Everyone wants Bitcoin to be the Hundredth Monkey effect

Xenland (OP)

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Everyone wants Bitcoin to be the Hundredth Monkey effect

April 29, 2012, 11:37:15 PM

#1

I wish someone would have told me there was a name for this.
http://en.wikipedia.org/wiki/Hundredth_monkey_effect

herzmeister

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Re: Everyone wants Bitcoin to be the Hundredth Monkey effect

April 30, 2012, 12:04:53 AM

#2

no remote island required though Cheesy

https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB

cbeast

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Re: Everyone wants Bitcoin to be the Hundredth Monkey effect

April 30, 2012, 12:38:07 AM

#3

Quote from: Xenland on April 29, 2012, 11:37:15 PM

I wish someone would have told me there was a name for this.
http://en.wikipedia.org/wiki/Hundredth_monkey_effect

It's not really true. Bitcoin is a paradigm shift, not a simple learned skill anyway. It will take making Bitcoin very simple and secure even for monkeys to use before most people will be able to.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.

beckspace

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Re: Everyone wants Bitcoin to be the Hundredth Monkey effect

April 30, 2012, 12:48:13 AM

#4

Monkeys Use Money to GAMBLE and Buy PROSTITUTES!

OMG!! It's happening! Shocked

Phinnaeus Gage

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Re: Everyone wants Bitcoin to be the Hundredth Monkey effect

April 30, 2012, 01:22:51 AM

#5

Quote from: beckspace on April 30, 2012, 12:48:13 AM

Monkeys Use Money to GAMBLE and Buy PROSTITUTES!

OMG!! It's happening! Shocked

Big hairy deal! It'll be eons before any monkey will be voted in as Head of State, with or without a MonkeyPAC.

Seriously...no, seriously...

Quote from: cbeast on April 30, 2012, 12:38:07 AM

Quote from: Xenland on April 29, 2012, 11:37:15 PM

I wish someone would have told me there was a name for this.
http://en.wikipedia.org/wiki/Hundredth_monkey_effect

It's not really true. Bitcoin is a paradigm shift, not a simple learned skill anyway. It will take making Bitcoin very simple and secure even for monkeys to use before most people will be able to.

In order for that paradigm shift to be accepted, you need to influence the minds that drive the current model. To do so, Bitcoin needs an IdeaVirus.

~Bruno~

cbeast

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Re: Everyone wants Bitcoin to be the Hundredth Monkey effect

April 30, 2012, 01:41:09 AM

#6

Quote from: Phinnaeus Gage on April 30, 2012, 01:22:51 AM

In order for that paradigm shift to be accepted, you need to influence the minds that drive the current model. To do so, Bitcoin needs an IdeaVirus.

They have a vaccine for that.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.

Phinnaeus Gage

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Re: Everyone wants Bitcoin to be the Hundredth Monkey effect

April 30, 2012, 01:51:18 AM

#7

Quote from: cbeast on April 30, 2012, 01:41:09 AM

Quote from: Phinnaeus Gage on April 30, 2012, 01:22:51 AM

In order for that paradigm shift to be accepted, you need to influence the minds that drive the current model. To do so, Bitcoin needs an IdeaVirus.

They have a vaccine for that.

Please, don't tell her that. https://bitcointalk.org/index.php?topic=78005.msg869642#msg869642

realnowhereman

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Re: Everyone wants Bitcoin to be the Hundredth Monkey effect

May 01, 2012, 12:28:49 PM

#8

Quote from: Xenland on April 29, 2012, 11:37:15 PM

I wish someone would have told me there was a name for this.
http://en.wikipedia.org/wiki/Hundredth_monkey_effect

Nope.

The name for the effect we want in bitcoin is the network effect.

The hundredth monkey effect is a now-discredited report of, essentially, a psychic link between monkeys on physically separated islands.

For their to be a hundredth monkey effect with bitcoin there would have to be another planet with no means of communication with this one simultaneously implementing Bitcoin -- literally Bitcoin, not some independently created cryptocurrency.

1AAZ4xBHbiCr96nsZJ8jtPkSzsg1CqhwDa

Phinnaeus Gage

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Re: Everyone wants Bitcoin to be the Hundredth Monkey effect

May 02, 2012, 04:49:57 AM

#9

Quote from: realnowhereman on May 01, 2012, 12:28:49 PM

Quote from: Xenland on April 29, 2012, 11:37:15 PM

I wish someone would have told me there was a name for this.
http://en.wikipedia.org/wiki/Hundredth_monkey_effect

Nope.

The name for the effect we want in bitcoin is the network effect.

The hundredth monkey effect is a now-discredited report of, essentially, a psychic link between monkeys on physically separated islands.

For their to be a hundredth monkey effect with bitcoin there would have to be another planet with no means of communication with this one simultaneously implementing Bitcoin -- literally Bitcoin, not some independently created cryptocurrency.

Excellent reply, rnm! http://en.wikipedia.org/wiki/Network_effect