Bitcoin Forum

Economy => Economics => Topic started by: cbeast on February 06, 2012, 11:46:03 PM



Title: Bitcoin's relationship with the Internet.
Post by: cbeast on February 06, 2012, 11:46:03 PM
In the USA, internet penetration is slowing. ISPs are imposing more and more restrictions. Customer service and repairs are diminishing. Prices are rising. I don't know about the rest of the world, but apart from a few regions like the North West and some major cities, the Internet is not meeting the needs of people. HD streaming for instance, is difficult for many people.

Bitcoin is going to require a great deal of bandwidth at some point, even for pool miners. Because Bitcoin requires (or soon will) broadband speeds, I wonder if local ISPs would benefit from becoming pools and in turn incentivize miners with adequate bandwidth? Is this something that can be packaged and sold to ISPs as some sort of overlay network?


Title: Re: Bitcoin's relationship with the Internet.
Post by: BCMan on February 06, 2012, 11:58:53 PM
 What's the price of 24 mbit/s there per month? Here, in Russia (small town) it's just a 20$/m, in cities it's even cheaper. U.S. probably has shittiest isp's in the world.


Title: Re: Bitcoin's relationship with the Internet.
Post by: cbeast on February 07, 2012, 12:08:07 AM
What's the price of 24 mbit/s there per month? Here, in Russia (small town) it's just a 20$/m, in cities it's even cheaper. U.S. probably has shittiest isp's in the world.
In a rural community I pay over $40/m for 5-8 mbit/s cable and rarely even get that speed. There is little or no competition and many people have few or no choices for internet.


Title: Re: Bitcoin's relationship with the Internet.
Post by: ThomasV on February 07, 2012, 06:25:38 AM
in soviet russia, the internet pays you


Title: Re: Bitcoin's relationship with the Internet.
Post by: cbeast on February 07, 2012, 06:37:55 AM
in soviet russia, the internet pays you
That would explain the fast speeds.


Title: Re: Bitcoin's relationship with the Internet.
Post by: ThomasV on February 07, 2012, 09:07:51 AM
in soviet russia, the internet pays you
That would explain the fast speeds.

oh, and in soviet russia, the blockchain downloads you


Title: Re: Bitcoin's relationship with the Internet.
Post by: Matthew N. Wright on February 07, 2012, 10:37:25 AM
in soviet russia, the internet pays you
That would explain the fast speeds.

oh, and in soviet russia, the blockchain downloads you


In Soviet Russia, coins double-spend you.


Title: Re: Bitcoin's relationship with the Internet.
Post by: BCMan on February 07, 2012, 12:29:59 PM
 In America, you make wars and killing the planet.
 "Humanitarian" NATO mission, Lybia pays you:
http://m001.timesru.com/359/5323d673-6d3f-411d-8e93-9e76713ddf80.jpg


In Soviet Russia, wars are not acceptable to you.


Title: Re: Bitcoin's relationship with the Internet.
Post by: cbeast on February 07, 2012, 01:39:27 PM
Civil wars are off topic.


Title: Re: Bitcoin's relationship with the Internet.
Post by: BCMan on February 07, 2012, 04:59:22 PM
Civil wars are off topic.
"Civil" wars, sponsored by u.s. government. And those "soviet russia" overused retarded jokes are offtopic as well.


Title: Re: Bitcoin's relationship with the Internet.
Post by: cbeast on February 07, 2012, 05:07:28 PM
Civil wars are off topic.
"Civil" wars, sponsored by u.s. government. And those "soviet russia" overused retarded jokes are offtopic as well.
If the US spent more on developing infrastructure, like ISPs, there would be less money to spend on Team America World Police. It's oversimplifying the issue, but the transparency of Bitcoin will simplify things.


Title: Re: Bitcoin's relationship with the Internet.
Post by: eviltt on February 09, 2012, 10:36:11 PM
What's the price of 24 mbit/s there per month? Here, in Russia (small town) it's just a 20$/m, in cities it's even cheaper. U.S. probably has shittiest isp's in the world.

russia (while huge) has a very concentrated population center.. very easy to provide broadband services over short distances.

the US on the other hand is quite large, and has a very wide dispersal of its population centers.

the US has a problem in that all broadband technology requires points of presence in a relatively close location.  we cannot provide that at this time.

BTW i pay 79 a month for 55x10 which is fine by me.

anyone who doesnt understand the underlining technology of broadband says we have shitty isp's but in reality we just have to work that much harder.

the UK has far more issues, and considering its relatively small size they have 0 excuse.




Title: Re: Bitcoin's relationship with the Internet.
Post by: eviltt on February 09, 2012, 10:37:44 PM
Civil wars are off topic.
"Civil" wars, sponsored by u.s. government. And those "soviet russia" overused retarded jokes are offtopic as well.
If the US spent more on developing infrastructure, like ISPs, there would be less money to spend on Team America World Police. It's oversimplifying the issue, but the transparency of Bitcoin will simplify things.

moron detected.

the government doesnt develop nor support the infrastructure the internet runs on in the US.. our governmental spending would not have any difference on the ability to get higher speed internet at your house..

its private enterprise that pays these bills.. you want more.. start your own company that somehow makes a profit off of providing cheap high speed internet on brand new infrastructure.


Title: Re: Bitcoin's relationship with the Internet.
Post by: cbeast on February 11, 2012, 03:25:57 PM
Civil wars are off topic.
"Civil" wars, sponsored by u.s. government. And those "soviet russia" overused retarded jokes are offtopic as well.
If the US spent more on developing infrastructure, like ISPs, there would be less money to spend on Team America World Police. It's oversimplifying the issue, but the transparency of Bitcoin will simplify things.

moron detected.

the government doesnt develop nor support the infrastructure the internet runs on in the US.. our governmental spending would not have any difference on the ability to get higher speed internet at your house..

its private enterprise that pays these bills.. you want more.. start your own company that somehow makes a profit off of providing cheap high speed internet on brand new infrastructure.

Wrong. http://en.wikipedia.org/wiki/High_Performance_Computing_and_Communication_Act_of_1991 (http://en.wikipedia.org/wiki/High_Performance_Computing_and_Communication_Act_of_1991)
Remember all those free dialup accounts that only had a few ads?

http://www.fhwa.dot.gov/interstate/faq.htm (http://www.fhwa.dot.gov/interstate/faq.htm)
Quote
The concept of an Interstate system as we know it was first described in a 1939 report to Congress called Toll Roads and Free Roads.  The report rejected the toll superhighway network Congress had suggested; revenue from tolls on most segments would not support the bonds issued for their construction.  However, the report added that the country needed a toll-free express highway network.  Thomas H. MacDonald, Chief of the U.S. Bureau of Public Roads, and Herbert S. Fairbank, Chief of the agency's Division of Information, prepared the report.  The ideas expressed in the "free roads" portion of the report evolved through further study and experience before approval of the Federal-Aid Highway Act of 1956, but the Interstate System began with MacDonald and Fairbank.

How would you like some private enterprise to buy all the roads around your house and wall them off?

The level of idiocy on these boards makes me weep for the lack of funding teachers get these days.


Title: Re: Bitcoin's relationship with the Internet.
Post by: notme on February 11, 2012, 08:34:07 PM
I'd like to start an ISP, but these days you can't get resellable bandwidth.  On the phone lines, they had to let you resell, but with cable and fiber good luck finding bandwidth where you get the quoted speeds and they let you resell.

Regional monopolies are unacceptable, and the government is the only entity that can change the status quo in this industry.


Title: Re: Bitcoin's relationship with the Internet.
Post by: matthewh3 on February 14, 2012, 01:28:54 PM
What's the price of 24 mbit/s there per month? Here, in Russia (small town) it's just a 20$/m, in cities it's even cheaper. U.S. probably has shittiest isp's in the world.

russia (while huge) has a very concentrated population center.. very easy to provide broadband services over short distances.

the US on the other hand is quite large, and has a very wide dispersal of its population centers.

the US has a problem in that all broadband technology requires points of presence in a relatively close location.  we cannot provide that at this time.

BTW i pay 79 a month for 55x10 which is fine by me.

anyone who doesnt understand the underlining technology of broadband says we have shitty isp's but in reality we just have to work that much harder.

the UK has far more issues, and considering its relatively small size they have 0 excuse.




I live in the UK and only pay £30 a month for VDSL2 FTTC 40Mbit/10Mbit that is rising to 80Mbit/20Mbit this year.  Although I also have to pay line-rental on the telephone line at about £10 a month but gives me free national calls to other landlines.


Title: Re: Bitcoin's relationship with the Internet.
Post by: JohnD on February 14, 2012, 04:46:13 PM
I live in Germany and i pay $45 for a 64Mbit connection.
I think thats fair.