Bitcoin in 19 years | Bitcointalksearch.org

empoweoqwj

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Quote from: auzaar on December 19, 2013, 10:11:29 PM

Most of the people are missing the intent here, missing the bigger picture and discussing protocol vs product etc etc, Point is internet as a concept was derided, no body thought what to make of it and see now, and imagine future!
Anyway read this article from 1995 about why internet will fail http://threewordchant.com/2010/02/24/why-the-internet-will-fail-from-1995/ and compare it to what is being said about bitcoin and crypto-currencies

I agree there are some parallels. But the birth of the Internet didn't threaten the existence of huge financial institutions. It did threaten corrupt governments but they didn't realize it at the time Wink

bitcoin is a direct threat to government financial control of its people. people in power (banks, governments) do not just give up.

auzaar

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Most of the people are missing the intent here, missing the bigger picture and discussing protocol vs product etc etc, Point is internet as a concept was derided, no body thought what to make of it and see now, and imagine future!
Anyway read this article from 1995 about why internet will fail http://threewordchant.com/2010/02/24/why-the-internet-will-fail-from-1995/ and compare it to what is being said about bitcoin and crypto-currencies

empoweoqwj

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Quote from: nanonano on December 16, 2013, 03:11:26 AM

Quote from: Cryptolator on December 15, 2013, 06:09:19 PM

I just hope Bitcoin will not have the same fate as Netscape. Roll Eyes

Netscape code is now one of the most important open source code bases out there and it's used to build one of the most popular pieces of software of all time. It has been and still is instrumental to the openness of the Web.

I'm sure all of the code has been rewritten a couple of times already and the company is long gone... but the Netscape legacy is huge: if bitcoin ever has a shadow that long, it's been a stellar success.

So the netscape code isn't used any more by anyone and its a huge success story. please tell more.

Ailure

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Netscape is still alive. It's just that it's modern ancestor have a different name. Mozilla Firefox. Wink

Although yes probably very little of the original Netscape code remains. But nevertheless, the browser didn't die... just the brand.

alexeft

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Can anybody here recognize the difference between a protocol and a program?

Netscape was a program, http IS a protocol. Http is still dominant, being upgraded etc.

In the same manner, bitcoin-qt is a program, bitcoin itself IS a protocol.

Still, I'm no future teller.

Buffer Overflow

legendary

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Quote from: nate008 on December 16, 2013, 04:17:36 AM

Quote from: EvilPanda on December 15, 2013, 08:37:53 PM

Bitcoin might not be around but other electronic currency will, paper money is doomed. If you can combine your wallet with a phone why carry both?

Cause if your battery dies , you're in big trouble , especially if you're alone away from home.

Or you can't get a signal on your phone.
Cash is very useful and convenient, Bitcoin won't replace it.

nate008

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Quote from: EvilPanda on December 15, 2013, 08:37:53 PM

Bitcoin might not be around but other electronic currency will, paper money is doomed. If you can combine your wallet with a phone why carry both?

Cause if your battery dies , you're in big trouble , especially if you're alone away from home.

Buffer Overflow

legendary

Activity: 1652

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Quote from: EvilPanda on December 15, 2013, 08:37:53 PM

Bitcoin might not be around but other electronic currency will, paper money is doomed. If you can combine your wallet with a phone why carry both?

Reminds me of the 'paperless office' ideology that never materialised.

nanonano

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Quote from: Cryptolator on December 15, 2013, 06:09:19 PM

I just hope Bitcoin will not have the same fate as Netscape. Roll Eyes

Netscape code is now one of the most important open source code bases out there and it's used to build one of the most popular pieces of software of all time. It has been and still is instrumental to the openness of the Web.

I'm sure all of the code has been rewritten a couple of times already and the company is long gone... but the Netscape legacy is huge: if bitcoin ever has a shadow that long, it's been a stellar success.

empoweoqwj

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Quote from: Cryptolator on December 16, 2013, 12:12:14 AM

Quote from: empoweoqwj on December 15, 2013, 11:31:40 PM

Quote from: thesims on December 15, 2013, 11:30:36 PM

Bitcoin should be replace by something more useful

Wink

What's not useful about bitcoins?

He was trolling...

Sorry. Sometimes even a troll slips by me, my eyesight isn't what it used to be

titulng

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HubrisOne

bitecoins trend rose crash, Not ever say 19 years, even tommow that we don't know what happened? On the other hand, I am concerned about the trend of bitecoins daily on bitstamp & mtgox and lakebtc.com, Stage if no other factors, alone trading transactions, bitcoin is not a big price volatility.

Cryptolator

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Quote from: empoweoqwj on December 15, 2013, 11:31:40 PM

Quote from: thesims on December 15, 2013, 11:30:36 PM

Bitcoin should be replace by something more useful

Wink

What's not useful about bitcoins?

He was trolling...

empoweoqwj

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Merit: 500

Quote from: thesims on December 15, 2013, 11:30:36 PM

Bitcoin should be replace by something more useful

Wink

What's not useful about bitcoins?

thesims

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Decentralize $15-Trillion Global Trade Industry

Bitcoin should be replace by something more useful

Wink

empoweoqwj

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Quote from: auzaar on December 15, 2013, 05:47:33 PM

I see people debating Bitcoin is not useful, not user friendly and get distracted by price movement but think it this way, what it will be in 19 years.
Today 19 years ago Netscape Navigator 1.0 was released and we haven't yet released Bitcoin 1.0
https://twitter.com/History_Pics/status/412315576565235713/photo/1

Not sure the version number of Bitcoin is particularly relevant ......... but anyone attempting to predict the future of Bitcoin in 19 years is a deluded fool, we have enough trouble trying to predict what will happen tomorrow.

Navigator went tits up btw Grin

EvilPanda

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Small Red and Bad

Bitcoin might not be around but other electronic currency will, paper money is doomed. If you can combine your wallet with a phone why carry both?

DeathAndTaxes

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Gerald Davis

Quote from: jackmackg on December 15, 2013, 07:42:08 PM

Err maybe, to be fare all old software that died could have been upgraded but still died anyway.

Bitcoin is more like a protocol than software. The internet used TCP/IP 20 years ago and it will 20 years from now. It never got replaced with something different even though TCP/IP has plenty of flaws.

ljudotina

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Quote from: jackmackg on December 15, 2013, 07:42:08 PM

Quote from: ljudotina on December 15, 2013, 07:24:25 PM

Quote from: jeppe on December 15, 2013, 07:20:36 PM

another decentralised currency will rule the world. Bitcoin is the first real decentralised currency but its not perfect and will be replaced at some point (but not in the near future)

Why does everyone think that BTC wont change with time? Every "doomsday" prophecy doe the same thing...they all think that BTC wll stay the way it is right now and will never ever change (chain will get too long, speed of transaction bla bla bla bla...it's like BTC will be frozen in time). Same here..it is not perfect and it will die....do you think that BTC will never be upgraded, fixed, changed?

Err maybe, to be fare all old software that died could have been upgraded but still died anyway.

Software that changes don't die, software that doesn't change dies. We agree with that.

I think that BTC WILL change, why do you think it WON'T?
Only because "some" software did not change and died, you think BTC wont change and will die? What kind of logic is that?

What about all that software that DID change and is still alive and kicking harder than ever? (linux anyone?) Why do you think BTC is not one of those?

zimmah

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Quote from: jeppe on December 15, 2013, 07:20:36 PM

another decentralised currency will rule the world. Bitcoin is the first real decentralised currency but its not perfect and will be replaced at some point (but not in the near future)

the protocol can be updated, saying bitcoin isn't perfect and therefore will be replaced by another crypto is like saying http is not perfect and therefore will be replaced by a better internet protocol.

rather than putting the protocol in the garbage and replace it with something new, you can also just update the protocol, which is much more likely to happen because bitcoin is the only crypto that is (and will be) used in commerce.

Cryptolator

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Quote from: ljudotina on December 15, 2013, 07:24:25 PM

Quote from: jeppe on December 15, 2013, 07:20:36 PM

another decentralised currency will rule the world. Bitcoin is the first real decentralised currency but its not perfect and will be replaced at some point (but not in the near future)

Why does everyone think that BTC wont change with time? Every "doomsday" prophecy doe the same thing...they all think that BTC wll stay the way it is right now and will never ever change (chain will get too long, speed of transaction bla bla bla bla...it's like BTC will be frozen in time). Same here..it is not perfect and it will die....do you think that BTC will never be upgraded, fixed, changed?

Exactly !!!

Topic: Bitcoin in 19 years (Read 2934 times)