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Author Topic: INTERNET = BITCOIN?  (Read 2840 times)
lungu113
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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.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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iotarocket
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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
angelfaria
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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.
ZainSpider
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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.
tongkt1992
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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
sormin
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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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Gabri
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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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mikyadel
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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
WolfRisk
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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
BTCPair1000
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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
cryptosmith03
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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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Khan Apon
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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.
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