Topic: Times Change! (Read 329 times)

Yes, many people don't know how it work when it was newly created by Satoshi until they begin to do more research to know more about decentralized currency and how someone can use it to change his business positively in the community. Those countries that rejected bitcoin from their country some years ago came to discovered how other countries are using it to change their economy and to reduced inflation in their country. More than 10 years bitcoin still eliminating errors and reducing unemployment in the world.

I can imagine. It would mean that bitcoin would be 1+ million dollars each, there would be a lot more places that accept bitcoin. There would be payment processors, like bitpay type of places but global scale with a ton more work and a lot easier.

There would be apps that you use, from your mobile phone, where you pay for something by reading QR code that the business shows you. Which I do not think that would be any different than using a card and a POS machine, so that would be possible. We also need to make sure that blockchain tech is a lot better, because we are paying too much for transactions right now and it should be a lot easier to accept these payments without charging too much.

This I believe time has changed with it and maybe the church pastor has also discovered that television guide or restrictions for channels to watch and parental control is in there. They may have seen that even remote controls have give access to control of what kids watch because they fear children can go to stations not good for their age. If they use television now it is for the religious program maybe but change comes in different parts of our lives.

Human being use to find it difficult to welcome anything they don't understand. Especially technology, every technology use to suffer many setback and difficulty in the beginning stage. I have a similar story like the bitcoin and Wikipedia.

One church in my country Nigeria, prohibited their members from watching television when television was new in the country. The pastor of the church said television was demonic. But today, the same church uses television to broadcast to the whole world.

Nokia and blackberry had their own OS and was actually competing with android, but they just can't beat android's technological innovations.
The number of people who believe in Bitcoin today is not half the total population globally yet, so we can't also say that many people have been into Bitcoin now. However, Bitcoin's adoption is gradually increasing as well as it's value.

time goes on, time continues to change and development continues to innovate, I remember that there was only a small number of people who believed in bitcoin and including me who did not believe in bitcoin. Now I realize if we can't keep up with the changes then we will be left behind by the times. perhaps the most popular example that ever happened, when nokia and blackberry did not keep up with technological developments now they are bankrupt. And I think bitcoin in the future will be something bigger than it is now, only time will tell

This story is very inspiring and expresses the success of Bitcoin, this story and the idea of it reminds me of the saying of the Bible: “The stone that the builders rejected has become the head of the corner.” I think this is what will happen now because the Bitcoin that was rejected by everyone at one time and described as a fraud has become everyone Recognizing its importance and its power and will one day become the cornerstone of the new economic financial system, this is a powerful lesson for governments and for all those who have rejected Bitcoin so far so that they do not miss the train of evolution.

That's normal for something new, we are scared of it because we don't know how it works and how to operate it so it's understandable what Wikipedia did at that time, they believe that there's risk involved in bitcoin so they refrain from advertising it or having a dedicated page so as to prevent people getting scammed which is at that time was prevalent with bitcoin as a medium. Also, there's nothing wrong with Wikipedia asking for donations, they're the modern day Library of Alexandria and a few donations is what's been keeping it afloat all this time.

People tend to embrace success so you wouldn't really see Wikipedia as an exemption. This is a big lesson passed on. Many projects similar to Bitcoin failed in their early stages and many didn't really believe Bitcoin will get this massive adoption. All I'm waiting for at the time is for China to wake up to make a public announcement about them adopting Bitcoin finally this is when I would know how power this technology is o

When bitcoin was created only few people know about this and others don't believe because they don't know how it works or how to use it but together with changing technologies, people open their minds and try to adopt the new technology. After more than 10 years of existence, bitcoin now is very valuable digital asset contrary to what others think that it is a scam.

Time is the things that is not predictable and it does not have constant to be rate with, i starts this with bitcoin kind of recognition in the world, i know it's few people who is aware of the challenges Bitcoin was facing during the time it came new to the world, many countries rejected it, even kick people who is interesting about bitcoin to be in a neutral ground and dislike Bitcoin, but today Bitcoin is something that is dominating the nations, so it's time changes

This really made a lot of sense, because if they supported Bitcoin back then I believe that so many people who are Bitcoinists would have donated so many to them as a way to also show support and reward them for the support that they are showing to the Bitcoin community. But, since they have decided not to do that and ended up calling it a scam, then they got what they deserved.

I know that by now they would be wishing that they accepted Bitcoin then, because the amount they would have gotten from then till now could have been worth millions of dollars like you said.

Wikipedia is a platform that was created for learning, so it was up to them, the team, to do a proper research and know what Bitcoin is all about, and then it is also their responsibility to write a content that would clearly explain what Bitcoin is all about to the people who come to their website to seek for answers.

But, instead they chose to misunderstand it, and wrote it off as a scam because of what majority of the people were saying back then. And even then there were still people who were making use of Bitcoin and they invested in it, I think those people should have been enough reason for them to question whether they made the right choice or not.

Wikipedia accepts Bitcoin donations since 2014.

Thus, this thread is pointless.

Edit: In addition, I've investigated the wikipedia deletion a bit: the article was not deleted because Bitcoin had been described as a "scam", but because the article was simply of poor quality, and had no notable sources attached (which is a policy of Wikipedia). The article was then improved still in the same year, and since December 2010 it is again part of Wikipedia. I clarify that I've looked at the English version.

You would really be counting those imaginable numbers that you might able to profit out if you have just able to invest earlier but as said past is past and nothing could be done but doesnt mean that it is already too late for us to invest even though we cant get 2-3x easily with bitcoin investment but we know that there are altcoins out there which we could utilize those even though the assurance wouldnt really be that high because it would be always basing up with the potential of a certain project.

Normal thoughts for people to regret on the decision they made from the past since they actually counting the figures of profit they can possibly get if they didn't have any doubt on bitcoin, Although there's no turning back on all those things still we had something to hold on that there are more great things to happen so for sure those people who doubt about it will think about adopting while the market is still have potential to grow.

The heart of human beings is full of doubts. Before a human being would accept something wholeheartedly, you have to clear his conscience beyond every doubt. That's what happened to Wikipedia by then. Nobody to break down to them what bitcoin represents, and the purpose behind bitcoin creation.
I think by then Wikipedia don't believe in bitcoin because of the nature of its "digital currency". They want to be 100% sure about bitcoin before advising humanity to widely accept it

There's no turning back and time couldnt really be going back and past is past and regrets would really be there which every people who would really be having the same thoughts
in mind on which if they had known earlier then they would do the same thing but since we dont know on what would happen in the future then these kind of impressions
wouldnt really be surprising even us ordinary people would really be having those common thoughts.

There are really lots of the same regrets for those who missed the chance of buying or receiving Bitcoin back then but that's just part of the history's opportunity that we have missed. Wikipedia didn't even know that Bitcoin would evolve into a giant currency as it is right now. If we only know back then that Bitcoin would be this valuable, I'm sure that lots of us should have become billionaires.

Wikipedia truly messed up here as you mentioned, but majority of the world either had no idea about BTC or thought it was a scam back then which is why their viewpoint doesn't necessarily surprise me at all.

Very few believed in BTC and cryptocurrencies back then and those numbers rose over time as the market cap kept growing and this pattern will never change in my opinion.

About your story OP, why would I throw out the akidi when it's bean that's not even common, I'm just hearing the name for the first time and I believe what will come to mind is how rare akidi is lol what a woman.

Bitcoin has proven it's worth that's why we are all here today, see every new technology have to face the same thing until it manages to confuse the world, there are few techs before bitcoin that failed years later so it's normal to call BTC scam when it was new.

If information is only were going to talk about I think its not a valid excuse to say that there is less information before but they are just lazy. When bitcoin came out I do not think it did not come with the whitepaper and other documents to know if what is its use case and we also have our forum bitcointalk which already established after bitcoin came out.

Online scams were not new but in the beginning of the internet, they already existed. They should not suspected bitcoin too early or shall I say they should not judge the book by its cover. Times change and so as people. Bitcoin haters before are now bitcoin lovers but I believe they are guilty and have regrets from what they have done with bitcoin in the past. 

This kind of news shows how time changes, it shows that bitcoin is now step by step are accepted by the people and establishments, it shows that step by step slowly but surely bitcoin will be adopted by everyone. Actually, this is just a common approach of every people or establishments in bitcoin in the past 5-10 years but now look how far bitcoin have come, from a platform tagged as scam to a platform that proves the profitability and worth to the people without.

Of course, at that time bitcoin does not know too much and just keep ignoring only a few people left and trust the potential of this coin. Imagine if the wiki support the use of the bitcoin they are now like suffering with their website also the wiki now is not a reliable source its open for public to make an edit.  It is now like a hoax before and history today imagine the bitcoin now.

It's really a usual and common approach before that Bitcoin is creating doubts, uncertainty, and fears. I also don't blame those big companies or individuals thinking Bitcoin is a scam because that's their own view and we can't control it.

As Bitcoin progresses and as time passes by, those who think that Bitcoin is sh*t are now realizing the key fundamentals of the coin. Others even become well-knowledge compared to those who are already in the crypto-world for a long.

The bottom line, without Bitcoin being treated as a scam before, it contributed to the strong foundation built by the community. Let's thank that negativity as it results in much more positivity towards Bitcoin as a whole.

Many things change every year, moreover, if we are looking at how the Bitcoin at that time and also right now.
We also know that everyone can also make and edit the artciles on wikipedia.

So, this is not surprising anymore if nowadays, they precisely use Bitcoin for donations. Well, interesting.
Thi sis not about trusting or not the donation, but this is about how life is always changing. The struggle of Bitcoin and cryptocurrency to be accepted in this world is very hard. Today, there are still many parties that hate Bitcoin and the crypto industry.
But let's see what will happen in some next years later.

Would really be just normal for services or any companies or individuals on having these kind of impressions at first because no one really believes excluding to those who do believe into its potential.

Time change and it is really normal that they would really be changing up their views specially now on how Bitcoin did really make out some significant rise in terms of recognition and attention/popularity.Wont really be surprising that there would be lots of reconsiderations later on or upcoming years to come.

You can argue is a case of fake it until you make it. As contradictory as it may seem, wikipedia may be right in both instances. There was a time in the past in which bitcoin could be called a scam and there were some good reasons such as insufficient adoption, untested software and mechanics,... fortunately that has change and it is great to know that WP accepts donations in bitcoin, altough I am not sure how many will get after calling it a scam.

Now when you go to Wikipedia you will find the article regarding bitcoins here : https://www.google.com/url?sa=t&source=web&rct=j&url=https://en.m.wikipedia.org/wiki/Bitcoin&ved=2ahUKEwi258-CpvP1AhVIgFwKHckiDAUQFnoECAMQAQ&usg=AOvVaw0YJAdLwD_2yNw5cuP6l0kX
At the same time this is not the sole article there you can often go and explore about the cryptocurrencies and other things. The p2p network, the history and it's all in there, there are many people who are contributing to the same as well. This is an example of what's happening in most countries as well, at first they were not so keen on accepting bitcoins and other cryptocurrencies and now they want to own their own central bank digital currencies and are legalizing bitcoins, putting taxes on it.

I think it's not far when bitcoins will be integrated with the economy tightly and the government would have to accept and understand that way better than they do now.

Probably they themselves initially authored it, I don't think there's a particular name out there.
What am thinking happened is probably they authored the bitcoin page, but lost faith and deleted it after they probably saw several reviews online with many people believing bitcoin is a scam, they didn't want to associate themselves with the supposed scam so they deleted it.
But like i said in my post, if only they held unto their faith or probably ignored what people were saying, but then, we can't really blame them, alot of us here made same mistake, I believe alot of us here today came across bitcoin in its very early stage but due to one reason or the other, we didn't take advantage of it, today it's part of our regret.

What's wrong with it though? Can we not learn from our mistakes and can't they grow up as a platform? I don't think it's not worth ridiculing it or anything like that, bitcoin was the first of it's kind so it's going to definitely get some kind of problem with some people and Wikipedia at that time has a right to believe what they think bitcoin was. Plus, it's a donation, it's not mandatory to pay them in bitcoin and Wikipedia is crowdfunded so they will accept anything just to keep the site alive.

It's too pretty to be true!
That many were against bitcoin it was(is) a new system and as a system that brings change there is always the normal reaction to reject and ban. You have to be a little flexible in that thought, that will bring patience in the change process in which bitcoin, as it happens today, is a "currency" or asset accepted.

We always see 2009 as the moment when change began, but the reality, I believe in my personal opinion, this change began to take shape in the 70s years, was strengthened as revolutionary thought in the 80s and continued its development until it reached its peak in the 2009.

If in more than 10 years so much progress then  these times of change are going to decrease, already in five years, the process of penetration of bitcoin in the different areas economic and social will be deeper and so on.

You have to look at this background as a reference of what is being advanced in how it is progressing and in the same example realize that being in this process today as bitcoin users is part of a change, the context of the OP is an example.

Yes, time change. The first time bitcoin launch, no one have interest with bitcoin and only some people gather in one place and discuss about bitcoin. But soon after bitcoin release at the market and have a price, bitcoin attract more people to know more about bitcoin. The crypto world now evolve to bigger than before and many people now watching the bitcoin price moves while they are trying to make money from bitcoin.

In 2017-2018, bitcoin exploded and make many people out there shock seeing the price reach $20k but then, many people lose faith after seeing bitcoin price is drops to $3k. But in the last year, bitcoin show the power and start new rally and finally, we saw the new ATH at $69k. At that time, people can not believe that in 12 years ago, bitcoin is nothing but now, bitcoin is something.

Like what the user above me has said, I feel more regret with Lazlo. The guy who bought 2 pizza with 10,000 Bitcoins.
Well, nothing knew that Bitcoin will be like this right? Nobody expected that this cryptocurrency thing will be a big thing after more than a decade?

Its only a matter of trust and what you heard first in the public. If these people who labeled Bitcoin as a scam in 2010 heard that it isn't a scam first then maybe they will not treat it as a scam and vice versa. Just look at the new projects right now and how we see them. This is how people in 2010 sees Bitcoin. They see it as a scam since it is new and its nature of investors to see new project especially if there is money involved that way. Its a bit of regret but it already happened . The only thing that they will do is to move on and do something.

Many people have made that mistake not only Wikipedia. What of the guy that sold bitcoin for pizza  Today many still regret some coins that they sold off untimely and the coins now doing well. Some altcoins like Ethereum, binance, litecoin may have left the hands of people at a time they were very cheap. Facebook rejected cryptocurrency ads but won't be surprised what will happen for tomorrow. Change is that constant part of life. Yes we have to treat people better, that's the lesson.

We can't blame people to think of Bitcoin as a scam thing 12 years ago as it was their first impression and lack of support and proof of its legality. But as the moment has come that many people could prove it and makes a lot of money, they had to change and embrace the reality. it wasn't surprising anyway as surely this comes even the leaders of different countries are into that kind of speculations, and gladly, many had changed as well and give their support just like WIKIPEDIA. They'll now know that they are wrong.

It's really funny because Bitcoin has since been extensible like a protocol that has bundled together pre-existing capabilities it has along with advanced ideas and hardware to run such apps with extended protocols on top of it. People really don't know the lengths of that until they learn the capabilities of the successive releases of the software but also the innovation that sprung out from transactions on the ledger (Counterparty, Mastercoin/Omni, taproot - (combining multiple sigs into one for more privacy and using less bytes)... Seriously all of these expansions are just the tip. The real fun will be when the automated on-chain value is equivalent to its fiat price and not the aggregation of exchanges being its "price".. people will have their minds blown. I use study and read all these protocols and we have to think of Bitcoin as still being undervalued. Like said earlier people are only thinking about Bitcoin in terms of what they're used to being accepted by others as money - aka fiat. Not the people who write on forums like this with software from before I had pubic hair. But you know what I mean. Even the "price" going up - we all know there's value written into the chain from the entire history of its ledger, we know that one days the tables and fiat rates and aggregator web sites we use won't be reflective of its automatically, machine read "valuation" - much like a company's valluation when someone buys what they believe a company to be worth. Fortunately we do have digital ledgers that scientists corporations and astrophysicists can put into an AI aggregator and it can tell us without ANY latency at a certain point what the value per unit is on this technology and its extended use - we have no clue how far the reaches go but I know that we won't live in a world where we depend on supply and demand and authoritarians telling us in the media and govt what's worth what and what's not worth anything. We are the one's who realize that value has nothing to do with fiat prices in the near future. Fact is - people will be more than happy to directly accept Bitcoin for whatever you want to transact when they stop thinking they need fiat.

At the beginning of the emergence of Bitcoin, of course there were still many people who were unfamiliar with it, moreover the information was also not as much as it is today,
Bitcoin is now the king of crypto and I don't think there's any doubt about it

Acceptable, 12 years ago the real purpose of bitcoin was to pay online at low fees and also quickly, then later on it went on a bull run, and after that bitcoin became known because it is said to be used in illegal transactions on the deep web, such as buying guns and drugs, which is demoralizing because if we talk bitcoin at that time it was like illegal, but now that the price has reached another ATH, people's views of bitcoin have changed and they are eager to invest in bitcoin.

12 years ago the information about Bitcoin was still so minimal that they are very likely to think of it's like an online business (and I remember those days when a lot of things like that boomed and ended in scams.) that always ends up on a scam, nowadays they already easily know what Bitcoin is and the benefits of using and getting it, it's never too late to change if it's a good thing.

More importantly if they deleted it. Who authored the original? Anyone have a record?

Bitcoin 12 years ago was is not used widely but only to those who are really looking forward to seeing its future use. And then a few years later it was demonized as only for criminals online and gamblers. I guess Wikipedia was just not prepared to be demonized like Wikileaks.

Couldn't complain about what it could have been if they did start early but they still can start now. Times changed. We now see how important to have a currency that is not confiscatable by private companies like Paypal.

True, but we shouldn't blame them really. It was hard to believe on something that popped out suddenly as a form of currency, with what all the jargon that Wikipedia people probably didn't even know or understand about. Plus, well, they weren't alone. A lot of groups and companies probably believed it to be the same. We should be glad instead that they changed, after all, if they still refused to acknowledge Bitcoin even after all this time, then something is indeed wrong.

Not only Wikipedia, but it also seems the story is the same on Facebook, Youtube, and even Google, they banned Bitcoin before and now, they are fully accepted Bitcoin as payment or to store value.  Before only El Salvador legalized Bitcoin and now the number of Bitcoin adoption has been increased.

The good thing is they understand the technology behind Bitcoin and how it will work, and only foolish thing who think that they can ban or even think to shut down Bitcoin, but instead, adopting it and making wallets that they can regulate users are they usually do.

They learned and they understand and now they adopt bitcoin.
There are a lot of changes that happened recently, if you will listen to that news the number of countries that have been legalizing bitcoin was increased and big individual and constitutional investors have been invested in Bitcoin. The reason before they criticized Bitcoin is that it is a fraud, Ponzi scheme, or a threat to the financial system which is bad in their view.

But now, look at them, they have changed their mind and accepted bitcoin because they have already learned about it and gained knowledge which is bitcoin has been proven and tested that it can profit in a long run.

That's how people learn. It's hard to know which will bear fruit at the current time, but as long as you know what you are doing and you are not hurting anybody in what you believe in, I think you will be okay. The lost opportunity is the problem with this one, and you cannot turn back time now; all you can do is accept what happened and move on.

Is anybody else thinking the same thing about this? You cannot change the past anymore, and the only way to move forward is to acknowledge and move on.

This is something common. Rather than a lesson it is the reflection of human minds. Just think of something new into the world stating it holds value, but it can't be the same as the traditional fiat. During those days people aren't much used to technology. All were depending over the traditional fiat and gold. So, very few will be having an opposite mentality whereas the majority will point it as scam. In such a way Wikipedia have mentioned it a scam.

If things were advanced as now during the year 2010 people will be good enough to understand technology and Wikipedia might've added it to get donations. As the thread title says, it is all about the time. Advancement happens with time, and the change happens accordingly.

You got some valid points on here on which as a business or company and in the time you are dealing on something which you arent sure off and the surrounding factors do really have some negative views about it and labelling it directly as a scam then it would really be just normal that you would really be ending up on the same views or impressions which you would really be going with the flow or what the community is been talking into.
There's always a second chance though which it isnt really too late to make out some u-turns just like into those people who hadnt believed bitcoin when it was just starting.

This is for sure but we can't blame them for labeling bitcoin as a scam before. That was a year where online scams were proliferating and people were still unknown how to determine scams. That's why it's just a normal reaction for them to think of it as a scam.
Well, as they accept donation in bitcoin. There would still be people that would be glad to send them bitcoin as a donation because they've been helpful. But just like you, I'll keep my btc. 

We can't blame them because they also had the pressure surrounding them at that time. A lot were labelling bitcoin as scam even if they have no idea about it. Wiki should have just posted facts about bitcoin and what it is all about. But owed to surrounding propagandas against bitcoin, they took it down. And now, with the funny turn of events, they are now accepting bitcoin donations.

A very regrettable situation that they do have in mind as of these days or years on which if they have just accepted donation into those early times then they might be rich as of this moment
but well in facing up reality then it would neither be a sweet or a stressful one which you couldnt really make yourself get out with those regrets and disappointment.

It is really just the same into those people who had been known or aware of its existence when it doesnt almost have a value and just simply ignore it
but when the time comes then this is where regrets do starts.

But this is why it is important to remain silent if there is something we do not understand, I would not blame people for not believing in bitcoin back then or by not understanding its nature, but to call it a scam? Satoshi unlike the developers of today never made a presale of coins or anything like that, if you wanted some bitcoin you could mine it with your personal computer so it was basically being given away for free, how so could anyone say that bitcoin was a scam back then?

Yes, time change because we have seen many people or countries that rejected bitcoin some years ago and later accepted bitcoin as a decentralized currency in the world. Many people thought bitcoin will not cross 4 years old in the community before it will disappear from the community, but right now bitcoin has crossed 10 years with signs and wonders in the world economy and also to the users in the community.

Those people that rejected bitcoin will definitely accept bitcoin back right now because bitcoin is preparing to rally to $80k through out this year 2022 for many people to have a good interest on decentralized currency .

Believing in bitcoin 12 years ago would gave taken a lot as most people were vary wary of scams and also accustomed to the general way of transacting and what is accepted as money. Bitcoin is quite technically complicated and with zero or no value then, there was no incentive for anyone to actually take out their time to study.
Wikipedia and all those who wrote off bitcoin would wish they have not, but it is not too late to get in.

It might be important to note that there were no hundreds of thousands of users back then and wiki would have likely sold off long before now.

Let me tell you guys a story that relates to the picture above - -

Once upon a time, there was an old woman, one day, she was hungry and felt like eating akidi(akidi is a kind of beans but not actually like the beans we all know), she remembered she had some old akidi stored up somewhere, she located it and brought it out, behold, according to her, the akidi was too bad and can't be cooked and eaten, she called them useless threw them away inside the bush and looked for something else to eat.

The akidi which she threw away all dried up inside the bush due to the sun, eventually, the raining season came, and after a heavy downpour, the akidi began to germinate, they grew and began to bear fruits.
One day, the old woman walked by the bush and sew that behold, there were akidi plants in the bush with good ripe fruits ready to be plucked, the woman being old, could not just walk into the bush in other not to be bitten by poisonous reptiles, so, she had to look for a way to get money, so she could hire some laborers to help her clear the bushes and make the path clean enough so she could access those akidi she ones called useless and threw away., then she thought to herself, "if only I knew earlier, I would have planted this akidi around my compound, by now, I wouldn't have to go through the stress of looking for money to pay labourers to clear the Bush and make the path clean, and again, if I had planted the akidi around my compound, the akidi would have produced more for me to eat now because I would have maintained them properly right from the time they started germinating.


Lesson - if Wikipedia hadn't written off bitcoin as a scam and went ahead to accept it as a form of donation since 2010, alot of people would have donated hundreds of thousands of bitcoins to them back then since bitcoin was almost worth less then, by now, they would have all retired as millionaires and billionaires. And today, they've added bitcoin back as a form of donation, but I will rather donate usd to them than donate my precious bitcoins(my digital gold).