Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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Perhaps 2018 is bitcoin's 1994.
...By 1998 things had changed alot. Win 95/98 IE/Netscape made it much more useful and simple to use the internet and sites began to proliferate. I had dropped out to take a 35k job at a search engine optimization company (which seemed like alot at the time) that quickly went out of biz, but my connections from that job led to other connections that have kept me working for the 20 years since.Perhaps 2018 is bitcoin's 1994.
tldr; if it's 1994, buckle up, things will be unrecognizable in 4 years.
What would be our Netscape moment? Or AOL temporary dominance?
Is Lightning a.k.a Netscape (without the IPO) and is Coinbase/Binance/Bitfinex, perhaps, the AOL equivalent?
Or, would it be something else out of left field?
If I would guess, this. There is this accelerated curve(parabolic) of technology and innovation that has occured over the last 50 years. This snowball effect will continue until the Singularity.
I can remember clearly the first time I shilled the internet. It was at my friends printing shop..you know..the kind with a actual 3 color offset press...not a photocopier...anyway. I was helping him set up a basic db for hes revolving accounts on DOS 3.something and telling him the benefits he would receive if he would just upgrade from a 14.4k to a 28.8k modem.
A singularity doesn't just imply an explosion of productivity and capacity, or I guess you could state it that way. But that would also entail the capacity to produce problems that are far beyond the reach of a society that is well into the singularity.
If we think of teleportation or FTL travel we can't even really begin to fathom how to construct a practical solution. And while those problems may or may not become trivial with a singularity event, there'd surely be problems of similar status for a post-singularity society.