When the Hydrogen bomb and the computer that has to be pressed every 108 minutes is set off, they both release a white light. My theory is that this white light teleports them through time, so that when Oceanic Flight 815 originally crashed, the survivors were not actually in 2004, but had been sent back X amount of years. This also goes along with my idea as to why only the foot of the statue is standing, not because it was destroyed, but because it hasn't been finished yet. When we saw the full statue, it was during the rapid time travel flashes. Now it is completely possible that one of these flashes was a flash to the future 2004 and on, revealing the completed statue. I believe that we were led to believe that the show started in 2004, but really took place X amount of years before then.
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