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Topic: How Satoshi Nakamoto Fooled the World - page 30. (Read 8983 times)

full member
Activity: 287
Merit: 159
March 25, 2022, 10:21:24 AM

It's a very sad situation when you don't realize that you're the one having problems. I have said to you multiple times that I am referring to entries next to addresses. These entries are what changes when people supposedly buy Bitcoin. I am simply telling you that these entries are fake because no THING with the quantities indicated with this entries exists in the possession of these "buyers".

And what you do? You completely ignore the entries, and keep talking about the code that manages the entries. If entry in my brokerage account says 100 TSLA, I don't care about the system that make this entry to appear on the screen. What I care are shares in the company. Company is the THING. That's what I buy, and not the brokerage system that manages data. So, whers the THING indicated with the entry 10 BTC people supposedly buy? That's of course a rhetorical question. No such THING exists in the Satoshi's system.

Me and 100 million other Bitcoin users are having problems? Apple CEO, Twitter founder, few presidents, governments, stock exchanges, investment banks, financial supervisors, brick and mortar banks, thousands of companies around the world... We don't realize we are having problems?
Well lucky me that I met you!  Cheesy

I'm sure to tell everyone from now on that don't listen to those hundred of millions of people, companies, investors etc. and don't you dare to verify anything about Bitcoin from its source code because this one guy in the internet says they are all wrong and he knows the truth! Cheesy
Well, you're free to think or tell people whatever you want. But that won't make bitcoin to appear. Btw, here's a quick lesson for you:

An argumentum ad populum is an argument, often emotionally laden, that claims a conclusion is true because most, all, or even an elite group people irrelevantly think, believe, or feel that it is.

An argumentum ad crumenam argument, also known as an argument to the purse, is the informal fallacy of concluding that a statement is correct because the speaker is rich (or that a statement is incorrect because the speaker is poor).

The appeal to wealth fallacy is committed by any argument that assumes that someone or something is better simply because they are wealthier or more expensive.
Here is a lesson for you:

evasion The action of evading something. The avoiding of an argument, accusation, question, or the like, as by a subterfuge.   Example: "their adroit evasion of almost all questions".

This is a tactic you have used throughout this thread.  Here is an example:

Iron Fist asks, repeatedly:
But I did not sell my address in the system. I still own the address.
To say "nothing" cannot be factually correct, because logic dictates that I obviously sold something. I owned "something" that, after the sale, I no longer own. I ask you again, what did I sell?

Here you evade, ignore, then finally give a nonsensical answer (more evasion).

You asked what you own. You own an address. Like everyone that installed a wallet application. That's all that you own. Now, whatever playing with the numbers the system performs around your address doesn't make you an owner of something.

... and the following nonsensical answer completely misses the whole point of bitcoin, and how it works, that is, that it is able to make a digital unit unreproducible.  This is something new in the information age.  Among other things, this ability to make a digital unit uncopyable gave bitcoin its initial value (as opposed to other previous attempts at digital money).

My answer to you is: nothing. You sold nothing. Take this analogy. I write down my name and "1 Zeus" next to it. I now have "something" associated with my name. I go to my neighbor, I exchange it for fiat currency (for $ 44k) by writing down his name and "1 Zeus", and by writing down my name and "0 Zeus" next to it. Now I don't have that "something" anymore. All I have left is just my name. By definition, this process is called sales. My question to you, what did I sell?

... and then there the other instance of evasion where you simply say

I am not interested in your fantasies. Sorry.

That is the biggest tell that you know you can't answer that question, because paying any attention to answering their question shows that you simply got it wrong.

A "tell" is something that a person does to unknowingly indicate the strength of their hand or what one of their future actions might be.

jr. member
Activity: 252
Merit: 1
March 25, 2022, 09:30:21 AM

It's a very sad situation when you don't realize that you're the one having problems. I have said to you multiple times that I am referring to entries next to addresses. These entries are what changes when people supposedly buy Bitcoin. I am simply telling you that these entries are fake because no THING with the quantities indicated with this entries exists in the possession of these "buyers".

And what you do? You completely ignore the entries, and keep talking about the code that manages the entries. If entry in my brokerage account says 100 TSLA, I don't care about the system that make this entry to appear on the screen. What I care are shares in the company. Company is the THING. That's what I buy, and not the brokerage system that manages data. So, whers the THING indicated with the entry 10 BTC people supposedly buy? That's of course a rhetorical question. No such THING exists in the Satoshi's system.

Me and 100 million other Bitcoin users are having problems? Apple CEO, Twitter founder, few presidents, governments, stock exchanges, investment banks, financial supervisors, brick and mortar banks, thousands of companies around the world... We don't realize we are having problems?
Well lucky me that I met you!  Cheesy

I'm sure to tell everyone from now on that don't listen to those hundred of millions of people, companies, investors etc. and don't you dare to verify anything about Bitcoin from its source code because this one guy in the internet says they are all wrong and he knows the truth! Cheesy
Well, you're free to think or tell people whatever you want. But that won't make bitcoin to appear. Btw, here's a quick lesson for you:

An argumentum ad populum is an argument, often emotionally laden, that claims a conclusion is true because most, all, or even an elite group people irrelevantly think, believe, or feel that it is.

An argumentum ad crumenam argument, also known as an argument to the purse, is the informal fallacy of concluding that a statement is correct because the speaker is rich (or that a statement is incorrect because the speaker is poor).

The appeal to wealth fallacy is committed by any argument that assumes that someone or something is better simply because they are wealthier or more expensive.
newbie
Activity: 28
Merit: 6
March 25, 2022, 09:06:01 AM

It's a very sad situation when you don't realize that you're the one having problems. I have said to you multiple times that I am referring to entries next to addresses. These entries are what changes when people supposedly buy Bitcoin. I am simply telling you that these entries are fake because no THING with the quantities indicated with this entries exists in the possession of these "buyers".

And what you do? You completely ignore the entries, and keep talking about the code that manages the entries. If entry in my brokerage account says 100 TSLA, I don't care about the system that make this entry to appear on the screen. What I care are shares in the company. Company is the THING. That's what I buy, and not the brokerage system that manages data. So, whers the THING indicated with the entry 10 BTC people supposedly buy? That's of course a rhetorical question. No such THING exists in the Satoshi's system.

Me and 100 million other Bitcoin users are having problems? Apple CEO, Twitter founder, few presidents, governments, stock exchanges, investment banks, financial supervisors, brick and mortar banks, thousands of companies around the world... We don't realize we are having problems?
Well lucky me that I met you!  Cheesy

I'm sure to tell everyone from now on that don't listen to those hundred of millions of people, companies, investors etc. and don't you dare to verify anything about Bitcoin from its source code because this one guy in the internet says they are all wrong and he knows the truth! Cheesy
jr. member
Activity: 252
Merit: 1
March 25, 2022, 08:49:21 AM

I see no code of Bitcoin. I see Satoshi's code that manipulates with numbers. You claim that somewhere in that some revolutionary digital currency exists and that when you pay half a million dollars you get 10 pieces of it. But you provided zero evidence for your claim. All you do is talking about the code, about the system. You proved nothing. Because bitcoin doesn't exist.

So just to check again if I understand you correctly.

1. You know that Bitcoin works how it's source code tells it to work. You just for some reason want to call Bitcoin's source code as "Satoshi's code". Even though it is not all coded by Mr. Nakamoto and even when he does not have any power to change the code and even when he does not have any kind of ownership over it.

2. You don't want to check the source code with your own eyes, not even when you are being told that the code verifies and proves that eveything said about Bitcoin is true.

So this kind of ends the whole conversation. You wanted proof but you are not willing to look at it. Ok, live in your alternative universe. No one cares, including Bitcoin. Tick tock next block, it just keeps working in the internet just how it is coded to work. No matter what you say or believe.
Have a happy rest of your life. Might be a sad one when every bit of news about Bitcoin, about it's price and about it's adoption going forward is an attack against your beliefs.
It's a very sad situation when you don't realize that you're the one having problems. I have said to you multiple times that I am referring to entries next to addresses. These entries are what changes when people supposedly buy Bitcoin. I am simply telling you that these entries are fake because no THING with the quantities indicated with this entries exists in the possession of these "buyers".

And what you do? You completely ignore the entries, and keep talking about the code that manages the entries. If entry in my brokerage account says 100 TSLA, I don't care about the system that make this entry to appear on the screen. What I care are shares in the company. Company is the THING. That's what I bought, and not the brokerage system that manages data. So, where's the THING indicated with the entry 10 BTC, that people supposedly buy? That's of course a rhetorical question. No such THING exists in the Satoshi's system.
newbie
Activity: 28
Merit: 6
March 25, 2022, 07:06:20 AM

I see no code of Bitcoin. I see Satoshi's code that manipulates with numbers. You claim that somewhere in that some revolutionary digital currency exists and that when you pay half a million dollars you get 10 pieces of it. But you provided zero evidence for your claim. All you do is talking about the code, about the system. You proved nothing. Because bitcoin doesn't exist.

So just to check again if I understand you correctly.

1. You know that Bitcoin works how it's source code tells it to work. You just for some reason want to call Bitcoin's source code as "Satoshi's code". Even though it is not all coded by Mr. Nakamoto and even when he does not have any power to change the code and even when he does not have any kind of ownership over it.

2. You don't want to check the source code with your own eyes, not even when you are being told that the code verifies and proves that eveything said about Bitcoin is true.

So this kind of ends the whole conversation. You wanted proof but you are not willing to look at it. Ok, live in your alternative universe. No one cares, including Bitcoin. Tick tock next block, it just keeps working in the internet just how it is coded to work. No matter what you say or believe.
Have a happy rest of your life. Might be a sad one when every bit of news about Bitcoin, about it's price and about it's adoption going forward is an attack against your beliefs.
jr. member
Activity: 252
Merit: 1
March 25, 2022, 05:34:20 AM

You're again twisting things around. When people say they are buying bitcoin they don't say they are buying some "open source" code. Are you capable of comprehending the difference between the system and the entries next to addresses?


Dude, just answer the question. Don't be a dick.

What kind of proof are you looking for if you are not willing to check the code of Bitcoin with your own eyes?
I see no code of Bitcoin. I see Satoshi's code that manipulates with numbers. You claim that somewhere in that some revolutionary digital currency exists and that when you pay half a million dollars you get 10 pieces of it. But you provided zero evidence for your claim. All you do is talking about the code, about the system. You proved nothing. Because bitcoin doesn't exist.
newbie
Activity: 28
Merit: 6
March 25, 2022, 05:26:59 AM

You're again twisting things around. When people say they are buying bitcoin they don't say they are buying some "open source" code. Are you capable of comprehending the difference between the system and the entries next to addresses?


Dude, just answer the question. Don't be a dick.

What kind of proof are you looking for if you are not willing to check the code of Bitcoin with your own eyes?
jr. member
Activity: 252
Merit: 1
March 25, 2022, 05:22:37 AM


Digital currency is a generic phrase like God. You must prove that digital currency actually exists. But of course, we know that this is impossible.

So are you saying that anything digital does not exist or are you saying that nothing digital can be used as a payment in transactions?
I have this beautiful picture I just made in Paint with my computer. I saved it in cloud service Dropbox. Does that picture I can see in my computer screen exist or is it only my imagination?
To say that Bitcoin is digital you would first have to prove it exists. Like applications, ebooks, documents, animations, pictures, and other digital products exist. There's an enormous amount of digital products out there. Bitcoin is nowhere to be found. So when you say it's digital you're imagining things.

Ok. So my conclusion is that you do not understand what digital things means. Because all of those are in the end lines of code and you are not willing to see the proof. Bitcoin is great because it is not closed, hidden, secret code in the servers of some private company. It is open source so anyone can verify it exists and works just like people tell you.

What kind of proof are you looking for if you are not willing to check the code of Bitcoin with your own eyes?
You're again twisting things around. When people say they are buying bitcoin they don't say they are buying some "open source" code. Are you capable of comprehending the difference between the system and the entries next to addresses?

What you conclude is your problem. All I do here is presenting facts.
newbie
Activity: 28
Merit: 6
March 25, 2022, 05:17:42 AM


Digital currency is a generic phrase like God. You must prove that digital currency actually exists. But of course, we know that this is impossible.

So are you saying that anything digital does not exist or are you saying that nothing digital can be used as a payment in transactions?
I have this beautiful picture I just made in Paint with my computer. I saved it in cloud service Dropbox. Does that picture I can see in my computer screen exist or is it only my imagination?
To say that Bitcoin is digital you would first have to prove it exists. Like applications, ebooks, documents, animations, pictures, and other digital products exist. There's an enormous amount of digital products out there. Bitcoin is nowhere to be found. So when you say it's digital you're imagining things.

Ok. So my conclusion is that you do not understand what digital things means. Because all of those are in the end lines of code and you are not willing to see the proof. Bitcoin is great because it is not closed, hidden, secret code in the servers of some private company. It is open source so anyone can verify it exists and works just like people tell you.

What kind of proof are you looking for if you are not willing to check the code of Bitcoin with your own eyes?
jr. member
Activity: 252
Merit: 1
March 25, 2022, 05:09:20 AM


Digital currency is a generic phrase like God. You must prove that digital currency actually exists. But of course, we know that this is impossible.

So are you saying that anything digital does not exist or are you saying that nothing digital can be used as a payment in transactions?
I have this beautiful picture I just made in Paint with my computer. I saved it in cloud service Dropbox. Does that picture I can see in my computer screen exist or is it only my imagination?
To say that Bitcoin is digital you would first have to prove it exists. Like applications, ebooks, documents, animations, pictures, and other digital products exist. There's an enormous amount of digital products out there. Bitcoin is nowhere to be found. So when you say it's digital you're imagining things.
newbie
Activity: 28
Merit: 6
March 25, 2022, 05:04:13 AM


Digital currency is a generic phrase like God. You must prove that digital currency actually exists. But of course, we know that this is impossible.

So are you saying that anything digital does not exist or are you saying that nothing digital can be used as a payment in transactions?
I have this beautiful picture I just made in Paint with my computer. I saved it in cloud service Dropbox. Does that picture I can see in my computer screen exist or is it only my imagination?
jr. member
Activity: 252
Merit: 1
March 25, 2022, 04:59:52 AM

Ok. Now you're saying that people are not actually buying numbers. So, what things in the quantity of 10 did a guy that spent $440K to have number 10 in the Satoshi's system, actually bought?

They bought digital currency called Bitcoin. A digital money that exists only in the internet, in the Bitcoin blockchain which keeps tabs on who owns what of this digital money. They bought ownership of those Bitcoins included in the transaction.
So after the transaction is verified by the network, the change of ownership will be updated to the blockchain.

And again, it is not Satoshi's or anyone elses system. Satoshi Nakamoto wrote the whitepaper and started the coding work and then left the project and gave it to many other coders to complete. No one owns the network as it is decentralized and and ran by thousands of computers across the planet.

Just tell me if these digital things are too difficult for you to understand and we can go back to talk about "numbers" or even "lollipops" if that makes it easier for you to comprehend.
Digital currency is a generic phrase like God. You must prove that digital currency actually exists. But of course, we know that this is impossible. Your words are like saying: "they bought the supreme deity called Zeus". In the blockchain we se neither Bitcoin nor Zeus, but only numbers and addresses. Nodes send and receive neither Bitcoin nor Zeus, but numbers in the network. So no digital currency with the name Bitcoin exists. It's just a myth. It exists only in your fantasy. What we actually have are intangible currencies in the banking system that are called liabilities. Liabilities in the US banking system are called USD. Liabilities in the Australian banking system are called AUD. And so on. So these are the currencies. And not your fictional Bitcoin. It's time for you to finally accept the reality. But if you're not ready yet it's Ok. You'll accepted it eventually.
newbie
Activity: 28
Merit: 6
March 25, 2022, 04:41:01 AM

Ok. Now you're saying that people are not actually buying numbers. So, what things in the quantity of 10 did a guy that spent $440K to have number 10 in the Satoshi's system, actually bought?

They bought digital currency called Bitcoin. A digital money that exists only in the internet, in the Bitcoin blockchain which keeps tabs on who owns what of this digital money. They bought ownership of those Bitcoins included in the transaction.
So after the transaction is verified by the network, the change of ownership will be updated to the blockchain.

And again, it is not Satoshi's or anyone elses system. Satoshi Nakamoto wrote the whitepaper and started the coding work and then left the project and gave it to many other coders to complete. No one owns the network as it is decentralized and and ran by thousands of computers across the planet.

Just tell me if these digital things are too difficult for you to understand and we can go back to talk about "numbers" or even "lollipops" if that makes it easier for you to comprehend.
jr. member
Activity: 252
Merit: 1
March 25, 2022, 04:35:30 AM
Wait a minute. You people have been saying all along that bitcoin is not a number. And now you're saying: "people buy the numbers". Hahaha. You proved me right again. You people are twisting everything around like crazy. It's impossible to have rational discussion with you. Btw, it's irrational to buy numbers. Numbers are free to use. They are not copyrighted. The fact that you cannot counterfeit them is like fact that you can't conterfit the speed of light. The speed of light is what it is. The number next to your address is what it is. No coins, tokens, money, asset, or whatever exist in your possession because numbers, or the speed of light, cannot be counterfeited. Paying even a dime for a number is a nonsense.

Like I said,  maybe we need to talk to you like a kid.
And like I said, numbers have only value as Bitcoin if they are included in the Bitcoin blockchain in the first place. The system recognizes if some number you create belongs to the network or not.
You are sounding more and more bitter by every message. Do you still think that you can get anyone here to believe you when at the same time they can verify from the source code that you are lying?

If Snowshows brain is not big enough to understand more complex things than "numbers", then lets talk about numbers. Let's talk about this in a child's way.

Bitcoin network has limited amounts of numbers. The whole network exists only in internet as digital. Anybody can buy some of those numbers and if the purchase is made inside of the network, then the ownership of those numbers gets rewritten for that person. The buyer does not receive anything physical, just the change of ownership gets written in the digital book keeping list of who owns what of those numbers.

Kid claims that you can just make your own numbers and they would be as valuable as those numbers in the Bitcoin network. That is incorrect because those numbers he created are just random numbers. They are not inclueded in the Bitcoin book keeping called blockchain. Kid cannot put or send his fake numbers to the Bitcoin book because Bitcoin book does not accept any other numbers than the ones it was created with. You can't add new numbers into it as it has been coded to work with only the exact 21 million numbers which were in the system originally.

Can you touch the numbers? No. They exist only in the internet. They are listed there. It is a closed system with rules that everyone can verify. Anyone can buy part of those numbers if someone who owns them is willing to sell. But you can't counterfeit or copy the numbers because only the original numbers exists in the system and the system recognizes if you own any of those numbers or not.

If there are kids in this world who has similar brain than Snowshow, maybe this will help you understand how Bitcoin works.
Ok. Now you're saying that people are not actually buying numbers. Hahaha. You're contradicting yourself like crazy. But let's play this game. So, what things in the quantity of 10 did a guy that spent $440K to have number 10 in the Satoshi's system, actually bought? Where are these things and how do they look?
newbie
Activity: 28
Merit: 6
March 25, 2022, 04:27:50 AM
Wait a minute. You people have been saying all along that bitcoin is not a number. And now you're saying: "people buy the numbers". Hahaha. You proved me right again. You people are twisting everything around like crazy. It's impossible to have rational discussion with you. Btw, it's irrational to buy numbers. Numbers are free to use. They are not copyrighted. The fact that you cannot counterfeit them is like fact that you can't conterfit the speed of light. The speed of light is what it is. The number next to your address is what it is. No coins, tokens, money, asset, or whatever exist in your possession because numbers, or the speed of light, cannot be counterfeited. Paying even a dime for a number is a nonsense.

Like I said,  maybe we need to talk to you like a kid.
And like I said, numbers have only value as Bitcoin if they are included in the Bitcoin blockchain in the first place. The system recognizes if some number you create belongs to the network or not.
You are sounding more and more bitter by every message. Do you still think that you can get anyone here to believe you when at the same time they can verify from the source code that you are lying?

If Snowshows brain is not big enough to understand more complex things than "numbers", then lets talk about numbers. Let's talk about this in a child's way.

Bitcoin network has limited amounts of numbers. The whole network exists only in internet as digital. Anybody can buy some of those numbers and if the purchase is made inside of the network, then the ownership of those numbers gets rewritten for that person. The buyer does not receive anything physical, just the change of ownership gets written in the digital book keeping list of who owns what of those numbers.

Kid claims that you can just make your own numbers and they would be as valuable as those numbers in the Bitcoin network. That is incorrect because those numbers he created are just random numbers. They are not inclueded in the Bitcoin book keeping called blockchain. Kid cannot put or send his fake numbers to the Bitcoin book because Bitcoin book does not accept any other numbers than the ones it was created with. You can't add new numbers into it as it has been coded to work with only the exact 21 million numbers which were in the system originally.

Can you touch the numbers? No. They exist only in the internet. They are listed there. It is a closed system with rules that everyone can verify. Anyone can buy part of those numbers if someone who owns them is willing to sell. But you can't counterfeit or copy the numbers because only the original numbers exists in the system and the system recognizes if you own any of those numbers or not.

If there are kids in this world who has similar brain than Snowshow, maybe this will help you understand how Bitcoin works.
jr. member
Activity: 252
Merit: 1
March 25, 2022, 04:27:28 AM
Why does your reasoning fail at such a simple level? You're talking about some Satoshi's system, banking system, liabilities and god knows what else. I'm not interested in those things. I just have one simple question for you.

Please bear with me as I explain slowly. I had "something" associated with my address. I went to an online exchange, I exchanged it for fiat currency (for $ 44k at current exchange rates), and now I don't have that "something" anymore. All I have left is just a address. By definition, this process is called sales. My question to you, what did I sell?

My answer to you is: nothing. You sold nothing.

The answer makes no logical sense, however. Why can I sell "nothing" but you can't?

Take this analogy. I write down my name and "1 Zeus" next to it. I now have "something" associated with my name. I go to my neighbor, I exchange it for fiat currency (for $ 44k) by writing down his name and "1 Zeus", and by writing down my name and "0 Zeus" next to it. Now I don't have that "something" anymore. All I have left is just my name. By definition, this process is called sales. My question to you, what did I sell?

Your analogy has one major flaw. You can write "1 Zeus" next to your name again (after the sale), and it will be indistinguishable from the original record, while I can't simply write 1 BTC next to my address. Do you see the difference?

Irrelevant. I am not asking you what I can do in the future. I am asking what did I sell in the past?
jr. member
Activity: 252
Merit: 1
March 25, 2022, 04:22:50 AM

Stop with the nonsense. When someone says that they bought bitcoin they are not saying that they bought "the source code of Bitcoin" or "blockchain" or "network" of nodes. They're saying they bought coins, tokens, digital money, digital assets... in the quantity that is written next to their address. I have proved to you that this is factually incorrect. They bought nothing. Numbers are fake. I didn't say unverified. I said fake in a sense that no thing exists in the quantity that this number indicates. So stop with this rhetorical tricks. You cannot fool anyone here.

I have no need to fool anyone because what I tell you can be verified from the open source code of Bitcoin. Do you know how to read code?
No one has said people buy the source code or blockchain. People buy the numbers listed in the Bitcoin book called blackchain. Numbers that you can't copy or counterfeit.
The numbers are real and can be verified from the source code. You can't change that by crying. How does that make you feel?

Will you be more happy or bitter if Bitcoin is 50 x more valuable, used in 50 x amount of companies around the world and it has 50 x more users in 10-20 years?
Wait a minute. You people have been saying all along that bitcoin is not a number. And now you're saying: "people buy the numbers". Hahaha. You proved me right again. You people are twisting everything around like crazy. It's impossible to have rational discussion with you. Btw, it's irrational to buy numbers. Numbers are free to use. They are not copyrighted. The fact that you cannot counterfeit them is like a fact that you can't conterfit the speed of light. The speed of light is what it is. The number next to your address is what it is. No coins, tokens, money, asset, or whatever exist in your possession because numbers, or the speed of light, cannot be counterfeited. Paying even a dime for a number is a nonsense.
newbie
Activity: 32
Merit: 0
March 25, 2022, 04:07:58 AM
If Snowshows brain is not big enough to understand more complex things than "numbers", then lets talk about numbers. Let's talk about this in a child's way.

Bitcoin network has limited amounts of numbers. The whole network exists only in internet as digital. Anybody can buy some of those numbers and if the purchase is made inside of the network, then the ownership of those numbers gets rewritten for that person. The buyer does not receive anything physical, just the change of ownership gets written in the digital book keeping list of who owns what of those numbers.

Kid claims that you can just make your own numbers and they would be as valuable as those numbers in the Bitcoin network. That is incorrect because those numbers he created are just random numbers. They are not inclueded in the Bitcoin book keeping called blockchain. Kid cannot put or send his fake numbers to the Bitcoin book because Bitcoin book does not accept any other numbers than the ones it was created with. You can't add new numbers into it as it has been coded to work with only the exact 21 million numbers which were in the system originally.

Can you touch the numbers? No. They exist only in the internet. They are listed there. It is a closed system with rules that everyone can verify. Anyone can buy part of those numbers if someone who owns them is willing to sell. But you can't counterfeit or copy the numbers because only the original numbers exists in the system and the system recognizes if you own any of those numbers or not.

If there are kids in this world who has similar brain than Snowshow, maybe this will help you understand how Bitcoin works.
You write a lot and say nothing. That what you've written is not how bitcoin works but how numbers are managed according to protocols. Bitcoin "works" only in fantasy.
newbie
Activity: 28
Merit: 6
March 25, 2022, 04:02:12 AM

Stop with the nonsense. When someone says that they bought bitcoin they are not saying that they bought "the source code of Bitcoin" or "blockchain" or "network" of nodes. They're saying they bought coins, tokens, digital money, digital assets... in the quantity that is written next to their address. I have proved to you that this is factually incorrect. They bought nothing. Numbers are fake. I didn't say unverified. I said fake in a sense that no thing exists in the quantity that this number indicates. So stop with this rhetorical tricks. You cannot fool anyone here.

I have no need to fool anyone because what I tell you can be verified from the open source code of Bitcoin. Do you know how to read code?
No one has said people buy the source code or blockchain. People buy the numbers listed in the Bitcoin book called blackchain. Numbers that you can't copy or counterfeit.
The numbers are real and can be verified from the source code. You can't change that by crying. How does that make you feel?

Will you be more happy or bitter if Bitcoin is 50 x more valuable, used in 50 x amount of companies around the world and it has 50 x more users in 10-20 years?
member
Activity: 234
Merit: 50
March 25, 2022, 03:58:01 AM
Why does your reasoning fail at such a simple level? You're talking about some Satoshi's system, banking system, liabilities and god knows what else. I'm not interested in those things. I just have one simple question for you.

Please bear with me as I explain slowly. I had "something" associated with my address. I went to an online exchange, I exchanged it for fiat currency (for $ 44k at current exchange rates), and now I don't have that "something" anymore. All I have left is just a address. By definition, this process is called sales. My question to you, what did I sell?

My answer to you is: nothing. You sold nothing.

The answer makes no logical sense, however. Why can I sell "nothing" but you can't?

Take this analogy. I write down my name and "1 Zeus" next to it. I now have "something" associated with my name. I go to my neighbor, I exchange it for fiat currency (for $ 44k) by writing down his name and "1 Zeus", and by writing down my name and "0 Zeus" next to it. Now I don't have that "something" anymore. All I have left is just my name. By definition, this process is called sales. My question to you, what did I sell?

Your analogy has one major flaw. You can write "1 Zeus" next to your name again (after the sale), and it will be indistinguishable from the original record, while I can't simply write 1 BTC next to my address. Do you see the difference?
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