Bitcoin Forum

The Internet. Only one word, and how much it means. How much the Internet has changed the global human life. Starting from daily communication through various messengers and ending with the management of the strategic nuclear arsenal by world superpowers, everything is inextricably linked with the use of the global Internet. It took relatively not much time for the Internet to "take over" at least half the world's population and more.

Blockchain. Today every 10th heard about the Blockchain, every 50th is interested in Blockchain, and only every 100th knows what it is. Blockchain is a database that exists in a decentralized manner, i.e. the network data of the Blockchain are stored entirely from all participants of the network simultaneously and therefore can not be replaced or deleted, since all changes are confirmed by all network members. This is the value of the Blockchain. Entire state institutions and governments are actively implementing Blockchain technology, and more and more of the largest corporations use it.

Five years ago the Blockchain was unknown in the broad masses. The influence rendered by the Blockchain on the world financial system is very significant. Leading world states take this technology into account in their financial and economic development strategies. And some experts say that the Blockchain has a special role in the plans of the so-called "World Government" to change the global financial system.

It is no longer reasonable to reject in every possible way the study of the Blockchain, its your potential and your personal role in the delopment of this technology and products like a peer-to-peer electronic cash systems founded on the Blockchain like BTC.

My conclusion - everybody will undoubtedly be a participant of this technology. It's only a matter of time. The Blockchain will certainly become the inevitable reality of daily human life, as it happened with the Internet, and who knows, maybe the point of no return has already come.

I agree, at the moment the current projects on the blockchains can be
classed as pioneers. They are threading new technological ground.

We already have seen other tech industries adopt blockchain tand IOT
Technologies such as Bosch to mention a big name corporation.

Its gonna take some time however for blockchains to be fully adopted
its not gonna happen within a year but it will happen.

YES, Internet was an innovation which has changed the life of all the people in all of the countries. And the new innovation which will change internet is blockchain. Blockchain is tool for making great improvement in internet. A day every one will use blockchain technology.
Many people think that blockchain is bitcoin or some people think that blockchain is only useful for cryptocurrencies. Blockchain will change the Internet and that time cryptocurrencies will be also more popular.

For sure, we stand at the beginning of new world reality. Thanks a lot for merit.

"One single idea may have greater weight than all the men, animals, and machines for a century." --Emerson

The president of IBM said in 1946 that there was a world market for maybe 5 computers. While it took nearly 30 years for personal computers to show up on the scene, the pace at which things change nowadays means that we will see blockchain rise in a relatively short time.

I think that we are currently in the early adoption phase, for bitcoin.

Even though it may seem like that bitcoin's time has already come and went, that is very far from the truth. The pumps of last year is by no means the end of bitcoin's era. It's only the start. People are interested, but as you said, only around 1-2% of all people most likely (unable to accurately measure this figure) actually have any bitcoin at all. That's a huge potential upside, since 90+% of the world hasn't even gotten their hands of BTC yet.

And when they do, that's when mass adoption will actually happen. And rising prices will be a side effect. Just like the internet, there will be doubters now, but they will be quickly brushed off once blockchain/BTC actually becomes mainstream.

This is one of the greatest statements ever. Its so true because when an idea whose time has come, no force or power on earth can stop or prevent it. Just s right.

True, because of internet and technology many lives has change and become easier. Easier in the access of everything specially in communication and now blockchain is here though it takes sometime before it is being fully embrace by the people but we can say that sooner or later it will happen. People engage in crypto is increasing everyday so it means it is very influential so as time goes by it is part of the day to day living of the many.

It's true that blockchain is the new technological invention that will change the whole financial world. This is innovation that matters on a global level. Every large corporation will have to implement blockchain, if they have not already.

True. Does anyone remember Nikola Tesla? He had so much great ideas at the time about electricity. He even had a concept for wireless transfer of electricity from great distances. However, during the time, he didn't have the means or technology to be able to product what he needed. He is arguably even the father of modern technology by the way. If he was able to produce those technologies he thought of before then he would have been rich. Time, indeed is needed for a great idea. There are good ides, but it must be executed properly to succeed.

In my opinion internet had a colossal impact on society, culture, relationships, knowledge and many other aspects of human life. The blockchain inspires positive feelings but I do not think it will have a revolutionary impact like that of the web.

That's right,nothing is more powerful as an idea whose time has come and this is time of Internet,using this internet can earn money. Blockchain is an another invention of technology blockchain is changing the idea of using internet.

Blockchain technology is the best idea that will cause not only financial revolution but it will be needed and applicable in almost all sector of life. Just like internet is need today, if you followup  the trend of blockchain oriented projects and idea you will agree with me that blockchain is applicable in the medical, financial, fashion, online marketplace, musical, electoral etc sectors.

The hottest and most intriguing technologies in the market are Artificial Intelligence (AI), Blockchain and Internet of Things (IoT)
Back in 90's, when we were entering a new phase of technology disruption. The Internet technology is poised to make and transform the way we work. The Blockchain is the next phase of disruption is going to change the way we survive better.

The blockchain is the backbone technology behind Bitcoin, it is decentralized and shared with a public ledger that tracks and keeps a record of all valid transactions or digital events.

I agree that because of new high technology anything in this world can be easier. Any impossible things can be possible now because of it. It is very nice when it's totally adapted and implemented by the government in different countries because it gives us a lot of benefits so I believe that someday the whole world will recognized and appreciate the importance of blockchain technology to the people.

These blockchain technology will then the prime mover of changing the whole into a new era of technology.
Unstoppable, innovation will soon happen,nothing can hinder the entry of this technology cause as of now,the whole world are now used to it.

Nice words. But why does it take so long for such a great idea to evolve into something more than a bouncing crypto gambling game? Is it wrong time? Or a not so great idea?

Humans seem to always be slow to accept change but as you mentioned, once the time has come, it will begin to spread like wildfire. An example can be seen in Bitcoin which started in 2008 and gained massive popularity in 2017. After that "big burst" into the scene, the rate at which changes and innovations happen will become somewhat alarming and exciting, just like the Internet age. The pioneers now, if they can perfectly align themselves, will be here to stay for a long time.

Same thing was with the internet.. just need time

I feel like the blockchain itself still has very specific use cases, and cannot be compared to the internet which encompasses pretty much everything these days. At the end of the day, not everyone needs their databases to be decentralized (corporations are developing permissioned blockchains, for one), and regular databases could already be distributed. It's revolutionary because it's able to self-verify, which could save a lot of resources for plenty of business processes. It's revolutionary, but not that revolutionary.

That being said, it's entirely possible that we haven't even scratched the surface of the blockchain's potential, so I could be very wrong.

Exactly. If your time has come then nothing can stop you in doing whatever you want. It is your time, it is the time that you have been waiting for. It is your time to shine and you must prove to those person who dont believe in you that they are wrong. We can do whatever we want for as long as it is for the good of everyone.

No. Blockchain is not a competitor for internet, its a part of internet and both are going to be related I think

Yes, we can say that the time of digital currencies has come.Since our world are already filled with technology, and the life of humanity has been modernized, digital currency really fits in.Digital currency, the blockchain and technology are really changing the human life.

Yes, the Internet is an innovation that brings huge changes in the lives of all people all over the world. This is changing the Internet Blockchain technology. The internet will blockchain development. As a result, one day blockbay technology will be used for the sake of the need. Some people think blockchain anyone else thinks blockkain for Bitcoin Good for cryptocurrency. Blockchain technology will change the internet and it will become popular and arcane worldwide.

Yes, now probably every second inhabitant of the planet can not imagine his life without the Internet, as the development is fast, and the need for it is growing. I think the blockchain will be similar.

The pumps of last year is by no means the end of bitcoin's era. It's only the start. People are interested, but as you said, only around 1-2% of all people most likely (unable to accurately measure this figure) actually have any bitcoin at all

All valid points. I like the comparison with the internet. I still remember the time when I was so intimidated to send an email! And now, I do it multiple times a day. Same thing for bitcoin and blockchain. Soon, they’ll be household names and will be indispensable elements of our lifestyle.

Blockchain today made a huge impact on us. Recently, different views about blockchain makes sense for  continuously developing it's chain or system. It is really true that the internet started it all with advanced technology offered by cryptocurrency. People nowadays are very aware how this blockchain works and how this blockchain be used in crypto world using an internet

Yes you are right and now a day internet has become that important thing without this we cannot pass a single day.

I agree as well internet have change the world. Some people thinks that internet is just for social media and netflix but they are wrong. They do not realize that if the whole world internet went down instantly there will be chaos. Everything now is controlled by the internet. Banks, electricity, communications etc. are working right now because of internet. With blockchain I think we are still far from what internet have done but blockchain technology will be the future. It is possible that in the future all industry will use block chain.

Yes, it's even harder to predict, guess, or expect whose time has come, more likely based on luck than something's real value - in this case, the coins. But I love your write, it's good to read some insights recently.

Blockchain technology have to be implemented in all the fields to keep safe our data because the current internet setup has more privacy issues and all the datas can be stolen by the smart hackers even many banks and compaines information had been stolen in the past years.Now we are getting more and more internet into our daily life,even most of the homes were secured by security system over internet if it fails then chance of theft is possible as you said if the internet is down the whole world will be in chaos.

I believe so too. People always reject what is new because of their fear. They fear they don't know anything about slit thats why they say every bad thing they can think of. But eventually, because of adoptation, this fear will turn to acceptance and excitement. Time will come for blockchain technology. Adoptation is near to reality.

Of course, your words will become a reality when people stop treating crypto as a game on the stock exchange and quotes.

I also recognized that, like the Internet, had appeared rejected by many people, however, the Internet has become a part of our lives, and block chain will also change the world.

That is good one some one need to have, and think to solve problems, secondly in every Idea to be successful, it requires action, to start with little. How ever I have Idea to invest on bitcoin, but I started with 0.0004btc. but currently I deal with 3btc for every three months.

Wait for the right time. Do not force yourself to do something that is hard for you because that can make you failed and lost of confidence. Leave it and do it when you are ready to take it whatever what happens. Time will come for the right choice and right idea. Learn more about things while you are making a decision.

Bitcoin , like othe crypto currencies was introduced by SATOSHI NAKAMOTO in year 3099 was just a idea is now not a word or a simple idea, now bitcoin is itself a revolution that has changed the life of every individual who is part of it and moreover it is not even that much expensive , it only needs internet for its operation and I think in today’s world Internet id used by almost all the people in the world so why not bitcoin, so I will love to see that everyone in the world is using bitcoin like they use internet.

It's early days yet and there's still a lot of ironing out to do in terms of getting the general public comfortable with Bitcoin and crypto in general, but I agree with you. When I talk about crypto today, I describe it as getting in at the early days of this generation's gold rush. It's pretty messy and unregulated  - and environmentally unfriendly, just like the original gold rush - and people are taking all sorts of risks. But those who stick it out and make smart choices will come out of this incredibly wealthy.

The hard part is deciding what the 'right' choices in a market of thousands of coins and tokens is! Everyday there is something new that promises to be faster, better, cheaper, greener than the coins in the top 5. There's still a lot of evolution and refinement that needs to be done, but I do agree that the time for crypto has well and truly come.

Everyone knows that Blockchain is the 4th industrial revolution.
And now we face a great change in how businesses are done.
Many sectors and fields gonna be changed.
A lot of ppl gonna be fired, as well as a lot of pipel will get new jobs and etc.

This is a very good statement, because when an idea arrives, the time has come. Due to the invention of Blockchain technology, it has completely changed the financial condition of the world.

most of the people are waiting for it

how many were technologies that have not been used or whose time has not yet come. therefore, it is impossible to talk about it so confidently, although the chances are very good

Blockchain as the invention of new technology that can change the entire financial world. This is an important innovation at the global level. At any large company can implement blockchain, if they have not already done so. As a form of global economic change must be able to keep up with current and future technological developments. 8)

It is 100% true that the Blockchain is one of the most innovative technologies that will change and develop the entire financial world. Every major corporation or industrial establishment and factories will have to implement the use of blockchain technology. That is not happening yet.

I totally agree with you there is nothing as powerful as right timing in any development and just like the internet that have been widely accepted and use by almost 80% of the world population today gain the milestone through right timing. And bitcoin/blockchain is also going to achieve such milestone in due time in the future everyone will not have any choice rather then to embrace and use this newest technology for a better living since the time have change from the traditional way of doing transactions to online and digital ways.

I definitely agree with OP as I believe internet has really change the peoples lives in which this technology had been considered a tool for communication, banking transactions, learning process, business applications and the blockchain technology. Due to the discovery of this blockchain technology, cryptocurrencies then emerge in the crypto market in which btc as the first cryptocurrency to dominate the market. Moreover, cryptocurrencies are now becoming more popular in the world because of the discovery of internet.

Because of this I appreciate now how the people create a thing that may contribute as a whole and how it influences others to use it. As the internet is very wide and broad as it spreads everything and recorded almost all of what we do we can now easily create a study and help others with a wide range of basis and studies held and came from the internet. Nice post bro. Applause for this.