If traveling back in time were possible, people would have traveled back with ASICS to mine a ton of coins. This competition would have eventually led to people broadcasting all the blocks up until when time traveling was invented (say 200 years of blocks). This hasn't happened so. I think it's safe to say time travel to the past is not possible, or at least humans will never invent it.
Discussion
Eh. I don’t think this is a convincing argument. It makes the assumption that a time traveling civilization would value bitcoin. Who’s to say time travel isn’t theoretically be invented in a post-bitcoin world, or by a non-human civilization somewhere in the universe?
The absence of evidence is not the evidence of absence. Saying that because something hasn’t happened yet, it’s clear time travel could never be possible simply isn’t a compelling argument. You could make that argument about a bunch of things.
The word 'may' was used used very intentionally. But it's a theory worthy of further conversation. 😁
Thanks for your input.
> Saying that because something hasn’t happened yet
You're thinking in linear terms. It's not that something hasn't happened yet, it's that the current state of the world is X, which suggests that the world hasn't been altered by time travel.
Would you agree that it’s a possibility that the civilization that were to invent time travel would have no use for “money” and as such, would have no incentive to alter the bitcoin time chain?
Part of my philosophy is that the Bitcoin ledger is the hardest immutable source of truth we have ever known. It will be used as hard evidence that things are ordered in the way they were broadcast. Going back in time would allow you to (aside from being wealthy) change the natural order of things - which to me will have been far more valuable than money. Therefore, if it had been possible in the future, it would have already happened in the past.
Oh no, now I'm cross-eyed.
This is assuming that the bitcoin time chain is widely accepted as a source of immutable truth. Despite us believing it to be so, the majority of people pre-2009 don’t view gold as the dominant store of value, despite that factually being the case. The thing about the concept of “truth” is that ultimately, it’s subjective because it relies on the beliefs of people who recognize truth and have shared opinions with others who recognize the shared truth.
What if the civilization that invents time travel doesn’t in aggregate see bitcoin as the immutable truth? What if they’re communicating telepathically through implanted hardware, making lying impossible and as such, there is no need for a neutral system to establish and enforce “truth”?
They could still get a bunch in 2009 and sell it all at 69k and be extremely rich.
Yeah but they’re from the future where dollars obviously don’t exist. Why would they sell it?
Fiat-rich is not a priority for those transcending time.
Seems to me if you can transcend time you have no use for resources. If time isn’t finite, you have no incentive to save or plan etc, because you can always reverse to erase mistakes. Ironically, it seems like in a world of time travel, the only thing that matters is the present moment.
12 monkeys shit
Like an ongoing Hawking’s party for time travelers 🤘
Agreed. There is one very improbable case though that would explain the absence of time travelers. We are in the very first run. But in my opinion this only shows the paradoxicality of time travel and more reason that it is not possible.