Map of the internet in 1973, or why Bitcoin will be worth $millions

speem28

sr. member

Activity: 546

Merit: 255

Quote from: Hydrogen on February 13, 2018, 01:39:17 PM

Quote from: pereira4 on February 13, 2018, 12:41:08 PM

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

I can imagine bitcoin scaling. Wink

Its not a pretty sight.

The way I expect bitcoin to scale (see: eventually) is for random altcoins to be spammed to infinity until we wake up one day and there is sufficient alt bandwidth to cover whatever transaction bandwidth deficit bitcoin is subject to. If that day ever comes, hopefully we can play it off as if we had planned things out that way all along. "Just as planned by the greatest minds crypto has to offer."

Thanks for posting that ARPA network diagram & trying to make a positive post in this section. Maybe I should try to do that more often.

Though we could see and relate it much to the result of the scaling of the Internet, where most of the people are making each of their own stands that it will not scale and suddenly, with enough time it did. It is just like that in Bitcoin, a lot of speculations and FUDs has been spreading around the community about how Bitcoin would turn out in the future like it is just a bubble, that another coin would take over the thrown, blah blah blah. Let's give it more time and it will hit them in the face when the time comes where Bitcoin's price has reached another height.

oddwh

hero member

Activity: 854

Merit: 1002

I would say Bitcoin will follow e-mail success more than internet itself. Even if I love the concept to compare bitcoin and internet, bitcoin is just a layer of internet as email is, it's a possible usage of internet, that's why we can't directly compare with it.
Internet is a converged network where we can easily split some layers like websites, TV & video streaming, emails, live chatting, video games, and now cryptocurrencies. Bitcoin was like the missing layer for finance in internet.

Of course email had success a bit like internet so that doesn't contradict your opinion about a future mass adoption

I'm always wondering something : we compare bitcoin and internet, but we don't compare it with failed projects. Does someone knows a project that was a bit like bitcoin or internet and which failed ? It could be interesting to see why it failed.

jseverson

hero member

Activity: 1834

Merit: 759

Quote from: pereira4 on February 13, 2018, 12:41:08 PM

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

Another thing to add is that the internet also used additional layers to help with its scaling, so it provides a really nice parallel to Bitcoin. They're very different, but I do hope Bitcoin can replicate the internet's success.

By scammers I'm assuming you mean Bitcoin Cash shills? Lol. I have nothing against the project itself, but yeah, the way they promote it and their need to constantly disparage Bitcoin rubs me the wrong way.

owlman

full member

Activity: 602

Merit: 100

It will be interesting to see how long it takes for a worldwide recognition, such as the Internet. The main thing is that the community on this forum is a part of history, and everyone believes in the further development and perspective of the bump and all the crypto currency in general.

pereira4

legendary

Activity: 1610

Merit: 1183

Quote from: buwaytress on February 13, 2018, 05:16:54 PM

Quote from: pereira4 on February 13, 2018, 12:41:08 PM

That is it, the internet in all it's glory, dated as old as 1973. In this historic document, you can see the entire network in a piece of paper.

Back then most people would have said it would never scale, the idea of everyone on the planet connected to the internet was absurd. Similarly, assorted scammers and short sighted morons claim Bitcoin will never scale (as they sell you some shitcoin claiming that is the one that will scale in order to steal your hard earned BTC from you).

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

A lot of other similarities actually! The media used to demonise the Internet too, saying it was a place where scammers, hackers, paedophiles and gamblers would hang out. Of course, it was probably quite true, judging from my own early experiences there, but hey, early adopters who weren't bad people weren't newsworthy.

It also reminds me of the very early people on Internet. You'd literally get people reaching out for helpful advice, technical docs, just to help a guy finding his way online - much like some of the very able users on this forum.

On scaling, Antonopoulos said in one of his lectures many years this was also a good comparison. The Internet has always been in lagging behind in scaling. And it still struggles behind the scenes... it's a perfect problem to have, if you think about it. Success breeds problems, and none come faster and stay longer than scaling!

Current media phase is similar, or actually exactly as this was in 1995:

https://www.youtube.com/watch?v=lskpNmUl8yQ

And you can see a lot more in youtube. Celebrities where talking about it too:

https://www.youtube.com/watch?v=0NIPGmziNG0

This is similar to these that say now "it's too late to get rich with crypto, everyone is talking about it". Everyone was talking about it in the early 90s, but who actually had internet? and how primitive it was? People quickly forget how much things changed from 1995 to 2005. After the 2000's bubble popped, Amazon went up hundreds of time, and Bitcoin will be a clear survivor after the "altcoin bubble" pops, but the thing is we haven't even had the altcoin bubble yet. Dotcom bubble peaked at 6.7 trillion, we haven't even had a trillion marketcap of all coins combined yet.

ShareAccepted

member

Activity: 336

Merit: 11

Victorieum Digital Wallet Revolution

Quote from: pereira4 on February 13, 2018, 12:41:08 PM

That is it, the internet in all it's glory, dated as old as 1973. In this historic document, you can see the entire network in a piece of paper.

Back then most people would have said it would never scale, the idea of everyone on the planet connected to the internet was absurd. Similarly, assorted scammers and short sighted morons claim Bitcoin will never scale (as they sell you some shitcoin claiming that is the one that will scale in order to steal your hard earned BTC from you).

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

I really love this graph. It is amazing to realise that it took 10 years for the internet to be a bit more spread and it took nearly 25 to have what could be considered mass adoption.

buwaytress

legendary

Activity: 2758

Merit: 3408

Join the world-leading crypto sportsbook NOW!

Quote from: pereira4 on February 13, 2018, 12:41:08 PM

That is it, the internet in all it's glory, dated as old as 1973. In this historic document, you can see the entire network in a piece of paper.

Back then most people would have said it would never scale, the idea of everyone on the planet connected to the internet was absurd. Similarly, assorted scammers and short sighted morons claim Bitcoin will never scale (as they sell you some shitcoin claiming that is the one that will scale in order to steal your hard earned BTC from you).

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

A lot of other similarities actually! The media used to demonise the Internet too, saying it was a place where scammers, hackers, paedophiles and gamblers would hang out. Of course, it was probably quite true, judging from my own early experiences there, but hey, early adopters who weren't bad people weren't newsworthy.

It also reminds me of the very early people on Internet. You'd literally get people reaching out for helpful advice, technical docs, just to help a guy finding his way online - much like some of the very able users on this forum.

On scaling, Antonopoulos said in one of his lectures many years this was also a good comparison. The Internet has always been in lagging behind in scaling. And it still struggles behind the scenes... it's a perfect problem to have, if you think about it. Success breeds problems, and none come faster and stay longer than scaling!

Proton2233

sr. member

Activity: 434

Merit: 252

Quote from: jjacob on February 13, 2018, 02:46:23 PM

Quote from: pereira4 on February 13, 2018, 12:41:08 PM

That is it, the internet in all it's glory, dated as old as 1973. In this historic document, you can see the entire network in a piece of paper.

Back then most people would have said it would never scale, the idea of everyone on the planet connected to the internet was absurd. Similarly, assorted scammers and short sighted morons claim Bitcoin will never scale (as they sell you some shitcoin claiming that is the one that will scale in order to steal your hard earned BTC from you).

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

This might be true and Bitcoin might scale to become the preferred currency of choice in the future. But this doesn't tell us that Bitcoin will be worth millions. The internet might be ubiquitous today, but those who were on the internet in 1973 aren't billionaires now. Those who are billionaires are the ones who built second generation applications on top of the internet.

I don't agree with you. The number of computers connected to the Internet is unlimited. For this reason, everyone has the ability to connect and it is cheap. Imagine a situation that in every city there is only one computer that has a network connection. How much would it cost to rent such a computer? The number of bitcoins is limited. It will be expensive.

jjacob

legendary

Activity: 1554

Merit: 1026

★Nitrogensports.eu★

Quote from: pereira4 on February 13, 2018, 12:41:08 PM

That is it, the internet in all it's glory, dated as old as 1973. In this historic document, you can see the entire network in a piece of paper.

Back then most people would have said it would never scale, the idea of everyone on the planet connected to the internet was absurd. Similarly, assorted scammers and short sighted morons claim Bitcoin will never scale (as they sell you some shitcoin claiming that is the one that will scale in order to steal your hard earned BTC from you).

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

This might be true and Bitcoin might scale to become the preferred currency of choice in the future. But this doesn't tell us that Bitcoin will be worth millions. The internet might be ubiquitous today, but those who were on the internet in 1973 aren't billionaires now. Those who are billionaires are the ones who built second generation applications on top of the internet.

Hydrogen

legendary

Activity: 2562

Merit: 1441

Quote from: pereira4 on February 13, 2018, 12:41:08 PM

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

I can imagine bitcoin scaling. Wink

Its not a pretty sight.

The way I expect bitcoin to scale (see: eventually) is for random altcoins to be spammed to infinity until we wake up one day and there is sufficient alt bandwidth to cover whatever transaction bandwidth deficit bitcoin is subject to. If that day ever comes, hopefully we can play it off as if we had planned things out that way all along. "Just as planned by the greatest minds crypto has to offer."

Thanks for posting that ARPA network diagram & trying to make a positive post in this section. Maybe I should try to do that more often.

pereira4

legendary

Activity: 1610

Merit: 1183

Quote from: fiulpro on February 13, 2018, 12:51:17 PM

Well that's a really cool perspective you have got there 😄
It really made everyone's heart a little lighter.
There only thing that concerns me is acceptance '
Acceptance by the people , by the government , by everyone else around .. so that it can gain the momentum and the popularity it deserves.
We need to do our bit to...make this happen...
Aware everyone around us .. so that.. it can go.. amazingly smooth.

There are only two outcomes:

1) Most of the big governments out there ban it, which means Bitcoin would remain as a pretty underground phenomenon. This does NOT mean it cannot reach $1,000,000+. Since if government X bans it, government Y benefits from not banning it as Bitcoin holders would go there to establish their real estate diversifications and other, thus paying taxes there.

2) There is no ban and it naturally becomes huge.

Underground or not, Bitcoin will be big, very big in the futures, irrespective of what governments say about it.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: trecore4 on February 13, 2018, 12:55:38 PM

Considering that fact I am sure that bitcoin will also rise like this one day, developers altogether will make whole new revolution in the world. They will show how block chain is far better protocol than things like internet where it can actually grow. Shocked

Although I too believe that the blockchain as technology is going to be the revolutionary standard, that still doesn't mean that Bitcoin will actually benefit from that forward moving development. In most cases governments and other parties are interested only in their own centralized version of the blockchain, and thus not Bitcoin's blockchain. It however might result in a more open minded field in the very long term when it comes to our current crypto currencies. The more open minded the environment is, the more likely it is that Bitcoin & Co will continue to gain ground, based on a higher level of adoption being the result of that.

trecore4

sr. member

Activity: 658

Merit: 260

CryptoTalk.Org - Get Paid for every Post!

This is pretty interesting share that you have made here. I liked the idea how you compared the internet scale up issue with the bitcoin scale up issue. Yes, this comparison was just perfect and we will rise in the bitcoin scale up surely. I mean look at the protocols of the internet on one piece of paper which is now very complex idea and has grown from scratch up to the level of satellite and space shuttles roaming around the universe! I mean internet is now has surpassed the galaxies we can say! Cool

Considering that fact I am sure that bitcoin will also rise like this one day, developers altogether will make whole new revolution in the world. They will show how block chain is far better protocol than things like internet where it can actually grow. Shocked

STT

legendary

Activity: 3878

Merit: 1411

Leading Crypto Sports Betting & Casino Platform

Interesting picture but I dont think Bitcoin is the basis for allowing other forms of crypto currency, its not a gateway like TCP/IP is. Other standards can exist and replace it, I consider it far more competitive a situation then that.
We can be very positive and say Bitcoin will be developed so that it always is the best protocol to use but theres a long way to go for it to succeed in describing all possible human use. I would have preferred if BTC allowed side chains and coloured coins to exist within its confirmation process, greater innovation and openness instead they exist outside and separately and various standards are only linked by fairly manual central exchanges though attempts have been made otherwise.

I would guess BTC protocol is more like HTTP in your example with SMTP and all sorts also in transmission.

ivanst776

legendary

Activity: 1540

Merit: 1003

Quote from: pereira4 on February 13, 2018, 12:41:08 PM

That is it, the internet in all it's glory, dated as old as 1973. In this historic document, you can see the entire network in a piece of paper.

Back then most people would have said it would never scale, the idea of everyone on the planet connected to the internet was absurd. Similarly, assorted scammers and short sighted morons claim Bitcoin will never scale (as they sell you some shitcoin claiming that is the one that will scale in order to steal your hard earned BTC from you).

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

Quote from: pereira4 on February 13, 2018, 12:41:08 PM

That is it, the internet in all it's glory, dated as old as 1973. In this historic document, you can see the entire network in a piece of paper.

Back then most people would have said it would never scale, the idea of everyone on the planet connected to the internet was absurd. Similarly, assorted scammers and short sighted morons claim Bitcoin will never scale (as they sell you some shitcoin claiming that is the one that will scale in order to steal your hard earned BTC from you).

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

I love the statement, but please let not be bitcoin like this.
why? yes, the internet is good but that time we can call him as a legend and there is no internet like that now. we are on a rocket on connection now.
those connections were brilliant and i can tell myself WOW THANK YOU.
but now hell no! leave the rest to history and i dont want bitcoin be like that
lets go with NOKIA AND BLACKBERRY, they are monsters before but look now! where are they? please not on bitcoin!

fiulpro

hero member

Activity: 1862

Merit: 830

Well that's a really cool perspective you have got there 😄
It really made everyone's heart a little lighter.
There only thing that concerns me is acceptance '
Acceptance by the people , by the government , by everyone else around .. so that it can gain the momentum and the popularity it deserves.
We need to do our bit to...make this happen...
Aware everyone around us .. so that.. it can go.. amazingly smooth.

pereira4

legendary

Activity: 1610

Merit: 1183

That is it, the internet in all it's glory, dated as old as 1973. In this historic document, you can see the entire network in a piece of paper.

Back then most people would have said it would never scale, the idea of everyone on the planet connected to the internet was absurd. Similarly, assorted scammers and short sighted morons claim Bitcoin will never scale (as they sell you some shitcoin claiming that is the one that will scale in order to steal your hard earned BTC from you).

Just put things into perspective. This is a long term race. Bitcoin protocol is TCP/IP, secondary layers like LN are HTTPS. We will scale and and we will be all over the world. Beware of scammers claiming otherwise, specially when they sell you some altcoin.

Topic: Map of the internet in 1973, or why Bitcoin will be worth $millions (Read 200 times)