soulripper
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September 21, 2018, 03:43:43 AM |
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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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coinsycrip09
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September 21, 2018, 04:29:17 AM |
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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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thunderbitz2717
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September 21, 2018, 04:43:20 AM |
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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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Goldenmoll1988
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September 21, 2018, 06:18:52 AM |
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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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spadaccino
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September 21, 2018, 06:32:22 AM |
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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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Getmon
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September 21, 2018, 06:41:35 AM |
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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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Msworld83
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September 21, 2018, 06:46:56 AM |
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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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crzy
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September 21, 2018, 06:52:54 AM |
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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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CrimBit
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September 21, 2018, 07:04:46 AM |
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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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foneex
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September 21, 2018, 09:35:31 AM |
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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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gesdan
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September 21, 2018, 09:45:29 AM |
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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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lions99_SL
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October 11, 2018, 04:50:11 PM |
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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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zoeylee
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Semi-Decentralized Exchange
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October 17, 2018, 05:15:41 AM |
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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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Siti Nurbaya
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October 17, 2018, 05:35:16 AM |
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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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memecoin
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October 17, 2018, 05:39:24 AM |
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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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hermankoles
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October 17, 2018, 05:40:31 AM |
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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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kiemponxs
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October 17, 2018, 05:41:31 AM |
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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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kvipcn
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October 17, 2018, 05:49:23 AM |
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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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musharaf
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October 17, 2018, 06:09:04 AM |
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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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dmty.0809
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October 17, 2018, 06:21:38 AM |
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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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