The internet was created in 1974 by Vinton Cerf and Robert Kohn when they produced the Transmission Control Protocol/Internet Protocol (TCP/IP). This invention allowed data to be broken down and transmitted over long distances to the right destination.
It was roughly 20 years before the Internet became the Internet. Ya know, the place where we waste time looking at memes, save time by letting robots do our taxes, and yell at each other in all capital letters about our political views. Yeah, that place.
Ever since the Dot Com crash in 2001, the internet has normalized and we have entered the Digital Age. What started with email, transformed to social media, twisted into shopping, replaced traditional entertainment, and made a small world even smaller.
Amazon moved shopping online.
Netflix moved entertainment online.
Google moved information online.
Facebook moved friendship online.
Apple moved communication online.
The Digital Age has seen a shopping, entertainment, information, friendship, and communication revolution IN ONLY 20 YEARS.
You know what hasn’t seen a radical transformation in the last 20 years?
Money. Sure, we can pay for things online, use Venmo or Cashapp to ‘instantly’ send money to friends, take pictures of our checks to deposit them, and all that cool stuff.
However, the entire concept of money has remained relatively unchanged. Banks have taken the Digital Age and slapped band-aids over their existing infrastructure. Credit cards still take days to finalize, sending money overseas is a rhymed wrapped in a riddle, and credit scores are still based on your credit history (which is hilarious because, um, how can you have credit history if no one will give you a credit card because you don’t have credit history?).
It’s pretty crazy, how slow money moves in the context of the Internet.
It’s pretty crazy, that the internet still runs on dollars, those green paper things with dead white dudes printed on them.
It’s pretty crazy, that people think Bitcoin is going to fail because it is the first successful attempt to move money online.
Bitcoin is the first natively digital currency.
Bitcoin is also the most secure digital currency.
Bitcoin is the first step in the Digital Age’s financial revolution.
Crypto News Sonnet:
MassMutual bought $100 million in BTC
The narrative of reserve asset solidified
Just ask the guys over at Microstrategy,
Buying $650 million in BTC… Citibank is terrified.
Grayscale is still doing their thing
Buying BTC and ETH, a sidedoor ETF
Making all the cyberhornets sing
Though it still seems that Peter Schiff is deaf.
Pomp is Podcasting and Peter is asking What Bitcoin Did
Listen to Ryan Selkis, Lynn Alden, Cynthia Lummis, and Gary Vee,
If you want to stay up to date and on the crypto grid,
It’s a good place to start for newbies, especially.
The world of crypto is moving fast
Buy some BTC and to the moon you shall blast!!
BTC Price: $19,123.78
-Kram
KRAM 