Bitcoin in 19 years

[empoweoqwj]

Bitcoin should be replace by something more useful


 

What's not useful about bitcoins?

He was trolling...

Sorry. Sometimes even a troll slips by me, my eyesight isn't what it used to be 

[nanonano]

I just hope Bitcoin will not have the same fate as Netscape.  

Netscape code is now one of the most important open source code bases out there and it's used to build one of the most popular pieces of software of all time. It has been and still is instrumental to the openness of the Web.

I'm sure all of the code  has been rewritten a couple of times already and the company is long gone... but the Netscape legacy is huge: if bitcoin ever has a shadow that long, it's been a stellar success.

[Buffer Overflow]

Bitcoin might not be around but other electronic currency will, paper money is doomed. If you can combine your wallet with a phone why carry both?

Reminds me of the 'paperless office' ideology that never materialised.

[nate008]

Bitcoin might not be around but other electronic currency will, paper money is doomed. If you can combine your wallet with a phone why carry both?

Cause if your battery dies , you're in big trouble , especially if you're alone away from home.

[Buffer Overflow]

Bitcoin might not be around but other electronic currency will, paper money is doomed. If you can combine your wallet with a phone why carry both?

Cause if your battery dies , you're in big trouble , especially if you're alone away from home.

Or you can't get a signal on your phone.
Cash is very useful and convenient, Bitcoin won't replace it.

[alexeft]

Can anybody here recognize the difference between a protocol and a program?

Netscape was a program, http IS a protocol. Http is still dominant, being upgraded etc.

In the same manner, bitcoin-qt is a program, bitcoin itself IS a protocol.

Still, I'm no future teller.

[Ailure]

Netscape is still alive. It's just that it's modern ancestor have a different name. Mozilla Firefox.

Although yes probably very little of the original Netscape code remains. But nevertheless, the browser didn't die... just the brand.

[empoweoqwj]

I just hope Bitcoin will not have the same fate as Netscape.  

Netscape code is now one of the most important open source code bases out there and it's used to build one of the most popular pieces of software of all time. It has been and still is instrumental to the openness of the Web.

I'm sure all of the code  has been rewritten a couple of times already and the company is long gone... but the Netscape legacy is huge: if bitcoin ever has a shadow that long, it's been a stellar success.

So the netscape code isn't used any more by anyone and its a huge success story. please tell more.

[auzaar]

Most of the people are missing the intent here, missing the bigger picture and discussing protocol vs product etc etc, Point is internet as a concept was derided, no body thought what to make of it and see now, and imagine future!
Anyway read this article from 1995 about why internet will fail http://threewordchant.com/2010/02/24/why-the-internet-will-fail-from-1995/ and compare it to what is being said about bitcoin and crypto-currencies

[empoweoqwj]

Most of the people are missing the intent here, missing the bigger picture and discussing protocol vs product etc etc, Point is internet as a concept was derided, no body thought what to make of it and see now, and imagine future!
Anyway read this article from 1995 about why internet will fail http://threewordchant.com/2010/02/24/why-the-internet-will-fail-from-1995/ and compare it to what is being said about bitcoin and crypto-currencies

I agree there are some parallels. But the birth of the Internet didn't threaten the existence of huge financial institutions. It did threaten corrupt governments but they didn't realize it at the time

bitcoin is a direct threat to government financial control of its people. people in power (banks, governments) do not just give up.