Twenty Years Ago, Two Men Predicted Bitcoin

[Kargai]

It can seem crazy but 1997 was already 20 years ago and even if Internet was only at his very beginning (no social media, no google, etc.) 2 men wrote a book predicting something who is really similar to what we know today as Bitcoin and crypto-currencies.

Those 2 guys, James Dale Davidson and Lord William Rees-Mogg, wrote a book called "The Sovereign Individual: Mastering the Transition to the Information Age (TSI)", a history book focused upon the coming future. And in the book they stated that with the coming information online a new type of money will need to be create.

But they were not "vague", in fact this is exactly what they said back in the days ;

 “Soon, you will pay for almost any transaction over the Net or World Wide Web at the same time you place it, using cybercash. This new digital form of money is destined to play a pivotal role in cybercommerce. It will consist of encrypted sequences of multi-hundred-digit prime numbers. Unique, anonymous, and verifiable, this money will accommodate the largest transactions. It will also be divisible into the tiniest fraction of value. It will be tradable at a keystroke in a multi-trillion-dollar wholesale market without borders,” 

That's crazy right ? Super specific even if they didn't knew the terms we use today as crypto-currencies, blockchain & co.

Source : https://news.bitcoin.com/twenty-years-ago-two-men-predicted-bitcoin/

[Kargai]

I merged both threads since they are the same

[wilberthh]

Yeah bitcoin is an unique and awesome coin. What a prediction! I'm amazed seriously.

[Kargai]

7 minutes ago, Han2x said:

. I think you got it more cool on your thing @Kargai. But thanks for doing it. You are my sensei. I love the news on how it became true. 

I hope I can have the book and read the whole of it. Maybe it's written there that the future of bitcoin also. 

I found the book on Amazon here in France but a little too expensive ^^ (55$)

[maverick528]

More important than predictions, it is also important to notice that there were scientists, mathematicians or maybe simply geniuses that made work and proposals of cryptocoins, and their ideas were used later by Satoshi Nakamoto (and this was acknowledged in his white paper).

In 1998 for example, there was a proposal for a cybercoin called B-money.

https://en.bitcoin.it/wiki/B-money

http://www.weidai.com/bmoney.txt

It was made by Wei Dai:

https://en.bitcoin.it/wiki/Wei_Dai

 

 

 

[skillex]

51 minutes ago, maverick528 said:

More important than predictions, it is also important to notice that there were scientists, mathematicians or maybe simply geniuses that made work and proposals of cryptocoins, and their ideas were used later by Satoshi Nakamoto (and this was acknowledged in his white paper).

In 1998 for example, there was a proposal for a cybercoin called B-money.

https://en.bitcoin.it/wiki/B-money

http://www.weidai.com/bmoney.txt

It was made by Wei Dai:

https://en.bitcoin.it/wiki/Wei_Dai

 

 

 

Yeah you're right maverick for we all know scientist word is a broad term not just in physical things discoveries but also in cyber world term. This are these intelligent Software engineers developing an extaordinary code that is really a big help in the future.

[bUZz]

4 hours ago, Kargai said:

I merged both threads since they are the same

Thanks for sharing @Kargai Very interesting.

[Ymerej]

Is this just a coincidence or they really can see the future  the amazing part is there predictions was 90% accurate. Thanks for this

[xtinepink]

Wow! That’s cool. Simply these men are genius. During those times I was just playing hide and seek.? 

I wonder if they invested in cryptos too?

Again thanks for sharing this @Kargai

[ExtraLextra]

wow ... im having a goosebumps while reading this .. I've just got into crypto currency a year ago, that was august of 2016. From the moment ive read about bitcoin I was really fascinated, its only at 600$ back then.. Unfortunately, wasn't able to bought a lot :), now im always like beating myself for not spending my allowances into it back then.