Post
Topic
Board Economics
Re: Why we say the creation of Bitcoin is an Internet of value?
by
doomloop
on 14/09/2021, 21:23:33 UTC
Someone correct me if I'm wrong, because from what I've read, there was no such thing as a blockchain before Satoshi introduced bitcoin.  
You're absolutely correct that blockchain technology was introduced by Satoshi. Blockchain and Bitcoin are two different things though because Bitcoin is an application/system that uses blockchain technology.

The blockchain technology is highly rated by even bitcoin naysayers because it can be used for countless purposes.

bitcoin is just an application of a blockchain, so I'm not sure what you mean by your second sentence there.  I just came to this thread to help out a member with a post history review but started reading other posts, and man....this section is going downhill fast.
I think he means that if Bitcoin was not introduced we won't have the blockchain technology. I guess he meant something else and ended up meaning something else.

If Bitcoin didn't existed, there won't be a blockchain, If the blockchain didn't existed we wouldn't have Bitcoin. Does this make sense .. haha even I am confused now lol.