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Author Topic: INTERNET = BITCOIN?  (Read 2840 times)
prabowo499 (OP)
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July 31, 2018, 04:08:07 PM
 #1

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
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August 01, 2018, 02:15:57 AM
 #2

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.
...

I feel quite reasonable about the interesting sharing of Mr. Kelly (a founding executive, CEO of BKCM LLC). He believes that the explosive growth of the Internet, in the future Bitcoin will be so. He believes that the future of these coding currencies will be similar to the impact of the Internet today.
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August 01, 2018, 02:24:24 AM
 #3

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

bitcoin will never be currency of the internet, its already not functioning as a curency for a small community it has, its broken its a tool for speculation that causes fears among banksters. and old people that think the world is drifting appart.

interest based game theory basically reassures that bitcoin will drop its popularity, world changes, not in the interest of many to support a certain cryptosect.

it will be the problem of bitcoin and its centere (miners, and owners, and media outled owners) to propagate it.

but given the huge amount of coins in reality that will exist. i doubt you will keep the attention you currently have.

regards

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August 01, 2018, 02:27:35 AM
 #4

I think the nature of the internet and bitcoin is the same.

Kelly compared Bitcoin to the early Internet companies of Cisco and Microsoft, considering the similarities between Bitcoin and Cisco's routers and Internet protocols. However, Kelly emphasized that it is not right to think of Bitcoin as a company or a stock:
      "This is an open source software, you can not think of it as a company, and people make a mistake about it. This is not a stock, it's not a company."
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August 01, 2018, 02:31:34 AM
 #5

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.
...

I feel quite reasonable about the interesting sharing of Mr. Kelly (a founding executive, CEO of BKCM LLC). He believes that the explosive growth of the Internet, in the future Bitcoin will be so. He believes that the future of these coding currencies will be similar to the impact of the Internet today.

There are a lot of people visiting regularly the internet, it may be their job or just a way to pass time or maybe they needed something. A lot of people got addicted to it since you can do whatever you want from it unless some sites are banned at you.

You can follow people, you can stalk some celebrities and you can even talk to them. It may not give the service as the same as Bitcoin but in the future payment will be the same, but the thing is it may not be Bitcoin.
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August 01, 2018, 02:40:00 AM
 #6

i don't even know why you thought it is a good idea to compare two things that are very different! your comparison is like saying my new Porsche is equal to the road! Porsche is the vehicle which was made to use the road to move around. bitcoin is also the tool that was made to use the internet to perform.

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August 01, 2018, 02:52:33 AM
 #7

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

bitcoin will never be currency of the internet, its already not functioning as a curency for a small community it has

Because of volatility it is difficult to use as a currency. This single sentence though answers the problem of the volatility. You are right, its a small community and that's why its not functioning as a currency, as it is way too volatile. Obviously it will be less volatile as the market grows. It is already significantly less volatile than what it was a few years back.


fears among banksters. and old people that think the world is drifting appart.

Banksters are powerless and as for old people, i'm not sure what that has to do with anything. It should be advised that you absolutely should not and cannot listen to older people (67+) about anything in the technology sector. It is just far too alien, and they would not have accurate advice for it.

interest based game theory basically reassures that bitcoin will drop its popularity, world changes, not in the interest of many to support a certain cryptosect.

I don't know what this has to do with Bitcoin exactly. How does game theory reassure that Bitcoin will lose popularity? That makes no sense... If anything, interest in Bitcoin will only increase. Very rarely do new people that enter crypto eventually leave. Most of the time, new crypto users stick around and don't lose interest in the crypto sector. Why? Because it is far too interesting in the first place. If anything, the network effect guarantees Bitcoins usage will increase and in turn, it's price.


but given the huge amount of coins in reality that will exist. i doubt you will keep the attention you currently have.

The huge amount of pointless alts with nil hash rate? Why would they affect the largest crypto network? They are not better than Bitcoin in any way. None of them work, and those that promise to be better, fail spectacularly (See EOS).
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August 01, 2018, 02:56:13 AM
 #8

I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used
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August 01, 2018, 02:58:01 AM
 #9

The bitcoin is really the same as the Internet, and many people doubt that bitcoin is a monetary means designed by the US government for the economy, and I think it is possible.

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August 01, 2018, 03:09:01 AM
 #10

I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used
but in fact that bitcoin can not be used if there is no internet. I think that bitcoin really needs internet. even if there is no internet then bitcoin will die
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August 01, 2018, 03:09:51 AM
 #11

Yes i agree to this opinion.It is seen that a lot of people work over internt regularly.May be they needed something in Internet.. You can follow people, you can stalk some celebrities and you can even talk to them. On the other hand  in the future bitcoin will be payment system in the world : Wink
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August 01, 2018, 03:15:36 AM
 #12

Facebook shares price fell -24% and $180 billion got wiped out of facebook market value. Bitcoin market capitalization is some $180 billion. Bitcoin is not that big.

I don't think OP is mentioning the size of the Internet vs the size of Bitcoin. I think he/she is focusing on the technology it's based on. I agree that it's a pretty thin comparison to be making, but I think there's some truth to it. In particular, the protocols that are open to the public is a decent connection.

The only issue I really have with this is that it's a little too vague. You can say the same thing about numerous services on the web. Alongside that, I think Bitcoin has a while to grow before it's at a spot of comparison to the Internet at all. Might be better to connect Bitcoin to Gold in terms of a holding/asset.

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August 01, 2018, 03:15:47 AM
 #13

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
I think the Internet is quite similar to Bitcoin. It was born and it took a while to prove to the whole world that it was important. Then for a short time, its value was soaring and they called it a bubble. The dot-com bubble has exploded and Cryptocurrency is also. I think it has the same fate and is very valuable in the future.

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August 01, 2018, 03:34:35 AM
 #14

Bitcoin is a big market and will be very successful in the future. my opinion
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August 01, 2018, 03:43:35 AM
 #15

I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used
but in fact that bitcoin can not be used if there is no internet. I think that bitcoin really needs internet. even if there is no internet then bitcoin will die
Without the prescence of interenet bitcoin is useless mate, many transactions will be failing specially the mining operations which carries or handles bitcoin processing. Internet is mainly the life of bitcoin, just like with human beings its by blood that works the body to get life. So Internet serves as the blood of bitcoin that strongly supports its life on the web networks.
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August 01, 2018, 03:50:58 AM
 #16

I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used
but in fact that bitcoin can not be used if there is no internet. I think that bitcoin really needs internet. even if there is no internet then bitcoin will die
Bitcoin requires an internet connection to access the site for use, without internet Bitcoin can not be used and can not work to visit websites related to cryptocurrency.
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August 01, 2018, 03:52:44 AM
 #17

I think bitcoin is not your internet comparison way it is hard to compare, can say bitcoin is part of the internet since there is internet we get bitcoin and know about it.
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August 01, 2018, 04:45:15 AM
 #18

I really don't get your point in doing this thread but if you are comparing the two there are lot of similarities but the two had very different uses, Yes we know that bitcoin needs internet to run, And the vast majority of it was the world wide web and we can see a lot of vast information regarding it, We can say that the internet had made itself with the development of electronic computers in the 1950s and had many information you can find in it and almost all on the people around the world are using right now, For common folks that didn't live in the late 90's it is now very difficult for them without the internet because they sure rely on it almost always, And as bitcoin progresses right now it sure need internet to run on it and we can see a majority of useful thing running on the World Wide Web, So we can say that without the internet there are no Bitcoin that can ever be made.
prabowo499 (OP)
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August 01, 2018, 07:34:16 AM
 #19

I really don't get your point in doing this thread but if you are comparing the two there are lot of similarities but the two had very different uses, Yes we know that bitcoin needs internet to run, And the vast majority of it was the world wide web and we can see a lot of vast information regarding it, We can say that the internet had made itself with the development of electronic computers in the 1950s and had many information you can find in it and almost all on the people around the world are using right now, For common folks that didn't live in the late 90's it is now very difficult for them without the internet because they sure rely on it almost always, And as bitcoin progresses right now it sure need internet to run on it and we can see a majority of useful thing running on the World Wide Web, So we can say that without the internet there are no Bitcoin that can ever be made.
yes your opinion but bitcoin can not be called an asset right? if the asset is real and published form can be accepted by the public. jia bitcoin we want to publish in what way to be accepted by various circles and countries, while yesterday bill gates strongly rejects about bitcoin. what we must do so that all people in the world will accept anything about bitcoin (cryptocurrency) and participate in order to develop the bitcoin (cryptocurrency) on our beloved earth?
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August 01, 2018, 07:51:26 AM
 #20

The two of these are very different. We don't need to compare it. But for me, you can earn bitcoin thru internet because crypto currency requires an internet connection to perform better. The combination of these gives us to earn money.
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August 01, 2018, 08:14:34 AM
 #21

The two of these are very different. We don't need to compare it. But for me, you can earn bitcoin thru internet because crypto currency requires an internet connection to perform better. The combination of these gives us to earn money.

No internet then no bitcoin. This is a one sided view which it's already know for everyone that internet is the most important. There is nothing to argue here at all.
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August 01, 2018, 08:17:31 AM
 #22

Yes, the internet and bitcoin have similar properties, as decentralized technologies with no single point of failure. The internet was actually invented by DARPA in case of a nuclear war to keep communications lines active. Bitcoin similarly is distributed and uses cryptgraphy developed by the U.S. government.
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August 01, 2018, 08:38:20 AM
 #23

I think the nature of the internet and bitcoin is the same.

Kelly compared Bitcoin to the early Internet companies of Cisco and Microsoft, considering the similarities between Bitcoin and Cisco's routers and Internet protocols. However, Kelly emphasized that it is not right to think of Bitcoin as a company or a stock:
      "This is an open source software, you can not think of it as a company, and people make a mistake about it. This is not a stock, it's not a company."

Bitcoin relies in internet so theres no reason for comparison about the two,and even how long bitcoin would go.still this will die without the internet

Then nothing to he in compare,and about the longer this cryptocurrency can stand its the internet to decide
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August 03, 2018, 09:44:09 AM
 #24

Bitcoins and internet has the only similarity of advanced technology use. Both of them are used for completely different reasons and internet is definitely more vast in nature compared to Bitcoin. Bitcoin is a part of digitalization whereas, interne is the digitalization.
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August 03, 2018, 09:59:46 AM
 #25

One thing is sure now we cant live without internet and the bitcoins / crypto. Grin

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August 03, 2018, 02:25:39 PM
 #26

Other than being decentralized I don't really find any similarities between internet and bitcoin. Both of them are used for different purposes and internet is definitely much more vast in nature compared to Bitcoin. Bitcoin is just a drop of a ocean called internet. That is my opinion though.
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August 03, 2018, 05:06:28 PM
 #27

Blockchain technology and industry have made great progress since 2009. Bitcoin and Ethereum have brought about innovative ideas and concepts such as“decentralized currency” and“smart contracts” into the world of blockchain technology. The potential blockchain and cryptocurrency have allowed society to be autonomous and secured. However, performance inefficiency, poor scalability and high technical threshold have limited blockchain technology to only be applied in cryptocurrency trading and exchange. Although many underlying blockchain communities have made tremendous contribution to optimize the technology, blockchain has not yet to be adopted by the mass market like Internet because of the lack of commercial support and weak connection with market. The potential huge market
value of blockchain industry has not been fully recognized
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August 03, 2018, 05:13:03 PM
 #28

Internet is not bitcoin! Why? because in terms of function, usefulness, and purpose are very different. The internet only becomes an intermediary for running bitcoin, not that bitcoin is the internet. Just like you use shoes with socks, They serve to protect the feet, But have a different purpose.

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August 03, 2018, 05:48:00 PM
 #29

Let's look like this. The Internet is a stream of data that is transferred between devices. No matter how. A certain packet of data of a certain size is transmitted over the network. And bitcoin is pure mathematics. How could they even be tied together? The Internet without bitcoin will live forever, but bitcoin without the Internet will die immediately. You've made a very silly comparison.
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August 03, 2018, 05:57:42 PM
 #30

It’s tough to compare between these. I thing these two all totally different topics. But bitcoin depends on internet because it’s a cryptocurrency and depend on online world.
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August 03, 2018, 06:26:49 PM
 #31

One thing is sure now we cant live without internet and the bitcoins / crypto. Grin
You don't know what you can't live without until you try. People are depending more and more on technology, forgetting that in the 60s their parents had a TV and a radio and that was it. No mobile phones, no cable tv, no Internet, no computers, and they were totally fine. If we lost the Internet it would be a shock, but we'd go manage, like an alcoholic manages without a drink. It's tough but it's doable.

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August 03, 2018, 07:46:56 PM
 #32

the argument isn't held properly , you are comparing two different things (apple and orange ) . the two doesn't qualify for a comparison as they aren't equal . Actually , one (bitcoin) is relying on the other one (internet) to even exist .
internet is like the core of everything now and we are just adding stuff onto it .

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August 04, 2018, 04:15:48 PM
 #33

I am sorry but really didn't get your point,  I understand that bitcoin is online based thing but internet and bitcoin these two are very different from each other,  there is no comparison between these two things so we better don't mixed up things like this it will effect on the investors mind
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August 04, 2018, 04:43:30 PM
 #34

I know that bitcoin and internet this two thing works together but they are very different from each other,  I don't think we should try to find similarities between them, bitcoin require internet connection to access it's activities but that doesn't mean they are work policy or protocols are same
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August 04, 2018, 04:47:23 PM
 #35

The internet is a network of global expansions. Through which everyone is connected On the other hand, Bitcoin is the digital currency. Which has the ability to pay. Bitcoin made by Blockchain Technology
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August 04, 2018, 04:48:42 PM
 #36

The Internet is a vast thing to describe as it holds the connectivity and database of almost all people in the world.  Bitcoin is a cryptocurrency which embraces Blockchain technology and uses the internet to operate. If there is no internet, there is no cryptocurrency. If there is no BTC, there is possible to sustain the internet. I assume that explains everything.
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August 04, 2018, 04:55:21 PM
 #37

The bitcoin technology is not yet so large, but the Internet is very similar in technology to bitcoin. In the future, we will discuss Bitcoin on a par with the Internet is 99%.
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August 04, 2018, 05:01:30 PM
 #38

Internet is network system which are connected people in globally. Bitcoin is a digital currency which are capable to payment. Bitcoin are more potential and profitable.
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August 04, 2018, 05:45:48 PM
 #39

Bitcoin is not the internet and internet is not bitcoin.

https://en.wikipedia.org/wiki/Internet, The Internet is the global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link devices worldwide.

https://en.wikipedia.org/wiki/Bitcoin, Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator,

It is clear that your relationship of bitcoin and internet is way beyond layman understanding. Read more to educate yourself.


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August 04, 2018, 05:56:32 PM
 #40

Internet is a technology,  and bitcoin is a electronic cash.
when you need to work bitcoin and discuss bitcoin, when you need internet.
And when you have no internet then you will disconnect the bitcoin.
So internet=bitcoin.
That's it ☺               
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August 04, 2018, 06:54:42 PM
 #41

The internet and the bitcoin only get as similar as it could get on the level it has gotten. The diff between the internet is vast and quite significant. The internet is the vehicular protocol that allows info to be speedily disseminated. Not so with the bitcoin and the blockchain. The internet is centralised and may be monitored by individuals. Not so with the bitcoin. Bitcoin is an instrument (within the community that accepts it) as a means of exchange. The internet is NOT an instrument of payment and/or exchange. The bitcoin fluctuates in price. Not the internet.

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August 04, 2018, 09:43:04 PM
 #42

Bitcoin may not become the currency of the internet but it can be compared to gold, it’s like digital gold. Not everyone understands it and not everyone can afford it. Comparing it with internet doesn't mean anything much to me except the growth. Each has its own different mechanism.
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August 04, 2018, 10:39:52 PM
 #43

Bitcoin is a product of the internet because without the internet I don't believe the activities of bitcoin and that of the Cryptocurrency at large will be succes. Secondly bitcoin has made online business very easy and simple all like the days of PayPal which I believed 90% of us today wouldn't have allowed to transact any business online easily as its now with the used and knowledge of Crypto.
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August 04, 2018, 11:02:13 PM
 #44

Bitcoin is just an invention of blockchain technology which exists in internet for transactions and investment. However, Internet is a much larger aspect of our life, widely used and known worldwide because of its usefulness. Bitcoin lacks these features as of now. But, in future, there's a huge possibility for it to become mainstream.
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August 04, 2018, 11:23:39 PM
 #45

Bitcoin transactions may need the internet to run. But you can't say the internet needs bitcoin to exist. The internet as a conduit has made bitcoin more powerful and impossible to stop but the two are pretty different.
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August 04, 2018, 11:41:38 PM
 #46

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?


Bitcoin need an internet connection to run the transaction fast and reliable. That's why the existence of bitcoin depend on the internet connections as of now. but maybe in the future their is an upgrading process and  development. That's why we need this two as a comparisons in every transaction that we made.

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August 04, 2018, 11:46:58 PM
 #47

Facebook shares price fell -24% and $180 billion got wiped out of facebook market value. Bitcoin market capitalization is some $180 billion. Bitcoin is not that big.

Nobody can't defeat facebook. But as we all know the employees and the CEO  bosses, advertisers only profit from it while the users are giving away there personal data or information for free?! But for bitcoin both users and investor we earn and profit from without spending or giving anything.

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August 04, 2018, 11:54:23 PM
 #48

Bitcoin is not an all crypto. Where are altcoins.
But comparison of Internet with crypto is wrong too. Crypto is just financial part of Internet.
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August 05, 2018, 12:33:34 AM
 #49

Bitcoin is a big part of Internet. But internet is a vast thing. There are lots of things in internet which are as important as Bitcoin. So we can't judge them both together.
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August 05, 2018, 12:48:24 AM
 #50

I think bitcoin is going to lead internet someday. It has that kind of potential. Maybe it will face lots of ups and downs but i believe it will go much further.
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August 05, 2018, 01:07:06 AM
 #51

Bitcoin will need a long time to be stable. It will need a lots of investors. If bitcoin become stable in future then i think it will going to conquer the internet.
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August 05, 2018, 01:19:03 AM
 #52

Facebook shares price fell -24% and $180 billion got wiped out of facebook market value. Bitcoin market capitalization is some $180 billion. Bitcoin is not that big.

Indeed. It's just that last year's bull market brought attention of worldwide governments and average joes. Bitcoin still has lot to grow (and I hope it will!).

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August 05, 2018, 01:26:20 AM
 #53

I don’t think bitcoin and internet are same. To me bitcoin is a tool which is made to use the internet platform.
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August 05, 2018, 01:30:54 AM
 #54

The internet is also good at bitcoin because it is a good process now that we make money or bitcoin because of the internet

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August 05, 2018, 01:39:51 AM
 #55

I in what that agree with this opinion, in fact if nebudet the Internet, and bitcoin too will not become. Although if you make bitcoin a payment system, then the Internet is not really needed.
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August 05, 2018, 01:43:56 AM
 #56

They are not the same, but there are similarities on their concept: internet provides a decentralized network of informations for everyone who have access to it, while Bitcoin provides a decentralized network of transactions; there isn't anyone behind internet and theoretically there isn't anyone behind Bitcoin; internet gives each person a "space" on its network, to expose ideas, services, products, etc... While Crypto-Currency world does the same for those who want to develop their own currencies.

Internet and Crypto-Currency (going beyond Bitcoin) are intrinsically connected and that makes they look very similar in many aspects.

 
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August 05, 2018, 01:45:50 AM
 #57

In my opinion, without internet, bitcoin may not become popular and may not function to it's design using the blockchain technology that needs internet to manage the transaction. Internet is a very important tool for bitcoin to run the crypto market and for the people that is involved in the process. Therefore, internet service is the key factor for the success of bitcoin as a cryptocurrency investment and as a payment system.
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August 05, 2018, 01:51:17 AM
 #58

if you compare this according to the system there may be several things in common, but these are basically two things that cannot be equated, because these are two different things. the internet can live without bitcoin, what about bitcoin ... he won't live without the internet
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August 05, 2018, 01:56:41 AM
 #59

Without internet, bitcoin could not be used. So it’s a part of the internet. Comparing these two things is not right I guess.
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August 05, 2018, 02:09:54 AM
 #60

I think this two had very different uses. So they are not similar to me. Even bitcoin will not exist if there is no internet so we can say it is a part of the internet.
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August 05, 2018, 02:58:57 AM
 #61

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
it's possible of course if bitcoin is directly related to the internet network, because bitcoin uses the development of technology and the development of the times in working and accessing it
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August 05, 2018, 03:16:02 AM
 #62

Without internet, bitcoin could not be used. So it’s a part of the internet. Comparing these two things is not right I guess.

Bitcoin needs internet. It only exists when internet exists so internet is only the way for it to shutdown and lost value. Bitcoin is dependent on internet that is why slow connection of internet won't make you work effectively when you do is trading. Without internet, bitcoin cannot live this far and no one can access on it.

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August 05, 2018, 03:30:33 AM
 #63

These two elements are very closely related, can be imagined if Bitcoin is without internet network. So I agree with the statement that internet = Bitcoin.
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August 05, 2018, 03:58:41 AM
 #64

International Bank for Reconciliation (BIS) has warned that digital currencies like bitcoin could "overwhelm and disrupt Internet" if they continue to grow.
Mr.Mersch claims that digital currencies are "not monetary" and their effects on the real economy are still limited. However, he admits that "this may change" in the future.
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August 05, 2018, 04:16:49 AM
 #65

Strange comparison. You've made an interesting comparison.
Of course, these concepts have similar properties..But still, these concepts are different.
There is a token that is much closer to the Internet. It's an NKN coin.
The Creator of the Internet participated in the development of this project.

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August 05, 2018, 07:09:42 AM
 #66

They Are Different, Never be equated with each other. In terms of usefulness it has also been clearly different. To run bitcoin or do bitcoin transactions is indeed needed by the internet, but that doesn't mean the internet is bitcoin. They are connected to each other to run or process transaction data from people.
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August 05, 2018, 07:22:24 AM
 #67

I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used
but in fact that bitcoin can not be used if there is no internet. I think that bitcoin really needs internet. even if there is no internet then bitcoin will die
Bitcoin is a part of internet which if you don`t have well it`s a loss already for you. Everybody needs internet, because it is the only way we can access and earn bitcoin, for those who really uses cryptocurrency which it really matters.
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August 05, 2018, 07:25:08 AM
 #68

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
There are many individuals going by frequently the web, it might be their activity or only an approach to breathe easy or perhaps they required something. Many individuals got dependent on it since you can do whatever you need from it except if a few destinations are prohibited at you.

You can take after individuals, you can stalk a few superstars and you can even converse with them. It may not give the administration as the same as Bitcoin however later on installment will be the same, yet the thing is it may not be Bitcoin.
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August 05, 2018, 07:37:40 AM
 #69

I can say Bitcoin is  a subset of Internet, that is another equation. Without Internet bitcoins won't be possible and no blockchain transaction will be effected. As internet was scarce at its inception stage but now common to every common man, so will bitcoin be in the near future.

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August 05, 2018, 07:43:10 AM
 #70

I really appreciate your conception because as the whole market of cryptocurrency is based on internet and without it we cannot even think of it so, i fully agree with you.
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August 05, 2018, 08:23:00 AM
 #71

In my understanding, If internet was not invented then there would be no bitcoin. For me, bitcoin's existence is dependent on the internet since it's technology needs internet to run the system. Internet has big contribution to bitcoin's success and therefore, people should be more thankful with the internet technology because we had bitcoin today that people could able to generate and earn profit.
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August 05, 2018, 09:23:25 AM
 #72

I think we can’t say that it was equal because that was two different things even though bitcoin was depending on internet. Bitcoin was nothing and will not exists if there is no internet. No one will recognize it and spread to the whole world without internet. We can’t find information about bitcoin without internet and also bitcoin will die without internet. 

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August 05, 2018, 01:43:36 PM
 #73

"Not only that but bitcoin could end up being even bigger than the internet
in terms of how much this new technology disrupts just about everything
we do.The internet disrupted many things and Tim Draper says that bitcoin
and the underlying blockchain technology could go even beyond that."
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August 05, 2018, 08:21:20 PM
 #74

And the funny thing about that statement the fact that people are resisting and rejecting Bitcoin in the same manner that they have rejected and resisted the internet dominion in the past, but bitcoin will be the winner just the same as Internet is.
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August 05, 2018, 08:26:23 PM
 #75

I think we can’t say that it was equal because that was two different things even though bitcoin was depending on internet. Bitcoin was nothing and will not exists if there is no internet. No one will recognize it and spread to the whole world without internet. We can’t find information about bitcoin without internet and also bitcoin will die without internet. 

Yes, I also think that these are different things. Because bitcoin depends on the Internet, but the Internet does not depend on bitcoin... Undecided
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August 05, 2018, 08:58:02 PM
 #76

Blockchain is the basis of bitcoin digital currency, so if I think with it, the internet allows one to make contact or indirect relationships with other cyberspace communities. Bitcoin is a digital currency that is almost entirely used through the internet.
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August 05, 2018, 09:01:51 PM
 #77

I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used

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August 06, 2018, 04:02:19 AM
 #78

internet and bitcoin are different. maybe we can take an illustration like this. the internet is like a home for every people, and bitcoin is just one person that lives on the internet. without internet, bitcoin and the other online things are not available on the internet and even they do not exist. bitcoin is part of the internet and bitcoin is small pieces on the internet, there are many others like bitcoin that we still don't know and I am sure that in the future, there are many new things that will invent on the internet.
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August 06, 2018, 04:20:35 AM
 #79

INTERNET = Bitcoin, that's right.
because bitcoin without the internet will not be able to be accessed and used.
many countries that say they want to ban bitcoin and break sites that enter bitcoin will never be able to. because if you only block sites that enter bitcoin, there will be other sites that can be used to enter and access bitcoin. if a country breaks the network in the entire country itself there probably will no longer be able to use bitcoin. so the conclusion as long as the internet is still there bitcoin will still be there.
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August 06, 2018, 04:43:15 AM
 #80

Facebook shares price fell -24% and $180 billion got wiped out of facebook market value. Bitcoin market capitalization is some $180 billion. Bitcoin is not that big.
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August 06, 2018, 05:00:55 AM
 #81

I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used
but in fact that bitcoin can not be used if there is no internet. I think that bitcoin really needs internet. even if there is no internet then bitcoin will die
yes that is very true, bitcoin and the internet are different things but without bitcoin the bitcoin internet network cannot be used, so if there is no internet connection bitcoin is useless and will never exist.

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August 06, 2018, 05:09:24 AM
 #82

I can only qualify that with the fact that Bitcoin cannot be operated offline or with the use of internet. But the equation doesn't mean they are equal. But we can see the importance of Internet with Bitcoin operation. Bitcoin is directly correlated with the internet but Internet doesn't depend on Bitcoin.
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August 06, 2018, 05:15:55 AM
 #83

i don't even know why you thought it is a good idea to compare two things that are very different! your comparison is like saying my new Porsche is equal to the road! Porsche is the vehicle which was made to use the road to move around. bitcoin is also the tool that was made to use the internet to perform.

Yeah may be this is the truth. I would never think about the bitcoin and internet comparison because until now I used to think that Internet is platform for the bitcoin through which it gets transferred from one place to another. I always think that if someday internet is vanished then surely bitcoin will be useless. Though it is some sort of chain out there carving through public computers then also it is not connected fully if the internet was not there. Its like the missing piece of equation which is mandatory for the final results. So..!

 
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August 06, 2018, 07:59:10 AM
 #84

When you want to create a transaction in bitcoin, it will need internet connection indeed.
But it doesn't mean bitcoin = internet. Bitcoin is a digital currency which use decentralized system.
The internet just used for broadcasting the tx hash to the nodes.

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August 06, 2018, 09:00:08 AM
 #85

Quite agree with you but not fully because bitcoin is run through internet but and its whole system also rub through internet but it has its own existence and bitcoin and internet is not the same.
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August 06, 2018, 09:16:46 AM
 #86

Bitcoin is available from the internet. Without internet, bitcoin will not exist. And I only find the most similar in both. internet and bitcoin are the two greatest inventions of humanity. Take people to the next level, new era. and the greatness of our species
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August 06, 2018, 09:24:17 AM
 #87

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
I have read the post recently that said, the Bitcoin can be destroyed if Internet will disappear, but for me it sounds hilarious that in our 2018 year internet is able to disappear completely.

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August 06, 2018, 09:26:11 AM
 #88

INTERNET = Bitcoin, that's right.
because bitcoin without the internet will not be able to be accessed and used.
many countries that say they want to ban bitcoin and break sites that enter bitcoin will never be able to. because if you only block sites that enter bitcoin, there will be other sites that can be used to enter and access bitcoin. if a country breaks the network in the entire country itself there probably will no longer be able to use bitcoin. so the conclusion as long as the internet is still there bitcoin will still be there.
Actually the life of bitcoin lies within the internet. Obviously there's an existing bitcoin because of the internet. Basically the power of bitcoin is in the internet for without it there's no bitcoin. We can't have bitcoin if there's no internet so definitely it functions through it. If it's not for the internet we can't be having bitcoin.
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August 06, 2018, 09:29:05 AM
 #89

INTERNET = Bitcoin, that's right.
because bitcoin without the internet will not be able to be accessed and used.
many countries that say they want to ban bitcoin and break sites that enter bitcoin will never be able to. because if you only block sites that enter bitcoin, there will be other sites that can be used to enter and access bitcoin. if a country breaks the network in the entire country itself there probably will no longer be able to use bitcoin. so the conclusion as long as the internet is still there bitcoin will still be there.
We can't deny the fact that the power of bitcoin comes from the internet. Actually without internet bitcoin can't be made for it is product of technology. It's life lies within internet so if the internet will be shutdown then bitcoin will die too. Only the internet can make the bitcoin functional so without it it's obvious that bitcoin is just nothing.

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August 06, 2018, 11:34:40 AM
 #90

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

bitcoin will never be currency of the internet, its already not functioning as a curency for a small community it has, its broken its a tool for speculation that causes fears among banksters. and old people that think the world is drifting appart.

interest based game theory basically reassures that bitcoin will drop its popularity, world changes, not in the interest of many to support a certain cryptosect.

it will be the problem of bitcoin and its centere (miners, and owners, and media outled owners) to propagate it.

but given the huge amount of coins in reality that will exist. i doubt you will keep the attention you currently have.

regards

I disagree with what you say, bitcoin is still the digital currency of the internet though speculative in nature, we use to buy another crypto in the internet. Isn't that a currency should do? To use as a mode of exchange. Even in stocks ttading works the same way. We pay for stocks for a certain amoubt of money. Currency can buy asset and not just only commodities to be consider it as a currency.

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August 06, 2018, 11:47:17 AM
 #91

I think that the Internet bitcoin is very cool and you can earn money if you start to study it well!
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August 09, 2018, 06:16:33 AM
 #92

Brian Kelly, the CEO and founder of BKCM, compared cryptocurrency with the "Internet in the 1980s," in the Trading Block interview, highlighting that Bitcoin (BTC) its initial stage. Kelly also compared Bitcoin to Internet companies such as Cisco and Microsoft for their similarity in Internet routers and protocols. However, according to Kelly, the difference is that Bitcoin is not a company or a stock
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August 09, 2018, 06:29:16 AM
 #93

I think the future of Bitcoin will be like the Internet at present
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August 09, 2018, 06:31:32 AM
 #94

I think that the Internet bitcoin is very cool and you can earn money if you start to study it well!
for me, when I hear the word internet, I also think about bitcoin. it happened because I was looking for bitcoin very often, and my main goal was when dealing with the internet, so I would look for bitcoin. well, I'm very familiar with this.


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August 12, 2018, 10:44:10 PM
 #95

I do not see any attach strings here. It is just coincidence and Bitcoin needs internet to survive and to live. But saying that both of this system are the same is not appropriate. In other thoughts, Bitcoin address can also be generated without internet.
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August 12, 2018, 10:49:32 PM
 #96

Wrong equation bro, bitcoin would rely on the internet to live while the previous do not need the latter to breath..
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August 12, 2018, 10:49:55 PM
 #97

i heard a man say that the bitcoin and blockchain technology is just as the internet is to network. that if you take away the global data accessibility from the internet then it is just like a normal networking and if you remove the security proferred by miners from the blockchain technology then it is just  data base but as long as the immutability is still there it remains blockchain technology.
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August 12, 2018, 10:54:58 PM
 #98

Bitcoin is a big market and will be very successful in the future. my opinion

I agree in your opinion, cause bitcoin from the start it continues growing and increasing the value and bitcoin user it grows it become more progressive and successful and I think the future it become more popular all over the world and accepted in all country it become more successful.
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August 12, 2018, 11:04:40 PM
 #99

I think it is not the right interpretation. Yes internet is the medium in order for the bitcoin to generate. But i do disagree in internet = bitcoin. Because bitcoin is another system it just need internet to be able to use.

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August 12, 2018, 11:12:00 PM
 #100

I think blockchain will have a big role in internet. and blockchain dapps will be the future.
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August 12, 2018, 11:36:03 PM
 #101

Yes there is really no way to use bitcoin without internet but this is really not a problem...The Internet is widely available and we do not need to worry about it

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August 12, 2018, 11:44:14 PM
 #102

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

It's really not possible to compare the two. Better if we relate them.

Bitcoin needs internet to prosper. Without internet bitcoin is nothing simply bitcoin is a digital coin. The primary requirement for bitcoin transation you must have internet connection.

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August 12, 2018, 11:48:07 PM
 #103

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

It's really not possible to compare the two. Better if we relate them.

Bitcoin needs internet to prosper. Without internet bitcoin is nothing simply bitcoin is a digital coin. The primary requirement for bitcoin transation you must have internet connection.

Without internet bitcoin is nothing and you're holdings is worthless if your internet network isn't stable enough to cater all your bitcoun transactions. Most importantly the miners should have strong network communications, because every nodes of a transactions should have an exact performance in handling the fund running through the network. Those requirements is the very most important aspect on bitcoin to run smoothly.
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August 12, 2018, 11:49:07 PM
 #104

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?


As my opinion,  bitcoin needs and internet to run the transaction successfully. Because  bitcoin is a digital money currency that runs to the block chain that needs an internet.
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August 12, 2018, 11:51:13 PM
Last edit: August 13, 2018, 12:14:11 AM by Onecrypto18
 #105

Internet and Bitcoin are not really equal, and there is no need equating the two. Bitcoin is money. Be it digital money or digital currency or whichever you prefer which can be used as a medium of exchange. Internet on the other had is just a network of computers connected together.
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August 12, 2018, 11:58:14 PM
 #106

Bitcoin is similar to the internet. For someone, the internet is not owned by anyone, so anyone can use it at will - there is no gatekeeper. This is also called 'decentralization'. Bitcoin supports 'unlicensed innovation' which allows many people to build companies and applications on the internet so that the product is growing rapidly. Lastly, Bitcoin is interoperable - meaning like email and the internet, my Bitcoin and your Bitcoin all work in the same system, Bitcoin is a global cash transaction, and when viewed from a certain point of view, Bitcoin is the first global currency in the world.
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August 13, 2018, 12:04:53 AM
 #107

I think the nature of the internet and bitcoin is the same.

Kelly compared Bitcoin to the early Internet companies of Cisco and Microsoft, considering the similarities between Bitcoin and Cisco's routers and Internet protocols. However, Kelly emphasized that it is not right to think of Bitcoin as a company or a stock:
      "This is an open source software, you can not think of it as a company, and people make a mistake about it. This is not a stock, it's not a company."
you're right, don't look at bitcoin as a currency or a company, see bitcoin as digital gold.
yes digital gold, just like real gold but this one is in digital form. rather difficult to explain Huh : Smiley
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August 13, 2018, 12:08:48 AM
 #108

technically bitcoin is indeed similar to the internet, no one has bitcoin and anyone can use it. if there is no internet then there is no bitcoin, bitcoin's dependence on the internet is huge.
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August 13, 2018, 12:37:39 AM
 #109

It's true that bitcoin is the same as the internet, because bitcoin is very dependent on the internet. The existence of the internet opens an easy way to invest in bitcoin and maybe if there is no internet bitcoin will not be what it is today because the internet has a big influence on bitcoin. So with the internet anyone can use bitcin.
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August 13, 2018, 12:45:35 AM
 #110

I don't know that bitcoin and internet are same, as I know that bitcoin is work because if internet, without any internet bitcoin can't work, can't send the bitcoin, can't check the balance, and anything else, so internet is like the bitcoin life

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August 13, 2018, 01:37:15 AM
 #111

and BTC will always be there as long as the INTERNET is still there. as a connecting network that is always needed by users. I can't think if there is no internet. thanks
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August 13, 2018, 01:46:38 AM
 #112

At first sight to this equation, the  comparison is obviously not equal of course. But to say that the idea is there but not just shows properly. I get what you want to say that without the use of the internet, there is not access to Bitcoin too, since Bitcoin cannot be generated offline. Internet is the core buddy of Bitcoin.
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August 13, 2018, 01:50:38 AM
 #113

I know bitcoin can be run only if there is internet and that is the reason in virtual money because bitcoin is not fiat money so as long as there is internet bitcoin will continue to exist and develop with increasing trust in bitcoin

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August 13, 2018, 01:50:47 AM
 #114

in my opinion it cannot be equated, because from the point it is different, the internet is a network to communicate with the world, so that everything we can see from the internet, and the internet is a way to do whatever we like in cyberspace. whereas bitcoin is a digital currency, which only lives through the internet, if the internet dies then bitcoin will die, but if bitcoin dies, then there is no effect on the internet ... it looks like you have to learn again, because things that are clearly different cannot be equated .. !!

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August 13, 2018, 02:06:20 AM
 #115

yes I agree btc and the internet are the same as a system created by humans, both of them have the purpose to facilitate human life to be more efficient but what I know for sure, btc requires internet, in the way it works, without the internet it seems impossible to access it, and it becomes important points where btc has not become a global system because in every country there are still areas that have difficulty accessing the internet, and that has become one of the obstacles, there are still many people who do not understand the internet if that is how they understand btc
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August 13, 2018, 02:11:32 AM
 #116

I see what you say looks quite right. But in my opinion, man-made Bitcoin is simply an algorithm, but it's a bit more complex. Seeing Bitcoin as the Internet made me wonder whether Bitcoin was completely dependent on the Internet. We use the Internet to dig, search Bitcoin. Looks like it depends entirely on each other but I do not see that.
I think Bitcoin is completely separate from the Internet.
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August 13, 2018, 02:24:40 AM
 #117

I think Internet and Bitcoin currency are not equal because Internet if without Bitcoin but still Internet will exist but Bitcoin without having an internet then Bitcoin will not exist. Internet was first made to establish communications but Bitcoin was created as purely as an investment to earn more fiat.

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August 13, 2018, 05:49:57 AM
 #118

I don't know that bitcoin and internet are same, as I know that bitcoin is work because if internet, without any internet bitcoin can't work, can't send the bitcoin, can't check the balance, and anything else, so internet is like the bitcoin life

yes, I agree with. bitcoin is only part of the internet and it's not the same. bitcoin can give us a way to make money, but the internet is a way that shows to us that there are many things that can we use to make money. the internet gives us huge information for each way that we use and it depends on us, what way that we want to use to make money. we can use one way to make money, but there is a lot of way that we can use so we can have many sources that can help us to make money.
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August 13, 2018, 05:53:28 AM
 #119

The Internet is the life of Bitcoin, and Bitcoin exists thanks to the internet or local area network. When connected computers create links and create links between devices, they help to develop blockchains, and this initiates the Bitcoin ecosystem. So the Internet is the source of Bitcoin.
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August 13, 2018, 05:57:22 AM
 #120

I really don't understand your point in doing this thread but if you compare the two there are many similarities but both have very different uses, Yes we know that bitcoin needs the internet to run, and most of it is the world wide web and we can seeing a lot of extensive information about it, we can say that the internet has made itself with the development of electronic computers.
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August 13, 2018, 06:31:07 AM
 #121

The Internet is the life of Bitcoin, and Bitcoin exists thanks to the internet or local area network. When connected computers create links and create links between devices, they help to develop blockchains, and this initiates the Bitcoin ecosystem. So the Internet is the source of Bitcoin.



Agree. Another comparison for internet is it's like the land and bitcoin is the car that drives all around that land. Those two things are not equal because is the internet is too big for bitcoin. They both are tools but bitcoin is mainly for transaction.
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August 13, 2018, 06:48:05 AM
 #122

If you are wisely thinker you can use internet for gaining or getting some profit about using bitcoin especially cryptocurrencies,as of now this is what i do now and honestly i already helped my family in our financial problem ,so im glad to have it ,about cryptocurrencies.

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August 13, 2018, 06:52:42 AM
 #123

If you are wisely thinker you can use internet for gaining or getting some profit about using bitcoin especially cryptocurrencies,as of now this is what i do now and honestly i already helped my family in our financial problem ,so im glad to have it ,about cryptocurrencies.
internet is the bloodline of the bitcoin, if we compare to our body. bitcoin Is our part and the internet is the heart. if we don't have an internet, bitcoin would do nothing in the online. we need to have an internet before access any form of cryptocurrency or any coin. also, you can earn bitcoin if you have internet. there are many way to do it. just read in this forum and I am sure you will know it.
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August 13, 2018, 07:18:14 AM
 #124

I'm sure that someday bitcoin will become as popular as an internet, but for this each of us needs to do a great job on ourselves. And understand how promising it is.
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August 13, 2018, 07:33:29 AM
 #125

I think I can not compare the two things. Technologically they may seem close, but in fact we are not talking about the same thing.

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August 13, 2018, 07:51:02 AM
 #126

I think so because the internet is synonymous with bitcoin, because bitcoin is one of the digital currencies that can only be searched with the internet Grin
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August 13, 2018, 08:00:08 AM
 #127

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
I have think at all since bitcoin was comparedcinto internet. I must say that it was connected on it because bitcoin is a digital currencu or n electronic money that can be seen through the help of internet connetion. In this case they are both connected to each other even it is divided in to currency and internet as well. It was the same because you cannot be able to used Bitcoin without any connections in the internet and also without bitcoin internet connections has not have a more value than having bitcoin arround it.

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August 13, 2018, 08:04:28 AM
 #128

There are many who believe that Bitcoin is the next generation of the Internet, and I agree with them. However, Bitcoin has inherited the advancement of science, opening up a new era of cryptocurrency. People still hope for a bright future that Bitcoin brings to the market.
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August 13, 2018, 08:12:47 AM
 #129

If you are wisely thinker you can use internet for gaining or getting some profit about using bitcoin especially cryptocurrencies,as of now this is what i do now and honestly i already helped my family in our financial problem ,so im glad to have it ,about cryptocurrencies.
internet is the bloodline of the bitcoin, if we compare to our body. bitcoin Is our part and the internet is the heart. if we don't have an internet, bitcoin would do nothing in the online. we need to have an internet before access any form of cryptocurrency or any coin. also, you can earn bitcoin if you have internet. there are many way to do it. just read in this forum and I am sure you will know it.

By the time bitcoin not yet exist, Internet already developed In the world. And without Internet connection we can't used bitcoin of course. Bitcoin Is only additional online job and new form of Invesment as well. And throuh this bitcoin forum, we can earn bitcoin by joined bounties or signature and many more.
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August 13, 2018, 08:21:38 AM
 #130

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.
...

I feel quite reasonable about the interesting sharing of Mr. Kelly (a founding executive, CEO of BKCM LLC). He believes that the explosive growth of the Internet, in the future Bitcoin will be so. He believes that the future of these coding currencies will be similar to the impact of the Internet today.

it's possible that will be the truth. Just when you consider how many financial issues crypticurrencies are sorting, the applciations are basically endless. It could grow bigger than internet

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August 13, 2018, 08:23:24 AM
 #131

I think blockchain will have a big role in internet. and blockchain dapps will be the future.
It  should! blockchain is already being integrated into spheres , its good to see change!
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August 13, 2018, 08:27:09 AM
 #132

as long as the internet has potential in business, they will never be destroyed unless destroyed by the effects of world war. in this case bitcoin takes the potential of digitizing and they need each other, the internet has an important role, but on the other hand, they can also disappear at any time due to political factors.
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August 13, 2018, 08:31:13 AM
 #133

If you are wisely thinker you can use internet for gaining or getting some profit about using bitcoin especially cryptocurrencies,as of now this is what i do now and honestly i already helped my family in our financial problem ,so im glad to have it ,about cryptocurrencies.
internet is the bloodline of the bitcoin, if we compare to our body. bitcoin Is our part and the internet is the heart. if we don't have an internet, bitcoin would do nothing in the online. we need to have an internet before access any form of cryptocurrency or any coin. also, you can earn bitcoin if you have internet. there are many way to do it. just read in this forum and I am sure you will know it.

By the time bitcoin not yet exist, Internet already developed In the world. And without Internet connection we can't used bitcoin of course. Bitcoin Is only additional online job and new form of Invesment as well. And throuh this bitcoin forum, we can earn bitcoin by joined bounties or signature and many more.


newly created for this time , i see a lot of use by bitcoin and we all know the use of internet are been used by so many people and some company too. Internet and bitcoin as of now is very useful  thing.
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August 13, 2018, 08:36:59 AM
 #134

As long as the satellite can be maintained properly and there is no major world war going on I'm sure the internet will always be there, with the internet, bitcoin will continue to work well too. Because to be able to transact or anything on bitcoin the most important thing is the availability of the internet.

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August 13, 2018, 08:41:40 AM
 #135

I think Bitcoin is not the Internet, but Bitcoin is run with the help of the internet. so they are not the same, but Bitcoin is very dependent on the existence of the internet as a major supporter of Bitcoin. if the internet doesn't exist I'm not sure Bitcoin can grow as it is now.
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August 13, 2018, 08:56:12 AM
 #136

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
Bitcoin needs internet. It is invented with the aid of the internet. So I think they are not equal. We cannot transact bitcoin or any other crypto currency without the internet.
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August 13, 2018, 10:55:45 AM
 #137

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

Internet is not bitcoin and bitcoin is not internet but when you want to send bitcoin to another address, you need internet to do.
bitcoin is decentralized, thats why it needs internet to run consensus in the network and not only bitcoin, all cryptocurrency work like that.

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August 13, 2018, 10:58:09 AM
 #138

I agree with this opinion. Have seen that a lot of people work on regular internt. Maybe they need something in the Internet. You can keep track of people. Bitcoin will also become popular and come with the Internet due to its versatility and convenience
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August 13, 2018, 11:09:58 AM
 #139

I like btc trading because it takes place from the comfort of your home via the Internet and you have all chances to earn a living with comfort taking not so many efforts. To my mind, it is good chance to earn
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August 13, 2018, 01:58:49 PM
 #140

Bitcoin is a digital currency so Internet is the must required thing for Bitcoin. Internet used as fuel for bitcoin. Many people spend their most of the time in Internet and bitcoin provide them an opportunity to earn money over Internet. Bitcoin is mainly used as a money transferring method and this thing done with the help of Internet. And you can use the facility anywhere anytime with the help of Internet. Bitcoin is mostly used for online shopping and payments.
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August 13, 2018, 02:35:39 PM
 #141

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?




I am agree to your statement that internet = bitcoin because no one can work here in bitcoin if their country does not have internet. I do not know how they say that bitcoin is not internet.

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August 13, 2018, 02:56:03 PM
 #142

I would not put an equalizer between Bitcoin and Internet. Bitcoin is a currency and Internet is a world wide ledger of information about the world.
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August 13, 2018, 02:58:44 PM
 #143

I think this two had altogether different employments. So they are not like me. Indeed, even bitcoin won't exist if there is no web so we can state it is a piece of the web
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August 13, 2018, 03:03:41 PM
 #144

Bitcoin as a means of payment has not yet become commonplace, it will happen a little later.Cryptocurrency will not replace conventional money, it is completely different, they will exist in parallel.

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August 13, 2018, 03:07:19 PM
 #145

I do think that bitcoin is depending on internet, but I also think that another 2018 it is almost impossible to turn off the internet or to make something in order to stop it, it is already unstoppable.
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August 14, 2018, 11:17:03 AM
 #146

The internet has changed the way people live and do business, and is arguably one of the biggest advancements in human history. What many people don’t realise is that the internet we know today might never have happened at all because there were a number of ‘rival’ ‘internets’ being built at that time. These were specific companies that wanted to connect all the computers in the world and share information, but do it on their own system, so that people had to pay to access their own ‘information superhighway’.

in this sense the internet and Bitcoin is similar and are interrelated. Bitcoin can not properly run without the internet, For one, it’s not owned by anyone, so anyone can use it as they please - no gatekeepers. This is often referred to as ‘decentralised’. It also allows for permissionless innovation, and this is the reason why so many people are building companies and applications on top of it and it is growing so fast. Lastly, Bitcoin is also interoperable, Like email or the internet, my Bitcoin and your Bitcoin work on the same system, one big global transaction ledger and, in some sense, the world’s first truly global currency.
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August 14, 2018, 11:23:41 AM
 #147

The nature of bitcoin is like the Internet. Bitcoin transactions will not be exposed. They can not be controlled by banks and world governments. Bitcoin cannot be destroyed. If governments want to destroy bitcoins, they need to destroy the internet first.
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August 14, 2018, 11:32:34 AM
 #148

The internet is the most powerful access in this digital cryptocurrency activities and transactions , without this internet how can people be connected to the bitcoin , so in this business and investment in cryptocurrency ,internet plays a vital role in fullfilling the success.
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August 30, 2018, 10:56:30 AM
 #149

The problem is not just storage capacity, but also processor capacity : Only supercomputers can be fast enough to confirm that Bitcoin transactions are over. Huge masses can "break" and make the entire Internet network paralyzed. Bitcoin is "breaking the internet" very impressive. Should Internet not be equal to Bitcoin.
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August 30, 2018, 11:02:05 AM
 #150

Many still make comparisons between Bitcoin and the Internet. However, Bitcoin should not be compared in the same way. There are no signs of recovery, which is more worrying. The digital age is growing. Hope Bitcoin will regain stability.
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August 30, 2018, 11:05:16 AM
 #151

I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used
Bitcoin is not internet, YES of course, but bitcoin life is depends with internet. Without internet, bitcoin is only sillhoutte. Internet without bitcoin is okay, but internet without the communit, payments, and ecosistem is nothing. SO in the future, we will need cryptocurrency to make the internet more valuable.

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August 30, 2018, 01:47:43 PM
 #152

Bitcoin is very much connected to the Internet, but I think it's better to compare the Internet and blockchain. Blockhain has really great potential.
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August 30, 2018, 03:37:50 PM
 #153

No, I don't agree with you because internet is the way to run and bitcoin has much more feature then internet just like we can invest in bitcoin but not in internet.
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August 30, 2018, 04:01:35 PM
 #154

One thing is sure that BTC has a long history, a coin was born from blockchain and best security available today. Many systems are hacker visited but stays BTC and development. I believe that BTC will become increasingly valuable and extremely expensive in the future
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August 30, 2018, 04:06:45 PM
 #155

Dude! The internet is way bigger than the bitcoin..... The internet for now does not need the bitcoin to live, survive or be relevant. That cannot be said of the bitcoin relative to the bitcoin. the internet has so much force that were it to shut down, life could be thrown back to premedieval times as the world could become chaotic and brought to halt..... Ever thought of how many governments and peoples rely on this vehicle for survival? Your guess is as good as mine

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September 06, 2018, 01:43:15 AM
 #156

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?


Internet is multiple purpose and useful to all things in things in this world start from transportation, communication business and some other applicable related to internet like automatic machine operated by internet all those I've mention are Internet responsibility so all of them are ly provided in every processed. while bitcoin is directly for virtual finance using tangible currency of course override by internet.
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September 20, 2018, 06:03:41 PM
 #157

This is the similarities and work of INTERNET and BTC for me. First, it is both decentralized. Meaning, the data and transaction that are happening in BTC is also happening in the Internet. Second, it is wide range of power and value. BTC was is in the Blockchain also internet has its also a wide range of viewers as it contains all the knowledge in the world. And lastly, it is payments and other kind of selling and trading was happening on this.
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September 20, 2018, 06:27:22 PM
 #158

I can't compare Bitcoin = internet. you can not thinking Bitcoin without internet. internet is lot of advantages. you can using it lot of ways. you can't using Bitcoin transaction  without internet. so you can say,  internet is big sky, and Bitcoin is just star.
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September 20, 2018, 07:09:42 PM
 #159

It's true that Bitcoin does not send any data packet but there is a difference Bitcoin is just another system running on top of the internet and it is not the internet. For example, a shark is one of the organisms in the sea but the charge is not the sea. Bitcoin is not the duplicate of the internet they have introduced a new blockchain technology which clearly shows how the system works. Maybe they are inspired by the internet but this concept was new they have improved it in a large quantity.
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September 21, 2018, 01:43:38 AM
 #160

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

Bitcoin need internet to running the network indeed, but i think it doesn't mean internet = bitcoin.
Bitcoin is a currency, which is need internet to operates, unlike paper money. That is my understanding about bitcoin and internet.
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September 21, 2018, 03:43:43 AM
 #161

Internet is very important in doing bitcoin work because it requires us to do it online. Therefore, without internet we can not mine bitcoin, bitcoin trading and other bitcoin-related business. Bitcoin also requires internet access which is fast so that it is not interrupted and slow due to weak internet connection.
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September 21, 2018, 04:29:17 AM
 #162

in my opinion bitcoin and the internet do have little in common, but different goals. bitcoin can buy items that provide bitcoin as a means of payment while the internet cannot be a transaction tool. but bitcoin really needs the internet to carry out its activities.
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September 21, 2018, 04:43:20 AM
 #163

without the internet now, We cannot avail the good benefits of bitcoin itself. Which means, both are useful even in any aspects of business internet was too useful even without Bitcoin and we all knew that, right? then, while using bitcoin in every transaction internet has a big role on this situation, due to the transaction will not be complete in the blockchain to convert it into fiat currency if there is no Internet anyway..
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September 21, 2018, 06:18:52 AM
 #164

Yes, the next technology behind the Internet will be technology blockade. And this is already a reality, you just need to wait for the time when the crypto currency will be everywhere
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September 21, 2018, 06:32:22 AM
 #165

No, it's not an equation. It's something you can use because of internet and the blockchain itself in also based on the web infrastructure but in the end for people who can use it's just a currency like many others. Think about credit card system when you tap or swipe your card what's going on behind that - you just don't care and it trasfer money from your account to another.
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September 21, 2018, 06:41:35 AM
 #166

Well, perhaps the equation is perfect insofar as Bitcoin is an online money. We all know that Bitcoin is a digital currency that will only work with the presence of internet. Without which, Bitcoin will become useless. It does not have any hard version that could replace the real digital Bitcoin. If the internet will be gone, so will Bitcoin. So, the pair is like the body and soul.  

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September 21, 2018, 06:46:56 AM
 #167

I will agree with on that because internet is more the life wire of every thing in the world right now , which has also give this Bitcoin we talked about to spread to the world cos with out internet there is no Bitcoin.

Bitcoin will serve same purpose in future as an online mode of payment and investment which will be a big thing people will look up to when dealing online for business and other things, some see it has asset which I believe is true because it value increase based on it's max supply and a decentralized currency.
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September 21, 2018, 06:52:54 AM
 #168

in my opinion bitcoin and the internet do have little in common, but different goals. bitcoin can buy items that provide bitcoin as a means of payment while the internet cannot be a transaction tool. but bitcoin really needs the internet to carry out its activities.
Bitcoin needs internet of course, this two great technologies have their own difference. The purpose of internet is to make transactions and communitcate online while bitcoin used internet to a more faster financial transactions online, and because of this bitcoin and internet have their things in common.
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September 21, 2018, 07:04:46 AM
 #169

Both are very different. But Bitcoin requires internet services to support its performance, this combination is the greatest discovery ever, because it can provide convenience for many people to transact or invest.
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September 21, 2018, 09:35:31 AM
 #170

There is a type of offline wallets are available in markets. so, bitcoin not only equals to the internet.
Ex: Paper Wallet
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September 21, 2018, 09:45:29 AM
 #171

why many people always comparing bitcoin with other, in this thread bitcoin is compared with the internet, in other thread bitcoin is compared with bitcoin cash and the other thread bitcoin is compared with gold, I think bitcoin is work different, its not same each other, so we can't compare bitcoin with other platform or other cryptocurrencies

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October 11, 2018, 04:50:11 PM
 #172

bitcoin is a good coin. Any coin increases the value with time. Today bitcoin is downgraded. It happened over time. This value will rise in the future. Trust in bitcoin. It will rise to a bigger value for the future. bitcoin is the best investment opportunity for investment. This will give you a big profit. You're investing today in bitcoin. You win!
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October 17, 2018, 05:15:41 AM
 #173

In my opinion, the point here is that people are connected with each other it is because of the usage of internet all over the world. This is the medium of communicating people around the world. So with regards to bitcoin, investors are getting involve and being connected by the use of blockchain technology. Transactions are made with internet connections.

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October 17, 2018, 05:35:16 AM
 #174

Bitcoin is a tool of transaction or payment instrument in the digital world of the internet, while the internet is a broad knowledge of today's technology in electronics. The world of the internet can cover a wide variety of fields and has many pros and cons that are capable of reaching the public.
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October 17, 2018, 05:39:24 AM
 #175

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

I've also seen comments about the internet going with bitcoin in the past and I fully agree with those comments and later when the internet exploded around the world then that was the chance to put bitcoin elevated to a modern high floor and many other things.

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October 17, 2018, 05:40:31 AM
 #176

Internet history I think crypto emerged as a digital asset that is often debated as a substitute for currency or as an investment product, the internet is successful in the past 10 years and almost all of the world's population uses it because it is easy to facilitate all the activities they do. I am sure the success of the internet will be the success of the cryptocurrency also because the internet will not be separated from crypto for many things such as payment, data processing and many more that will appear in the future

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October 17, 2018, 05:41:31 AM
 #177

I think Bitcoin is not the Internet, I think Bitcoin is part of the Internet which is a merger between the public trust about bitcoin is money and the internet itself is intangible, but it can be used
yes, bitcoin is not the internet, but bitcoin really needs the internet to be used, so bitcoin really needs the internet because if there is no internet maybe bitcoin will die.

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October 17, 2018, 05:49:23 AM
 #178

I don't think it is appropriate to equation internet to bitcoin. The internet is a universal set and blockchain technology is a sub set of the universal set. Bitcoin is also a sub set of blockchain techology. Therefore, bitcoin is no way being equal to the internet or to be compared with. Bitcoin needs blockchain to run and blockchain also needs the internet to also work. To sum up, Bitcoin needs the internet for full function but the internet does not need bitcoin to function.
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October 17, 2018, 06:09:04 AM
 #179

If we compare Internet and Bitcoin then it will not be wrong that Internet is the life for bitcoin and blockchain technology because with out INTERNET bitcoin can be noting it will be just an idea then and Bitcoin can be reach to the last past of the world if there is Internet available.

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October 17, 2018, 06:21:38 AM
 #180

Without the internet we will not know bitcoin, because both of them are created by humans, so that they become dominant and useful for people in this world.
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October 17, 2018, 06:37:01 AM
 #181

Yeah i believe on it bitcoin in on the early stage just like discovery of the internet use on 1995. Bitcoin for now is a good start to invest especially for the long term profit it could be your chances to be bitcoin millionaire someday just buy bitcoin and hodl it believe on it.
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October 17, 2018, 07:04:13 AM
 #182

Without the internet we will not know bitcoin, because both of them are created by humans, so that they become dominant and useful for people in this world.
internet in this case as basis of running of bitcoin. bitcoin is designed for transactions that are transparent and fast, because with a decentralized system. of course btc will shine later as the main choice in transactions
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October 17, 2018, 07:42:00 AM
 #183

I guess when you vaguely look at the characteristics of each, the similarities might show. However, once you closely look at each one, you'll find that they are worlds apart. Yes, one can complement the other, but they are their own thing.
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November 13, 2018, 06:46:11 AM
 #184

Without the internet we will not know bitcoin, because both of them are created by humans, so that they become dominant and useful for people in this world.
The internet is a place for bitcoin to carry out its activities, without  internet the bitcoin will stop. So a country whose communication infrastructure is not good and the internet network is not evenly distributed, bitcoin cannot be used. Because for bitcoin, the internet is a reality that must exist and its speed is adequate.
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November 13, 2018, 07:06:37 AM
 #185

I'm afraid that I don't agree with you. The nature of internet and bitcoin can be the same but the way they operation is completely different
Alright OP just easily conclude that bitcoin and internet are the same since bitcoin was made as a digital currency but it doesn't necessarily mean that it's directly related.

OP should just to clarify it, I mean he surely have some good point but the comparison is nonetheless unacceptable.

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November 13, 2018, 07:13:25 AM
 #186

We will not live without oxygen as well but bitcoin will not work without internet. In this case, I think both have equal role. But I want to thank satoshi nakamoto who That has greatly increased the respect of the internet.
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November 13, 2018, 11:02:20 AM
 #187

nope, Blockchain = Bitcoin, actually. you can send or receive Bitcoin with text messages these days, also with goTenna device (mesh networking devices.)
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November 13, 2018, 01:09:11 PM
 #188

we can use bitcoin if we have internet because bitcoin cannot be far from the internet and is an inseparable entity. Maybe bitcoin won't exist if the internet doesn't exist, for that the internet is the most important part of using bitcoin.
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November 13, 2018, 01:18:31 PM
 #189

Without the internet we will not know bitcoin, because both of them are created by humans, so that they become dominant and useful for people in this world.
in the absence of the internet, we might not be able to invest in bitcoin and we cannot know how it is bitcoin and how it works. and we also cannot learn by opening our minds.
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November 13, 2018, 09:06:12 PM
 #190

Without the internet we will not know bitcoin, because both of them are created by humans, so that they become dominant and useful for people in this world.
Bitcoin won't exist without internet because it is dependent into it. Thanks to the person who discovered internet and to the person who created bitcoin because it gives big contribution in our life. Though we still can live without it, but our life makes more easier and faster using internet. Bitcoin changes our life which give big opportunity to gain better profit and earnings and internet is part of this kind of work.

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November 20, 2018, 03:15:37 AM
 #191

The bitcoin is really the same as the Internet, and many people doubt that bitcoin is a monetary means designed by the US government for the economy, and I think it is possible.
I don't agree with you. Bitcoin is not the same as the internet. It just need the internet to live. The fact is that bitcoin can not live without internet.
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November 20, 2018, 04:26:43 AM
 #192

The internet is able to open opportunities to find out online businesses, this makes us more creative and insightful so that we are able to better explore our potential. The internet introduces us to bitcoin and altcoin so that the internet provides a good way for the future.
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November 20, 2018, 04:34:27 AM
 #193

But of all the differences of them, there's one big thing that separates them apart.

Bitcoin can't live without the internet.

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November 20, 2018, 05:40:29 AM
 #194

Both are in directly relationship and with out internet we will not get these much innovations and modern era will not be flourished like now, while internet makes the world a global village so we an connected with every one though Internet so bringing the world to this position Internet is very key role in reshaping the world and crypto is the new innovations of Internet.

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November 20, 2018, 06:12:46 AM
 #195

But of all the differences of them, there's one big thing that separates them apart.
Bitcoin can't live without the internet.
right, I agree with you. I will not think about that. let's see the price has dropped and you should be prepared to buy and not to miss the price back up when prices decline. opportunities are always there to get a profit, let's take advantage of the opportunity as well as possible.

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November 20, 2018, 06:38:04 AM
 #196

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basically the internet has the same properties with bitcoin
YES, look like the same property, but blockchain need the internet for do something to them chain, if blockchain can use when internet not on, it is good for internet 2.0 on the future

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November 20, 2018, 06:52:36 AM
 #197

Quote
basically the internet has the same properties with bitcoin
YES, look like the same property, but blockchain need the internet for do something to them chain, if blockchain can use when internet not on, it is good for internet 2.0 on the future

Due to the fact that we cannot perform what we wanted to do with our bitcoin, I would say internet is also one of the important thing that matters. Internet is needed inorder for us to keep posted on what is happening now to our crypto world.
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November 20, 2018, 02:23:12 PM
 #198

I can agree with this saying only if we talking about ways this technologies change the world. Internet is a third industrial revolution and blockchain (bitcoin build on it) is a forth one.

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November 20, 2018, 02:34:09 PM
 #199

yes I agree with you, indeed in essence, the internet and bitcoin are interrelated. and whatever happens if there is no internet or other communication network in this world ... it will be chaotic, especially in terms of business, because it is vital to connect with our income.
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November 20, 2018, 03:21:38 PM
 #200

In today's time, the Internet has become a basic feature for the people. Because there are many such people in the world. Who do all their work with the help of the internet. And there is also a work Bitcoin in those things. Bitcoin is such a platform. Which can not run without the help of internet. So I do not think we should compare the Internet and Bitcoin together.

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November 20, 2018, 03:39:03 PM
 #201

Bitcoin is really an efficient, decentralized and moving infrastructure based on protocols open to the public, that why it becomes so popular amoung people that understand its nature
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November 21, 2018, 01:41:19 AM
 #202

Well, this is technically not quite right for me. Bitcoin doesn't mean internet, it is a cryptocurrency.
You need internet to be able to send or receive the coin, at least for now.
We don't know if we manage to find a way using bitcoin without internet in the future.
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November 21, 2018, 02:06:52 AM
 #203

SKYCOIN = INTERNET

people really need to do research. It's good to educate yourself
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November 21, 2018, 02:20:28 AM
 #204

Bitcoin use internet to conduct digital transaction. If there is no internet connection around the world then bitcoin will never be made or invented. In some point, there is no more revolution if there is no bitcoin and blockchain technology. Internet is useless also because all of we can do is to put data in internet. Bitcoin revolves everything and innovate the use of internet.

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November 21, 2018, 02:24:45 AM
 #205

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November 21, 2018, 04:36:20 AM
 #206

I remember people including me have no clue how internet companies like google earn money in early 2000.
I guess they were only run by fund like these days with ICO....

Many internet companies were failed to settle up afterwards and only few companies are now survived and make a big money.
I guess this will also happen to companies dealing with crypto.
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November 21, 2018, 05:31:08 AM
 #207

Bitcoin use internet to conduct digital transaction. If there is no internet connection around the world then bitcoin will never be made or invented. In some point, there is no more revolution if there is no bitcoin and blockchain technology. Internet is useless also because all of we can do is to put data in internet. Bitcoin revolves everything and innovate the use of internet.
internet usage is definitely not going to be far from online business, and nowadays there are so many crypto users who use bitcoin as a profitable business path. well, so when connected to the internet, many people think about bitcoin, and I am one of them.
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November 21, 2018, 05:41:13 AM
 #208

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

bitcoin and internet are both born from the work of someone who is a genius in the field of technology, with the internet we can access information easily, if there is no internet then there is no bitcoin, because bitcoin is only virtual money using the blockhain system using the internet

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November 22, 2018, 02:44:51 AM
 #209

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

Maybe for currently, yes you will need internet to using bitcoin. Except for creating btc address only, you can create it offline and don't need internet.
Bitcoin is a digital currency, it must be used by everyone so the value will sustain through the year. Btc is decentralized because the blockchain database is not centralized, how come you say btc is centralized ?

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November 22, 2018, 05:22:46 AM
 #210

I think the nature of the internet and bitcoin is the same.

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November 22, 2018, 05:58:54 AM
 #211

Internet have changes the whole world and now we see that people are buying crypto this all is possible through Internet and Bitcoin is the largest crypto currency which is used every where and any one can accept it with out any problem i want to keep it for future use and i am not in favor of selling bitcoin.

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November 22, 2018, 06:28:22 AM
 #212

It can simply be put as internet = bitcoin and bitcoin = internet because they need each other to function, without internet you cannot access bitcoin and with bitcoin you can make the internet a better place.
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November 22, 2018, 06:38:49 AM
 #213

I'm waiting on that one reliable crypto that won't depend on the internet to have transactions done!! This would be a tiebreaker for all crypto. From needing a smartphone or computer, to needing Internet access/Data not all crypto is cut for mass adoption, any cryptocurrency that reliably test and functions best without internet would be the next big thing!

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November 22, 2018, 06:39:35 AM
 #214

Bitcoin is often called, "The Internet of Money" in the sense that it is cryptographically backed digital currency. The blockchain protects the data and makes it immutable as a currency or commodity. The Bitcoin Blockchain is the first Blockchain and will forever be known as Bitcoin. It would be smart to invest in it before it goes back up.
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November 22, 2018, 09:05:19 AM
 #215

Both are in directly relationship and with out internet we will not get these much innovations and modern era will not be flourished like now, while internet makes the world a global village so we an connected with every one though Internet so bringing the world to this position Internet is very key role in reshaping the world and crypto is the new innovations of Internet.
Bitcoin and the internet are nearly inseparable. The internet  is here to make working with bitcoin  easier through the help of blockchain technology and the use of smart contract. The internet is really essential for bitcoin to flourish.
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November 23, 2018, 09:37:54 AM
 #216

my opinion is no it is not same bitcoin is a property but internet is way to get that property and make business.
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November 23, 2018, 09:45:01 AM
 #217

yes I agree with you, indeed in essence, the internet and bitcoin are interrelated. and whatever happens if there is no internet or other communication network in this world ... it will be chaotic, especially in terms of business, because it is vital to connect with our income.
The internet and bitcoin are part of interconnected future technologies. the internet will become a platform for future technological
innovations. I don't think that the internet will die someday. so forever bitcoin might stay alive as long as the internet still exists
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November 23, 2018, 10:32:33 AM
 #218

Internet is not bitcoin! Why? because in terms of function, usefulness, and purpose are very different. The internet only becomes an intermediary for running bitcoin, not that bitcoin is the internet. Just like you use shoes with socks, They serve to protect the feet, But have a different purpose.
Right, internet is a bridge to communicate, transact a business to other people or other countries. Internet is very helpful especially in cryptocurrency cause internet is the way to make online investing in bitcoin that's why internet and bitcoin are best partners.

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November 23, 2018, 10:42:35 AM
 #219

Bitcoin and the Internet have a lot of similarities between them, so I can tell you that I am sure that Bitcoin will have the same success as the Internet in its time.

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December 21, 2018, 03:18:55 AM
 #220

Bitcoin use internet to conduct digital transaction. If there is no internet connection around the world then bitcoin will never be made or invented. In some point, there is no more revolution if there is no bitcoin and blockchain technology. Internet is useless also because all of we can do is to put data in internet. Bitcoin revolves everything and innovate the use of internet.
Bitcoin is a digital currency that uses the internet. In a country that is still poor where the internet does not yet exist, the use of digital currency cannot be done. So, the internet is not dependent on bitcoin, but bitcoin can be used if there is internet.
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December 21, 2018, 03:30:44 AM
 #221

Bitcoin and the Internet have a lot of similarities between them, so I can tell you that I am sure that Bitcoin will have the same success as the Internet in its time.

If you will be stating something, make sure you put somd supporting ideas.

How can you say that Bitcoin and the internet have a lot of similarities? You said that they have a lot but even one supporting idea is never stated by you. I only see Bitcoin the same with the internet in terms of the anonimity. You don't really need to compare these two since they are different to each other.
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December 21, 2018, 03:41:20 AM
 #222

I think it seems like that but it seems that if bitcoin without bitcoin internet is not able to do anything, it means there are still differences between the two things where bitcoin cannot move without the internet but the internet can still do without botcoin, because bitcoin is not everyone knowing it like me two years ago who didn't know anything about bitcoin but I already understood what the internet was and how to use it
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December 21, 2018, 03:55:56 AM
 #223

This idea inspires me. And I have another association, once there was a manic gold rush on the internet just like Bitcoin at present, but after the dot.com bubble, the internet eventually ate the world. I think cryptocurrency will follow this.
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December 21, 2018, 06:07:52 AM
 #224

Bitcoin depend on internet network but internet can use for anything. Bitcoin is decentralized digital asset and its need internet for transaction confirmation. But bitcoin different than dot com buble because bitcoin is cryptocurrency that can use for transaction.

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December 21, 2018, 06:42:37 AM
 #225

I'm waiting on that one reliable crypto that won't depend on the internet to have transactions done!! This would be a tiebreaker for all crypto. From needing a smartphone or computer, to needing Internet access/Data not all crypto is cut for mass adoption, any cryptocurrency that reliably test and functions best without internet would be the next big thing!
Lol what you mean is physical crypto?that is not happening because crypto is virtual money and being virtual meaning internet connected so wheres that reliable crypto that won’t depend on internet?

But theres a offline transaction of bitcoin that can be buy or sell,but to use this function it also needs internet so this is impossible
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December 21, 2018, 07:11:56 AM
 #226

i think these both are different and not everyone knows bitcoin as much as internet in today's generation. if we want to enter bitcoin we should need the internet but no need of bitcoin for entering the internet..
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December 21, 2018, 10:15:07 AM
 #227

Bitcoin and the Internet are a unity that cannot be separated, because if we do anything with Bitcoin transactions it is almost certain that we will need an internet network and it is not possible to walk alone. I don't think things need to be questioned.
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December 21, 2018, 11:39:27 AM
 #228

Bitcoin and internet connection two factors depend each other but easily notice that Bitcoin fully depends on internet connection but internet not depend on Bitcoin.

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December 21, 2018, 01:24:33 PM
 #229

Internet connection is very important and very necessary when we are going to join cryptocurrency activities, to have a positive results you must have an excellent internet access , by this way your activities will be very fast in accessing the market or trading sites, so bitcoin can be well achieve with good internet access.

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December 21, 2018, 02:01:05 PM
 #230

a good analysis that their fate will be the same in the future of bitcoin will be a necessity for many people because of the blockchain system which makes all transactions transparent and safe. hopefully in the next few years bitcoin will become the currency used by all people on earth

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December 21, 2018, 05:30:29 PM
 #231

Yes Without internet, bitcoin is not possible in the world and no body can use bitcoin without it. But now one more thing has come in the market that is bitcoinstream which is the best and good thing for crypto world, where without internet, now any body can do bitcoin transaction through the satellite and which is the second option to use for every investors.

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December 21, 2018, 09:39:56 PM
 #232

I think this is not a correct comparison. The Internet is something global that can be used for anything. On the Internet you can learn, watch movies, listen to music, chat and much more. And bitcoin is just part of what you can do on the Internet. The Internet helps to use bitcoin and therefore they should not be compared.

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December 21, 2018, 09:50:51 PM
 #233

Linking the BTC to the Internet is a restriction on its spread
Fortunately, this restriction has been removed and BTC can now be handled without Internet through BlockStream Satellite.
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December 21, 2018, 10:10:36 PM
 #234

I think this is not a correct comparison. The Internet is something global that can be used for anything. On the Internet you can learn, watch movies, listen to music, chat and much more. And bitcoin is just part of what you can do on the Internet. The Internet helps to use bitcoin and therefore they should not be compared.

Indeed. when it comes to internet it is broad to discuss about it. There are lots of thing we can learnt in the internet all of mentioned above is correct. You can do anything in the internet especially in the entertainment. Nowadays, We use internet everyday I think its our hobby to look every minuted to our social media accounts. We can explore more on Internet day by day becausw it can help us to improved not only in knowledge but also in some of our needs.

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December 22, 2018, 12:15:03 PM
 #235

Well in my opinion I agree with your opinion that no internet is the same as there is no bitcoin, and also electricity also affects Bitcoin. Well, without this source, bitcoin will not exist.
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December 22, 2018, 01:38:22 PM
 #236

Well in my opinion I agree with your opinion that no internet is the same as there is no bitcoin, and also electricity also affects Bitcoin. Well, without this source, bitcoin will not exist.

I am of the same opinion as you, indeed, so far the existence is very influential from the internet and electricity. because without these two sources, the bitcoin will not be able to run smoothly.

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December 22, 2018, 02:28:22 PM
 #237

I think the internet and bitcoin have nothing in common at all, not only in their function. Bitcoin has a function that can be used to transact, and it is not owned by the internet. same made by humans, I think that is not a similarity that we do not need to say.
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December 22, 2018, 03:03:01 PM
 #238

Well in my opinion I agree with your opinion that no internet is the same as there is no bitcoin, and also electricity also affects Bitcoin. Well, without this source, bitcoin will not exist.

I am of the same opinion as you, indeed, so far the existence is very influential from the internet and electricity. because without these two sources, the bitcoin will not be able to run smoothly.
the point is bitcoin requires an internet network so things like this shouldn't be debated. which should be discussed is to take advantage of the ups and downs of the market situation to make a profit and be able to survive.
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December 22, 2018, 04:11:09 PM
 #239

Well in my opinion I agree with your opinion that no internet is the same as there is no bitcoin, and also electricity also affects Bitcoin. Well, without this source, bitcoin will not exist.

I am of the same opinion as you, indeed, so far the existence is very influential from the internet and electricity. because without these two sources, the bitcoin will not be able to run smoothly.
yes, internet and electricity are indeed very important for bitcoin, without the internet especially bitcoin it will be difficult for us to be able to access it, so indeed the internet is very important, without the internet maybe bitcoin will not be able to be created before, that's my opinion.

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December 22, 2018, 04:35:34 PM
 #240

Easy to understand, if there is no internet then there is no bitcoin transaction.
Yes, this is the big problem of this currency they are dependant with the connection over the internet.
But once this resolved we will not just go to moon but far away.
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December 22, 2018, 04:56:37 PM
 #241

I prefer Internet =  Money. OP i do not really get the point on comparing bitcoin and internet where in fact both system has distinguish differences and even an average person like me who does not have that knowledge about the technical of INTERNET and BITCOIN but still it is very clear that its functions and purpose of creating both system were intended for different functions and reasons.
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December 23, 2018, 02:31:09 PM
 #242

Without internet we can't use bitcoin for sure or other cryptocurrency even mining and trading. Because in internet that is the way so I start and knowing bitcoin.
The use of bitcoin is totally dependent on the internet but it is not so the other way around. With the internet, I would like to see how people are even going to mine bitcoins in the first place.
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December 23, 2018, 02:42:19 PM
 #243

One thing is sure now we cant live without internet and the bitcoins / crypto. Grin
Right, internet is one of most important thing in the world cause it helps us in our daily lives. It helps us in school, works and businesses too, especially in cryptocurrency. Internet is our bridge to invest and trade in bitcoin because it is digital currency only internet is the way to make transaction in the world of cryptocurrency.
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December 23, 2018, 02:56:37 PM
 #244

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?

Maybe they have some similarities but bitcoin is not exactly as internet because first of all bitcoin or even all the crypto currencies cannot run without the help of internet.  Bitcoin is only part of the internet and maybe dependent on our also. In addition,  if there's no internet maybe crypto currencies are not widely known.
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December 23, 2018, 03:18:06 PM
 #245

Without internet we can't use bitcoin for sure or other cryptocurrency even mining and trading. Because in internet that is the way so I start and knowing bitcoin.
The use of bitcoin is totally dependent on the internet but it is not so the other way around. With the internet, I would like to see how people are even going to mine bitcoins in the first place.

From the beginning everyone who wants to play in the world of Bitcoin already understands that Bitcoin is virtual money that can only be used with an internet network so if there is no Bitcoin the internet will also not exist.
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December 23, 2018, 03:55:37 PM
 #246

I agree with this view of you. Bitcoin and the Internet have a lot of similar attributes but I think the Internet is the center of crypto coins because as everything from crypto is based on the internet, there is a new internet for crypto.
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December 25, 2018, 06:49:07 PM
 #247

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
Your observations are very ok bitcoin and internet has unique similarities without the internet cryptocurrency will be affected negatively and I believed also if not for cryptosystem there are lots of people out there who would not get involved in the internet world like they do now. Finally Internet is equal to Bitcoin because without internet no transaction will take take place.
cetald
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December 26, 2018, 11:59:04 AM
 #248

why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?


The biggest difference between bitcoin and the Internet in this case is that bitcoin develops completely in the information age, when everyone has access to any information. In addition, bitcoin gives everyone the opportunity to invest.

elisabetheva
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December 26, 2018, 01:09:40 PM
 #249

Internet is very different from bitcoin... we can use bitcoin with the help of internet and but bitcoin will not use for internet...
I feel that both of them need each other, that without the internet it is clear that it cannot do any transactions with bitcoin, and vice versa, bitcoin transactions also require an internet network even though it can also be manually.
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December 26, 2018, 01:26:47 PM
 #250

as i know bitcoin need the internet if we want to use it, it means that if we want to check our wallet, send bitcoin, receive bitcoin and sync bitcoin we need an internet, without internet we can't do anything with our bitcoin network

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