Was Bitcoin Invented to Catch Time Travellers?

By July 17, 2019 Bitcoin Business
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It’s lazy Wednesday and we’re a bit bored with all this serious news reporting stuff, so time for some silly time travellers fun.

Five years ago, someone claiming to be a time traveller begged bitcoiners to stop what they’re doing. He, she, or whatever it is, said in August 2013:

“On average, every year so far, the value of Bitcoin has increased by about a factor ten. From 0.1 dollar in 2010, to 1 dollar in 2011, to 10 dollar in 2012, to 100 dollar in 2013.

From now on, there’s a slight slowdown, as the value increased by a factor ten every two years, to 1,000 dollar in 2015, to 10,000 in 2017, 100,000 in 2019, and 1,000,000 in 2021.”

He was wrong, but not too wrong. Bitcoin rose above $1,000 a few months after this post in November 2013. It did reach $10,000 in 2017, but it does sound like just an extrapolation based on previous price actions.

Buttcoin, which at the time was hugely active in trying to undermine bitcoin, claimed this time traveller as their own.

It was a joke, obviously, by someone who thought the deflationary nature of bitcoin would lead to devastating economic outcomes if it was used as a day to day currency.

Shortly after, beginning in 2015, bitcoin pivoted from its ambition to be a currency used in local shops, to more of a store of value that can also perform the function of means of exchange, but not as conveniently as a centralized fiat currency where it comes to paying at a restaurant.

Today, someone else claims to be a time traveller, with no political element in this case. It being more a bandwagon of sorts on what is starting to fascinate:

This too is, in this case perhaps not quite a joke, but a prediction based on bitcoin’s tendency to double when it’s on a bull run, a tendency that has applied in all previous cases perhaps due to its algorithmic design.

But could time travel be real, and if it is, wouldn’t it show up precisely around now during a time when everyone and anyone can take the microphone and everyone and anyone could amplify it to the entire world?

Time Travellers

“Another way of revealing extra dimensions would be through the production of ‘microscopic black holes’.

What exactly we would detect would depend on the number of extra dimensions, the mass of the black hole, the size of the dimensions and the energy at which the black hole occurs.

If micro black holes do appear in the collisions created by the LHC, they would disintegrate rapidly, in around 10-27 seconds.

They would decay into Standard Model or supersymmetric particles, creating events containing an exceptional number of tracks in our detectors, which we would easily spot.

Finding more on any of these subjects would open the door to yet unknown possibilities.”

So says CERN where they’re engaged in the studying of subatomic matter and perhaps the creation of tiny black holes that almost insta disappear.

“Is it possible, within a short time (less than a human life span), to travel into the distant future? And is it possible to travel into the past?

Our current understanding of fundamental physics tells us that the answer to the first question is a definite yes, and to the second, maybe.”

So says William A. Hiscock, a professor of physics at Montana State University. The maybe in this case perhaps being something like: who on earth knows.

They appear to agree that if you travel at or near the speed of light, you would age a lot slower, and therefore you would go to the future quicker.

That’s more about you, however, than about them. Time is moving quicker for you, but you’re not affecting them. You’ve kind of detached yourself.

For you to go back in time is a very different matter. You would have to not only slow down your aging, but pretty much reverse it.

For you to go back in time at the current age would be to enter some other dimension. Even there, you’re not quite going back in time, but to a different time, if there is any other parallel mirror at all.

So logically going back in time must be impossible unless it amounts to something very different to what we’d consider going back in time.

Meaning the answer to the title question is obviously no, but what’s the harm in silly kids having some imagined time travel fun as they keep guessing whether bitcoin will go up or down.

Editorial Copyrights Trustnodes.com

Five years ago, someone claiming to […]

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