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This is a very limited and short-sighted view on the emergence and development of new technologies. From the first petrol engine (1879) to the Ford Model T (19

This is a very limited and short-sighted view on the emergence and development of new technologies. From the first petrol engine (1879) to the Ford Model T (1908), the Arpanet (1969) to the Internet (1990), as also software development (Cyberpunk 2077 was developed over 8 years), these things have one thing in common: they need time. When one day your every breath (and its payment) is recorded on a blockchain then you should be aware that such a technology capable to do so does not exist yet, but its basic features do.

jeremycarter 5y ago
Yes I know it is very short sighted, but I am very open to being persuaded. I'm not trying to be negative, just trying to look for the real world "value".
dmitriid 5y ago
For some reason bitcoin apologists always use cars, and the internet, and other actual disruptive technologies and inventions. Even though with each passing day it looks more like radioactive health products [1] [1] https://interestingengineering.com/9-interesting-failed-inventions-past https://interestingengineering.com/9-interesting-failed-inve...
- n0mad01 5y ago
  it is noticeably peculiar to compare one of the most significant technical inventions of our century with a half-baked hair dryer. such innovations only appear now and then, one should have the intuition to recognize them as such, otherwise he will miss the opportunities of such developments.
  - dmitriid 5y ago
    > one should have the intuition to recognize them as such, otherwise he will miss the opportunities of such developments. That's the narrative of scam artists since before time.
    - n0mad01 5y ago
      its worth a dollar - its a scam. its worth a hundred dollars, people use it to buy goods - its a scam. its worth a thousand dollars, people start using it as a store of value and a hedge against inflation - its a scam. its worth 65.000 dollars, theres also ethereum changing the face of banking forever - its a scam. calling me a scam artist while disregarding all the givens of reality, at this point its really hard to convey how extraordinarily mind-bendingly narrow-minded this point of view is.
      - dmitriid 5y ago
        > its worth... its worth... its worth... its worth... its worth... Empty words > people start using it as a store of value People are using for speculation, not for the store of value. > theres also ethereum changing the face of banking forever Ethereum is changing literally nothing > while disregarding all the givens of reality What you're describing are fantasies that have little to no bearing on reality. > at this point its really hard to convey how extraordinarily mind-bendingly narrow-minded this point of view is. At this point it's really hard to understand how anyone who talks about reality can be so far removed from reality.
        deleted 5y ago
        [deleted]
- MomoXenosaga 5y ago
  Debet cards took less than 20 years to become common which I think is a better comparison.

jeremycarter 5y ago

Yes I know it is very short sighted, but I am very open to being persuaded. I'm not trying to be negative, just trying to look for the real world "value".

dmitriid 5y ago

For some reason bitcoin apologists always use cars, and the internet, and other actual disruptive technologies and inventions. Even though with each passing day it looks more like radioactive health products [1] [1] https://interestingengineering.com/9-interesting-failed-inventions-past https://interestingengineering.com/9-interesting-failed-inve...

n0mad01 5y ago
it is noticeably peculiar to compare one of the most significant technical inventions of our century with a half-baked hair dryer. such innovations only appear now and then, one should have the intuition to recognize them as such, otherwise he will miss the opportunities of such developments.
- dmitriid 5y ago
  > one should have the intuition to recognize them as such, otherwise he will miss the opportunities of such developments. That's the narrative of scam artists since before time.
  - n0mad01 5y ago
    its worth a dollar - its a scam. its worth a hundred dollars, people use it to buy goods - its a scam. its worth a thousand dollars, people start using it as a store of value and a hedge against inflation - its a scam. its worth 65.000 dollars, theres also ethereum changing the face of banking forever - its a scam. calling me a scam artist while disregarding all the givens of reality, at this point its really hard to convey how extraordinarily mind-bendingly narrow-minded this point of view is.
    - dmitriid 5y ago
      > its worth... its worth... its worth... its worth... its worth... Empty words > people start using it as a store of value People are using for speculation, not for the store of value. > theres also ethereum changing the face of banking forever Ethereum is changing literally nothing > while disregarding all the givens of reality What you're describing are fantasies that have little to no bearing on reality. > at this point its really hard to convey how extraordinarily mind-bendingly narrow-minded this point of view is. At this point it's really hard to understand how anyone who talks about reality can be so far removed from reality.
      - deleted 5y ago
        [deleted]
MomoXenosaga 5y ago
Debet cards took less than 20 years to become common which I think is a better comparison.