Well I meet the video half way in time.
In 1997 I recall connecting to the Internet when travelling in Europe using a rotary phone connection, once I figured out how to tell Windows 95 to dial the modem with "pulse" in order to be compatible with the hotel's phone system that dated from the 1940s
Once connected the Internet experience was very much like today only slower. The modem connection on the other hand was very much as in the video.
Edit: I recall the connection speed was 33kb/s. In one hour this would allow for 14.8 MB of Internet traffic, which even after allowing say 10% for overhead is more than enough to support a full Bitcoin node after doubling the blocksize limit!
Topic: News Coverage of the Internet in 1981... (Read 2200 times)
only 1 and half more hours before i can download the whole .txt file!
lol. those were the days. the anticipation .... that was the fun part
kidz these days don't get that, just instant gratification, no fun at all in thatYeah nothing is valued because there's too much choice
only 1 and half more hours before i can download the whole .txt file!
lol. those were the days. the anticipation .... that was the fun part
kidz these days don't get that, just instant gratification, no fun at all in that 
Podcast like this will go down in history someday:
Gavin Andresen April 2011 - Bitcoins only .90 cents!
http://www.econtalk.org/archives/2011/04/andresen_on_bit.html
Gavin Andresen April 2011 - Bitcoins only .90 cents!
http://www.econtalk.org/archives/2011/04/andresen_on_bit.html
Imagine today, it would be "Owns bitcoins" 
"Richard Halloran: Owns Home Computer"
http://s-usih.org/2009/05/richard-halloran.html
http://s-usih.org/2009/05/richard-halloran.html
Lmao respect the dead
Wow, it just hit me that 1981 was more than 30 years ago!! Wdh?
http://static2.fjcdn.com/thumbnails/comments/I+cant+wait+to+use+this+one+_228e31aa0ec8a039627ad7d1d2a0134b.png
only 1 and half more hours before i can download the whole .txt file!
Lmao respect the dead
Lol. Somehow that part make me burst out laughing too.
I love the qualification of the interviewee, "owns home computer" 
And he's got an acoustic coupler, too
edit: guess I still don't understand the image proxy
edit2: okay, I screwed up...
And he's got an acoustic coupler, too
edit: guess I still don't understand the image proxy
edit2: okay, I screwed up...
Real sports
Definitely interesting to see how they thought about the internet back then. Although I don't agree that bitcoin is going to revolutionize the world as the internet has done. If that's the point you're trying to make.
In its essence bitcoin or cryptocurrencies in general are still a part of the internet and that is why internet is still much more innovative and revolutionizing.
In its essence bitcoin or cryptocurrencies in general are still a part of the internet and that is why internet is still much more innovative and revolutionizing.
Reducing friction and increasing the velocity of monetary transactions should stir the pot pretty well though.
Think about confirmation times compared to ACH transfers. When I pay someone via Paypal, that money is locked up for 4-6 *days*.
If I make a payment with Bitcoin, that money is only locked up for about an hour. This could lead to compression in spending behavior. Economic cycles that previously took days could be completed in hours.
No one knows what sort of impact that will have, but I'd say it qualifies as potentially revolutionary.
This is funny at the end http://m.wimp.com/madguy/
Thanks bitpop - that's crazy funny how they go at it like little bitches
Real sports
This is funny at the end http://m.wimp.com/madguy/
+1
This made me appreciate our todays everyday technology so much
This is funny at the end http://m.wimp.com/madguy/
It could be Bitcoin can revolutionize the Internet itself. Think about how free exchange is the essence of the Internet, which is also the essence of Bitcoin. And not just "money" - do some research on the bitcoin protocol, you will find it can be used in many wonderful ways.
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