Topic: How Satoshi Nakamoto Fooled the World - page 29. (Read 8983 times)

Coming from a newbie all I can wonder is where you got this kind of misleading information from??

My little advice though, try to make your research from a reliable source don't come up here misleading and confusing people who are still trying to gain useful information about information.

After all I must come forward to answer !

Snowshow has made a complex statements as the OP thinks, Satoshi cited Bitcoin is like Adam Back's hashcash style transaction mechanism in the Bitcoin White Paper. Now the OP think, Bitcoin the same thing like the email or text messages. I think,  I know the OP behind the Snowshow, who has discovered the Bitcoin Great Secret that Bitcoin does not exist. Well the fact is electricity doesnot exist in a physical form. OP think Dollar exist. Dollar, Euro or Pound Sterling or Yen are just token created by bunch financial elites behind the central banks, and they forced the government to adopt it as the legal tendered currency. 

Now, Bitcoin is system and representation of electronic cash. Numbers play the role as identifier of its asset value or intrinsic numerical value when some one buy it with fiat currency. Fiat currency is not money but a monopolized dictatorial financial representation which is controlled by a group of financial elites and their numbers are less than 0.1%. Bitcoin is also a network of financial transaction system based on Blockchain protocol. Thus when Blockchain facilitate to mine Bitcoin computationally it becomes the Electronic cash according to the Bitcoin Cryptographic Protocol.

Bitcoin exit in the Blockchain database as numerical representation of unit of economic value. Therefore, the OP need further economic education regarding what is Money and what is economic system that provides financial services for people to make monetary transaction. Bitcoin does it electronically and uses numbers and cryptographic code to send it and verify its authenticity.
OP should do diligent research about Bitcoin and its fundamental nature and how it function as transaction system as well as Digital Electronic Cash.

I thinks this answer the OP's quest to discover the great secret of Bitcoin.


BitcoinMoses

Just like that, Bitcoin exists as a digital currency that can be minted under a specific rules and that gives it a value. And just like time and a computer program, it doesn't have to be in a physical form. Why do you insist that it has to be in a physical form? Where did you get that info from?

In fact, this statement is factually correct, but you are unable or unwilling to comprehend. Your problem, not ours. As I told you before, stating that the Sun does not exist because you are visually impaired is not a statement of fact.


As you know, bitcoins are digital. All that is digital does not exist in physical form, as we've been telling you time and time again. You really don't get it?

Of course I am not able to sell or show a coin that actually doesn't exist but I just claim it does by writing down fake data. Time exists as a concept of continued progress of events. A computer program exists as a sequence of instructions in a programming language that a computer can execute or interpret. But we are not discussing time and computer programs here. We are discussing some coins called Bitcoins that people supposedly bought when paying an enormous amount of money. So, I will ask you again: where are these coins?

You can claim anything you want, but will you be able to sell someone 10 ddghjjkjgf? I'm not sure, but you can try. Let me know how it goes.

By the way, I'm still waiting for you to tell me how can time or a computer program exist without anyone seeing them?

Data is a generic term and means nothing. I can put the following data next to your name: "10 ddghjjkjgf" and then claim that you bought magical coin called Ddghjjkjgf. That's nonsense. If I claim that this coin exists I am required to show it, and not just write down its quantity and name, or its "data". So, can you show 10 coins that a person with a number "10" attached to their address supposedly bought for half a million dollars?

No, actually you are pathetic with ignoring every single statement that you don't have the answer to. You didn't answer me can you see time? You can't. How can you prove to me that time exist when you can't see it?

And one more thing... No, addresses and numbers are not stored on a public ledger. Data is stored on a public ledger just like data is stored on a hard drive when you install an app that you bought.

You're pretty pathetic with this generic phrases. You say bitcons are "digital data stored on a public ledger". But what is stored are addresses and numbers. So your claim is factually incorrect. There are no bitcoins on a public ledger. You repeatedly claim that bitcoins exist and then all you are doing is showing address with the supposed quantities of bitcoins. But not bitcoins themselves. So, where are they? You're claiming they exist, which is why you're required to support your claim.

As I said before, there are no physical Bitcoins. They are digital data stored on a public ledger. And that's it. You can't argue that something doesn't exist just because you can't see it.

These points of bitcoin have already been explained to you by other posts in this thread.

If you ignore what they have said, and the basic points I have said, then the main topic becomes: "why are you ignoring these basic things".


Look here, at what slackovic just said:


Do you not see him pointing to the same problem I am pointing to: " you ignore that question or ".

Why would we be saying this?

Your opinions on me are irrelevant. Show me bitcoins given you're the one claiming they exist. When someone says they own bitcoins, all they are able to show are numbers next to their address. These numbers supposedly express the quantity of their coins. But where are the coins? Where are the bitcoins? I examined the Satoshi's system and I didn't find them. You claim they exist. So where are they?

Elements of bitcoin? First you must show bitcoin instead of refering to the system that just stores and protects numbers according to some cryptographic protocols. You must show the thing that a person supposedly bought in the quantity indicated by a number attached to their address. People are not buying nodes, blockchain, protocols or other elements of Satoshi's system. But supposedly some coins called Bitcoins. Where are they?

So, show me bitcoin and not your opinion about me. Nobody cares about your opinions on forum users.

Man, you just won't give up, will you? For the bold part, you refuted nothing. You are just saying that Bitcoin does not exist without proving anything. When someone asks you a question you don't have the answer to, you ignore that question or you state it has nothing to do with this thread.

Wo, that is a really bizarre comment, since the only things I have mentioned are the properties of bitcoin, the elements that you have missed, etc.  These are also things that others have also posted in these comments.  And, since you actively side step and ignore these elements of bitcoin I had to add about your constant evasion of these basic things, and so noticing this evasion is a big part of this thread.

There seem to be too many elements that you are ignoring, I don't have time to go through all of them, I have other things to do, and this is why I passed along that article.  If you'd read it you would learn some things that you are completely missing.

Or, like I already mentioned, and I repeat, it would seem you are actively ignoring these elements of bitcoin that I and others have passed along within this thread. You say that you only care about "facts and arguments", but you only seem to ignore "facts and arguments".  It would seem that this is really your main dilemma.

Everything that you just said are things irrelevant for the facts I have presented here. The only thing you're supposed to do, if you're replying to my posts, is to prove the existence of Bitcoin. You are one of those who claim Bitcoin exists. Your colleagues tried to prove the existence of Bitcoin, but I refuted all their arguments. Then you came with opinions about me and false interpretation of one of my refutations. So there's no substance in your replies that I could address. I don't care about your magazines or opinions. I care only about facts and arguments.

It's not really an "opinion" if anyone can arrive at the same conclusion.  It is literally on display for anyone to read in black and white within this thread.

It does seem that you are misunderstanding some key elements of bitcoin and of digital technology in general, and maybe this is why you arrive at your odd conclusions.

I am not really interested in going through what all of those key facets are, but here is recent article that hits upon those key aspects of what makes bitcoin work and give it value.  It might help you some:

https://bitcoinmagazine.com/culture/why-bitcoin-has-no-competition

Well, you can talk about evasion all you like. It's just you opinion. Completely irrelevant for the topic at hand. And like I already said, I am presenting no arguments here, but only facts. I am also refuting your rationalizations for denying the facts.

This is just more evasion.  ... It does seem that the repetition of evasion happens a lot in this thread.

Delineating the evasion in your comments is not about "you". 

Evasion happens when it is difficult to hide from the obvious: that you have no argument, no concepts to stand on, then evasion is all that is left.

 

Why do you think that your interpretation of this discussion means anything?

I don't care what you think about me. This is the discussion about the non-existence of bitcoin.