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Bitcoin => Bitcoin Discussion => Topic started by: Devin Chow on July 12, 2014, 05:42:53 AM



Title: ..
Post by: Devin Chow on July 12, 2014, 05:42:53 AM
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Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: phillipsjk on July 12, 2014, 05:50:34 AM
I would like to believe that the Sony BMG rootkit scandal (https://en.wikipedia.org/wiki/Sony_BMG_copy_protection_rootkit_scandal) is why people don't buy CDs. It is the primary reason I avoided buying CD's the last 10 years. It is also one of the reason I don't even try to recommend anti-virus software (anti-malware software was invented after the scandal because the root-kit was given a "pass" by traditional anti-virus software).

One band I liked released on vinyl: never did get around to buying a USB turn-table, to play it. Vinyl has the advantage of provably not being able to harm your machine. The industry probably likes it because the initial copy will always be "lossy".


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Brewins on July 12, 2014, 06:15:10 AM
In 1995 was way harder download the MP3 because of slow internet, and few people had internet.

Do you think the currenct technology will make a huge advance in 20 years, so will be orders of magnitude easier for people use bitcoin, and bitcoin will conquer the world cause of this?

Also MP3 is for free, while bitcoin itself is money, so changing to mp3 is way easier than changing to bitcoin, I must admit


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Cryptopher on July 12, 2014, 08:20:47 AM
There are many forces which dictate whether something thrives or dives - a lot of this has to do with support and backing from influential figures in the industry, then there is the technological infrastructure and the reliance on economical support. There's also legal and ethical forces too.

Of course, demand is the key to how lucrative and ubiquitous something is, but demand can be fuelled by the presence of other forces.

Bitcoin is gathering momentum, but naturally there are setbacks along the way - ultimately it has been successful in some capacity.

MP3 and Bitcoin are the formats, but what is most critical is the technology i.e. digital formats/protocols.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: NapoleonBonaparte on July 12, 2014, 08:51:36 AM
I can download just about any mp3 for free. Anyone know a website where I can download any amount of bitcoin for free?


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Elwar on July 12, 2014, 08:57:59 AM
I can download just about any mp3 for free. Anyone know a website where I can download any amount of bitcoin for free?

You can download the full bitcoin blockchain at bitcoin.org


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: elebit on July 12, 2014, 09:03:29 AM
Good times. I remember swapping floppy disks (you youngsters can look'em up on wikipedia) with new songs for friends to listen to. If you crunched them down below 48 kbit/s you could actually fit more than one song per floppy disk!

When computers got so powerful you could actually decode MP3s in real time, that was really something! You didn't have to first decode them to WAVs before playing anymore which made them infinitely more useful.

I'm not sure what Bitcoin has to do with this, any more than that it is obviously technology which hasn't realised its full potential yet. Perhaps sometime in the future people will say the same about Bitcoins, "I remember when x happened so we got free microtransactions" or "when web browsers integrated payments" or something. Then we should point back to this thread, if the forum still is readable somewhere!


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Ludi on July 12, 2014, 09:13:31 AM
I hope you're right. I remember downloading my first mp3s and telling all my schoolmates about them and their use spread like wildfire. I think bitcoin and mp3 usuage are very comparable. They both might seem daunting to get used to at first for the uninitiated but you'll soon realise they're pretty easy to get used to. I also hope you're right as we will most certainly be rewarding finiacially if bitcoin becomes as popular as mp3s  :D.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Swordsoffreedom on July 12, 2014, 09:18:07 AM

...and don't sit down next to me and pretend you don't know what Bitcoin is, when you actually do, because you want the free Bitcoin :)


DOH
Well tell me grandmaster what is Bitcoin and give me a free dollar I kid :)

That said I agree with what you said it is the mp3 file of AOL days or the internet before it and people going hey what is that I'm scared of it before realizing how useful it is.
Bitcoin is the same so cheers to you for getting the word out, and also tssk they didn't know about mp3s and the same people with Bitcoin lol.

(As for Me IPOD lol) (well I had mp3 files before that but that's when I used them a lot more)
Led me to the root the tor and the darknet all at once (and uh I learned how to clean a PC real quickly lol)
Oh and Winamp when it was good lol.. --> Matroska <---> VLC


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: fryarminer on July 12, 2014, 09:19:22 AM
Good times. I remember swapping floppy disks (you youngsters can look'em up on wikipedia) with new songs for friends to listen to. If you crunched them down below 48 kbit/s you could actually fit more than one song per floppy disk!

When computers got so powerful you could actually decode MP3s in real time, that was really something! You didn't have to first decode them to WAVs before playing anymore which made them infinitely more useful.

I'm not sure what Bitcoin has to do with this, any more than that it is obviously technology which hasn't realised its full potential yet. Perhaps sometime in the future people will say the same about Bitcoins, "I remember when x happened so we got free microtransactions" or "when web browsers integrated payments" or something. Then we should point back to this thread, if the forum still is readable somewhere!

Wow. mp3 on a floppy disk! I would have never thought that compatible!

I have the vision of jamming a floppy into the cassette deck of a 90s station wagon trying to get the song out.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Cryptopher on July 12, 2014, 09:21:46 AM
I hope you're right. I remember downloading my first mp3s and telling all my schoolmates about them and their use spread like wildfire. I think bitcoin and mp3 usuage are very comparable. They both might seem daunting to get used to at first for the uninitiated but you'll soon realise they're pretty easy to get used to. I also hope you're right as we will most certainly be rewarding finiacially if bitcoin becomes as popular as mp3s  :D.

The key thing to understand is that MP3 is not music just as Bitcoin is not 'money', as such. They are formats that provide means and terms of transporting information, which has a value in itself.

The difference with Bitcoin is that it is treated a volatile asset, with respect to fiat so there is reluctance from many to get involved, whereas I doubt ever called MP3s a 'scam'.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Ludi on July 12, 2014, 09:26:06 AM
Maybe torrenting an mp3 is a better comparison, after all I think that's where the bit part of bitcoin gets it's name. Like the mp3 is the coin and the torrent is the technology that is used to send the file across the world.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Mowcore on July 12, 2014, 09:32:21 AM
Good times. I remember swapping floppy disks (you youngsters can look'em up on wikipedia) with new songs for friends to listen to. If you crunched them down below 48 kbit/s you could actually fit more than one song per floppy disk!

I used to take a stack of floppys into college to download as many mp3's as I could on my lunch breaks due to their slightly faster connection! zip that shit for maximum music!

Then the zipdrive came out  ;D



Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Cryptopher on July 12, 2014, 09:37:47 AM
Good times. I remember swapping floppy disks (you youngsters can look'em up on wikipedia) with new songs for friends to listen to. If you crunched them down below 48 kbit/s you could actually fit more than one song per floppy disk!

I used to take a stack of floppys into college to download as many mp3's as I could on my lunch breaks due to their slightly faster connection! zip that shit for maximum music!

Then the zipdrive came out  ;D



Did compressing the MP3s actually save any space? MP3s use lossy compression so zipping shouldn't be all that effective, if at all. Perhaps the lossy compression wasn't so great in '95 times. Christ, it's just dawned on me that's almost 20 years ago O_O!


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Swordsoffreedom on July 12, 2014, 10:00:33 AM
Good times. I remember swapping floppy disks (you youngsters can look'em up on wikipedia) with new songs for friends to listen to. If you crunched them down below 48 kbit/s you could actually fit more than one song per floppy disk!

I used to take a stack of floppys into college to download as many mp3's as I could on my lunch breaks due to their slightly faster connection! zip that shit for maximum music!

Then the zipdrive came out  ;D



Did compressing the MP3s actually save any space? MP3s use lossy compression so zipping shouldn't be all that effective, if at all. Perhaps the lossy compression wasn't so great in '95 times. Christ, it's just dawned on me that's almost 20 years ago O_O!

Welcome to the feeling like a 80s or 90s kid.
Where AOL was the internet, Windows 95 was amazing! (Ok still is in a sense lol) and Boy Meets World was still around before the next gen Girl meets World right now &_&.

# and think your right on the mp3 part.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Mowcore on July 12, 2014, 10:12:47 AM
Good times. I remember swapping floppy disks (you youngsters can look'em up on wikipedia) with new songs for friends to listen to. If you crunched them down below 48 kbit/s you could actually fit more than one song per floppy disk!

I used to take a stack of floppys into college to download as many mp3's as I could on my lunch breaks due to their slightly faster connection! zip that shit for maximum music!

Then the zipdrive came out  ;D



Did compressing the MP3s actually save any space? MP3s use lossy compression so zipping shouldn't be all that effective, if at all. Perhaps the lossy compression wasn't so great in '95 times. Christ, it's just dawned on me that's almost 20 years ago O_O!

I remember a mp3 being around 2-4Mb which I couldn't fit on 1 floppy, so compressed it. I remember it didn't work every time but it was more to get this one song onto more than one floppy disc, maybe there was minimal compression I dunno lol, I was young! and it worked for me!

damn , before I had the net I would go on BBS's....so so old and I'm not even 32 yet haha.

edit: It might of been Winrar not Winzip.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: iflash on July 12, 2014, 10:41:04 AM
That's a nice comparison. I first thought: Hang on! In 1995 I already downloaded tons of songs from Napster. Then I realised that was 1999.

Yes, in 1995 basically nobody knew of MP3 although it had been developed since the early 80ies(! can you believe it?).

If Bitcoin had the same effect on monetary systems as MP3 had on the music market then it truly would be a bit of fresh air to say the least.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Lauda on July 12, 2014, 11:19:46 AM
No, this is not comparable. Stop talking about BTC being replaced when it has not even come near its potential.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Cryptopher on July 12, 2014, 11:38:14 AM
No, this is not comparable. Stop talking about BTC being replaced when it has not even come near its potential.

What are you talking about?

The only discussion regarding comparison here is that Bitcoin is a relatively new concept using this implementation and that, in the past, other technologies have gone through quiet times before being gradually adopted to the point where they are so widely used we don't even think about it.

To my knowledge nobody said that it would be 'replaced' - though anything is possible.



Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Lauda on July 12, 2014, 11:40:45 AM
No, this is not comparable. Stop talking about BTC being replaced when it has not even come near its potential.

What are you talking about?

The only discussion regarding comparison here is that Bitcoin is a relatively new concept using this implementation and that, in the past, other technologies have gone through quiet times before being gradually adopted to the point where they are so widely used we don't even think about it.

To my knowledge nobody said that it would be 'replaced' - though anything is possible.


If were talking about MP3 as a device. I rarely see one these days.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Este Nuno on July 12, 2014, 11:45:47 AM
I was an AOL warez kiddi in 1995. 11 years old with server rooms in AOL chatrooms. Using different  "progs" to freeze people's IMs and kick them offline. AOL 2.0, bitch.

What a badass I was.

Why am I mentioning this? Because I remember when I was "serving" music in MP3 format in the AOL warez rooms, I also remembered telling people at school how awesome MP3s were. How awesome it was that you could download them for free using "server" rooms on AOL. How it made no sense to ever pay for music, ever.

Nobody ever cared. Nobody ever listened.

..and they're not listening now when I tell them about Bitcoin.

It wasn't until I physically showed them how to download MP3s that they actually started to use it. But once they started using it, they kept using it of their own volition, no further convincing required. It was novel, it was relatively easy, and it was free.

Most people use MP3 today, in some way. Whether they realize it or not.

The same will happen with Bitcoin.

When you tell somebody about Bitcoin in 10 years, they won't look at you like you have 10 heads like they did in 1995 with MP3s.

In 10 more years, people will be talking about Bitcoin the way we talk about MP3 now. It will just be. Except much, much bigger.

Any conversation that I have over 20 minutes in length will result in me showing a person how to download the blockchain app to their phone and me sending them their first Bitcoins for free. I've done this quite a few times. It creates an "I kinda get it now." moment in the minds of a lot people. This is where it all starts.

I finally realized that you can explain to people what it is, what it does, how it works 100 times and they won't get it. You just have to SHOW them. Seeing is believing.

I could be Captain Obvious over here. Forgive me, 2 bowls of Sour Diesel in the past 20 min. I just got this feeling of "I've seen this before." when pondering Bitcoin earlier today.

My advice to everyone? Don't sit down next to me at the sushi bar and start a conversation with me if you don't want free Bitcoin. (Has happened thrice.)

...and don't sit down next to me and pretend you don't know what Bitcoin is, when you actually do, because you want the free Bitcoin :)





It seems like a decent analogy. Better than "bitcoin is the new internet" or whatever a lot of people say. New technology operating on the internet that most people don't understand or haven't used yet, but when they see it they know that it's cool.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Cryptopher on July 12, 2014, 11:46:02 AM
No, this is not comparable. Stop talking about BTC being replaced when it has not even come near its potential.

What are you talking about?

The only discussion regarding comparison here is that Bitcoin is a relatively new concept using this implementation and that, in the past, other technologies have gone through quiet times before being gradually adopted to the point where they are so widely used we don't even think about it.

To my knowledge nobody said that it would be 'replaced' - though anything is possible.

If were talking about MP3 as a device. I rarely see one these days.

You mean MP3 players, well yeah people generally use iPods, phones or stream music these days. The topic itself is more about the digital format, rather that the device that was popular during the the noughties 00s. The OP used MP3 as an example of how something that is so integrated within our lives was once relatively unknown.

The same can be said about many technologies. Everything has to start from somewhere, how quickly it is adopted is another matter.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Baitty on July 12, 2014, 01:38:53 PM
The only difference is that mp3s will probably be replaced by something better. but Bitcoin will not.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Mowcore on July 12, 2014, 01:44:02 PM
The only difference is that mp3s will probably be replaced by something better. but Bitcoin will not.

FLAC (Free Lossless Audio Codec). I mean, who gives a shit about the size of the file these days anyway!

....plus WAVE has and always will be better than mp3, bar the size of the file!


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Cryptopher on July 12, 2014, 01:46:08 PM
The only difference is that mp3s will probably be replaced by something better. but Bitcoin will not.

Bitcoin is too young to state definitively that it will not be replaced by something better. Replaced as what, the cryptocurrency that kickstarted a new financial paradigm, sure.

Bitcoin is not the be-all and end all of cryptocurrencies. It is up to the Bitcoin Core Dev team to ensure that Bitcoin improves, while it is up to other developers to create applications and systems to better integrate the use of Bitcoin into the lives of the every day person.

The mp3 format has stood the test of time so far, and it fills a nice space within the area it operates within. If anything you may find mp3s dropping off over time due to the size of telephone memory, Internet connection speeds etc.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: chaosPT on July 12, 2014, 01:50:11 PM
The only difference is that mp3s will probably be replaced by something better. but Bitcoin will not.

Bitcoin can be replaced by the other alt coin i think

And i dint know theres mp3 in 1995 lol


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Baitty on July 12, 2014, 01:55:41 PM
The only difference is that mp3s will probably be replaced by something better. but Bitcoin will not.

Bitcoin can be replaced by the other alt coin i think

And i dint know theres mp3 in 1995 lol

At the moment no alt coin has the potential that Bitcoin has. most are copies and most have the same features just a different name and logo.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: STforLife on July 12, 2014, 02:23:52 PM
MP3 very bad sound... FLAC very good sound. But you know that thing about the vinyl, right?


I see Bitcoin more like CD in 1990.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: LiteCoinGuy on July 12, 2014, 02:35:45 PM
haha, nice story  :D

BTC will be so easy or invisible in some years that even the average joe will use it.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: zeetubes on July 12, 2014, 02:40:15 PM
Anyone who's ever written a song (or software or a movie script or a book etc) and gone through the expense of recording it, mixing it and marketing it will probably have a slightly different perspective on how cool it is for the everyday Joe to download stuff for free. :) But it is inevitable. I never bother to buy anything virtual anymore except when I go to see a movie. Which is fine, because people will still need to buy food, clothes, cars, computers, phones and housing etc. But when those items are in turn made by robots or 3d printers, I think 50% unemployment is a very conservative estimate. Prior to the MBA and modern economics, people used to enjoy spending money on things. Now we want everything for free but it is also killing the economy.  Just my two cents worth but I'll give it to you for free this once.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: Baitty on July 12, 2014, 02:45:12 PM
haha, nice story  :D

BTC will be so easy or invisible in some years that even the average joe will use it.

Before that happens. we need it to be taught in schools.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: rograz on July 12, 2014, 08:36:45 PM
Did compressing the MP3s actually save any space? MP3s use lossy compression so zipping shouldn't be all that effective, if at all.

Back then every kilobyte was precious, I remember compressing/uncompressing my installed games just so I could have as many as possible "installed" at once.


Title: Re: Bitcoin now is like MP3s were in 1995..
Post by: DannyElfman on July 12, 2014, 10:12:51 PM
The only difference is that mp3s will probably be replaced by something better. but Bitcoin will not.

Bitcoin is too young to state definitively that it will not be replaced by something better. Replaced as what, the cryptocurrency that kickstarted a new financial paradigm, sure.

Bitcoin is not the be-all and end all of cryptocurrencies. It is up to the Bitcoin Core Dev team to ensure that Bitcoin improves, while it is up to other developers to create applications and systems to better integrate the use of Bitcoin into the lives of the every day person.

The mp3 format has stood the test of time so far, and it fills a nice space within the area it operates within. If anything you may find mp3s dropping off over time due to the size of telephone memory, Internet connection speeds etc.
The Bitcoin protocol can be changed as necessary to adopt to the evolving marketplace and technology.