Really enjoyed
Really good
Topic: was there this much Fud about the internet as with bitcoin today? - page 2. (Read 1867 times)
September 20, 2014, 02:16:23 PM
September 20, 2014, 02:14:10 PM
What some call FUD, others call an honest attempt at making a point. 
This is technically true, however what most people consider to be FUD is actually FUD and has no real expectation to have any truth behind it. September 20, 2014, 01:38:45 PM
Bitcoin is money.
Money is a whole different animal than "Information" (the internet).
Comparisons between Bitcoin and the Internet should be spoken with that important distinction in mind.
Free exchange of Information is something that was already protected by laws. So the internet's growth happened naturally and without much resistance.
If we lived in a world where information was outlaw-able, controlled by 3-6 major corporations, or poised to nullify the relevance of major financial institutions, then the internet would've had a much different path.
The path Bitcoin is going to be taking.
-B-
Money is a whole different animal than "Information" (the internet).
Comparisons between Bitcoin and the Internet should be spoken with that important distinction in mind.
Free exchange of Information is something that was already protected by laws. So the internet's growth happened naturally and without much resistance.
If we lived in a world where information was outlaw-able, controlled by 3-6 major corporations, or poised to nullify the relevance of major financial institutions, then the internet would've had a much different path.
The path Bitcoin is going to be taking.
-B-
September 20, 2014, 10:08:51 AM
Bitcoin is the truth, and it is money. That's a very dangerous combination to the establishment, it's far more threatening to the establishment than the internet was. It is therefore only natural that it is being met with much greater resistance than the internet was. Nations states are only just warming up...
September 20, 2014, 09:57:20 AM
What some call FUD, others call an honest attempt at making a point.
September 20, 2014, 09:49:57 AM
The internet has gone through both periods of hype and FUD. For example, I remember when Google IPO'd 10 years ago I bought some shares and everyone just laughed at me saying "they are just a search engine".
September 20, 2014, 09:47:02 AM
Gentle introduction to the etymology of "FUD", for readers who were "born yesterday": http://en.wikipedia.org/wiki/Fear,_uncertainty_and_doubt
Fascinating stuff - no kidding. Sample: "Microsoft soon picked up the art of FUD from IBM, and throughout the '80s used FUD as a primary marketing tool, much as IBM had in the previous decade. They ended up out FUD-ding IBM themselves during the OS/2 vs Win3.1 years."
Quick war story from an old man - I was a young IT manager in the 60s and I got up my nerve to buy the then-new Memorex tapes instead of IBM tapes for our mainframe tape drives ($12 instead of $50 per reel). The IBM rep got wind of this and said to me with a straight face "It will be like sandpaper through your drives". That FUD has rattled around in my head for 50 years - powerful stuff.
Fascinating stuff - no kidding. Sample: "Microsoft soon picked up the art of FUD from IBM, and throughout the '80s used FUD as a primary marketing tool, much as IBM had in the previous decade. They ended up out FUD-ding IBM themselves during the OS/2 vs Win3.1 years."
Quick war story from an old man - I was a young IT manager in the 60s and I got up my nerve to buy the then-new Memorex tapes instead of IBM tapes for our mainframe tape drives ($12 instead of $50 per reel). The IBM rep got wind of this and said to me with a straight face "It will be like sandpaper through your drives". That FUD has rattled around in my head for 50 years - powerful stuff.
September 20, 2014, 09:42:45 AM
Really enjoyed
September 20, 2014, 09:05:14 AM
the amount of fud about bitcoin is much big... was there similar fud about internet in its origin years
Yes. "It is only for porn." "No one will put their credit cards online, it isn't safe." "It is too hard to use." "Email is to ephemeral, I like hand written letters." "Email gets lost." "Web sites are scammy." "Banks can't be online without being hacked." "It is a fad." And then there is an old favorite from the 'genius' Paul Krugman:
Quote
"By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's."
etc.
Every change is met with FUD from entrenched interests. (They just didn't always call it FUD!)
September 20, 2014, 09:02:47 AM
the amount of fud about bitcoin is much big... was there similar fud about internet in its origin years
No, not even close. Maybe I've just been lucky but I recall everyone being quite enthusiastic about being able to just post in a forum.The amount of good thinking was incredible.
September 20, 2014, 08:51:56 AM
I is all about FUD nowadays. Wherever you look, shills, trolls and piles of FUD.
It's not nowadays it is human nature to resist change. Look at any innovation at any time and read what they were saying. The newspaper editorials way back when they were discussing putting electricity in homes are hysterical (In both senses of the word.)The internet did make it easier for the 'common Joe' to spread whatever idoicy he cared to though.
September 20, 2014, 08:18:57 AM
September 20, 2014, 07:48:43 AM
Reading beyond the title to the key to fight fud.
September 20, 2014, 07:41:04 AM
I is all about FUD nowadays. Wherever you look, shills, trolls and piles of FUD.
September 20, 2014, 07:36:27 AM
There is this much FUD about everything, once you start to look beyond the headlines. We live in interesting times.
Think for yourself or someone else will think for you (I think).
Think for yourself or someone else will think for you (I think).
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
September 20, 2014, 07:30:04 AM
I don't remember much, but while there were a few, not as much as today. Bitcointalk has turned into a troll feeding ground.
September 20, 2014, 07:23:31 AM
the amount of fud about bitcoin is much big... was there similar fud about internet in its origin years
Jump to: