Topic: INTERNET = BITCOIN? - page 6. (Read 2849 times)
One thing is sure that BTC has a long history, a coin was born from blockchain and best security available today. Many systems are hacker visited but stays BTC and development. I believe that BTC will become increasingly valuable and extremely expensive in the future
No, I don't agree with you because internet is the way to run and bitcoin has much more feature then internet just like we can invest in bitcoin but not in internet.
Bitcoin is very much connected to the Internet, but I think it's better to compare the Internet and blockchain. Blockhain has really great potential.
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
Bitcoin is not internet, YES of course, but bitcoin life is depends with internet. Without internet, bitcoin is only sillhoutte. Internet without bitcoin is okay, but internet without the communit, payments, and ecosistem is nothing. SO in the future, we will need cryptocurrency to make the internet more valuable.
Many still make comparisons between Bitcoin and the Internet. However, Bitcoin should not be compared in the same way. There are no signs of recovery, which is more worrying. The digital age is growing. Hope Bitcoin will regain stability.
The problem is not just storage capacity, but also processor capacity : Only supercomputers can be fast enough to confirm that Bitcoin transactions are over. Huge masses can "break" and make the entire Internet network paralyzed. Bitcoin is "breaking the internet" very impressive. Should Internet not be equal to Bitcoin.
The internet is the most powerful access in this digital cryptocurrency activities and transactions , without this internet how can people be connected to the bitcoin , so in this business and investment in cryptocurrency ,internet plays a vital role in fullfilling the success.
The nature of bitcoin is like the Internet. Bitcoin transactions will not be exposed. They can not be controlled by banks and world governments. Bitcoin cannot be destroyed. If governments want to destroy bitcoins, they need to destroy the internet first.
The internet has changed the way people live and do business, and is arguably one of the biggest advancements in human history. What many people don’t realise is that the internet we know today might never have happened at all because there were a number of ‘rival’ ‘internets’ being built at that time. These were specific companies that wanted to connect all the computers in the world and share information, but do it on their own system, so that people had to pay to access their own ‘information superhighway’.
in this sense the internet and Bitcoin is similar and are interrelated. Bitcoin can not properly run without the internet, For one, it’s not owned by anyone, so anyone can use it as they please - no gatekeepers. This is often referred to as ‘decentralised’. It also allows for permissionless innovation, and this is the reason why so many people are building companies and applications on top of it and it is growing so fast. Lastly, Bitcoin is also interoperable, Like email or the internet, my Bitcoin and your Bitcoin work on the same system, one big global transaction ledger and, in some sense, the world’s first truly global currency.
in this sense the internet and Bitcoin is similar and are interrelated. Bitcoin can not properly run without the internet, For one, it’s not owned by anyone, so anyone can use it as they please - no gatekeepers. This is often referred to as ‘decentralised’. It also allows for permissionless innovation, and this is the reason why so many people are building companies and applications on top of it and it is growing so fast. Lastly, Bitcoin is also interoperable, Like email or the internet, my Bitcoin and your Bitcoin work on the same system, one big global transaction ledger and, in some sense, the world’s first truly global currency.
I do think that bitcoin is depending on internet, but I also think that another 2018 it is almost impossible to turn off the internet or to make something in order to stop it, it is already unstoppable.
Bitcoin as a means of payment has not yet become commonplace, it will happen a little later.Cryptocurrency will not replace conventional money, it is completely different, they will exist in parallel.
I think this two had altogether different employments. So they are not like me. Indeed, even bitcoin won't exist if there is no web so we can state it is a piece of the web
I would not put an equalizer between Bitcoin and Internet. Bitcoin is a currency and Internet is a world wide ledger of information about the world.
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?
I am agree to your statement that internet = bitcoin because no one can work here in bitcoin if their country does not have internet. I do not know how they say that bitcoin is not internet.
Bitcoin is a digital currency so Internet is the must required thing for Bitcoin. Internet used as fuel for bitcoin. Many people spend their most of the time in Internet and bitcoin provide them an opportunity to earn money over Internet. Bitcoin is mainly used as a money transferring method and this thing done with the help of Internet. And you can use the facility anywhere anytime with the help of Internet. Bitcoin is mostly used for online shopping and payments.
I like btc trading because it takes place from the comfort of your home via the Internet and you have all chances to earn a living with comfort taking not so many efforts. To my mind, it is good chance to earn
I agree with this opinion. Have seen that a lot of people work on regular internt. Maybe they need something in the Internet. You can keep track of people. Bitcoin will also become popular and come with the Internet due to its versatility and convenience
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?
Internet is not bitcoin and bitcoin is not internet but when you want to send bitcoin to another address, you need internet to do.
bitcoin is decentralized, thats why it needs internet to run consensus in the network and not only bitcoin, all cryptocurrency work like that.
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?
Bitcoin needs internet. It is invented with the aid of the internet. So I think they are not equal. We cannot transact bitcoin or any other crypto currency without the internet. 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 Bitcoin is not the Internet, but Bitcoin is run with the help of the internet. so they are not the same, but Bitcoin is very dependent on the existence of the internet as a major supporter of Bitcoin. if the internet doesn't exist I'm not sure Bitcoin can grow as it is now.
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