3 ms·

What do you mean "pre-iPhone era"? Bitcoin was released in 2009.

by geuis 4y ago

garrickvanburen 4y ago
2009 is well before the iPhone was the default computer
- int_19h 4y ago
  iPhone is at 15% global market share; when was it ever a "default computer"?
  - rrrrrrrrrrrryan 4y ago
    iPhone and iPhone-like devices. The iPhone era describes mobile computing, touchscreens, app stores, etc.
    - wpietri 4y ago
      Exactly. I'm not a big fan of Apple, but in the same way they defined the user experience for desktops via the Mac, they defined the user experience for mobile computing with the iPhone. So much so that most people don't even remember that there were plenty of smartphones previous to the iPhone.
- antifa 4y ago
  2009 seems to be the start of what I'd call the iPhone era. 2011 would be the latest.
wpietri 4y ago
Sure, but that was really the beginning of the smartphone era. In 2009, the iPhone had ~15% market share for smartphones. [1] Counting 2007 and 2008, Apple sold ~15 million units, about half of those in the last quarter of 2008. So when the Bitcoin paper was first published, Apple had sold something under 10m units. And that paper was of course based on earlier work. My point is that conceptually, the peer-to-peer, proof-of-work thing was much more suited to the desktop era, a sort of SETI@Home for money. It wasn't until a few years later that we truly began to see what the mobile era would look like (e.g., Venmo was August 2009, Uber was May 2010). The peer-to-peer aspect is basically a failure, as the rise of mining pools and centralized exchanges demonstrate. As do the relatively small transaction volumes for Bitcoin compared to things that are actual modern cash substitutes. If somebody were inventing cryptocurrency today, it would not look like Bitcoin. [1] https://appleinsider.com/articles/10/02/04/idc_apple_iphone_was_no_3_smartphone_in_2009_with_14_4_of_market https://appleinsider.com/articles/10/02/04/idc_apple_iphone_...

What do you mean "pre-iPhone era"? Bitcoin was released in 2009.

by geuis 4y ago

What do you mean "pre-iPhone era"? Bitcoin was released in 2009.

garrickvanburen 4y ago

2009 is well before the iPhone was the default computer

int_19h 4y ago
iPhone is at 15% global market share; when was it ever a "default computer"?
- rrrrrrrrrrrryan 4y ago
  iPhone and iPhone-like devices. The iPhone era describes mobile computing, touchscreens, app stores, etc.
  - wpietri 4y ago
    Exactly. I'm not a big fan of Apple, but in the same way they defined the user experience for desktops via the Mac, they defined the user experience for mobile computing with the iPhone. So much so that most people don't even remember that there were plenty of smartphones previous to the iPhone.
antifa 4y ago
2009 seems to be the start of what I'd call the iPhone era. 2011 would be the latest.

wpietri 4y ago

Sure, but that was really the beginning of the smartphone era. In 2009, the iPhone had ~15% market share for smartphones. [1] Counting 2007 and 2008, Apple sold ~15 million units, about half of those in the last quarter of 2008. So when the Bitcoin paper was first published, Apple had sold something under 10m units. And that paper was of course based on earlier work. My point is that conceptually, the peer-to-peer, proof-of-work thing was much more suited to the desktop era, a sort of SETI@Home for money. It wasn't until a few years later that we truly began to see what the mobile era would look like (e.g., Venmo was August 2009, Uber was May 2010). The peer-to-peer aspect is basically a failure, as the rise of mining pools and centralized exchanges demonstrate. As do the relatively small transaction volumes for Bitcoin compared to things that are actual modern cash substitutes. If somebody were inventing cryptocurrency today, it would not look like Bitcoin. [1] https://appleinsider.com/articles/10/02/04/idc_apple_iphone_was_no_3_smartphone_in_2009_with_14_4_of_market https://appleinsider.com/articles/10/02/04/idc_apple_iphone_...