Topic: Bitcoin is an altcoin. The first one ever (Read 559 times)
ill give you ten ox tales and a cord of wood for 8 of those doohickies and whatsitcallzits
sited from wikipedia https://en.wikipedia.org/wiki/Digital_currency#Digital_versus_virtual_currency
Origins of digital currencies date back to the 1990s Dot-com bubble. One of the first was E-gold, founded in 1996 and backed by gold. Another known digital currency service was Liberty Reserve, founded in 2006; it let users convert dollars or euros to Liberty Reserve Dollars or Euros, and exchange them freely with one another at a 1% fee. Both services were centralized, reputed to be used for money laundering, and inevitably shut down by the US government.[3] Recent interest in cryptocurrencies has prompted renewed interest in digital currencies, with bitcoin, introduced in 2009, becoming the most widely used and accepted digital currency.
and what about http://beenz.com/ or http://www.wmtransfer.com/
seems the concept has been around the block a few times....
idk just saying
its all an alternative to dollars and cents or your respective denominations.
Don't forget that even potatos are alternative currency.Origins of digital currencies date back to the 1990s Dot-com bubble. One of the first was E-gold, founded in 1996 and backed by gold. Another known digital currency service was Liberty Reserve, founded in 2006; it let users convert dollars or euros to Liberty Reserve Dollars or Euros, and exchange them freely with one another at a 1% fee. Both services were centralized, reputed to be used for money laundering, and inevitably shut down by the US government.[3] Recent interest in cryptocurrencies has prompted renewed interest in digital currencies, with bitcoin, introduced in 2009, becoming the most widely used and accepted digital currency.
and what about http://beenz.com/ or http://www.wmtransfer.com/
seems the concept has been around the block a few times....
idk just saying
its all an alternative to dollars and cents or your respective denominations.
sited from wikipedia https://en.wikipedia.org/wiki/Digital_currency#Digital_versus_virtual_currency
Origins of digital currencies date back to the 1990s Dot-com bubble. One of the first was E-gold, founded in 1996 and backed by gold. Another known digital currency service was Liberty Reserve, founded in 2006; it let users convert dollars or euros to Liberty Reserve Dollars or Euros, and exchange them freely with one another at a 1% fee. Both services were centralized, reputed to be used for money laundering, and inevitably shut down by the US government.[3] Recent interest in cryptocurrencies has prompted renewed interest in digital currencies, with bitcoin, introduced in 2009, becoming the most widely used and accepted digital currency.
and what about http://beenz.com/ or http://www.wmtransfer.com/
seems the concept has been around the block a few times....
idk just saying
its all an alternative to dollars and cents or your respective denominations.
Origins of digital currencies date back to the 1990s Dot-com bubble. One of the first was E-gold, founded in 1996 and backed by gold. Another known digital currency service was Liberty Reserve, founded in 2006; it let users convert dollars or euros to Liberty Reserve Dollars or Euros, and exchange them freely with one another at a 1% fee. Both services were centralized, reputed to be used for money laundering, and inevitably shut down by the US government.[3] Recent interest in cryptocurrencies has prompted renewed interest in digital currencies, with bitcoin, introduced in 2009, becoming the most widely used and accepted digital currency.
and what about http://beenz.com/ or http://www.wmtransfer.com/
seems the concept has been around the block a few times....
idk just saying
its all an alternative to dollars and cents or your respective denominations.
I disagree, altcoin simply an alternative cryptocurrency next to Bitcoin. There will be no altcoin if Bitcoin doesn't exist.
if bitcoin is altcoin so dogecoin is maincoin ? 
i'm not following... 
so you mean we should work on testnet instead and not bitcoin?
so you mean we should work on testnet instead and not bitcoin? 
According to google(which refers to investopidia), an altcoin is
Quote
"Altcoin" is a combination of two words: "alt" and "coin"; alt is short for alternative and coin signifies currency. Thus together they imply a category of cryptocurrency that is alternative to the digital currency Bitcoin.
If you're to follow that, then no ,bitcoin is not an altcoin. Disagree it is not an alternate coin.
It is the original coin that started it all.
BTC
The original coin was the "testnet" bitcoin. It is the original coin that started it all.
BTC
Then technically something like that gold coin way back when was the first.
Yep! That was in the late 90s tho, not sure how many people know about it.
I wanted to point that out, but wouldn't make sense to some people.
I don't remember how that network was distributed though. Either way that guy went to jail for pissing off Uncle Sam.
It was just another "shitcoin"
Disagree it is not an alternate coin.
It is the original coin that started it all.
BTC
The original coin was the "testnet" bitcoin. It is the original coin that started it all.
BTC
Then technically something like that gold coin way back when was the first.
Yep! That was in the late 90s tho, not sure how many people know about it.
I wanted to point that out, but wouldn't make sense to some people.
I don't remember how that network was distributed though. Either way that guy went to jail for pissing off Uncle Sam.
Disagree it is not an alternate coin.
It is the original coin that started it all.
BTC
The original coin was the "testnet" bitcoin. It is the original coin that started it all.
BTC
Then technically something like that gold coin way back when was the first.
Yep! That was in the late 90s tho, not sure how many people know about it.
I wanted to point that out, but wouldn't make sense to some people.
Then technically something like that gold coin way back when was the first.
Disagree it is not an alternate coin.
It is the original coin that started it all.
BTC
It is the original coin that started it all.
BTC
Since the original bitcoin was the bitcoin testnet.
Agree, disagree with this?
Agree, disagree with this?
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