Reddit Posts
1337 $LEET | CMC Listed | Going big with 1337sp34k
Blockchains and the Evolution of Information Technology
You don't need a high paying job. You just need an average job, basic financial literacy, and some budget discipline to become financially secure.
"We can't solve problems by using the same kind of thinking we used when we created them"
Do you know about the BBS Network token?
Anyone Here on BBS Network "The Reddit Killer"
Crypto Adoption Curve: From Early Adopters to Cringe to Mainstream
Crypto today reminds me of computers in the 80s.
Thoughts On Crypto's Future, Because 2022
Binance Labs Leads $1.5 Million Seed Round for BBS Network, Business News
(CRYPTO NUFFY'S GUIDE) Gov tax on crypto how to not pay it.
Binance Labs Raises $ 1.5M for BBS Network
Crypto crystal ball: How incorporated do you think crypto and decentralized tech will be in your life in 10-20 years from now?
Mentions
I heard about Bitcoin during my BBS times, using PGP to exchange some stuff. It was a time of "I like this stuff, fuck those billionaires bloodsuckers...". I still think like that. Whatever I have today, it was not because of the money, it was idealistic.
It was very widely reported on. A 5 minute Google search would come up with it. But, here you go. Just one of many references. https://fortune.com/2023/02/02/bitcoin-manipulation-price-outlook/ https://www.cnbc.com/2019/11/04/study-single-anonymous-market-manipulator-pushed-bitcoin-to-20000.html As for cryptos that came for BTC, again, another quick Google search of you want to learn more about it. But a quick cursory list: https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/#:~:text=Key%20Takeaways,very%20influential%20in%20Bitcoin's%20creation. Satoshi Nakamoto wasn't some brilliant new world visionary. His theories and treatises were all old hat from any anachrist or libritarian BBS board form the 90's. He didn't invent crypto, he didn't even come up with the idea and initial proofs of proof of work formulas. He's just the one that didn't fade into obscurity. Thanks to tether printing money out of thin air.
This one is running a BBS. Not using one.
going from using an acoustic coupler to dial into a BBS on your TRS-80, to using FTP to download DOOM, must have been a wild ride. only super nerds would keep up with that shit. and now grandma is sending you videos on her phone. it takes a long time to nail down the UX of something new and we aren't even close to getting there yet. I think wallets will look completely unrecognizable in 8 years.
At this point the market clearly bottomed out at the fall of FTX. Bitcoin and then Ethereum spot ETF will expose those assets to trillions of liquidity. Really it depends on how you see the whole game playing out. I come on the side of Web3, Data Democracy, etc. from that lens this is the beginning of a whole new world of exchange. Think of it like the 90s of the internet. No one really conceived of Social Networking and the kinds of communities that popped up. Sure there was IRC and BBS but that’s for geeks. Web2.0 brought grandma on board. The development of Web3 will be similar. From that lens’s there may be say a couple million in total of active daily users. Turn that into billions. Supply and demand. In my view this is the start of a huge social transformation. From that lens most coins in the top twenty, and certainly the two you mentioned, should do well. Although I personally have a hate on for Solana but it appears to have weaselled its way into the hearts of the institutional corporate sector so it should do well. That said, from a purest decentralist point of you, Solana’s corporate love affair should not a selling feature.
For me Reddit feels more like a natural continuation of Usenet and the old BBS forums, then it does as "social media."
Indeed, an analogy with the Internet would be the the BBS era and the first websites, that's we're AI is right now. Just wait until we enter the Google era of AIs, basically having AIs that solve any problem you may have (save for unemployment because AIs and cheap automation made 90% of jobs irrelevant)
The internet did not go "mainstream" simply because people went around preaching it in public. It went mainstream gradually when it started to serve people's needs with **actual utility**. Right now, there's two broad categories of utility I see: 1) Investment and trading, and 2) Limited value store and in turn, payment with value store. Internet went mainstream more with actual utility beyond its underlying tech. Email and FTP rest on RFC 1939 and 354 but users don't need to talk abt how great these RFCs are or how TCP/IP is superior to IPX or X.25. Researchers and academics would have their discussion on BBS and UNIX / VAX forums but they didn't go around evangelising to normal folks on the street. Instead, they just build up the underlying tech, coming up with newer and newer applications until someone come along and bridge product with tech. Early web sites were fancy upgrades of BBS. Many basically were ports of BBS from text to html. Then we started having email providers like [postone.com](https://postone.com), [hotmail.com](https://hotmail.com), and directory/search services like Alta Vista and Yahoo!. IRC, ICQ, Instant Messengers came along while Real Audio and then Real Audio, gave voice and video to the internet. Users did not really TALK about the internet, they just used these applications because they provided some kind of utility to them. If crypto users go around talking in public to people about crypto without something more tangible beyond the above two utility categories, we would really sound like Christian evangelist or mormons, preaching for the sake of preaching. Christianity and love God as an end in itself. And it fucking turns people off, both for crypto and Christianity or any religion for that matter. So, we need to keep the "talking" and "preaching" in check, and focus on building tech and applications for devs, and using the applications for users.
Thanks but no. It was after Mount Cox so I guess you're right it would have been late 2000s early 2010s. It was a forum style website and it was the forum to go to for new cryptocurrencies to be announced. I'd be very surprised if it doesn't still exist. The forum had different sections and one of the specific forms was announcements or new coin announcements or something similar. I just can't remember the damn name of it. For that early time. It would have been the place everyone went to make new coin announcements and to read about new coin announcements. It was the website and it used a forum style that looked a lot like an old BBS or something like that it was in fact I think the shell program that the website ran was something like BB forum or something like that if I recall correctly
Seriously those text based games I played against those nerds on the BBS were some of the best games I ever played. War of Worlds, Kyrandia, Infinity Complex, Galactic Empire loved me some MajorBBS games. We had weekly meetups at a pizza joint, on monday nights a group would go to a club in LA and you could hitch a ride. We could usually run into people around midnight at the "cool" Denny's and anyone who went clubbing or to a show would invariably show up there. It's amazing how much more social we were before everything got connected and there were actual social networks. Somehow we all knew how to meetup randomly without having smartphones and text messages.
I am from the BBS era, and playing text games and coding, so all my OG friends either love it or hate it, usually because they actually know something about it and not just due to ignorance.
We all had some BTC and we had a good chuckle that all of us naturally gravitated towards it so it was more like questions about what, how, when and why did you get into it. Then we talked about the projects we thought were cool which is kind of comparing your bags. I grew up with these guys dialing into BBS's and then having the internet boom after we graduated high school. So for a lot of us it felt like the same kind of vibe. It's funny we got together 2 months ago and we were all talking about the various ways we've been fucking with chatgpt for personal or professional reasons and ways to make it answer shit it's not supposed to.
Exactly. Before the WWW, we had BBS. However, even back then the Internet was alive and well.
Hah, entirely possible. I was a young guy pitching something these old business owners just didn’t understand at the time. I was also playing games at that exact same time, using ICQ/IRC/BBS, surfing with Netscape, etc. Point was though that I still just ran into a ton of people who didn’t see the need yet. I feel like crypto is at that point in its life still.
In the early 80's on BBS everyone was talking about this thing called the internet. On the BBS everyone was saying, "They just don't get it, they just don't understand the internet. They don't see what I see. The potential" Makes sense now? Just because you are shortsighted doesn't mean everyone is.
It's foolish to say any of those past contributions had the effect that bitcoin did. If anything, they were precursors, very much like BBS forums were the precursors of social media. Likewise, you wouldn't say those BBS forums kickstarted the social-media industry, as MySpace did, even though there were previous primitives for that industry, such as Six Degrees back in the 90's. I'm not leaving anything on the table here.
It will come. Using the good ol' internet analogy in the early days it was hard to get online, we came off BBS's and a lot of the early home users ended up using CompuServe or AOL, those weird walled web gardens. Eventually people wised up and many smaller providers appeared giving you unfettered access to the net directly that wasn't tough to set up. It's not a great analogy and we all want things to happen quicker but good solutions do take time. Killer apps will arrive and if they can make money with huge numbers of micro transactions that might be enough of a reason for them to succeed. Maybe some sort of profit-sharing system whereby if you run the app you're providing backbone or security to the new exchange and you get a slice of the profits. We're a way of this but some sort of decentralised easy to use app might work... If it can be open enough and get over the problem of someone controlling development.
I was using modems and dialing into BBS's in the 80s. I went through that whole transition from multi-line BBS's to the internet proper. I had a buddy from the BBS who worked at the local university and set me up with a dial up account. That's when I first started getting access. I had to write the IP addresses for servers down on sheets of paper in order to get anywhere because DNS wasnt even a thing. Things started getting much easier to use around 1992. Clients had GUI's and once complicated processes were all happening under the hood. The point I'm trying to make is a lot of this shit was klugey and difficult to use and the using protocols by themselves were complicated until you started bringing them all together to deliver tangible services in a way that was transparent to the end user.
Oh man I miss the BBS days...although I dont miss 300/1200/2400 baud
Oh man, I was all over the text based BBS games!
Wait till he finds out about BBS systems.
This is incorrect. Most people in the 90's believed the internet was about downloading naked pics of Seven of Nine off a BBS.
30 years ago, the internet was AOL. It was user-friendly, they were mass-distributing free 3.5" installation disks to most of the country, and the "You've got mail!" jingle was so widely known that there was a romantic comedy named after it. Currently crypto is not even at the dial-up BBS level.
I speak in terms of public data networks entirely, not necessarily just the Internet alone. The Internet took things mainstream, but before that you had dial-up BBS systems and similar means of connection. These were absolutely niche systems, and it still took decades to reach a point where the majority of the world was using the Internet. Also, cryptocurrencies are not the only viable utilization of DLT even if they're the most prominent currently. There are DLT applications without any cryptocurrency attached - although most Layer 0 networks will use one for network security through game theory. Of course DLT doesn't allow you to remove trust entirely, but shifting aspects of trust to technology can absolutely be beneficial. Even simply having trustless network access & operation opens up a lot of possibilities. Frankly, Schnier's view on DLT seems narrow and outdated, focusing almost entirely on Bitcoin from a security perspective. >Honestly, cryptocurrencies are useless. They’re only used by speculators looking for quick riches, people who don’t like government-backed currencies, and criminals who want a black-market way to exchange money. Crypto is absolutely used for bullshit speculation, but tell someone from a country that decided to seize personal bank accounts that cryptocurrency is useless. Some people in the world have entirely legitimate reasons to not trust their government-backed currency. And black-market money exchanges? Sure it happens but not at higher rates than fiat, and unless you're using services like Tornado Cash you're not at all hidden. Do I think crypto will cause a global financial revolution? No, probably not. But do I think that distributed ledger technology as a whole has a huge amount of potential for integration with current networks and application? Yep, absolutely.
Only took mere days to download stuff off the BBS.
The wild west was tamed by bigger and more effective regulators - government, enforcement, community. I was fortunate to be alive and aware as the 'internet' made the transition from BBS over to WWW. I learned a lot in those days and it does have the same feel, although with a better framework. History doesn't repeat itself but it sure likes to rhyme.
> What keeps my conviction is not about crypto. It is about that the system due to tech and demographics cannot function without lower and lower rates, and more and more debt. That's it. And that plus tech that once the public is aware, cannot be hidden. Good for you. This is the right mindset, and will keep you engaged in the space unlike those that treat the tech as a joke and will bail exactly when they should be paying the most attention. I saw the same exact thing happen during the dotcom bubble burst. Google's IPO happened after the bubble burst and I knew lots of people that thought it would just end up like another altavista or something, but those that were active and engaged in the tech and building and developing on the web knew it was a very different situation. We are still in the very early stages of actual practical crypto and decentralized system usability... probably like dial-up BBS internet days. But keep following the developments and you will also be able to understand as things really begin taking shape into something more practical like the rise of html and the world wide web.
Email started in 1971. The internet actually took about 25 years to develop before it went mainstream in the .com bubble. Crypto feels like a similar time frame overall, but has gotten a lot more hype in its early days because of the financial aspect to it. Current crypto feels like the early 90s internet BBS dialup era where it was widely available, but you had to go buy a modem, install your TCP/IP software, loookup modem AT command codes to configure your modem, and then dial into a scrolling text interface. I thought that was great fun, but obviously thats not really accessible to most people. Crypto hasn't had its "Netscape" moment yet. And to underscore this, its not just about the UX, we don't really know how to build commercially profitable companies that uses crypto. All we have our infrastructure type things like exchanges so far (which are an important part of the foundation we need).
Yes everyone here reading this is still early. However, I'll just caution that being early isn't always a good thing unless you truly keep up with the tech. I lived through the entire evolution of the internet starting from dial up BBS days, and there have been many trends, booms, and importantly... busts. Wanna know what the key is to actually making the most of being early? Being interested in and keeping up with the tech and having a solid volatility/risk mitigation plan instead of only focusing on trying to get rich quick without using or understanding anything.
Or having to get lists of phone numbers to call to connect to a BBS in the first place so you could chat with the OG degensand access those files.
I 100% think they will be listed and actually don't think the OPs scenario is that far fetched tbh. I've been online since BBS days, seen the internet grow, seen people make money playing Fortnight, selling drugs, streams of them sleeping etc, nothing surprises me.
At 13 I was creating BBS on my computer so people could call my modem and play games in multiplayer or chat. That was in 1988. Look you can call anything a scam but you can behind the curve also. Did I see the internet coming in 88? Nope I understood how it could work and I knew that the government was creating ways for the DoD to talk with each other but I couldn’t imagine today’s internet. Can you imagine the future with crypto? I can. Now can you imagine if you missed out on crypto? I can. The best advice for an emerging technology is follow it figure out how it works and only invest what you can into the new tech. Always do research and be picky on your investment. Just like VHS and Beta one wins and one loses. Crypto will have winners and losers. Pick winners.
BBS with like 3-5 local numbers. Then Prodigy and AOL dial up. Speeds starting at 2400 baud, then 9600, 14400, and then 28.8. Always had anticipation wondering when we might connect at a higher speed (“Oh look!—33600!”) Even tho the modem was rated at 56k at that point, that was like dreaming of fiber or something nowadays.
Chat rooms were the main draw for AOL at that time, yes. I wasn't a regular user before they offered full blown inet access, just did a couple of free trial periods. They also had news, weather, and maybe some simple games available in-house. There *might* have been a transitional period where they were offering some limited web access, probably proxied, before opening up IP routing. Don't quote me on that. It was a long time ago. I was a more regular user of their competitor Prodigy, but left due to a terrible pricing model. Prodigy also has some limited web access and chats, but these uses premium "plus hours" and you only got 2 hours per month before they charged insane rates. Prior to that I was on BBS''s, circa 1993. That was my first Internet exposure, as many of those BBS's had fidonet gateways which relayed Usenet in a way roughly similar to UUCP.
BBS was special - the thought of typing to people far away was insane for me in my early teens. I was blown away. I didn't see AOL until 1994/5?
> That just means you got online slightly later than I did. No shame in that. Without Internet access what the heck did you do on AOL? Chat rooms? I missed BBS by only a couple years.
I know most of you are so new to the Internet let alone crypto, so I get it, but early adoption has been like this since the beginning of computers. Getting on a BBS back in the day was laughable at best.. dropped carrier signals constantly and let's not even talk about when graphics cards started making their debut and people were adding "intense graphics" to their websites. The 90s were amazing in so many ways that a lot of us remember but all it takes is a few memories for it all to come rushing back. The 90s sucked for the web. Most of the early "intranet" setups were down more than they were up and when they added VOIP? ha. That was a fun time. We'd spend days waiting for the techs to bring it all back online. Early adoption is what it is, those who are early are rewarded, those who are late don't see any problems. This is as expected. The "Metaverse" you see in 10 years won't even be a reflection of this.
Let me login to the BBS.
There are actually blockchain based forum projects, I believe one was BBS coin or something like that, can't remember. Seemed pretty promising. Now I checked it and it's worthless. Oh well. It figures though, I will never understand some of these shitty projects. "Write posts and get paid for it", almost every useless crypto has some sort of \[insert some dumb activity\] to earn system that proves useless and feels more like a trap than an actual investment.
When you look at it as I outlined in the blog, it’s what makes sense. There are three things you can do with information: Process Transfer Store The first two have been demonopolised in the realm of IT (open source , internet). If blockchains prove to be a successful way to store complex data publicly, the third realm of IT will be demonopolised. The idea is that because there is an immutable public data store, you could have multiple providers of the same content. Users could have choice of censorship policy, recommendation algorithm, and more. That’s what the BBS Network is trying to do, from my understanding. I don’t think nostr is a great improvement over the basic internet as it’s just another open way to transfer information, but there’s no public database.
tldr; The Basel Committee on Banking Supervision (BCBSS) has proposed to limit banks’ holding of Bitcoin to 2% of their reserves. The BBS is the banking standards-setting arm of the Bank for International Settlements (BIS). The new rule means that banks will have regulatory clarity on gaining crypto exposure in all BIS jurisdictions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The evolution so far has been in response to the incentives involved, so what about BBS incentivizes the growth and security of this network to do anything different?
Me investing in the Cryptospace: A BBS (Baby Brine Shrimp).
pretty important difference here is the internet in 1994 was awesome compared to traditional BBS technologies while the "metaverse" fucking sucks balls.
Man, how did we go so wrong? We all felt that way back in the BBS and early Internet days. But we really screwed that up.
The metaverse sounds like the old days when you had to dial into different telnet BBS services. Each kinda offered something similar yet different. All were generally shitty though.
I’m not saying it exactly matches the timeline of internet adoption, the comment was that it only took 6 years for the internet to revolutionize and disrupt industry. And it was far earlier then ‘94 that it was available and a several years after that before anything started getting “disrupted”. I don’t compare it to the internet in terms of adoption, the comparison is in terms of the potential and in terms of how it came out of an amalgamation of older disparate technology. Personally I see fiat crypto more in line with BBS from the pre-“World Wide Web” days.
Nope, it was a few years before that when gaming services started gaining popularity and BBS servers could easily be found. It also wasn’t disrupting nuthin’ in 2000 but itself right before the early wave internet bubble burst when people lost a ton of money. Technically, the browser, which did more for public awareness then anything else, was based off a handful of technologies that had all been around for years or decades prior to early 90’s, but didn’t yet have a use case, like HTTP protocol and HTML, then utilizing a network cable originally built for sharing research papers long before. Kind of like the blockchain (originally developed in 1991) was taken almost two decades later as a building block of the coin layer, then a few years later Smart contracts (around since the ‘90’s) was layered on top of that and all of a sudden we have something approaching transformative. https://www.forbes.com/forbes/2002/0121/086.html?sh=5051cc1c7f6a This is from a 2002 Forbes article. The most recent survey at the time of publishing stated 1/3 of US adults bought something online in the previous 3 months. True disruption wouldn’t take place for a couple more years but when it started, the following decade held tons of opportunity. My favorite quotes in regards to your comment are: “But online sales still amount to a paltry 1% of all retailing. It is now clear that the Web will work best as one more "touch point" for existing retailers such as Wal-Mart, rather than as a "pure play…" “…Amazon is the biggest, with $3 billion in revenue, but it still has no profits after six years in business. Pretty shocking, given that the e-tailers were supposed to put the old guys out of business.” All in all between the time the internet came into public awareness and this article is about the same time the crypto industry has been around. And the tone, and almost the exact words sound a lot like…well…you.
I remember this. I was on BBS systems in ‘88-‘91 and AOL in the late ‘90’s. Then the Dot Com Bubble burst. Glorious times. Now look at us globally connected and remote schooling/working. I going to enjoy this.
Things like USENET were being used in the early 1980s during the beginning days of ARPANET. USENET is still around over forty years later. It's not much different from today's social media. In fact, it's quite similar to Reddit. A huge amount of groups are split into categories/topics with posts and message threads used worldwide. Even this was predated by BBS systems and PLATO's message/forum system (Talkomatic) in the 1960s. I say all this not to be pedantic but suggest that the best use cases are typically improvements on things people are already doing.
SpaceWars 2000 ftw...BBS RIP
> If we’re going to bend definitions like this It's not bending history. Message boards and forums and BBS were 100% the early forms of social media. You can't count social media only from the time it blew up and got mega popular unless you count blockchain only from the time it blew up and got mega popular.
> It's a peer to social media, That didn't blow up until the 2000s when BBS's were invented in the early 1980s.
In regards to bitcoin what is the incentive for Joe Public to adopt it en masse? With the internet it was the start of something new to embrace. Unless you were one of a few people who were faffing around with BBS back in the day it was a whole new world and easy to see why people embraced it the way they did because it was a new thing never seen before. ​ With bitcoin not so much. ​ You aren't asking people to try something new. You are asking them to change the very way they view banking and currency which is a lot more difficult to achieve. IMO we need some sort of "killer app" to get people on board. I'm not sure that exists now and certainly nothing that is going to convince someone in their 50s that this new fangled way of dealing with money is better than the traditional systems that have been around for decades. ​ Happy to hear some ideas on how to solve the problem and what the "killer app" to drive up take is going to be. As I said before in another post it's reliant on business to implement services that people want and give people a reason to use it. Most people just see it as an analogue to traditional finance which we both know isn't true but there needs to be a carrot...
The World Wide Web is from the early nineties. Sure, the internet is older (I was connecting to BBS before the WWW was invented), but it was not a thing aimed at consumers. Before the WWW consumers basically hadn’t heard of it, it wasn’t something they were aware. And when the internet targeted consumers, it exploded. That idea of consumers being aware of the internet but somehow were massively reluctant to adopt it is not based on reality. It either wasn’t a thing or it was THE thing, the thing people bought computers, modems and paid ISPs because they wanted it.
You think the BBS was ran for free? Well I didn't make BTC money with it it paid my tuition. Loads of people made money on the internet too. I worked on internet making money pre dot com boom and after. This whole on the chain, NFT, web3.0 I think there is value in it. But it will go the same as dot com boom. There is value and growth. Stupid people blow it up too much in value in companies that are just there to accept stupid money. Dot come boom came wiping out the cruft companies. The valuable ones lasted. This wave off 3.0 will be exactly the same. Lets wait the bust and see what pieces are actually valuable and which one were just marketing to get stupid money.
when friends and I ran BBS boards that was very decentralized :) [https://www.techopedia.com/definition/2481/bulletin-board-system-bbs](https://www.techopedia.com/definition/2481/bulletin-board-system-bbs) Internet in early days was decentralized. Heck there weren't even search engines.... so the evolution of web 3 is what? Back to those days?
I'm sorry but I wouldn't listen to this advice personally. I understand and respect it but certainly do not follow it. I'll explain. Can you answer these three simple questions: \- Who invented C Programming Language? \- Who invented Apple? \- Who invented Blockchain? The answers to those questions are very important and relevant to what the OP has stated because the Dr who invented the Polio Vaccine gave it away for free, and do you know his name? You probably googled the responses to two if not 3 of those questions and the one's most likely recalled represent the dimensionality of your knowledge: Steve Jobs & Satoshi Nakamoto. Those names were icons to legacy technology and now are mythical to the next generation of people working in technology & GovTech. It took a while to get people to adopt Web 3, but each upgrade is iterative, including the principles and philosophies we base our culture upon. What does this have to do with what the OP is talking about? It is the future of the job market; and that job market is in Governance & Policy. Which includes: \- Global Security Strategy \- Global Strategies on Governance \- Political Science \- Police Science \- Homeland Security Information Criminal Cyber Investigations \- Homeland Security Management \- Global Security Studies, MA/Intelligence Certificate : [John Hopkins: GSS](https://e-catalogue.jhu.edu/arts-sciences/advanced-academic-programs/programs/center-advanced-governmental-studies/global-security-studies-master-arts/global-security-studies-ma-intelligence-certificate/) \- Intelligence & International Security: [Kings College of London](https://www.kcl.ac.uk/study/postgraduate-taught/courses/intelligence-and-international-security-ma) See Crypto was only the start-Bitcoin wasn't even the alpha. Wait till you hear someone parrot those words. You'll see. ​ The truth is that crypto has continued to evolve so much, that changes within a DAO affect markets and government policies faster than they (Governmental Agencies, Representatives, Members of Congress, or Senators) can adapt to match our philosophical changes. And it's clearly represented by what is happening in the economy right this moment. ​ Leaving now when it gets toughest is exactly what people told us to do when the internet dot com bubble failed and yet here we are discussing that very same dilemma on Reddit, a child of Slashdot, who itself is a child of BBS & Gopher sites, and they themselves children of 2600 with a Yellow Manilla Folder and your name written on it like a library card. \*Side note: that's how library books were loaned out. Also, you could get a book of schematics back then on 8080 and 8086 chipsets to learn their instruction sets to be able to write or repair EEPROM & embedded systems instructions. ​ "So each layer is an abstraction and persistent throughout each iterative adoption of a new design element", think of work like this statement. If you are reading this after reading the post, then do not quit. This is your moment to really shine. ​ Why? Because I've already been here twice, thrice, if not more times than I'd like to count. Yeah. I'm poor, and I've sacrificed a lot. I've also lost more than I like to count, but here I am telling you-to the you that will listen-I'm still here and trying to rebuild my life and my vision of a better tomorrow. That's Pathos. Why? Because too many people believe in me and my story, they helped push me further and forward when my own legs wouldn't carry me, because they dreamed to believe in my dream. That's Ethos. Why? Because from my perils and mistakes you will come to read these words and learn about the follies of such thinking by the OP. That's Logos. ​ What am I telling you? That I am Satoshi Nakamoto. I am Q. I am you. Think of it like a brand or company that reinvents itself so that it can continue to grow and learn. It is about the continual evolution of what you can refer to as "Self". That's Philosophy. You can also be a Q, or Satoshi, but not if you take the advice of the OP. "Those that dare to dream..." - you have to risk it all to really see the fruits of your labours and ironically that can be while you are poor. I haven't killed myself and I get to a chance to share my experience with you at 40. Makes me wonder what I will be able to share if I get a chance to get older. So let me share this. You can be wealthy but live within the means that you personal life requires, that means not being "extra" or extravagant with non essential luxuries. You can also support yourself on 40K a year if you budget accordingly. (All topics I've personally had issues with. But also topics others have proven themselves successful in.) You can also invest in small increments to establish yourself in Crypto and your little nest egg, and use the rest of the time to self study, while you go to school and work a second job. I did these things as well. ​ So why can I say all this while being poor and having lost it all? Because if I did it more than once-I can do it again, because I had a job that paid 60k (55k on paper. I think they jacked some of my income) and they let me go because a non numbers man went with numbers. If you ever get some young dude come in and use those terms; that's when it's time to leave. That's when you know executive level function has left the mindset of the people running that operation, just some more advice for you. I'm going to give my experience as a reason to support my argument on why I don't agree with the OP's advice. Your results will vary, but they won't be like mine in terms of hardship and just level of skullf\*ckery. So, even if you have the pedigree, the degree, or the skills you can still lose the job with a CCNA. ​ It is better to have multiple sources of revenue, a job, a side hustle, a side side hustle and treat them all legitimately as serious endeavors. Not everyone will succeed at Web3, but you won't know if you don't try. Don't give up; I know a lot want to because of what's happening in our world. I'm not that much older than you but I am much more experienced - stick with it and you'll come thru. Hell. I'm gonna go apply at Amazon for a job to work from home. That is my sincerest take on this topic, good luck & godspeed\~!
Pre-apologies for the book, I guess I have a lot of thoughts on this. Not trying to be an ass or anything here, just giving my thoughts on thr subject. That's true for some NFTs, but you absolutely can add rights into the contract, it's up to the creator. You're basically saying since it's a digital file it's literally worthless. This same argument applies to literally any digital artist, digital music, ebook authors, or programmers. You can copy any of those infinitely, so they're not valuable? I buy a game exe from GOGs, I could copy it and give it to all my friends no problem. I'm sure they frown on that but it's not illegal. Now apply that to an NFT game. I could buy it, and do the same assuming it's a stand alone exe and not a CDkey or something. Probably frowned upon, but not illegal. The difference is I'm able to sell it if I wanted or needed to, completely legal a cut of that sale would go back to the developer. And the buyer would be able to track it back to the real developer, not having to worry it's an illegal purchase, even giving the developer some money in the process. Hell, there's even potential for renting digital games now. Ebooks, movies, characters in games, weapons/spells, mounts, cars, spaceships, anything. Look, I get it. Digital pictures/collections for money? Yeah, it's a stretch. Not particularly useful, but it doesn't mean there's no infrastructure being built to benefit them. I believe that soon, all the major social networks will only allow authentic NFT profile pictures. Card games will have hybrid NFTs/real world cards. It's not going away, just like the horse armor. We now have a way for anyone to be able to buy anything they want, prove ownership, and sell it if they want, all publicly and no middle man required beyond the public blockchain record. I've been on the internet for a quarter century now, and BBS's before that. Had a palm pilot a decade before iphones made handheld computers mainstream. Directly connecting doom to my friends computers over phone lines. Listening to internet audio shows before the ipod even came out. Playing collectable card games almost as long. D&D, Battletech, GURPS, everything. Had a collection of mp3's before Napster was a thing. Had a home theater PC for almost 2 decades now, watching movies I downloaded through IRC, Napster, DC, Suprnova, xolox, limewire, then Pirate Bay. Collected comic books before they were investments. Saw a full screen video on a computer in RadioShack in the 90s and knew right away that they will eventually take over cable. Absolutely loving anime in the eighties. Obsessed with video games since my parents got an Atari 2600 in the early 80s. And tried (and failed due to laziness) to buy bitcoins when they hit 400 bucks. Probably would've gotten into them when they were pennies just for the fun of it, but that portion of my life was in turmoil at the time. Though I probably would've sold it long before it got to any real level of wealth. Not tooting my own horn here, I'm just an old nerd. But I know what I like, and I can see the value in things because they're things I enjoy, usually years before they really get into the mainstream. I ALWAYS ask myself, 'why isn't everyone into these things?' This is definitely the same feeling. And what hasn't changed is being relentlessly mocked for liking all this nerdy shit, until it blew up. Which is why this has me knowing I'm on the right track. And this time I'm able to put my money where my mouth is and possibly get a little benefit from something I believe will be a huge part of the technology world before it finds it's footing. What I'm not used to is the constant barrage of absolute seething hate for a technology, with thousands of comments going out of their way to insult the anyone who has even a slight interest in it. I know it's partly a reddit thing, as it's MO is basically loving or hating anything with zero nuance, but this feels completely different. Maybe it's because of all the news about it recently, but I just don't get how anyone has the energy to just hate on things, especially a technology. Maybe they're young and forgot what actual ownership can be like, but to me, I see it as a way to get our power back. I love steam, I have 400+ games in it, including the first game that was able to be purchased on it besides valve games (I think). But I've never been completely comfortable with the fact that I can lose access to it for a variety of reasons, plenty of them not even in my control. I'd lose 2 decades of games I've been collecting and playing instantly. This thought has been growing in the back of my mind ever since that first purchase. Why anyone would think that returning true ownership to the buyers, even if there's a chance, is beyond me. Anyway, my main point is I don't care about your stance on the subject, I just really hate the tired ass 'copy/paste' argument. It's low effort and really just makes you look like you're not thinking things through critically. I'm trying to ignore these comments, but perhaps the slow moving economic crash has weakened my resolve, so forgive me if I got snarky. I'm not frustrated because I think I'm wrong, I'm just frustrated because people don't seem to see how powerful this moment and technology really is. Have a good one man, I apologize if I got shitty there, it's not something I'm used to doing.
I ran a BBS for a handful of years and co-sysoped a few others.
No one predicted Facebook? Are you serious? We had BBS, irc, forums, blogs, personal websites, myspace, Facebook, etc It was a natural progression. The only thing Facebook did differently was have limited access and a uniform design. It's nothing really new of you were paying attention the decades before. The only thing is the early models people paid for hosting themselves (decentralized) and switched to a centralized model because it was more cost effective for the average person. We don't think we would have flying cars if you were into the tech because you know the limitations of building such vehicles. Sci-fi movies are entertainment. Bitcoin was an interesting application of a standard ledger that prevents tampering using something similar to PGP and solving a crypto problem in a cooperative effort for security without trusting each other but playing by certain rules. It's definitely novel, but it's backwards in the sense of was taking something like banking which became centralized and it's trying to make it decentralized again. However as we can see, efficiency pushes is towards centralization again. I believe has become crypto to be an interesting take on human greed and how they will take something relatively pure and corrupt it into the same kind of crisis that spawned it.
Shit I remember back in the heyday of BBS and Usenet (pre-www) investing groups were full of shills pumping penny stocks. This stuff even traces back to the days of pre-internet cold call stock sales, basically what Jordan Belfort was doing as shown in The Wolf of Wall Street.
My TI-99/4a had two-note polyphony — in Extended BASIC it was one line to play a DTMF tone or you could send the cap’n’s tone by just giving it one frequency… Found frequency/timing details on a text files BBS; just a 70’s script kiddie holding the phone up to the TV speaker
I was there since BBS times And no, this is very much not even close to that. Sure there are mostly scam tokens, but plenty of legitimate projects that are in use right now.
Are you referring to BBS and newsgroups, or post-dial up/pre-cloud?
I bet there’s a significant portion of the general public understand the basic components that make up the internet. Just like with crypto, the catalyst will be the combination of a few technologies that already exist with limited use case with the new tech, in this case the blockchain. BTC has done a good job of getting into the public consciousness much quicker than it took to go from BBS to web browsers (which just layered DNS, HTTP, html, and a lite weight reader….one quintillion AOL CDs later, BOOM!). The killer app for blockchain with that use case that everyone will instantly think “well no shit, that was obvious” as soon as they hear about it is already out there. Keep your eye out on upcoming token releases, you’ll know it when you see it.
Saying that in 2022 is like saying people have lost interest in the internet in like 1988 because it's dial-up and text based BBS. In any industry, banking on the tech being locked at its current state for all eternity and there's no possible way to improve is lunacy. That's just literally not how technology works.
BBS is great if you want to lose your money in shitcoins.
In addition to the speculative community being immature, crypto technology right now is also immature and not yet ready for mass consumption. This stuff is extremely complicated and takes a very long time to develop properly. Almost every project is still basically in an alpha or possibly beta state of development. Financial speculation has run way ahead of the actual practical utility at this point in time, and the hype is at dotcom bubble levels while the utility is still back in the BBS/GOPHER (pre-www) state of practical usage and uptake. As a tech nerd that is very into the idea and potential of distributed databases leading the way towards a much more decentralized and egalitarian internet, these are exciting times though. As a hobbyist dev and programmer, it feels like we are on the verge of a new frontier again as regardless what the markets are doing the baseline tech keeps building and marching on in new ways. This is the power of open source code, and how once written and preserved via decentralized distribution it can always continue to built upon and improved instead of being lost due to some centralized interest's whims and financial interests (or lack thereof).
Looks like you have a few rabbit holes to go down yet. Bitcoin (as the settlement network along with the asset), and Lightning as the payment network are standards like TCP & IP that complement and depend on each other. The internet evolved on that protocol stack because it was simple, versatile, and reliable foundation to stack all of the other protocols and standards that we needed for the modern internet. Those that are serious about a fair, digital, uncensorable currency have backed the BTC/Lightning horse for a reason. All the other shitcoins are simply copycats influenced by greed and misplaced engineering ideologies. The reason this protocol stack is so exciting is that it makes the legacy system of trust and settlement via human relationships, legal framework, and a mishmash of different technologies, obsolete. It replaces it with a trust-less set of standards, backed by cryptography and math, and accessible by anyone without asking for permission. ICO’s and NFT’s are the BBS’s and AOL’s of this generation. The lessons that we learn from their ashes will become the solutions that replace ticketmaster, gofundme, and Wells-Fargo in the future.
True. I think it’s a fair comparison to say bitcoin is to blockchain technology the same way BBS was to the early days of the internet. BTC is a fantastic application of the tech, but there’s so much more it could offer and will evolve to when we start looking at practical applications for utility tokens instead of strictly focusing on security tokens.
The government did some pretty ridiculous arrests back in the 80s when phreaking and hacking were getting big. Some BBS boards that simply hosted possible Phreaks had their homes raided and their equipment taken. Would it be any surprise if the CIA found Satoshi and told him to stfu while taking his equipment for 'investigative' purposes? If you're curious, law enforcement is allowed to take equipment for possible evidence, but has no law forcing them to give it back. Satoshi's bitcoins could be on a stolen computer rotting in CIA or FBI headquarters.
Look at BBS. You earn crypto on it. I used it a few months ago but kinda got bored of it.
I'm 40. I was on the internet quite a bit before high school, although what "the internet" was looks quite different than today. It was more clumps of people in various independent services (like CompuServe, Prodigy, AOL) and the real internet protocols that allowed interaction between them all (www, gopher, wais, ftp) were pretty lame. Pre 1995 local BBSes had equal if not more appeal than the internet for me - choosing to interact with a few dozen active local BBS users (and usually a maximum of 1 or 2 live due to phone line constraints) over "the internet" kinda shows how mediocre it was. Online gaming pushed me to find a real ISP that had direct internet access (instead of a service like AOL where you connected to AOL directly, then the internet was a secondary and much slower connection). Then I started using more universal internet protocols to communicate with those I was gaming with (www messageboards, irc, aim, ftp). Kinda took off from there I'd say.
While Bitcoin may not be the ARPANET of money Lightning certainly reminds me of BBS or FidoNet, rather than the WWW. Bitcoin is still somewhat cumbersome to use for the non-techies. Sending sats or signing messages is like using FTP or Kermit. Is the Internet mainstream btw? An astonishing 37% of the world population have never used it, obviously way less in the developed countries (still up to 20% of 16 to 72 years old). Well, not EVERYONE has to use it for it to be considered „mainstream“ but right now we’re still a tiny minority.
I need OP to go back to the early 90s and post this on a BBS hosted by his neighbor at 12 baud rate. This internet thing will never catch on, it’s only for geeks.
I was so hooked on text-based BBS RPGs
Aaah, ye olde BBS. (Wipes tear from eye). I remember it well.
The internet is a scam; it´s just BBS´s all over again in a fancy wrapping.. LOL.
Totally agree. Your view is rare amongst Bitcoiners I have interacted with online. Most seem to dismiss other blockchain projects. You said "blockchain technology has made possible much more than just transfering value" ... a project that I think is pretty cool is [BBS.market](https://BBS.market), which allows us to transfer information in a relatively decentralised way, and earn for it...
Source the “temporary” portion of the amendment. Most of the world calls it “marketing”. Like how in the 1990s the NRA marketed CCW as a murder - deterrent, but that’s not how it has worked out. Or how the DJT tax cuts actually increased taxes on middle income people, or how Bush 2 needed to time the 2nd Iraq invasion so as the troops would not be in the desert during the sweltering summer (it lasted much longer than a year), or how cable television was not going to have commercials, or how the history channel was to be about history and documentaries but has turned into a garbage dump of alien conspiracies and proto-unscripted tv. But **I’m ready to read all about a conspiracy hypothesis that I completely consumed 30 years ago on the John Birch Society BBS**
I was just reading about this recently, did you try BBS or find any better decentralized social Media?
There's also BBS. A forum where Evert post is an nft
Most of these "killers" are run just like centralised sites anyway.. CEO, founders, backers etc. They have a few little glimpses of decentralisation, but are in it for the money like everyone else. (BBS might be open source though).
And if I did see something cool on the old BBS, I had to print it out on a dot matrix printer. I had reams of that shit.
You missed my point, please allow me to elaborate. I have been here since 9600 baud, BBS era ( days before internet ) . Discourse never changed.Its not this sub, it is human condition. Show me you done homework on basics and people will happlie chirp in.Ask most basic questions that 30 seconds search would cover, you will not get a fanfare of helpful hands. People like to help those who help them self.
I learned to read at 300 baud...I remember the days before the Internet was available and we used BBS's. The early adopters are roughly 10% of our generation, that is why I used the term "most".
I would go with HTML and the world wide web. Before that, it was not someone aimed at consumers at all. Sure, there were BBS before, but in my country, connecting to one in the late 80s required an international call. By early 90s, you still had to pay, but at least it was cheaper (national call). By mid 90s, it was still modems, but cheaper (local call), and later free during the night, and finally, in 1997, free. In 1999 we got DSL I´m sure in the US access was free many years before, though.
It won't be as glorious as you think, since it's usually a slow and gradual process and people like to rewrite history in their minds. I know from experience since I'm an old tech nerd that grew up with dial up modems and BBS in the pre-www days, owning internet connected PDAs before smartphones became a thing, and currently into VR and crypto. The thing is, being a tech nerd I'm always looking at the next new thing and every single time people are always skeptical of emerging tech and can't understand why I'm into such nerdy stuff that they can't fathom ever becoming mainstream... until one day it does and they all forget they ever thought otherwise.
I think the DAO will be talked about a lot more soon. Some recent $DAO highlights \- Listed on Bithumb \- Listed on Coinone \- Added to Coinbase Custody! \- Launched first Public SHO $BBS with $1B in assets connected! \- Crossed 47M DAO locked in staking contract! \- Got whitelisted on Bancor \- Added LP
A lot of the solutions are in the process of being built out. The NFTs we've got today is akin to downloading a boob pick from your local BBS on 14.4 modem in the 90s. If you are truly interested, check out the Government Blockchain Association's website -- https://www.gbaglobal.org
A lot happened in the internet in those years. BBS and the like. Sure, adoption wasn't great, but think what were the requirements: - You needed a computer - You needed a modem - You needed an ISP Those were very heavy requirements. And still, it became more and more common. Not only you needed to have a very expensive piece of equipment that was certainly fairly limited, modem and the payment to the ISP were additional costs that were only for internet access. The requirements for having a crypto wallet today are "Invest a few minutes in creating a wallet". It doesn't ask you to have expensive hardware that is not widespread, or to purchase a specific hardware component that is only useful for crypto or to pay monthly to your ISP (or per call, which could be worse). And adoption is still slow.
The unfortunate thing is that the average person is not smart or willing enough to do their own research and may have actually gotten scammed by buying into an some rugpull like SQUID or some other "influencer"-shilled coin. Or they buy high and sell low after FOMOing in and out and then have a tainted opinion because of their poor decisions. The sad reality is, even a lot of people here in this sub don't even believe in the technology and are just looking to get rich quick. It will all change though over time as the technology continues to mature and start being usable in everyday practical ways, much like the early days of the internet shifted from things like 10% of nerds using dial-up modems and BBS to 90% of the world owning a smartphone and internet access being almost required to function properly in society these days.
Yes. It reminds me a bit of l33tspeak in the BBS/ early internet days. However I don’t think it is going anywhere. Phreakers had their own phrases no one else understood all that well, too.
Yup exactly :) If you end up in a situation where emotion, fear, ego overrides rationality then you're done for. This is ecascerbated when our leaders, driven by narcism, normalise all that and project the erroneous idea we live in a hostile world. An example would be how some of those leaders on social media infighting and tribalism use language like "sucker", "loser", "idiot" and then, because they lead by example, their followers begin thinking that behaviour is okay. This then unfurls into meatspace and civil discourse is eroded. Those people all arrived on the internet very very late. A decade ago those leaders were all laughing at nerds who congregated on Twitter. They never saw a world where YouTube would one day eclipse the control they had over cable. Folks like myself have been here on the internet since day one of BBS boards when it was mostly polite academics. We had a concept called 'netiquette' and we NEVER spoke to each other the way the masses and some of their leaders do today. There was no tribalism, just collaboration. And we built some pretty awesome stuff together in places like IRC as a result (like Bittorrent). On your other kind comments: I always say to people "bitcoin isn't just a fancy bean counting technology. It's a school". Like that early internet, I miss the days when there was no MSM, no altcoins and no noise. Just a bunch of like-minded weirdos who saw the world differently. The price of mainstream attention, sadly, is always going to be a bunch of noise. But in the end, it's the quiet ones who got involved for the right reasons, and are able to seperate feelings from fact (even if that means upending your worldview), that eventually prevail.
Ok, your comparison of actually knowing how to use the technology makes sense. Back in those BBS days, people had heard of modems and knew they connected computers but didn’t know what to do with that which is similar to people knowing about cryptocurrency and blockchains but not really understanding what to do with it or why it’s valuable other than as an investment or a way to shop.
I don't think most people know what the hell a Blockchain is or the difference between a layer 1 or layer 2. It's more like a nebulous concept: Bitcoin: something on the internet that people can buy. BBS was extremely niche. If you wanted to be a sysop then you had to have the right equipment, modem(s), and technical know how (IRQs, door setups, etc) If you wanted to be a user, you had to really dig deep to get the right terminal, configure your modem, find the phone numbers, etc. CompuServ, AOL, Prodigy... These services started truly making online social interaction a ubiquitous thing. Holding to the internet analogy, you think crypto is at this stage or beyond? I think we really are more in the initial stages of Prodigy, AOL, etc. I think it _seems_ like crypto is so advanced, but I think it's only because we're balls deep in it. Bring it up with a random person, and it'll be something they "heard" if, like it's a mythical creature.