The Man Who Saw Tomorrow - page 2. | Bitcointalksearch.org

Doan9269

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Quote from: alastantiger on May 11, 2023, 05:38:49 PM

After Nostradamus, I would say that Satoshi is another man who saw the future. For instance, he predicted what is currently happening with bitcoin transactions many years ago. This is a quote I found on the forum.

Quote

"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi

True to it, bitcoin is not yet 20 years old, and we are already seeing very large transaction volumes that are taking almost forever to get to the recipients. We don't know when this will end or how it will end, but we are sure that whenever it ends, bitcoin will still be standing. What are the other predictions that Satoshi has made that are happening now, have happened, or are yet to happen?

Satoshi is being passionate in what he does and this begins when he first have the interest of the world to himself in seing a better financial situation than we've been having, he knew that risk he was taking in making a serious research and findings in other to get bitcoin invented, he also knew about the risk involved upon this research work he embarked to be either successful or failure, but here's the results of what he had done 14 years baxk and still counting as a lifetime achievement and it turned to a success we all have today with bitcoin.

Frankolala

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Satoshi wasn't specific with his decision on bitcoin survival,he only came up with two possible outcome of bitcoin. According to his statement, it is either bitcoin will grow high in its adoption in 20yrs time or bitcoin will be no more in 20yrs time.

But from the look of things one of this phrase must come to past,which is the positive side of his prediction that has come to past even though it is not up to 20yrs. The decentralized aspect of bitcoin, resistance to inflation,,seen as a store of value,bitcoin halving and limited supply has sustained bitcoin all the way from 2009 till date. No matter whatever challenges that has been brought on bitcoin through the economy or the government, Bitcoin adoption will still keep on increasing.

Plaguedeath

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That's because Bitcoin is the most unique coin and completely different than fiat.

Bitcoin is decentralized, transparent, limited supply, secure, deflationary and borderless transaction.

While fiat is centralized, not transparent, unlimited supply, not that secure, inflationary and not borderless transaction because it's need a help of other service.

So it's either most of country will ban Bitcoin which could make the volume is small or most of country don't really care and let their citizens to choose, this will make the adoption high due to that uniqueness.

Don Pedro Dinero

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Well, I don't think Satoshi had anything like the Ordinals in mind, but it's clear that he was a genius with a great vision for the future. It's just that it's very difficult when you invent something that after 20 years it's exactly the way you planned it. I don't think that when he created bitcoin he was thinking of the many people who buy it on Coinbase, for example.

Quote from: alastantiger on May 11, 2023, 05:38:49 PM

Quote

"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi

The quote says something logical: that in 20 years bitcoin would have either triumphed or gone to shit. With that date not far off, it is clear that it is succeeding more than anything else.

dzungmobile

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Quote from: alastantiger on May 11, 2023, 05:38:49 PM

After Nostradamus, I would say that Satoshi is another man who saw the future. For instance, he predicted what is currently happening with bitcoin transactions many years ago. This is a quote I found on the forum.

Quote

"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi

It is an interesting quote but it does not support your intention to show that Satoshi Nakamoto saw the future.

His quoted post only writes about two scenarios for Bitcoin, massive success or completely failure. Anyone can predict future this way. Cheesy

mk4

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Quote from: alastantiger on May 11, 2023, 05:38:49 PM

True to it, bitcoin is not yet 20 years old, and we are already seeing very large transaction volumes that are taking almost forever to get to the recipients.

To be fair — we have no idea on what Satoshi meant by "large transaction volume", as what "large" means can be quite subjective.

KingsDen

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Quote from: alastantiger on May 11, 2023, 05:38:49 PM

After Nostradamus, I would say that Satoshi is another man who saw the future. For instance, he predicted what is currently happening with bitcoin transactions many years ago. This is a quote I found on the forum.

Quote

"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi

Satoshi didn't see any future here. Infact he didn't make any prediction. He just said something from the both side of the coin. So, if it is not this, it must be that.
It is just like telling you that in 100yrs time, the price of bitcoin will be very high or there will not be bitcoin.

The person I will give this credit is Caveden who said his opinion in a post made by Jeff far back 2010 about block limit increase. See what he said

Quote

I think we should schedule a large increase in the block size limit right now while the protocol rules are easier to change. Maybe even schedule an infinite series of increases, as we can't really predict how many transactions there will be 50 years from now.

Odusko

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If you have taken the time to study the entire Bitcoin white paper, you will be well informed about several events both present and future events as it has to do with Bitcoin and its existence and unique nature, this is why we must be at peace at all time when some events take place with bitcoin and it network because satoshi nakamoto took the time to explain and outline all the features of the coin and the challenges it may meet as it grow and the pattern to solving those challenges.
E.g the current state of things with the transaction volume, and fees occasioned by network congestion, this is not the first time similar problems are faced in the Bitcoin blockchain and even though this was included in the whitepaper also, truly satoshi saw the future and he made adequate preparation for them to help keep the network running without interruption.

alastantiger

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After Nostradamus, I would say that Satoshi is another man who saw the future. For instance, he predicted what is currently happening with bitcoin transactions many years ago. This is a quote I found on the forum.

Quote

"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi

True to it, bitcoin is not yet 20 years old, and we are already seeing very large transaction volumes that are taking almost forever to get to the recipients. We don't know when this will end or how it will end, but we are sure that whenever it ends, bitcoin will still be standing. What are the other predictions that Satoshi has made that are happening now, have happened, or are yet to happen?

Topic: The Man Who Saw Tomorrow - page 2. (Read 264 times)