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Author Topic: INTERNET = BITCOIN?  (Read 2840 times)
AiBBio
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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.
BigBos
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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 ?

Cryptobiter
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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.
rosemary4u
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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.
darshan331
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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
jake zyrus
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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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