Bitcoin Forum
May 28, 2024, 12:59:50 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: What if Bitcoin was founded in the olden days!!  (Read 182 times)
BIT-BENDER
Hero Member
*****
Offline Offline

Activity: 1540
Merit: 702



View Profile
April 09, 2023, 06:37:06 PM
 #21

Am surprised you have been in Crypto-currency even if it’s a day and not known that crypto-currency is simply digital finance, and in your own imagination how would that have existed in those days.

The properties that would require Bitcoin to exist wasn’t around those day, how about the mining process, now if you not mining with sophisticated computers you would not stand the competition, I see the technological aspect of Crypto-currency in general even evolving further.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
JamesBorn
Member
**
Offline Offline

Activity: 84
Merit: 18


View Profile
April 09, 2023, 06:51:58 PM
 #22

Bitcoin exist as a result of modernization and technology, in the olden days there is no record machines that stores records and that's means there was no way any coins could reach the world not to talk of trading.

All the coins you mentioned are ancient money biblically which it do not exist again after Jesus leaves the earth. Dude, bitcoin actually exist at the right time because Satoshi and his colleagues were formally educated and they were able to build digital coins systems that reaches the world.
nakamura12
Hero Member
*****
Offline Offline

Activity: 2282
Merit: 669


View Profile
April 09, 2023, 06:56:51 PM
 #23

If Bitcoin and other cryptocurrency existed in the old days then anyone who knows or discover what it is made from then they can duplicate it and that's the difference between the old days and present because we have technology that the old days doesn't have and it also make it hard for people to duplicate Bitcoin. In the old days, I can only imagine that if cryptocurrency exist in the old days then it is much the same as gold where anyone can own gold and its value also change depends on supply and demand. However, there might be a group of people or an organization that will take control of the place where people can mine gold and will be able to manipulate the price of gold or its value.

If you make a list about the similarities of Bitcoin and gold then you'll understand what I mean on what it's like if crypto currency existed in the old days although we know Bitcoin may be a little bit the same as gold but there are things that makes Bitcoin different from gold or even fiat currency.
sokani
Sr. Member
****
Offline Offline

Activity: 546
Merit: 436


View Profile WWW
April 09, 2023, 08:12:50 PM
 #24

I am not sure if it is even wise to engage in discussions about topics that seem nonsensical.

To begin with, Bitcoin's existence in the past would have been impossible due to the lack of essential technologies such as the internet and computers. Without these technologies, the digital world that Bitcoin thrives in would not have existed. Secondly, the financial and economic systems of the past, which relied on physical commodities like gold and silver for currency, were vastly different from the digital world of Bitcoin.
You just hit the nail on the head. The olden days lacks the infrastructures and technological tools for bitcoin to flourish. If it were in the ancient days how would people be able to mine bitcoin? No computer and no internet? The OP should be aware that bitcoin is a digital coin and we've progressed from the stone age, iron age to the computerized age.
Edcrypto91
Jr. Member
*
Offline Offline

Activity: 38
Merit: 12

You are an anonymous friend if you promote Bitcoin


View Profile
April 09, 2023, 10:20:02 PM
 #25

Your point seem out of place mate
Technologies of this present generation were of no doubt not in existence in the primitive era as well as the knowledge bounding digital currencies therefore it is not possible for Bitcoin to even exist if it's knowledge which includes the technology supporting it doesn't exist.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!