [2] http://paulbohm.com/articles/bitcoins-value-is-decentralization/ http://paulbohm.com/articles/bitcoins-value-is-decentralizat...