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Of course Bitcoin built on previous ideas, but the ideas were more theoretical, in the realm of academia and obscure cypherpunk mailing lists.

The components of an iPhone (e.g. the touchscreen, microprocessor, RAM, SSD drive) OTOH were already mass-produced and widely adopted in consumer electronic.

I don't want to understate the iPhone's impact. It spurred the development of better LCDs, touch interfaces and especially SSDs, but it was undoubtedly still working off a more established base than Bitcoin.

The consensus algorithms predating Bitcoin required some percentage of participants to be trusted identities, so were quite different than what Bitcoin pioneered.

Hashcash was a very limited experiment that had no consensus system. Utilizing the proof of work idea of Hashcash to create an identity-less consensus system was more conceptually groundbreaking than iPhone's marriage of touch screen mobility and personal computing.

While the iPhone added a personal computer to a mobile phone, in a user friendly touchscreen package, the blockchain created something that was totally new: distributed consensus without known and trusted parties.




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