The sky rocketing price of Bitcoin has risen in value (roughly $2,500 for 1 bitcoin as of 06/2017) more currencies have entered the digital market. Booms are often poor guides to future valuations and the maturation trajectory of a new sector. I recently came across a December 1996 San Jose Mercury News article on tech pioneers’ attempts to carry the pre-browser Internet’s bulletin board community vibe over to the new-fangled World Wide Web. In effect, the article is talking about social media a decade before MySpace and Facebook and 15 years before the maturation of social media. (Apple was per share in December 1996. Adjusted for splits, that’s about the cost of a cup of coffee.) So what’s the point of digging up this ancient tech history? -- Technology changes in ways that are difficult to predict, even to visionaries who understand present-day technologies. Feel free to comment down below. Lets talk about this!
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Spot on brother. It is.
Now we all know the story of how it started, and how it all ended. Let's be like Levi's®.
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Right?
Great points. Its fascinating to see the development of technology over the years.
it took facebook and youtube about 20 some odd years after the birth of the world wide web before these projects became viable. It wasnt until the 1st web killer app gained enough traction and network effect to make social media a workable product.
As for crypto payments and money is the killer app. It wont be until this function gains traction and a network affect that we will able to see the more esoteric uses of blockchain take hold.
Exciting future ahead!
Thanks!