Bitcoin is a big market and will be very successful in the future. my opinion
Topic: INTERNET = BITCOIN? - page 13. (Read 2849 times)
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?
I think the Internet is quite similar to Bitcoin. It was born and it took a while to prove to the whole world that it was important. Then for a short time, its value was soaring and they called it a bubble. The dot-com bubble has exploded and Cryptocurrency is also. I think it has the same fate and is very valuable in the future. 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?
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.
I don't think OP is mentioning the size of the Internet vs the size of Bitcoin. I think he/she is focusing on the technology it's based on. I agree that it's a pretty thin comparison to be making, but I think there's some truth to it. In particular, the protocols that are open to the public is a decent connection.
The only issue I really have with this is that it's a little too vague. You can say the same thing about numerous services on the web. Alongside that, I think Bitcoin has a while to grow before it's at a spot of comparison to the Internet at all. Might be better to connect Bitcoin to Gold in terms of a holding/asset.
Yes i agree to this opinion.It is seen that a lot of people work over internt regularly.May be they needed something in Internet.. You can follow people, you can stalk some celebrities and you can even talk to them. On the other hand in the future bitcoin will be payment system in the world : 
I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used
but in fact that bitcoin can not be used if there is no internet. I think that bitcoin really needs internet. even if there is no internet then bitcoin will die 
The bitcoin is really the same as the Internet, and many people doubt that bitcoin is a monetary means designed by the US government for the economy, and I think it is possible.
I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used
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 will never be currency of the internet, its already not functioning as a curency for a small community it has
Because of volatility it is difficult to use as a currency. This single sentence though answers the problem of the volatility. You are right, its a small community and that's why its not functioning as a currency, as it is way too volatile. Obviously it will be less volatile as the market grows. It is already significantly less volatile than what it was a few years back.
fears among banksters. and old people that think the world is drifting appart.
Banksters are powerless and as for old people, i'm not sure what that has to do with anything. It should be advised that you absolutely should not and cannot listen to older people (67+) about anything in the technology sector. It is just far too alien, and they would not have accurate advice for it.
interest based game theory basically reassures that bitcoin will drop its popularity, world changes, not in the interest of many to support a certain cryptosect.
I don't know what this has to do with Bitcoin exactly. How does game theory reassure that Bitcoin will lose popularity? That makes no sense... If anything, interest in Bitcoin will only increase. Very rarely do new people that enter crypto eventually leave. Most of the time, new crypto users stick around and don't lose interest in the crypto sector. Why? Because it is far too interesting in the first place. If anything, the network effect guarantees Bitcoins usage will increase and in turn, it's price.
but given the huge amount of coins in reality that will exist. i doubt you will keep the attention you currently have.
The huge amount of pointless alts with nil hash rate? Why would they affect the largest crypto network? They are not better than Bitcoin in any way. None of them work, and those that promise to be better, fail spectacularly (See EOS).
i don't even know why you thought it is a good idea to compare two things that are very different! your comparison is like saying my new Porsche is equal to the road! Porsche is the vehicle which was made to use the road to move around. bitcoin is also the tool that was made to use the internet to perform.
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.
...
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.
...
I feel quite reasonable about the interesting sharing of Mr. Kelly (a founding executive, CEO of BKCM LLC). He believes that the explosive growth of the Internet, in the future Bitcoin will be so. He believes that the future of these coding currencies will be similar to the impact of the Internet today.
There are a lot of people visiting regularly the internet, it may be their job or just a way to pass time or maybe they needed something. A lot of people got addicted to it since you can do whatever you want from it unless some sites are banned at you.
You can follow people, you can stalk some celebrities and you can even talk to them. It may not give the service as the same as Bitcoin but in the future payment will be the same, but the thing is it may not be Bitcoin.
I think the nature of the internet and bitcoin is the same.
Kelly compared Bitcoin to the early Internet companies of Cisco and Microsoft, considering the similarities between Bitcoin and Cisco's routers and Internet protocols. However, Kelly emphasized that it is not right to think of Bitcoin as a company or a stock:
"This is an open source software, you can not think of it as a company, and people make a mistake about it. This is not a stock, it's not a company."
Kelly compared Bitcoin to the early Internet companies of Cisco and Microsoft, considering the similarities between Bitcoin and Cisco's routers and Internet protocols. However, Kelly emphasized that it is not right to think of Bitcoin as a company or a stock:
"This is an open source software, you can not think of it as a company, and people make a mistake about it. This is not a stock, it's not a company."
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 will never be currency of the internet, its already not functioning as a curency for a small community it has, its broken its a tool for speculation that causes fears among banksters. and old people that think the world is drifting appart.
interest based game theory basically reassures that bitcoin will drop its popularity, world changes, not in the interest of many to support a certain cryptosect.
it will be the problem of bitcoin and its centere (miners, and owners, and media outled owners) to propagate it.
but given the huge amount of coins in reality that will exist. i doubt you will keep the attention you currently have.
regards
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.
...
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.
...
I feel quite reasonable about the interesting sharing of Mr. Kelly (a founding executive, CEO of BKCM LLC). He believes that the explosive growth of the Internet, in the future Bitcoin will be so. He believes that the future of these coding currencies will be similar to the impact of the Internet today.
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?
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