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29799457 No.29799457 [Reply] [Original]

If bitcoin had been invented in the year 1900 would it have survived the first half of the century?

>> No.29799516

>>29799457
You kidding me? Fuck, think about the adoption it would have garnered. MAD GAINS BRO.

>> No.29799520
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29799520

They'd still be mining the first one.

>> No.29799626

Perhaps what I'm trying to ask is, will the internet survive the next century? If yes, why would any sane person sell their bitcoin?

>> No.29799647
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29799647

>>29799520
Tesla would have been all over it.

>> No.29799743
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29799743

>>29799457

>> No.29799878
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29799878

>>29799626
>will the internet survive the next century?
No its gonna be one of those things we realize is bad like cocaine and amphetamines

>> No.29799981

>>29799743
useless shit metal

>> No.29800425

>>29799626
there is not a single "internet". there are a few dozen top level linkers who hold everything together. military has their own private internet over radio.
in the future, decentralized networks operated through rooted starlink, mesh, line of sight laser and radio networks will be how we communicate. cryptographic IDs will be global. the e-gold method of paying back the sender if the message was valuable will be out in force. legit users will pay each other back for receiving messages. shills and spammers will not get their funds back and will be dropped off. cryptographic IDs will post support for other IDs. block a shill ID and all linked shill IDs that original shill ID supported will be blocked too. our private internets will be free from faggotry, our own filter bubbles cultivated for us to trade freely as kek intended us to.
>>29799520
kek. http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html
>>29799743
idiot. https://sdbullion.com/blog/how-much-gold-is-in-a-computer-desktop-laptop

>> No.29800950
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29800950

>>29800425
that.. that is beautiful

>> No.29801782

Steampunk mechanical bitcoins pog

>> No.29802305

>>29800425
>http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html

>A Reddit reader asked about my energy consumption. There's not much physical exertion, so assuming a resting metabolic rate of 1500kcal/day, manual hashing works out to almost 10 megajoules/hash. A typical energy consumption for mining hardware is 1000 megahashes/joule. So I'm less energy efficient by a factor of 10^16, or 10 quadrillion. The next question is the energy cost. A cheap source of food energy is donuts at $0.23 for 200 kcalories. Electricity here is $0.15/kilowatt-hour, which is cheaper by a factor of 6.7 - closer than I expected. Thus my energy cost per hash is about 67 quadrillion times that of mining hardware. It's clear I'm not going to make my fortune off manual mining, and I haven't even included the cost of all the paper and pencils I'll need.

fucking nerds

>> No.29802663

>>29802305
>redditfags actually think donuts are a good source of nutrition
The people are adult children

>> No.29804080

>>29800950
thanks fren. absolute power corrupts absolutely. people everywhere want free communication. we will pay for it with our own mathmoney, unburdened by centralization.
>>29799457
OP why do you think mathmoney would not have survived? the world had many far seeing geniuses. they would have held.
>>29799647