If I were a time-traveler from 2025 to 2013, and things were roughly as described, you can bet I would go straight to Reddit and tell, in lurid detail, the tale of this digital dystopia.
Not because I expect it to change the outcome. Time travel doesn't work like that.
No, I would do it because I would need to do it -- because in a sense, I had already done it. I would, in all likelihood, already be aware of having done it, because during the time leading up to my temporal voyage, I would have read the words time-traveling me had already written.
And I would be very glad to do it, whether or not I had a choice in the matter, because I would already know about the Bitcoin I would receive from amused Redditors for having done it.
I might have to return to the dystopian future, but I would return very rich. Probably rich enough to afford adequate security protection and to live out the rest of my days in luxury. It might not be the best outcome for the human race as a whole, but it would be a very good outcome for me.
Time traveling backwards is not possible. Time Traveling forward happens the faster you move. Satellites have to compensate for the fact that time is different the faster you go.
I think it's "time traveling forwards happens slower the faster you move."
The easy explanation is that we're traveling in a 4 dimensional space at the speed of light, and any increase in speed in the 3 spatial dimensions must subtract from your speed in the orthogonal time dimension.
If I jump on a ship and travel near light speed (Not possible yet) and then land on the same spot I would not have spent the same time as those on the earth.
Now at a tiny level anyone ever on an airplane also will have spent less time than those who never have flown.
I have always wondered, when satellites have to have their clocks compensated, is it that they are experiencing time differently, but are still in present time?
To rephrase it, how does one know they are not in "now" but the past? apart from maybe measuring ages of their counterparts etc.
Travel back in time and travel faster than light are logically equivalent, and seem to be utterly impossible in our universe. “c” does seem to be the iron law, the speed of causality, but of course who knows? I don’t see a universe without causality having people in it though!
Governments can do an awful lot of things to collect taxes. For example a comment [1] to a similar story [2] suggests a benign one, that they "ask you to surrender the public keys that you are getting paid through". How to know there are no undisclosed keys? Much like they get people with untaxed money now: they spend more than they should.
Do you all remember when Gold went up to ~$1850 in 2011 (about $2015 in today's money) never to reach those prices again (today's gold spot price is $1294.57)? The price did skyrocket, but what goes up must go down, especially in the financial field. Also, BTC reached the price of about $1150 in November of 2013, and then didn't get to that point until January of 2017 (If I'm reading the data on coinmarketcap correctly). The prices of BTC at the moment were largely driven to this point due to rising political and social upheaval and uncertainty in the market. Bitcoin is currently a bubble that's ready to burst. Also, if you want "privacy" use Monero or Zcash, not Bitcoin.
Amazon, as well. Generally speaking, strong stocks keep going up. "Strong" in the sense of innovation and profitability. Twitter, on the other hand, is still struggling.
There is a school of though in economics that believes that in the current ~20 years economy, there is a recession every 7 years (roughly 2008, 2001, 1994).
This school of thought thinks that a recession right now is due and some people think that it is already cooking. I think the value of cryptos (BTC, BCH, ETH, etc) will be pushed up when these recessions happen.
The value of Gold went up in 2011 due to several factors. EU instability because of Greece was part of that. There was also some USA instability that caused some further grow in Gold price (I don't recall precisely which came first, US or Greece issues).
Even if they show you, you'll never know until that block is mined. They could, however, show us something that happened today (a scandal or something) with the use of Bitcoin. In other words, bribery of elected officials or something similar. Perhaps related to the relentless attempts to repeal net neutrality? - Or maybe the outcome of a near-future vote in Congress.
This is from a time when we thought Bitcoin would be the only cryptocurrency.
In the meantime the core devs have spend countless hours on twitter arguing with trolls and there are a dozen or so new blockchains with better features and covering different use cases.
This guy claims to be from our culture ~20 years in the future. Your question seems to be something like "Yeah, but what if everything was completely different?"
Not terribly relevant in this case since I doubt anybody is even remotely fooled, but more interesting in the Jon Titor case, where I think many people were (albeit with a certain amount of willingness). He kept his predictions close to his chest and tried to play off any inaccuracies as issues with "alternate realities", but if that is true and you're not even in your own past anyhow there really wasn't very much reason not to be far more free with the details of the timeline that we may not even be in.
I wouldn't talk to anyone: they'd die of several diseases from my breath pretty quickly if I understand the epidemiology of it. I wouldn't want to kill people, or get labelled a plague carrier!
I doubt i can ever convince someone from over 600 years ago about anything.
Someone who is reasonable well-informed, but living in the year 1371 is still a whole different level of information than someone who is reasonable well-informed today. Lots of concepts have not been discovered/invented and another whole bunch are lost.
"Economic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money."
See, if you don't invest your money you simply make everyone elses money more valuable, until someone actually does invest it.
You need to stop looking at money and start looking at resources, time, etc.. Those stay the same, no matter how much money is spent.
"Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime."
You know the Industrial Revolution happened when wealth was measured in gold.
Do I really need more excuses to stop reading this bullshit?
Well, when this was written in 2013, the numbers for 2015 and 2017 probably provoked the same response (haven't read through the Reddit thread to check it). That being said, I'm with you in doubting Bitcoin will ever be worth $100,000.
That's $100,000 for anybody who's not insane. Seriously, why use the "decimal point" as a digit separator? You might as well start using Roman numbers too!
In countries where the dot is used as the thousands separator, it is not a 'decimal point'. In fact, much of the world does NOT use . as a decimal separator:
Actually this raises an interesting point (gah), how is "1,25" vocalized? Do they say "1 point 25" like non-Europeans do? Because if they do a case can be made that "point" more naturally corresponds to the symbol that looks more like a point, making the non-European system unambiguously more logical.
The number of countries using it does not justify the usage. I'm saying that the symbol "." is a decimal point in English. When writing English why won't you obey the rules of the language?
Consider how Americans write dates MMDDYYYY. It's fucking stupid, no matter if 300 million Americans use it. Same deal with this.
I'm not sure whether you're trolling or whether you truly don't understand the issue here, but your hostility is not only rude, it makes for an incredibly boring thread.
I'm sorry if I came across as hostile or rude. I genuinely feel that using decimals as digit separators is distracting and technically wrong when you're writing English.
Full disclosure since some people are assuming I'm an American imperialist: I am not an American, nor have I ever been to America.
First, I don't care where you're from and I generally dislike engaging with people who will say things like "American imperialist", particularly when it relates to communications standards.
Second, it's okay to have opinions, but in this case, groups with significantly more clout (ie - the Conference on Weights and Measures) disagree. In the early 2000s, the conference resolved that the symbol for the decimal marker could be either a period or a comma. Both are completely acceptable. The Conference on Weights and Measures also does not approve of the use of thousands separators, so technically, these are both correct:
original_hash = Hash(hash of tomorrows block) and revel the original_hash to decode the tomorrows hash day after tomorrow. That way you do not disrupt the future and also can verify your authenticity of time travel.
Not because I expect it to change the outcome. Time travel doesn't work like that.
No, I would do it because I would need to do it -- because in a sense, I had already done it. I would, in all likelihood, already be aware of having done it, because during the time leading up to my temporal voyage, I would have read the words time-traveling me had already written.
And I would be very glad to do it, whether or not I had a choice in the matter, because I would already know about the Bitcoin I would receive from amused Redditors for having done it.
I might have to return to the dystopian future, but I would return very rich. Probably rich enough to afford adequate security protection and to live out the rest of my days in luxury. It might not be the best outcome for the human race as a whole, but it would be a very good outcome for me.