Topic: Old Hacker news discussion about Bitcoin (Read 404 times)
The first reply was relly nice to here especially these days. Those early non-believers of bitcoin might be bitcoin holders already as sokn as they saw the rise of bitcoin. And those early believers might be millionaire or billionaire already. Though, it's not too late to earn bigger profit here. Year 2019 is on the bullish period as of now.
Lol that first one though.
It was never hard for me to understand instead, it was exciting and a whole new world to explore. It still is and there is so much more for me to explore. I thought the idea of digital currency was just a matter of time and the first time I really thought of it was in an animated tv series called Batman of the future. The paid with credits that were digital and subtracted from a card they swiped. Very cool to see a few years later something very similar was born and that was bitcoin.
Found some replies regarding bitcoin in the old hacker news websites. You just have to to look at the first reply and see how 'ignorant' people are back in the early days. 
. We can't blame them though, we haven't seen this kind of technology before, so it's understandable that people will question its intention and the impact it could 'potentially' bring to the world.
Those are genuine questions that anyone will have before the entire market blasted through the roof, how will you understand something like this could ever happen until it starts functioning and it was really hard for anyone to understand during that time to know what it mean by a currency without the support of any government, so those responses are genuine to the core as everyone had those questions when you first heard about a decentralized currency.. We can't blame them though, we haven't seen this kind of technology before, so it's understandable that people will question its intention and the impact it could 'potentially' bring to the world.It was never hard for me to understand instead, it was exciting and a whole new world to explore. It still is and there is so much more for me to explore. I thought the idea of digital currency was just a matter of time and the first time I really thought of it was in an animated tv series called Batman of the future. The paid with credits that were digital and subtracted from a card they swiped. Very cool to see a few years later something very similar was born and that was bitcoin.
Found some replies regarding bitcoin in the old hacker news websites. You just have to to look at the first reply and see how 'ignorant' people are back in the early days. . We can't blame them though, we haven't seen this kind of technology before, so it's understandable that people will question its intention and the impact it could 'potentially' bring to the world.
Those are genuine questions that anyone will have before the entire market blasted through the roof, how will you understand something like this could ever happen until it starts functioning and it was really hard for anyone to understand during that time to know what it mean by a currency without the support of any government, so those responses are genuine to the core as everyone had those questions when you first heard about a decentralized currency. . We can't blame them though, we haven't seen this kind of technology before, so it's understandable that people will question its intention and the impact it could 'potentially' bring to the world.
Yep, just as I expected: full of skepticism due to the fact that the idea of an independent, decentralized currency away from a governing authority is mostly unheard of. While digital currencies aren't a new concept per se, only a few people believed in it, and take note that during the inception of bitcoin in 2009 right after the recession, many are just believing that new things popping left and right are basically money-grab opportunities. Fast forward 10 years and look, a lot of people are already using the said currency which, at first, was resented with heavy criticism.
Well, hearing out the idea would make you skeptic and negative about it and that's a pretty normal reaction for someone who haven't looked at the potential.
Where that guy could be right now?
Good question, maybe that individual is still leaving under the mom's basement and banging his computer screen for ridiculing bitcoin. Where that guy could be right now?
. But seriously, who wouldn't have thought that after 10 years, bitcoin still lives and the price could go as high as $20k a pop in 2017. At least he's looking to bitcoin now the idea that he mocked before is now skyrocketing.
Many people in the world today while being aware of what bitcoin is, living in the world of digitization are still ignorant about using bitcoin.
The main reason for this is negative views about bitcoin on the internet which leads to lower adoption. People portray bitcoin as a scam coin, bubble, illegal money etc..
This is why we haven't reached the point of mass adoption. It will only be possible for mass adoption when people start believing it and accepting it as legal money.
The main reason for this is negative views about bitcoin on the internet which leads to lower adoption. People portray bitcoin as a scam coin, bubble, illegal money etc..
This is why we haven't reached the point of mass adoption. It will only be possible for mass adoption when people start believing it and accepting it as legal money.
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Found some replies regarding bitcoin in the old hacker news websites. You just have to to look at the first reply and see how 'ignorant' people are back in the early days. Grin. We can't blame them though, we haven't seen this kind of technology before, so it's understandable that people will question its intention and the impact it could 'potentially' bring to the world.
I think ignorant is not the right term because on those days there were limited information on bitcoin and people then were getting hard to understand what is cryptocurrency. This is just a progression of change and when you introduce something new people will doubt it, of course because the move is pioneering and they don't have a successful model that they can easily relate. Maybe if we were privileged to be part of the few in those times witnessing the rise of bitcoin and without the capacity to predict the future, I am sure that many of us would not also bet on bitcoin.
A lot of people got arrested for creating their own currencies back in the day, so some pessisim should have been expected. So, be honest.. would you have reacted any different if it was you back then? 
No, on that time I would think it was just an internal currency to be used by internet forum members, secret societies and virtual antisocial young groups. How could people know bitcoin would be adopted by big investors and speculators on the next years?I think that was the secret of success for bitcoin: it started without much noise, without awakening the attention of banks and governments, otherwise bitcoin could be destroyed on its beginning.
Well, hearing out the idea would make you skeptic and negative about it and that's a pretty normal reaction for someone who haven't looked at the potential.
not necessarily this case but generally speaking skepticism is not the same as negativity. you have to be skeptic about new things you see, specially when you see something like that which may have looked like money out of thin air on the internet at first look. but automatically being negative is to be extreme and that is only the case with naive people who jump to conclusion without research. and in some cases with those who want to spread FUD.
Back on those days people were skeptical about the idea of bitcoin since a new technology. However, people who have taken thw risk to embrace the innovation were those who really benefitted it. Bitcoin had come so far and improved a lot since the day it was created. I think what is posted there is not ignorance.
the internet is filled with naysayers specially when it comes to new things that scares them because of being new!! you didn't have to go that far to find such cases though, this forum is filled with examples too and this is a "bitcoin" forum not an off topic matter. just go to old pages of this board or speculation board and you will find them...
Very true. But at least joining in this forum is a good start for them to look at crypto in a different perspective. Only a matter of time, these noobs will become a true crypto enthusiast. At one point in our lives, we started from that notion also. It is not the case that we fully embrace crypto the first day that we hear about bitcoin or crypto, right? So give those people a break and let them truly understand crypto on their own way at their own pace.
Like the OP said before, we cannot blame them because they don't know about bitcoin at all, and they are not reading the purposes behind of bitcoin itself.
They don't follow the bitcoin journey from time to time, they keep busy with what they did and not trying to explore what is happening in out there and that makes them cannot accept new information in around them.
That will always happen to them especially if they cannot open their mind with something new, especially in the technology development because the world will change with much new technology that will help humankind to live their life.
They don't follow the bitcoin journey from time to time, they keep busy with what they did and not trying to explore what is happening in out there and that makes them cannot accept new information in around them.
That will always happen to them especially if they cannot open their mind with something new, especially in the technology development because the world will change with much new technology that will help humankind to live their life.
They may sound skeptical or curious but we can understand that because we are just like that if we know nothing of a new project.
Critics are always there when we don't know what its capable of but look at Bitcoin today, i never imagine them not investing in it these days.
Critics are always there when we don't know what its capable of but look at Bitcoin today, i never imagine them not investing in it these days.
I think the most interesting archival conversations are on the cryptography mailing list where Satoshi first launched it. The people on there had been working towards something like Bitcoin for a couple of decades. There it was popped out of nowhere yet most other than Hal Finney were full 'meh'.
I read about it in 2009. The geezer writing about it insisted it was going to change the world. I nodded vaguely and forgot about it until 2013.
I read about it in 2009. The geezer writing about it insisted it was going to change the world. I nodded vaguely and forgot about it until 2013.
These are two types of people's reaction about Bitcoin before and this will define if they're successful now or not.
We can't blame those who people who were doubting about Bitcoin before, even if we don't admit it, we had that kind of reactions before as well.
But Bitcoin proved us that it could develop to a great digital currency which exceeds beyond all our expectations.
We can't blame those who people who were doubting about Bitcoin before, even if we don't admit it, we had that kind of reactions before as well.
But Bitcoin proved us that it could develop to a great digital currency which exceeds beyond all our expectations.
We can't blame them though, we haven't seen this kind of technology before, so it's understandable that people will question its intention and the impact it could 'potentially' bring to the world.
I thought there are a couple of digital currencies made before bitcoin right? They are a failure though so I think this is the reason why they are saying that. The technology of bitcoin is the reason why it became a success as a crypto currency, the blockchain. I think it is better to not suspect things without even knowing it carefully.
Well, hearing out the idea would make you skeptic and negative about it and that's a pretty normal reaction for someone who haven't looked at the potential.
Close minded people maybe. They are keptical about anything that doesn't fit in their ideal world, and we have seen how gold bugs still can't fathom the idea of why Bitcoin can and already works as gold.I have always been open to changes and improvements, and this is how it should be. I immediately saw value in Bitcoin because of how it allowed me to store value outside the legacy banking system that's corrupted to its core.
Gold allows you to do the same, but it lags behind in almost every possible way when you put it against Bitcoin. Bitcoin picks up where gold stopped providing usefulness as money in the current digital age.
yah! those were the dark times for bitcoin. I first saw the coin in 2011 and by that time it has actually grown pretty popular (at least I saw it first on discovery channel). I don't think there was anything which me(14year old boy) hated about this new system. I found the concept very amazing and when the host said how he lost his coins because he lost his private keys I know exactly what level of security it is (but I don't know how cryptography works at that time).
Well you know what level of security it is when you see someone (a few months ago) inside this forum sharing all the infos he still could remember to a lost wallet with over 100 BTCs stored.. he was offering a 10% to who could help him to recover his private key
yah! those were the dark times for bitcoin. I first saw the coin in 2011 and by that time it has actually grown pretty popular (at least I saw it first on discovery channel). I don't think there was anything which me(14year old boy) hated about this new system. I found the concept very amazing and when the host said how he lost his coins because he lost his private keys I know exactly what level of security it is (but I don't know how cryptography works at that time).
Why back in the days, Presently 70 percent of the world still believes that. This is after knowing about Bitcoin. I had asked one of my friend few days back about investing in Bitcoin and the answer that I got was the same. There is still lot to be done for mass adoption. I can see many new initiative but still it is not enough.
What can we do to make other understand Bitcoin?
What can we do to make other understand Bitcoin?
i think this process will be more organic than people think. people didn't particularly "understand" the internet either but it's completely revolutionized the way they interact with the world now.
"the masses" will be the last on board with bitcoin---they are always late to the party. the price will be driven orders of magnitude higher than now before the masses catch on.
i'm not worried about getting regular people to understand bitcoin. they'll be swept along into late adoption just like they were with smartphones/apps in the internet example.
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