Topic: INTERNET = BITCOIN? - page 8. (Read 2849 times)
in my opinion it cannot be equated, because from the point it is different, the internet is a network to communicate with the world, so that everything we can see from the internet, and the internet is a way to do whatever we like in cyberspace. whereas bitcoin is a digital currency, which only lives through the internet, if the internet dies then bitcoin will die, but if bitcoin dies, then there is no effect on the internet ... it looks like you have to learn again, because things that are clearly different cannot be equated .. !!
I know bitcoin can be run only if there is internet and that is the reason in virtual money because bitcoin is not fiat money so as long as there is internet bitcoin will continue to exist and develop with increasing trust in bitcoin
At first sight to this equation, the comparison is obviously not equal of course. But to say that the idea is there but not just shows properly. I get what you want to say that without the use of the internet, there is not access to Bitcoin too, since Bitcoin cannot be generated offline. Internet is the core buddy of Bitcoin.
and BTC will always be there as long as the INTERNET is still there. as a connecting network that is always needed by users. I can't think if there is no internet. thanks
I don't know that bitcoin and internet are same, as I know that bitcoin is work because if internet, without any internet bitcoin can't work, can't send the bitcoin, can't check the balance, and anything else, so internet is like the bitcoin life
It's true that bitcoin is the same as the internet, because bitcoin is very dependent on the internet. The existence of the internet opens an easy way to invest in bitcoin and maybe if there is no internet bitcoin will not be what it is today because the internet has a big influence on bitcoin. So with the internet anyone can use bitcin.
technically bitcoin is indeed similar to the internet, no one has bitcoin and anyone can use it. if there is no internet then there is no bitcoin, bitcoin's dependence on the internet is huge.
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."
you're right, don't look at bitcoin as a currency or a company, see bitcoin as digital gold.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."
yes digital gold, just like real gold but this one is in digital form. rather difficult to explain
: 
Bitcoin is similar to the internet. For someone, the internet is not owned by anyone, so anyone can use it at will - there is no gatekeeper. This is also called 'decentralization'. Bitcoin supports 'unlicensed innovation' which allows many people to build companies and applications on the internet so that the product is growing rapidly. Lastly, Bitcoin is interoperable - meaning like email and the internet, my Bitcoin and your Bitcoin all work in the same system, Bitcoin is a global cash transaction, and when viewed from a certain point of view, Bitcoin is the first global currency in the world.
Internet and Bitcoin are not really equal, and there is no need equating the two. Bitcoin is money. Be it digital money or digital currency or whichever you prefer which can be used as a medium of exchange. Internet on the other had is just a network of computers connected together.
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?
As my opinion, bitcoin needs and internet to run the transaction successfully. Because bitcoin is a digital money currency that runs to the block chain that needs an internet.
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?
It's really not possible to compare the two. Better if we relate them.
Bitcoin needs internet to prosper. Without internet bitcoin is nothing simply bitcoin is a digital coin. The primary requirement for bitcoin transation you must have internet connection.
Without internet bitcoin is nothing and you're holdings is worthless if your internet network isn't stable enough to cater all your bitcoun transactions. Most importantly the miners should have strong network communications, because every nodes of a transactions should have an exact performance in handling the fund running through the network. Those requirements is the very most important aspect on bitcoin to run smoothly.
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?
It's really not possible to compare the two. Better if we relate them.
Bitcoin needs internet to prosper. Without internet bitcoin is nothing simply bitcoin is a digital coin. The primary requirement for bitcoin transation you must have internet connection.
Yes there is really no way to use bitcoin without internet but this is really not a problem...The Internet is widely available and we do not need to worry about it
I think blockchain will have a big role in internet. and blockchain dapps will be the future.
I think it is not the right interpretation. Yes internet is the medium in order for the bitcoin to generate. But i do disagree in internet = bitcoin. Because bitcoin is another system it just need internet to be able to use.
Bitcoin is a big market and will be very successful in the future. my opinion
I agree in your opinion, cause bitcoin from the start it continues growing and increasing the value and bitcoin user it grows it become more progressive and successful and I think the future it become more popular all over the world and accepted in all country it become more successful.
i heard a man say that the bitcoin and blockchain technology is just as the internet is to network. that if you take away the global data accessibility from the internet then it is just like a normal networking and if you remove the security proferred by miners from the blockchain technology then it is just data base but as long as the immutability is still there it remains blockchain technology.
Wrong equation bro, bitcoin would rely on the internet to live while the previous do not need the latter to breath..
I do not see any attach strings here. It is just coincidence and Bitcoin needs internet to survive and to live. But saying that both of this system are the same is not appropriate. In other thoughts, Bitcoin address can also be generated without internet.
Jump to: