MrRenev

Bitcoin: Most disruptive tech the industry has ever seen.

Education
MrRenev Updated   
BITSTAMP:BTCUSD   Bitcoin
Here is my top list of the most important inventions / advances humanity has ever made:

1. 300,000 to 1 million years ago: Human ancestors learn to use fire. This enables herbivores (which we still are today), to get more calories in and spend less time eating freeing more time for thinking and inventing (eating all day long is what is limiting gorilla's for example). It begins!

2. 1.5 million years ago: Human ancestors invent weapons Handaxes, Spears (I think most apes are still at that stage and probably never go further since global warming, tough luck).

3. Tens of thousands of years ago: With fire, mankind gets to find new calorie sources. Unedible plants become edible. Meat becomes edible. Bones are discovered to contain marrow, highly caloric. Nothing is wasted. On its path to becoming the #1 race. Big cats and bears had a strong early game but their reign is soon over.

4. 25,000 years ago: Man teams up with dogs. Little creatures cannot hide anymore. They get smelled, they get pulled out of holes. Dogs gives man a super radar that detects anything in the surrounding. Nothing can get close either. A predator comes close to baby? Dogs jumps and alerts every one and probably reks the predator too. Changed everything.

5. 50 years ago: Spacecrafts launch into space. Has not much uses yet...

6. 10,000 (or more) years ago: Porrige/early bread is invented. Wahmen can feed children more easilly, high calorie, high nutrition. Higher survival rate, higher life expectancies. More time freed for inventing new things.

7. 10,000 years ago: Agriculture.

8. ??? : Clean drinking water might have been a thing early on or only came much later I don't know.

9. 3500 years ago: The wheel.

10. 5000 years ago: Writing.

11. 50-100 years ago: Computers. Everything boring goes 500 times faster now. Does so much.

12. 150 years ago: Electricity.

13. 1000's years ago: Man uses oxes and horses to move objects including himself.

14. 50 years ago: Satellites get launched into space.

15. 30 years ago: The internet.

16. 100 years ago: Planes.

17. ??: Money and finance.

18. 2000 years ago: Waterwheel. Before electricity things moved on their own... With the power of waterwheels.

19. 2000 years ago: The compass is invented.

25. 300 years ago: The steam engine.

30. 100 years ago: Cars (without horses).

50. 600 years ago: Printing press.

100. 100 years ago: Henry Ford industrial methods.

150. 1000's years ago: Pottery. It's a big one, but not as much a big deal as the ones above. Overestimated.

200. 100 years ago: Invention of the phone.

250,000: 50 years ago: Invention of ranch dressing.

500,000: Water bottles get a plastic sheet surrounding them, on it some information is written, as well as the name of the brand.

~ 1 million: Pokemon cards invention.

~ 1 million: Magic: The Gathering Online eXchange opens (MtGoX short). A revolution in card collection speculation. "Investors" had many trouble with pokemon cards and such: they can get lost easilly, stolen, they age and get used, their company can start producing a ton (example with beany babies). With magic coins (TM) they have something infinitely dividable, it sounds "financy" and "serious", their magic coins do not get used like cards or beany babies or video game cartridge, so their condition will not affect their price (negatively), AND the supply is LIMITED (pokemon corps or beany baby guy cannot create more infinetly). It also makes these exchanges much easier, no need to meet in person, no shipping fees. It's actually pretty good not being ironic. The most disruptive invention the card collecting industry has ever seen!



Democracy is not listed, idiots getting to voice their opinion is not a great invention.
Idiots that are not present in a single invention in the list. They just slow down the rest.
Comment:
Here's the deal: If PonziCoin falls too much and does not instantly bounce I believe it will never recover.



That it is impossible to find charts of such decline says everything...
Absolute death.



Long way down to go. Let's see what happens after 1xxx $ is reached.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.