4 ms·
Not in the same way, but they're fundamentally different technologies. The Internet is fundamentally a communications technology; blockchain is fundamentally a
by nostrademons 4y ago
Not in the same way, but they're fundamentally different technologies. The Internet is fundamentally a communications technology; blockchain is fundamentally a financial technology.
The (very-)early Internet was largely used to distribute scientific papers. Once it hit the mainstream, it was used to setup fan pages for bands, chat with people across the globe, share experiences with esoteric hobbies, and basically do things like Hacker News but at scale.
If you look at other financial technologies like the joint-stock corporation or the stock market, they absolutely were used primarily for scams. Read up on the history of the stock market c. 1850-1860, particularly financiers like Jay Gould; it was absolutely crazy, with scams, panics, market corners, and bankruptcies far worse than anything in the crypto space now. Same with the joint stock corporation, which was first developed so that you could colonize and exterminate the natives without any one person having legal liability for that. (Well, that and so when a ship's crew never came home, nobody was liable.)
- multjoy 4y agoWWW != internet