Title: News Coverage of the Internet in 1981... Post by: s_s on January 19, 2014, 07:22:49 PM ...interesting perspective perhaps on the current coverage of Bitcoins today relative to where things may be in not that many more years into the future.
http://www.wimp.com/theinternet/ Title: Re: News Coverage of the Internet in 1981... Post by: HarmZ on January 19, 2014, 08:22:01 PM Definitely interesting to see how they thought about the internet back then. Although I don't agree that bitcoin is going to revolutionize the world as the internet has done. If that's the point you're trying to make.
In its essence bitcoin or cryptocurrencies in general are still a part of the internet and that is why internet is still much more innovative and revolutionizing. Title: Re: News Coverage of the Internet in 1981... Post by: Johnny Bitcoinseed on January 19, 2014, 08:41:30 PM It could be Bitcoin can revolutionize the Internet itself. Think about how free exchange is the essence of the Internet, which is also the essence of Bitcoin. And not just "money" - do some research on the bitcoin protocol, you will find it can be used in many wonderful ways.
Title: Re: News Coverage of the Internet in 1981... Post by: bitpop on January 19, 2014, 09:43:00 PM This is funny at the end http://m.wimp.com/madguy/
Title: Re: News Coverage of the Internet in 1981... Post by: Bitcoi2n2n on January 19, 2014, 10:03:23 PM This made me appreciate our todays everyday technology so much :D
Title: Re: News Coverage of the Internet in 1981... Post by: Singlebyte on January 19, 2014, 10:12:27 PM I like this one from the today show:
http://youtu.be/JUs7iG1mNjI Title: Re: News Coverage of the Internet in 1981... Post by: DieJohnny on January 19, 2014, 10:21:05 PM This is funny at the end http://m.wimp.com/madguy/ +1 Title: Re: News Coverage of the Internet in 1981... Post by: bitpop on January 19, 2014, 10:23:21 PM I like this one from the today show: http://youtu.be/JUs7iG1mNjI Real sports Title: Re: News Coverage of the Internet in 1981... Post by: empoweoqwj on January 20, 2014, 03:27:14 AM This is funny at the end http://m.wimp.com/madguy/ Thanks bitpop - that's crazy funny how they go at it like little bitches :) Title: Re: News Coverage of the Internet in 1981... Post by: wbic16 on January 20, 2014, 08:45:56 AM Definitely interesting to see how they thought about the internet back then. Although I don't agree that bitcoin is going to revolutionize the world as the internet has done. If that's the point you're trying to make. In its essence bitcoin or cryptocurrencies in general are still a part of the internet and that is why internet is still much more innovative and revolutionizing. Reducing friction and increasing the velocity of monetary transactions should stir the pot pretty well though. Think about confirmation times compared to ACH transfers. When I pay someone via Paypal, that money is locked up for 4-6 *days*. If I make a payment with Bitcoin, that money is only locked up for about an hour. This could lead to compression in spending behavior. Economic cycles that previously took days could be completed in hours. No one knows what sort of impact that will have, but I'd say it qualifies as potentially revolutionary. Title: Re: News Coverage of the Internet in 1981... Post by: U1TRA_L0RD on January 20, 2014, 09:48:44 AM I like this one from the today show: http://youtu.be/JUs7iG1mNjI Real sports Title: Re: News Coverage of the Internet in 1981... Post by: qwk on January 20, 2014, 05:46:41 PM I love the qualification of the interviewee, "owns home computer" ;D
https://i.imgur.com/0yaILpA.png And he's got an acoustic coupler, too 8) https://i.imgur.com/pcAXdSD.png edit: guess I still don't understand the image proxy >:( edit2: okay, I screwed up... Title: Re: News Coverage of the Internet in 1981... Post by: matriculator on January 20, 2014, 05:54:23 PM Lol. Somehow that part make me burst out laughing too. Title: Re: News Coverage of the Internet in 1981... Post by: bitpop on January 20, 2014, 05:54:56 PM Lmao respect the dead
Title: Re: News Coverage of the Internet in 1981... Post by: illpoet on January 20, 2014, 05:58:27 PM only 1 and half more hours before i can download the whole .txt file!
Title: Re: News Coverage of the Internet in 1981... Post by: matriculator on January 20, 2014, 06:09:33 PM Lmao respect the dead Wow, it just hit me that 1981 was more than 30 years ago!! Wdh? http://static2.fjcdn.com/thumbnails/comments/I+cant+wait+to+use+this+one+_228e31aa0ec8a039627ad7d1d2a0134b.png Title: Re: News Coverage of the Internet in 1981... Post by: bitpop on January 20, 2014, 06:31:22 PM "Richard Halloran: Owns Home Computer"
http://s-usih.org/2009/05/richard-halloran.html Title: Re: News Coverage of the Internet in 1981... Post by: Gabi on January 20, 2014, 06:36:32 PM Imagine today, it would be "Owns bitcoins" :D
Title: Re: News Coverage of the Internet in 1981... Post by: Singlebyte on January 20, 2014, 09:17:59 PM Podcast like this will go down in history someday:
Gavin Andresen April 2011 - Bitcoins only .90 cents! http://www.econtalk.org/archives/2011/04/andresen_on_bit.html Title: Re: News Coverage of the Internet in 1981... Post by: empoweoqwj on January 21, 2014, 04:34:53 AM only 1 and half more hours before i can download the whole .txt file! lol. those were the days. the anticipation .... that was the fun part :) kidz these days don't get that, just instant gratification, no fun at all in that Title: Re: News Coverage of the Internet in 1981... Post by: bitpop on January 21, 2014, 04:35:59 AM only 1 and half more hours before i can download the whole .txt file! lol. those were the days. the anticipation .... that was the fun part :) kidz these days don't get that, just instant gratification, no fun at all in that Yeah nothing is valued because there's too much choice Title: Re: News Coverage of the Internet in 1981... Post by: ArticMine on January 21, 2014, 04:46:59 AM Well I meet the video half way in time.
In 1997 I recall connecting to the Internet when travelling in Europe using a rotary phone connection, once I figured out how to tell Windows 95 to dial the modem with "pulse" in order to be compatible with the hotel's phone system that dated from the 1940s Once connected the Internet experience was very much like today only slower. The modem connection on the other hand was very much as in the video. Edit: I recall the connection speed was 33kb/s. In one hour this would allow for 14.8 MB of Internet traffic, which even after allowing say 10% for overhead is more than enough to support a full Bitcoin node after doubling the blocksize limit! |