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Author Topic: Who predicted Bitcoin?  (Read 2200 times)
Bitatoes
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June 06, 2011, 09:58:38 PM
 #1

Did anybody predict a bitcoin type system before it was technologically possible?

And similarly, does anybody now have any idea of how a currency could be more pure then bitcoin if only we had the technology?


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June 06, 2011, 10:01:20 PM
 #2

1. find vague reference to anything bitcoin related
2. post on forums
3. Huh

gogogogoogogogo

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June 06, 2011, 10:05:43 PM
 #3

nick szabo.
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June 06, 2011, 10:06:35 PM
 #4

Nostradamus did. Bitcoins can be made more pure if you decanter them a few times.

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June 06, 2011, 10:07:40 PM
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And similarly, does anybody now have any idea of how a currency could be more pure then bitcoin if only we had the technology?

True anonymity.

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June 06, 2011, 10:19:40 PM
 #6

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And similarly, does anybody now have any idea of how a currency could be more pure then bitcoin if only we had the technology?

True anonymity.

See https://blindbitcoin.com/ or http://bitcoinlaundry.com/ , but would these sites not be illegal if you consider its laundering activities? 

Does http://www.bitcoin.org/ provide any anonymity?

Disclaimer:  Postings of Cloud9 are only individual views of opinion and/or musings and/or hypothesisses.  On a non-authoritative, peer-to-peer public forum, you do not need permission from Cloud9 to derive your own conclusions or opinions, so please do.  Calculations and assumptions to be verified.
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June 06, 2011, 10:36:40 PM
 #7



Does http://www.bitcoin.org/ provide any anonymity?

No, none at all.  If you wanted anonimity, you shouldn't have come here.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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June 06, 2011, 10:45:37 PM
 #8

nick szabo.

+1

wei dai implemented a version of nick's vision.  but it took several years later for the pieces to all come together by satoshi

http://unenumerated.blogspot.com/2011/05/bitcoin-what-took-ye-so-long.html

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Stephen Gornick
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June 06, 2011, 10:49:53 PM
 #9

Did anybody predict a bitcoin type system before it was technologically possible?

Well, Zooko (creates Tahoe-LAFS) wrote:

Quote
Decentralized Money
Zooko, 26 January 2009 (created 26 January 2009)
tags:
politics and economics
tahoe-lafs
privacy and openness
cryptography
computer security and reliability
I've been spending a little bit of time thinking about how gaming services like World of Warcraft and (don't-call-it-a-gaming-service) Second Life have succeeded where we at DigiCash failed — convenient, widely-used, programmable digital cash. A problem is that each of these new currencies are centrally controlled by one entity. This limits the scope of who will rely on that currency and how much value they will risk on that currency. There are ideas floating around about how to facilitate transactions between currencies, but this would not solve the problem. A plethora of competing centralized services is not the same as a decentralized service. Even if it were cheap and convenient to trade some LindenBucks for some WoW Gold, this would only lead us back to the equivalent of the modern nation-state currencies: mostly centralized (because of the Network Externality), heavily taxed/regulated/manipulated, and prone to disastrous failure. What I want is a currency which everyone can cheaply and conveniently use but which no-one has the power to manipulate. No-one has the power to inflate or deflate the currency supply, no-one has the power to monitor, tax, or prevent transactions. Truly the digital equivalent of gold, during the times and places when gold was the universal currency. See the BitGold idea by Nick Szabo and b-money idea by Wei Dai, and recent effort to actually implement something along these lines: BitCoin by Satoshi Nakamoto.

  - http://x.co/XbWm


Then Nick Szabo's recent article where he discusses BitGold and Bitcoin:
Quote
only a few people had read of the bit gold ideas, which although I came up with them in 1998 (at the same time and on the same private mailing list where Dai was coming up with b-money -- it's a long story) were mostly not described in public until 2005, although various pieces of it I described earlier, for example the crucial Byzantine-replicated chain-of-signed-transactions part of it which I generalized into what I call secure property titles.
- http://unenumerated.blogspot.com/2011/05/bitcoin-what-took-ye-so-long.html


dissipate
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June 06, 2011, 11:06:58 PM
 #10

I didn't predict Bitcoin, but I did predict an Internet based monetary revolution: http://www.anti-state.com/article.php?article_id=433

I just thought it would have been gold backed digital currencies like e-gold. Bitcoin or other decentralized cryptocurrencies beat those by far though. It looks like the monetary revolution is under way!
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June 07, 2011, 12:14:39 AM
 #11

I didn't predict Bitcoin, but I did predict an Internet based monetary revolution: http://www.anti-state.com/article.php?article_id=433

I just thought it would have been gold backed digital currencies like e-gold. Bitcoin or other decentralized cryptocurrencies beat those by far though. It looks like the monetary revolution is under way!

Cool, I used to read anti-state.com when I was still figuring out my political orientation.

"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
dearbesz
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June 15, 2016, 03:13:30 AM
 #12

no one knows who predicted Bitcoin...

But i read in the book of bible in Revelation im just not exactly sure
what verse in revelation and chapter, it says that before the second coming of Christ
there will be one currency that can use all over world and then money will no longer be useful Grin
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June 15, 2016, 03:34:07 AM
 #13

i dont know but I heard that there is some persons who predicted bitcoins. But I dont believe on predictions after all whats more important is that we have a bitcoins right now.

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June 15, 2016, 03:47:53 AM
 #14

The real question is "who predicted utilizing a medium of exchange outside of government intervention".

I jest, but thats one of a multitudes of ways in which to interpret your question. If thats the case, one needs to understand politics and when was the first established political environment in mankind. Then realize that medium of exchange happened way before that.  Wink

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7788bitcoin
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June 15, 2016, 03:59:41 AM
 #15

no one knows who predicted Bitcoin...

But i read in the book of bible in Revelation im just not exactly sure
what verse in revelation and chapter, it says that before the second coming of Christ
there will be one currency that can use all over world and then money will no longer be useful Grin

Maybe you are referring the the verses in Revelation Chapter 13: 16-17...

"16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name."

However, until the time comes, we can't be sure if these verses are really referring to the the digital currencies...

TheMage
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June 15, 2016, 04:40:27 AM
 #16

no one knows who predicted Bitcoin...

But i read in the book of bible in Revelation im just not exactly sure
what verse in revelation and chapter, it says that before the second coming of Christ
there will be one currency that can use all over world and then money will no longer be useful Grin

Maybe you are referring the the verses in Revelation Chapter 13: 16-17...

"16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name."

However, until the time comes, we can't be sure if these verses are really referring to the the digital currencies...


My argument predates the bible Wink

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June 15, 2016, 06:28:04 AM
 #17

no one knows who predicted Bitcoin...

But i read in the book of bible in Revelation im just not exactly sure
what verse in revelation and chapter, it says that before the second coming of Christ
there will be one currency that can use all over world and then money will no longer be useful Grin

Ezekiel 7:19
Quote
They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

Revelations 13:16-17
Quote
And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

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June 16, 2016, 12:17:21 PM
 #18

alot of people ae predicting bitcoin. i am confused what should i do. eveyone has its own predicitoin. they giving different views about bitcoin.
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June 16, 2016, 12:59:56 PM
 #19

It depends how far back you're talking but it is definitely possible that there were other people who envisioned something along the lines of Bitcoin (as in digital currency) in the past 50 years. People were already experimenting with digital currencies in the nineties. The concept behind the blockchain itself is even more fundamental, I wouldn't be surprised if people already thought of similar systems 100's of years ago.
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June 16, 2016, 03:20:23 PM
 #20

no one knows who predicted Bitcoin...

But i read in the book of bible in Revelation im just not exactly sure
what verse in revelation and chapter, it says that before the second coming of Christ
there will be one currency that can use all over world and then money will no longer be useful Grin

Ezekiel 7:19
Quote
They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

Revelations 13:16-17
Quote
And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

It's interesting how people read things into the text that are not actually there. The passage in Revelations speaks of a mark. It does not say that the mark _is_ money or anything of the sort. Much less that it refers to a microchip or digital currency or any of the wild speculations people bring upon it. It just specifies that people would be marked, and the mark will be a requirement to engage in transaction activity. Bitcoin doesn't involve such a mark in any way, shape or form. So there is simply no relationship between bitcoin and this passage. Note that the passage also doesn't require there to be only one currency. There could be many currencies, so long as they were all using the same mark as a control mechanism.

Luke 12:15-21

Ephesians 2:8-9
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