Topic: How huge is the Bitcoin Invention in History? - page 2. (Read 838 times)
I and also most of others have already compared bitcoin as a revolution in virtual currency and payment processor world. You can see how other payment processors have more than hundreds of billion in transaction every year, and bitcoin now have just started to take a pie out of that huge yearly volume. So yes bitcoin is much more safer than usual/traditional payment processors incuding online banking. Decentralized.... anonymous....Freedom......low fee......non refundable....These all are revolutionary evolution in field of currency by bitcoin.
It may be a bit too early to decide on the importance of Bitcoin for human history. The importance of an invention depends almost exclusively on its success, not necessarily on its ingenuity. So we have to wait whether Bitcoin becomes a worldwide payment system used by billions of people or if it fails to reach mass adoption and is replaced by a different system.
But in my opinion, Bitcoin certainly has the potential to become one of the most important inventions in human history. Judging by the system's ingenuity, Satoshi Nakamoto is more worthy of receiving a Nobel price in economics than any other laureate before him. Bitcoin can reach an impact that equals that of the Internet.
ya.ya.yo!
But in my opinion, Bitcoin certainly has the potential to become one of the most important inventions in human history. Judging by the system's ingenuity, Satoshi Nakamoto is more worthy of receiving a Nobel price in economics than any other laureate before him. Bitcoin can reach an impact that equals that of the Internet.
ya.ya.yo!
I think bitcoin is a pretty huge invention,as i know this is the first digital money that being created and being used in whole world, it has gain so many attention from all over the world, so i think its a pretty important things that ever being created by mankind
If u think about history, inventing the wheel, electricity, industrial revolution, airplanes, computers, and all those nifty inventions that redefined the human life - do u feel that Bitcoin can be compared to this? Or is Bitcoin nothing really new and more of a simple digital reinvention of assets?
~CfA~
~CfA~
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