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My grandma loved to remind my dad about how he didn't think CDs would become a thing, and to not invest in Philips (as i recall) And he was tech savy, building

by petee 2y ago

My grandma loved to remind my dad about how he didn't think CDs would become a thing, and to not invest in Philips (as i recall) And he was tech savy, building circuits, computers etc, he just didn't think it would be reliable or better than what existed... definitely a vinyl guy.

Workaccount2 2y ago
Conversely I sold thousands of bitcoins years ago once I learned the technology and recognized how stupid/useless it was. Didn't pan out well for me.
- FireBeyond 2y ago
  Yup, I had bought a few thousand bitcoin at about 2 or 3 cents each and sold them at 50 cents. Still "made money", but uhhh....
tetris11 2y ago
that's curious, what was the alternative to the CD at the time?
- petee 2y ago
  Most cars had cassette players, many still had 8-tracks; vinyl or or tape at home. Not that they were great options, but there was alot of existing media available, and hardware was common, so an expensive bulky device to play fragile media at lower quality than vinyl, was how it was viewed by many initially. Edit: just checking, the Sony Walkman came out in 1979, CDs in 1982, but the Walkman dominated the 80s & 90s, so its easy to see why CDs were dismissed
  - tetris11 2y ago
    Data cassette tapes look like they could have held up to max 600 MB[0], but CDs came out at out of the gate in 1980s with 650 MB. I guess in terms of storage I can't quite grasp why he thought that CD wouldn't take on. (Hindsight 50/50, of course.) 0: https://en.wikipedia.org/wiki/Cassette_tape#Data_recording https://en.wikipedia.org/wiki/Cassette_tape#Data_recording
    - sobani 2y ago
      If someone comes up with a new port that had 10% more throughput than USB, do you think that will be enough to make it a viable competitor, or do you think it won't be worth the hassle of replacing your peripherals (cassettes) and computers (cassette players)?
      - tetris11 2y ago
        Good point

by petee 2y ago

Workaccount2 2y ago

Conversely I sold thousands of bitcoins years ago once I learned the technology and recognized how stupid/useless it was. Didn't pan out well for me.

FireBeyond 2y ago
Yup, I had bought a few thousand bitcoin at about 2 or 3 cents each and sold them at 50 cents. Still "made money", but uhhh....

tetris11 2y ago

that's curious, what was the alternative to the CD at the time?

petee 2y ago
Most cars had cassette players, many still had 8-tracks; vinyl or or tape at home. Not that they were great options, but there was alot of existing media available, and hardware was common, so an expensive bulky device to play fragile media at lower quality than vinyl, was how it was viewed by many initially. Edit: just checking, the Sony Walkman came out in 1979, CDs in 1982, but the Walkman dominated the 80s & 90s, so its easy to see why CDs were dismissed
- tetris11 2y ago
  Data cassette tapes look like they could have held up to max 600 MB[0], but CDs came out at out of the gate in 1980s with 650 MB. I guess in terms of storage I can't quite grasp why he thought that CD wouldn't take on. (Hindsight 50/50, of course.) 0: https://en.wikipedia.org/wiki/Cassette_tape#Data_recording https://en.wikipedia.org/wiki/Cassette_tape#Data_recording
  - sobani 2y ago
    If someone comes up with a new port that had 10% more throughput than USB, do you think that will be enough to make it a viable competitor, or do you think it won't be worth the hassle of replacing your peripherals (cassettes) and computers (cassette players)?
    - tetris11 2y ago
      Good point