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Author Topic: is the "internet industry" opposed to bitcoin?  (Read 2761 times)
waspoza
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July 11, 2012, 03:37:06 AM
 #41

Written in 1995:
http://www.thedailybeast.com/newsweek/1995/02/26/the-internet-bah.html

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The truth in no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works.

For every action you make, you find resistance. It's called fear. Everybody has a different mindset and have a different level of courage. It takes hard work to change your view on the world. Especially when something you can't imagine happens.

I mean, some people still believe that the world has been made 4000 years ago by a ghost. Some people take a long time understanding new things...if they understand it.

Great article. Its the same thing all over again, but with bitcoin. People just dont understand it and dont realize its potential.
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Timo Y
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July 11, 2012, 03:08:17 PM
 #42

The "internet industry" is a bit like the Wild West.  The frontier, which is still advancing into unknown territory, attracts the adventurers, visionaries, and outlaws.  But the further "East" of the frontier you move, the more conservative and risk-averse people become, the more regulated and tamed the industry becomes. 

The internet industry has been around for almost 20 years which is a century in IT.  Old, established players such as PayPal and Amazon are dinosaurs by now and probably not as eager for "disruption" and "embracing the new" as their reputation suggests.  Some people who themselves lived at the frontier when they were younger are now terrified by the scary stuff going on at the new frontier.

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July 11, 2012, 04:18:34 PM
 #43

i'm not exclusively talking about the attitudes of older, more entrenched players here.
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