08-25-2022, 11:30 AM
(This post was last modified: 08-25-2022, 11:48 AM by Necaris.
Edit Reason: Wording
)
No, Runescape coin was likely not an inspiration for Bitcoin specifically.
There were predecessors, like BitGold by Nick Szabo. There were also ideological predecessors, like John Nash's ideal money. Milton Friedman talked about private, internet money in the 90s (Bitcoin isn't private by the way). Most of that was before Runescape.
There is a finite supply of party hats now, just like there is a finite supply 21M bitcoins. That might have primed people for limited supply coins such as cryptocurrencies, NFT's etc. The party hats are more like Bitcoin than Runescape gold, except Jagex can likely change the amount of party hats at any time. Or there might an inflation bug that increases the supply of phats. There might by an inflation bug with Bitcoin, but I assume it's very unlikely, since some of the best computer science minds are analyzing that code.
As for other cryptocurrencies, tokens, NFT's, I don't know what influence Runescape had. But there are some people active in the crypto space that have played Runescape, so that might have shaped their view partly.
There were predecessors, like BitGold by Nick Szabo. There were also ideological predecessors, like John Nash's ideal money. Milton Friedman talked about private, internet money in the 90s (Bitcoin isn't private by the way). Most of that was before Runescape.
There is a finite supply of party hats now, just like there is a finite supply 21M bitcoins. That might have primed people for limited supply coins such as cryptocurrencies, NFT's etc. The party hats are more like Bitcoin than Runescape gold, except Jagex can likely change the amount of party hats at any time. Or there might an inflation bug that increases the supply of phats. There might by an inflation bug with Bitcoin, but I assume it's very unlikely, since some of the best computer science minds are analyzing that code.
As for other cryptocurrencies, tokens, NFT's, I don't know what influence Runescape had. But there are some people active in the crypto space that have played Runescape, so that might have shaped their view partly.