Topic: INTERNET = BITCOIN? - page 11. (Read 2849 times)
The internet is also good at bitcoin because it is a good process now that we make money or bitcoin because of the internet
I don’t think bitcoin and internet are same. To me bitcoin is a tool which is made to use the internet platform.
Facebook shares price fell -24% and $180 billion got wiped out of facebook market value. Bitcoin market capitalization is some $180 billion. Bitcoin is not that big.
Indeed. It's just that last year's bull market brought attention of worldwide governments and average joes. Bitcoin still has lot to grow (and I hope it will!).
Bitcoin will need a long time to be stable. It will need a lots of investors. If bitcoin become stable in future then i think it will going to conquer the internet.
I think bitcoin is going to lead internet someday. It has that kind of potential. Maybe it will face lots of ups and downs but i believe it will go much further.
Bitcoin is a big part of Internet. But internet is a vast thing. There are lots of things in internet which are as important as Bitcoin. So we can't judge them both together.
Bitcoin is not an all crypto. Where are altcoins.
But comparison of Internet with crypto is wrong too. Crypto is just financial part of Internet.
But comparison of Internet with crypto is wrong too. Crypto is just financial part of Internet.
Facebook shares price fell -24% and $180 billion got wiped out of facebook market value. Bitcoin market capitalization is some $180 billion. Bitcoin is not that big.
Nobody can't defeat facebook. But as we all know the employees and the CEO bosses, advertisers only profit from it while the users are giving away there personal data or information for free?! But for bitcoin both users and investor we earn and profit from without spending or giving anything.
why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.
and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.
and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
Bitcoin need an internet connection to run the transaction fast and reliable. That's why the existence of bitcoin depend on the internet connections as of now. but maybe in the future their is an upgrading process and development. That's why we need this two as a comparisons in every transaction that we made.
Bitcoin transactions may need the internet to run. But you can't say the internet needs bitcoin to exist. The internet as a conduit has made bitcoin more powerful and impossible to stop but the two are pretty different.
Bitcoin is just an invention of blockchain technology which exists in internet for transactions and investment. However, Internet is a much larger aspect of our life, widely used and known worldwide because of its usefulness. Bitcoin lacks these features as of now. But, in future, there's a huge possibility for it to become mainstream.
Bitcoin is a product of the internet because without the internet I don't believe the activities of bitcoin and that of the Cryptocurrency at large will be succes. Secondly bitcoin has made online business very easy and simple all like the days of PayPal which I believed 90% of us today wouldn't have allowed to transact any business online easily as its now with the used and knowledge of Crypto.
Bitcoin may not become the currency of the internet but it can be compared to gold, it’s like digital gold. Not everyone understands it and not everyone can afford it. Comparing it with internet doesn't mean anything much to me except the growth. Each has its own different mechanism.
The internet and the bitcoin only get as similar as it could get on the level it has gotten. The diff between the internet is vast and quite significant. The internet is the vehicular protocol that allows info to be speedily disseminated. Not so with the bitcoin and the blockchain. The internet is centralised and may be monitored by individuals. Not so with the bitcoin. Bitcoin is an instrument (within the community that accepts it) as a means of exchange. The internet is NOT an instrument of payment and/or exchange. The bitcoin fluctuates in price. Not the internet.
Internet is a technology, and bitcoin is a electronic cash.
when you need to work bitcoin and discuss bitcoin, when you need internet.
And when you have no internet then you will disconnect the bitcoin.
So internet=bitcoin.
That's it ☺
when you need to work bitcoin and discuss bitcoin, when you need internet.
And when you have no internet then you will disconnect the bitcoin.
So internet=bitcoin.
That's it ☺
Bitcoin is not the internet and internet is not bitcoin.
https://en.wikipedia.org/wiki/Internet, The Internet is the global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link devices worldwide.
https://en.wikipedia.org/wiki/Bitcoin, Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator,
It is clear that your relationship of bitcoin and internet is way beyond layman understanding. Read more to educate yourself.
https://en.wikipedia.org/wiki/Internet, The Internet is the global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link devices worldwide.
https://en.wikipedia.org/wiki/Bitcoin, Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator,
It is clear that your relationship of bitcoin and internet is way beyond layman understanding. Read more to educate yourself.
Internet is network system which are connected people in globally. Bitcoin is a digital currency which are capable to payment. Bitcoin are more potential and profitable.
The bitcoin technology is not yet so large, but the Internet is very similar in technology to bitcoin. In the future, we will discuss Bitcoin on a par with the Internet is 99%.
The Internet is a vast thing to describe as it holds the connectivity and database of almost all people in the world. Bitcoin is a cryptocurrency which embraces Blockchain technology and uses the internet to operate. If there is no internet, there is no cryptocurrency. If there is no BTC, there is possible to sustain the internet. I assume that explains everything.
The internet is a network of global expansions. Through which everyone is connected On the other hand, Bitcoin is the digital currency. Which has the ability to pay. Bitcoin made by Blockchain Technology
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