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re: The Guardian: 1981 News Report on the Future of the Internet
Posted on 2/5/14 at 12:45 pm to joshnorris14
Posted on 2/5/14 at 12:45 pm to joshnorris14
When people talk about "new" technologies in a manner that demonstrates their inability to get past the technology's current limitations always makes me laugh.
Here is another great article written by Clifford Stoll in 1995. Even in 1995 people had trouble comprehending the possibilities of the internet.
LINK
I find it funny that currently people are saying similar things about digital currencies and 3D printing as they did about the internet.
I don't know that Bitcoin will be the future, but the technology behind Bitcoin most certainly will. What will be interesting to see is if Bitcoin and other digital Currencies will be able to survive when JP Morgan and eventually other banks implement their own payment networks utilizing the same type of technology. Additionally, it will be interesting to see if these exchanges will be able to get over the regulatory hurdles that will most certainly be increasing over the next year or two.
Here is another great article written by Clifford Stoll in 1995. Even in 1995 people had trouble comprehending the possibilities of the internet.
LINK
I find it funny that currently people are saying similar things about digital currencies and 3D printing as they did about the internet.
I don't know that Bitcoin will be the future, but the technology behind Bitcoin most certainly will. What will be interesting to see is if Bitcoin and other digital Currencies will be able to survive when JP Morgan and eventually other banks implement their own payment networks utilizing the same type of technology. Additionally, it will be interesting to see if these exchanges will be able to get over the regulatory hurdles that will most certainly be increasing over the next year or two.
2
Posted on 2/5/14 at 12:51 pm to MStant1
quote:
3D printing
has been around for a long time. When we discover nanobots we will have a revolution. 3D printing is like flying cars to me. They just aren't that big of a deal.
ETA: 3D printing is a big deal in that it enables people to manufacture things, but I don't think it will be cheaper than mass production. Thus not really affecting the daily person.
This post was edited on 2/5/14 at 12:52 pm
Posted on 2/5/14 at 1:56 pm to MStant1
quote:
but the technology behind Bitcoin most certainly will.
someone gets it!
quote:
What will be interesting to see is if Bitcoin and other digital Currencies will be able to survive when JP Morgan and eventually other banks implement their own payment networks utilizing the same type of technology.
This topic was brought up by Lawsky or one of his lackeys in the NYDFS hearings last week, and the entrepreneurs on the panel basically responded, "No one is going to build anything on top of a JPMorgan coin."
They then went into the concept that the most attractive feature of bitcoin for entrepreneurs is its decenratlized nature and that the rules are clearly understood by everyone and can be changed by no one.
This post was edited on 2/5/14 at 1:57 pm
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