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The rate of information transmission was much higher in 2010 than in 2000. If Bitcoin had been invented in 2000, it wouldn't have been more than a technical cu
by mFixman 6y ago
The rate of information transmission was much higher in 2010 than in 2000.
If Bitcoin had been invented in 2000, it wouldn't have been more than a technical curiosity in the hands of a few crypto-nerds in very niche internet forums. Since it was invented in 2010 it easily spread through Facebook, Reddit and other universal social media before making the jump via mainstream news to non-technical people.
- pcthrowaway 6y ago> If Bitcoin had been invented in 2000, it wouldn't have been more than a technical curiosity in the hands of a few crypto-nerds in very niche internet forums. It most certainly was this for at least 2 years. 2-4 years more if you count the time Satoshi was working on it before the public release
- mFixman 6y agoI remember hearing about Bitcoin in HN in 2011. I'm sure that same post convinced a lot of people with better hindsight than me to start mining.